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Ireland has reached a major milestone in youth justice services with the official opening of the Providing Opportunities in North Tipperary (POINT) Youth Diversion Project in Thurles. The launch marks the achievement of nationwide access to Youth Diversion Projects for children and young people across the country. The new centre brings the total number of… [Read More]

Suriname is approaching a pivotal stage in its development as major offshore oil and gas discoveries are expected to generate significant revenues beginning in 2028. These resources could fundamentally transform the country’s economy, creating opportunities to accelerate growth, reduce poverty, and improve living standards. However, the long-term success of this transformation will depend on how… [Read More]

The African Development Bank Group has approved financing of €155.99 million to support the modernization of Uganda’s Arua Airport under the first phase of the Uganda Airports Development Programme. The project aims to transform the airport into an international-standard aviation facility, strengthening regional connectivity and creating new opportunities for trade, tourism, and economic development. Located… [Read More]

Ireland has announced a new €400,000 funding initiative aimed at helping children, young people, and families access stronger community support services. The 2026 What Works in Communities Fund will invest in prevention and early intervention programmes designed to improve outcomes for families across the country. The fund, launched by the Minister for Children, Disability and… [Read More]

The African Development Bank Group and the Government of Mauritania have successfully concluded a three-day technical workshop in Nouakchott aimed at strengthening procurement capacity and accelerating the implementation of development projects financed by the Bank. The initiative forms part of the 2025–2026 Portfolio Performance Improvement Plan, which seeks to improve project execution, enhance compliance, and… [Read More]

The European Bank for Reconstruction and Development (EBRD) is helping Ukraine protect essential energy services by supporting the restoration and replacement of damaged infrastructure. The initiative aims to strengthen energy resilience and ensure communities can maintain access to heat and power during challenging conditions. With continued pressure on Ukraine’s energy systems, keeping electricity and heating… [Read More]

The African Development Bank Group (AfDB) has approved a $100 million financing package to support the activities of the ECOWAS Bank for Investment and Development (BIDC), strengthening its role in financing economic development and renewable energy projects across West Africa. Approved by the Bank’s Board of Directors in Abidjan on June 17, 2026, the initiative… [Read More]

The World Bank Group has introduced a new framework designed to increase access to trade finance in developing countries by combining the capabilities of the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA). The initiative expands the scope of IFC’s Global Trade Liquidity Program (GTLP) by incorporating MIGA guarantees for eligible state-owned… [Read More]

The European Bank for Reconstruction and Development (EBRD) has strengthened its partnership with Bulgaria with the launch of a new technology hub in Sofia. The initiative aims to expand the bank’s operations, support digital innovation, and bring its services closer to clients and partners across the region. The new Tech Sofia centre was opened as… [Read More]

The International Finance Corporation (IFC) has announced a partnership with Sify Infinit Spaces Limited (SISL), a subsidiary of Sify Technologies Limited, to support the expansion of AI-ready and energy-efficient data center infrastructure in India. The sustainability-linked investment will help finance the development of two next-generation data centers in Navi Mumbai and Chennai with a combined… [Read More]

Tunisia is moving forward with its renewable energy ambitions through a new international financing partnership supporting the construction of a 100 MW solar photovoltaic (PV) power plant in the Sidi Bouzid region. The European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the European Union (EU) are backing the project with… [Read More]

The European Bank for Reconstruction and Development (EBRD) is expanding its support for Uzbekistan’s housing sector with a new $50 million financing package for the Mortgage Refinancing Company of Uzbekistan (UzMRC). The funding will help strengthen the country’s residential mortgage market by providing medium-term local currency financing and supporting the development of a more sustainable… [Read More]

The European Bank for Reconstruction and Development (EBRD) has announced a new $50 million financing package for O’zsanoatqurilishbank (SQB), Uzbekistan’s third-largest state-owned bank, to support youth-led businesses and small enterprises across the country. The financing will be delivered through the EBRD’s Youth in Business programme for Central Asia, which focuses on expanding access to funding… [Read More]

The African Development Bank Group (AfDB) will showcase new business and investment opportunities for Tunisian companies during the 22nd Tunisia Investment Forum, scheduled to take place in Tunis on June 25 and 26, 2026. The event will bring together government officials, investors, financial institutions, private sector representatives, and development partners to discuss ways of expanding… [Read More]

A new report released by the World Bank Group, AXA Climate, and Scientific Climate Ratings highlights the significant economic and social benefits of investing in resilient infrastructure. Titled “Low Cost, High Yield: The Adaptation and Resilience Investment Opportunity for Infrastructure,” the report demonstrates that relatively small investments in climate adaptation can generate substantial financial returns… [Read More]

Nigeria is set to accelerate its green and digital transformation efforts following a new €200 million financing partnership between the European Investment Bank (EIB) and the Development Bank of Nigeria (DBN). The investment aims to expand access to finance for small and medium-sized enterprises while supporting sustainable economic growth. The funding initiative will help Nigerian… [Read More]

The World Bank Group has approved a $1.6 billion financing package for the Regional Energy Transmission, Trade and Decarbonization Program for Eastern Africa (RETRADE-EA), a ten-year initiative designed to improve regional power integration, expand electricity access, and strengthen economic development across Eastern Africa. The program seeks to deliver more affordable, reliable, and cleaner energy by… [Read More]

The World Bank Group has approved a $1.6 billion financing package for the Regional Energy Transmission, Trade & Decarbonization Program for Eastern Africa (RETRADE-EA), a ten-year initiative aimed at strengthening regional power integration, expanding access to electricity, and promoting economic growth across Eastern Africa. The program seeks to improve the affordability, reliability, and sustainability of… [Read More]

The European Investment Bank (EIB) has strengthened its presence in Central Asia with the opening of a new Regional Representation in Tashkent, Uzbekistan. The move aims to increase cooperation, accelerate investment projects, and support sustainable development across the region. The new office will bring EIB teams closer to local partners and major infrastructure projects, helping… [Read More]

The World Bank Group has approved an additional grant of US$45 million to support the Horn of Africa Initiative: Djibouti Regional Economic Corridor Project. The financing is designed to strengthen regional connectivity, improve logistics efficiency, and enhance road safety along the strategic Djibouti–Addis Southern Corridor, a key trade route serving the Horn of Africa. This… [Read More]

As governments worldwide accelerate digital transformation efforts, the Inter-American Development Bank (IDB) is emphasizing the importance of strong governance frameworks to ensure the success of digital public infrastructure (DPI) and digital public goods. In a new analysis, the IDB explains that digital public infrastructure goes beyond technology. It involves creating shared digital systems such as… [Read More]

The Caribbean has made remarkable progress in expanding access to electricity, with many countries achieving near-universal coverage. However, a new report from the Inter-American Development Bank (IDB) warns that the region’s next major challenge is ensuring electricity is affordable, reliable, and secure for households and businesses. According to the latest Caribbean Economics Quarterly report, high… [Read More]

As the 2026 FIFA World Cup captures global attention, the Inter-American Development Bank (IDB) has unveiled its Education and Skills Development Thematic Framework 2025–2030, a strategic roadmap aimed at strengthening education systems and closing critical skills gaps across Latin America and the Caribbean. The new framework highlights the growing importance of skills development in driving… [Read More]