USAID has announced an expansion of the Feed the Future Innovation Labs network, adding two new Innovation Labs and a research collaboration with a funding amount that is up to $79 million. This brings the total to 17 across the United States. These investments aim to strengthen small-scale farmers' resilience to climate change and shocks. The expansion includes $37 million for the Feed the Future Innovation Lab for Climate Resilient Cereals, led by Kansas State University, and $40 million … [Read more...] about USAID announces Funding of up to $79 million to add new Innovation Labs, Collaborate on Research
Vietnam, EIB sign MOU to implement Decarbonization, Energy Transition valued at €500 million
Vietnam and the European Investment Bank have signed a memorandum of understanding to facilitate the implementation of the Just Energy Transition Partnership (JETP) in Vietnam to multi-projects credit facility with a total value of €500 million. Once finalized and executed in the near future, this credit facility will serve as a framework loan to finance projects that support decarbonization and energy transition. Moreover, the European Union (EU) will provide €16.6 million in technical … [Read more...] about Vietnam, EIB sign MOU to implement Decarbonization, Energy Transition valued at €500 million
EIB commits €1 billion to support Morocco’s Earthquake Recovery Program
The European Investment Bank (EIB) has committed €1 billion over the next three years to support Morocco's extensive €12 billion post-earthquake recovery program, which extends until 2028. This financial commitment aligns closely with Morocco's ambitious national recovery agenda, following the country's identified priorities. The announcement was made by EIB's Vice-President, Mr. Ricardo Mourinho Felix, following a meeting with Mr. Fouzi Lekjaa, Morocco's Vice-Minister overseeing the … [Read more...] about EIB commits €1 billion to support Morocco’s Earthquake Recovery Program
AfDB, AU fund project to construct 24-kilometer Senegambia Bridge access road
The African Development Bank and the European Union funded a joint project to construct a 24-kilometer Senegambia Bridge access road. It was officially inaugurated by Gambian President Adama Barrow who emphasized the road's significance as a vital connection that will enhance trade relations between the people of Gambia and the broader African continent. The African Development Bank successfully secured a 16 million euro grant from the EU-Africa Investment Platform (AIP) to fund this … [Read more...] about AfDB, AU fund project to construct 24-kilometer Senegambia Bridge access road
Belgium signs new MOU to fortify its national Healthcare Systems in Low-to-middle-income Countries
The Belgian government renewed its partnership in Brussels by signing a new memorandum of understanding centered on fortifying national healthcare systems, to ensure equitable access to healthcare and health tools for individuals in low- and middle-income countries, thereby enhancing their health and overall quality of life. The Belgian government was represented by the Minister for Development Cooperation, Ms. Caroline Gennez, and the Bill & Melinda Gates Foundation, was represented by … [Read more...] about Belgium signs new MOU to fortify its national Healthcare Systems in Low-to-middle-income Countries
EIB, SGEF Czech Republic enter loan agreement of €200 million to support Small Businesses
The European Investment Bank (EIB) and SG Equipment Finance Czech Republic (SGEF) have entered into a €200 million loan agreement to offer new financial support to small businesses in the Czech Republic and Slovakia. The majority of this funding is designated for small and medium-sized enterprises (SMEs) and mid-sized companies in these two countries. However, up to 15% of the total funds can also be utilized to finance public sector organizations or other eligible private entities. The … [Read more...] about EIB, SGEF Czech Republic enter loan agreement of €200 million to support Small Businesses
ADG, AfDB gives go-ahead to $1.2 billion loan to support Women-led Businesses across Africa
The African Guarantee Fund (ADG) in partnership with the African Development Bank Group (AFBD) has given a go-ahead to a $1.2 billion loan aimed at empowering women-led businesses across Africa. This financial support aims to benefit women entrepreneurs in 32 African countries. The announcement was made during the Affirmative Finance Action for Women in Africa, Finance Series event in Lagos, which seeks to unlock financing opportunities for women entrepreneurs. The AFAWA Finance Series … [Read more...] about ADG, AfDB gives go-ahead to $1.2 billion loan to support Women-led Businesses across Africa
EIB continues support for Green Transformation, Digitalization, Education, Healthcare in the Western Balkans
The Vice-President of the European Investment Bank (EIB), emphasized the EIB's unwavering commitment to enhancing connectivity, promoting the green and digital transformation, and reinforcing the educational and healthcare systems. This was emphasized at the Tirana-hosted Berlin Process Leaders' Summit, Czerwińska. As a substantial participant in the EU Economic and Investment Plan for the Western Balkans, EIB Global will amplify its efforts within the Just Transition Initiative to help … [Read more...] about EIB continues support for Green Transformation, Digitalization, Education, Healthcare in the Western Balkans
Bill & Melinda Gates Foundation invites Proposals to advance Innovations in Women’s Health
The Bill & Melinda Gates Foundation has issued a call for proposals aimed at advancing innovations in women's health. Applicants are to apply here before the deadline on the 6th of December, 2023. According to the Challenge organizers, the objective is to fund a diverse array of proposals addressing a wide range of issues. The overarching goals are therefore to: Foster groundbreaking ideas that address the opportunities in the Opportunity Map. Bolster overall funding and resources … [Read more...] about Bill & Melinda Gates Foundation invites Proposals to advance Innovations in Women’s Health
EU, EIB, Bill & Melinda Gates Foundation collaborate to eradicate polio with €1.1 billion funding
A collaboration has been announced between the European Commission, the European Investment Bank, and the Bill & Melinda Gates Foundation to address critical global health priorities: the eradication of polio and the improved accessibility of health innovations to those most in need. The World Health Organization and UNICEF, responsible for implementing the polio funding, will allocate these resources towards the eradication of polio, the distribution of childhood immunizations, and the … [Read more...] about EU, EIB, Bill & Melinda Gates Foundation collaborate to eradicate polio with €1.1 billion funding
