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Kenya takes the lead as Africa redefines climate finance

M-taka agents at Maendeleo Recovery Facility weighing recyclable materials in Kisumu. The company won the CircularTech Award for digitising waste collection and creating job opportunities.

What you need to know:

  • At the 13th Sankalp Africa Summit held at the Sarit Expo Centre, over 1,500 delegates, including 200 investors and 400 startups from the Global South witnessed a major shift in Africa's economic direction.
  • Kenyan innovators dominated, winning three of the five top awards at the Sankalp Africa Awards 2026.

Nairobi's Silicon Savannah has proven it is more than just a regional tech hub. At the 13th Sankalp Africa Summit held at the Sarit Expo Centre, over 1,500 delegates, including 200 investors and 400 startups from the Global South witnessed a major shift in Africa's economic direction. Kenyan innovators dominated, winning three of the five top awards at the Sankalp Africa Awards 2026. Their success underscored the summit's theme, 'South-South Rising: Building Bold Futures Together,' signalling Africa's determination to chart its own course beyond reliance on the Global North.

Since its launch in 2009, the Sankalp Forum has channelled $800 million into impact-focused ventures that prioritise social and environmental returns. For Kenyans, this capital influx validates a maturing ecosystem transitioning from paternalistic aid to collaborative, investment-based models. Christiane Haziyo, a programme manager at the EU Delegation to Zambia and the Common Market for Eastern and Southern Africa, noted a major political shift underway, with the EU pivoting toward green growth and industrialisation. Through initiatives like the Global Gateway, which plans to invest €150 billion in Africa, the focus has moved to building self-sustaining infrastructure rather than relying on grant cycles.