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Home Business Finance

Green finance talks merge with Ngwenya innovation

Adekunle Owolabi by Adekunle Owolabi
July 26, 2025
in Finance
Reading Time: 2 mins read
0
Participants of the CBE-AFI Regional Training pose for a group photo during their field visit to Ngwenya Glass on Friday.

Participants of the CBE-AFI Regional Training pose for a group photo during their field visit to Ngwenya Glass on Friday.

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NGWENYA – Stakeholders attending the Central Bank of Eswatini (CBE) and Alliance for Financial Inclusion (AFI) regional training took a practical turn on Friday with a visit to Ngwenya Glass, following sessions on climate finance coordination and awareness.

The third day of the workshop, held on July 25, focused on how effective coordination and capacity building can unlock green finance for Micro, Small and Medium Enterprises (MSMEs) across national and regional levels. The sessions were themed “Coordination for Climate Change Adaptation and Mitigation” and “Capacity Building for Climate Change Awareness and Green Finance Implementation.”

Ngwenya Glass artisans at work, transforming recycled glass into handcrafted tableware and decorative pieces using traditional mouth-blown techniques.
Ngwenya Glass artisans at work, transforming recycled glass into handcrafted tableware and decorative pieces using traditional mouth-blown techniques.

CBE Macro-Prudential Analyst Nompumelelo Simelane delivered a summary of key insights, urging participants to prioritise joint efforts when dealing with the complexities of climate adaptation and financing.

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As part of reinforcing the day’s learning, delegates travelled to Ngwenya Glass, where they observed first-hand how recycled materials can be transformed into export-grade tableware, vases, and animal ornaments. The factory, known for its use of 100% recycled glass, old newspapers, and engine oil as part of its production process, has long been considered a model for sustainable industry in Eswatini.

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Delegates admire the unique creations at Ngwenya Glass, gaining insight into Eswatini’s model of sustainable craftsmanship and circular economy.
Delegates admire the unique creations at Ngwenya Glass, gaining insight into Eswatini’s model of sustainable craftsmanship and circular economy.

Adekunle Owolabi

Adekunle Owolabi

Adekunle Owolabi is a journalist, political analyst, and digital strategist with experience across Africa and the Middle East. He focuses on international diplomacy, promotes digital inclusion, and advocates for a borderless Africa.

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