Funding support of $200 million has been announced by the Facebook to African American-owned businesses and organizations. Following on the heels of an announcement by the company earlier this month that it would donate $10 million in support of racial justice organizations, the commitments include $75 million in cash grants and ad credits for Black-owned small businesses and nonprofits that serve the African-American community and $25 million in support of Black content creators. And as … [Read more...] about Facebook pools in $200 million funding support for African American-owned businesses & organizations
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The German Ministry for Economic Cooperation and Development (BMZ) has provided USD 5.9 million to ensure that the UN World Food Programme (WFP) can continue to protect 1.2 million vulnerable African farmers with climate risk insurance. This German donation will fund insurance coverage for around 108,000 people in Mauritania; 175,000 people in Burkina Faso; 45,000 people in the Gambia; 745,000 people in Mali and 266,000 people in Zimbabwe. The funds will be channelled from BMZ through the … [Read more...] about Germany supports WFP with USD 5.9 million to protect vulnerable African Farmers with Climate Risk
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As part of a broader effort to center and amplify Black voices and perspectives, YouTube has announced a $100 million fund dedicated to developing and supporting African-American artists and creators. On Saturday the online video-sharing platform hosted a live stream fundraising event, "Bear Witness, Take Action," featuring musical performances and roundtable discussions with artists, creators, public figures, and activists, with donations raised through the event benefiting the Equal Justice … [Read more...] about YouTube dedicates a $100 million Fund supporting African-American Artists and Creators
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A $530 million commitment has been announced by the PayPal Holdings in support of African American- and minority-owned businesses. As part of a longer-term commitment to address economic inequality in the United States, the company will create a $500 million economic opportunity fund aimed at supporting and strengthening African-American and underrepresented minority businesses. Through the initiative, the company will work closely with community banks and credit unions serving … [Read more...] about PayPal commits $530 million in support of African-American and minority owned Businesses
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UNHCR has launched a US$186 million appeal to mainly provide lifesaving protection and assistance to refugees, internally displaced persons (IDPs), returnees and host communities in the central Sahel region. The appeal includes the $97 million in initial requirements for 2020, US$ 29 million to implement COVID-19 prevention and response measures in displacement areas, and an additional US$ 60 million to scale up UNHCR’s emergency response as part of its Sahel Strategy. Launching the appeal in … [Read more...] about UNHCR provides Lifesaving protection and assistance to Refugees in the central Sahel region
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Save the Children launched its paper 'How To Protect A Generation At Risk', which analyses the primary and secondary impacts of COVID-19 on Africa's children. The agency warns that while children are not the highest-risk group in terms of direct fatalities, more action needs to be taken now to prevent the pandemic having far-reaching impacts on African children's rights and wellbeing now and into the future. Director of Africa Union Liaison Office for Save the Children, Doris Mpoumou said, … [Read more...] about Save the Children launches its Paper to analyze impacts of COVID-19 on Africa’s children
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The African Development Bank has unveiled a strategic roadmap of projects and programmes to assist African countries in tackling the nutrition and food security aspects of the COVID-19 crisis through a raft of immediate and longer-term measures. The Feed Africa Response to COVID-19 (FAREC) paves the way for a comprehensive intervention to build resilience, sustainability and regional self-sufficiency in Africa’s food systems and help farmers cope with coronavirus-related disruptions to the … [Read more...] about New strategic roadmap to safeguard Food and Nutrition security aspects against COVID-19 impacts in Africa
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The African Development Bank has announced the 100 finalists from the #AfricaVsVirus Challenge ideathon to find solutions to challenges raised by the COVID-19 pandemic in Africa. Some 25,000 participants from across Africa and beyond, joined the online platform to pitch their ideas for innovative solutions to the health and economic challenges caused by the virus. Participants in the 72-hour ideathon curated 750 solutions, from which an expert panel selected the Top 100 Solutions. The … [Read more...] about AfDB announces 100 finalists from the #AfricaVsVirus Challenge ideathon
Africa Centres for Disease Control and Prevention (CDC) and Mastercard Foundation are partnering to respond to COVID-19. Through its COVID-19 Recovery and Resilience Program, Mastercard Foundation is committing US$40 million to Africa CDC’s Partnership to Accelerate COVID-19 Testing (PACT). These funds will be used to purchase one million test kits, and to train and deploy 10,000 community healthcare workers and 80 surveillance rapid responders to support contact tracing as well as strengthen … [Read more...] about Africa CDC and Mastercard raise hands to deliver essential Items for COVID-19 Response
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Amazon has announced a $10 million commitment in support of efforts to advance racial justice and equity for African Americans. The funding will support organizations focused on fighting systemic racism through the legal system as well as those dedicated to expanding educational and economic opportunities for African-American communities. BEN President, Angelina Howard said, "Amazon's leadership and BEN have worked hand-in-hand to identify organizations in the black community that make a … [Read more...] about Amazon commits $10 million to advance Racial Justice and Equity for African-American Communities