Forest carbon projects in Africa aim to reduce carbon emissions by conserving or enhancing forest carbon stocks. Various market-based mechanisms are being used to facilitate offset arrangements through payments and trade in carbon credits. These projects are linked to international climate change negotiations and voluntary carbon markets. Research is examining how forest carbon projects are unfolding, their effectiveness in climate mitigation, and how forest users can benefit from them. Additionally, studies are looking at the institutional architectures, funding mechanisms, and challenges of the new carbon economy. Recent findings highlight low carbon prices, market irregularities, scams, and politics.