Nigeria Plans to Offer $186 Million of Green Bonds This Year!
Here is what you need to know about this week's Global news review and how it affects you and your business:
Nigerian News: Nigeria Plans to Offer $186 Million of Green Bonds This Year
Nigeria plans to sell $186 million of green bonds in two offerings before the end of the year as it seeks to fund an ambitious economic-transformation plan, Environment Minister Balarabe Abbas Lawal said.
Our thoughts:
This week, the Federal Government of Nigeria announced plans to raise ₦300 billion (approximately $186 million) through green bonds in two phases before the end of the year. The goal?
To fund environmentally focused projects like green mass transit, clean energy, and water security. The initiative has strong backing from the European Union, World Bank, Ministry of Finance, and the Debt Management Office (DMO).
According to Environment Minister Balarabe Abbas Lawal, both issuances are expected to be oversubscribed (not sure why he needed to add that, but okay 😅).
What are Green Bonds?
Green bonds are fixed-income investments specifically designed to fund climate and sustainability projects.
Unlike regular bonds, they come with:
- Clear use of proceeds strictly for green initiatives.
- Impact reporting that shows measurable environmental outcomes.
These features make them especially attractive to ESG-focused and climate-conscious investors.
Why This Matters for Nigeria:
This issuance brings several potential benefits:
- Cheaper funding for climate projects that may not have been priority for the current government.
- Job creation through infrastructure and clean tech investments.
- Increased credibility in international capital markets.
What It Means for You as an Investor:
As an individual investor, these green bonds present a new opportunity to diversify your portfolio into sustainable investments.
That said:
- Returns may be lower than traditional FGN bonds of similar maturity.
- The impact focus would appeal more to those prioritizing values over returns - -- And here’s a key highlight: a dollar-denominated green bond is also being planned for 2026—now that’s the one to watch 👀.
African News: Kenya's 2025/26 budget proposals avoid new taxes after last year's riots
Kenya’s government will not impose new taxes or increase existing ones in this year’s budget proposals, the finance minister said, after deadly protests broke out last year against the government’s measures to raise revenue.
Our thoughts
Kenya’s government is taking a different approach in its upcoming budget: no new taxes and no hikes on existing ones.
This comes after last year’s deadly protests, where more than 50 people were killed when young people took to the streets to oppose harsh tax increases.
A listening government or an arm twisted govt? Either way, there's some stability and we are here for it!!
Global News: Alphabet slips as Apple considers adding AI Search to browser
Shares of Alphabet (GOOGL) are under pressure on Wednesday after an Apple (AAPL) executive said the iPhone maker was exploring adding AI search to its Safari browser.
What’s Happening?
President Donald Trump just announced plans to slap a 100% tariff on movies made outside the U.S., calling foreign film production a “national security threat.” 😳
Why the Fuss?
Trump says other countries are luring Hollywood productions away with tax breaks and rebates — and it's hurting the American film industry. He wants more movies to be "Made in America, again."
What’s Been Happening?
For years, Hollywood has been filming in places like Canada, the UK, and Australia, where it’s cheaper.
Big studios like Netflix, Disney, and Universal love the savings.
But Trump argues that:
- It’s costing Americans jobs
- It gives other countries too much control over media messaging
- It’s weakening Hollywood’s global dominance
He’s now told U.S. agencies to start working on the tariff, but there are still a lot of unanswered questions.
What We Don’t Know Yet: Will the tariff apply to streaming platforms or just cinema releases? Will it be charged on production cost or box office sales? How will it impact global streaming subscribers?
Who would Win?
✅ U.S. film workers – More productions might stay in America
✅ Small U.S. cities and towns – They could attract more filming
✅ Studios already filming locally – Less pressure from foreign competition
Who Could Lose?
- Studios filming abroad – Costs could double
- Countries like Canada, UK, Australia – They might lose a lot of production business
- Viewers like us – We might end up paying more for tickets or streaming subscriptions.
What About Africa’s Film Industry?
This could actually be a big opportunity for African filmmakers, especially Nollywood!
✅ African films are more affordable to produce
✅ Even with tariffs, they could stay competitive
✅ U.S. distributors might start looking at Africa for fresh stories and untapped talent.
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