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Green bonds have become a widespread practice globally for financing green projects, reaching $588bn in 2023, but bond issuance in Africa remains low ($2bn in 2023), and highly concentrated in a few countries. Last year, the AfDB issued four green bonds totalling $517m, the Tanzanian government issued a $20m bond, and Nedbank issued a green bond of around $118m. Certain governments are taking actions but face an uphill task to mobilise green bond capital. A roundtable of supranational institutions, capital market players, commercial banks and public sector representatives discuss how to accelerate successful green bond issuance on Africa’s stock exchanges.

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