Zimbabwe aims to become Africa's carbon credit trading hub

In retrospect, Zimbabwe is attempting to become Africa’s carbon credit trading hub, as seen on Bloomberg, an American-based business news platform.

According to a pamphlet from the organizers of a state-backed conference, the Africa Voluntary Carbon Markets Forum, scheduled from July 3-9 in the resort of Victoria Falls, the country intends to register projects generating the offsets on a carbon registry at its dollar-denominated Victoria Falls Stock Exchange.

“A key highlight of the forum will be the signing of a Memorandum of Understanding (MOU) between key stakeholders to establish the Pan-African Voluntary Carbon Credit Register and Victoria Falls Stock Exchange Carbon Market.”