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The Belarus African Foreign Trade Association has allocated 2-million carbon credits to initiate trade in the offsets in Zimbabwe’s newly launched exchange, the Africa Voluntary Carbon Credits Market.
“I have the memorandum of intent of these carbon offsets which have been certified and validated,” said former president Jacob Zuma, who is representing the organisation at a conference in Victoria Falls, Zimbabwe. “This is our pledge to kick-start the process.”
The former president is due to deliver a “special presentation” on behalf of the Belarusian African Foreign Trade Association (Bafta), of which he is a board member.
The event in Victoria Falls has drawn African participants from Malawi, SA, Kenya and Zambia. There are also delegates from the US, UK, Germany, Estonia and the Czech Republic.
The organisers are also hosting John Hlophe, who was suspended as the top judge of the Western Cape, it was previously reported.
Hlophe, who was suspended for gross misconduct for trying to pressure judges to rule in favour of Zuma in a court case, has denied the allegations.
Zimbabwe has close ties with Belarus. President Alexander Lukashenko visited the country earlier in 2023 amid pledges of agricultural and industrial investments. Russia, Belarus and Zimbabwe are sanctioned by the US.
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