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Green Finance: Africa's top business ideas and opportunities for 2024

The global green finance market is valued at over $1 trillion but Africa only has a tiny slice of it. This detailed guide shares the three most lucrative opportunities to explore.

As global attention and spending on climate-friendly projects grow, green finance presents a huge opportunity for Africa. Photo by Victor

Green finance (also known as ‘sustainable finance’) includes an array of investment products and financial instruments that are used to encourage the development and funding of climate-friendly projects.

With a global market of traded instruments that exceeded $1 trillion since 2015, green finance has created a huge opportunity for investors, entrepreneurs, and even governments to create innovative green businesses and projects.

To play in this fast-growing global market, there are five major themes that typically qualify businesses and projects for green finance opportunities.

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