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Liberia has signed a $57 million financing agreement with the World Bank to strengthen its power sector under the Regional Emergency Solar Power Intervention (RESPITE) project. The funding aims to expand electricity access, improve energy reliability, and support the country’s broader transition toward cleaner and more sustainable energy sources. A major share of the investment… [Read More]

The Global Environment Facility (GEF) has approved $72.8 million in funding for eight environmental and climate-focused projects across seven African countries, as part of a broader $232.5 million financing package endorsed during its 71st Council meeting in Samarkand, Uzbekistan. The investment targets climate adaptation, sustainable agriculture, ecosystem restoration, biodiversity conservation, and flood protection, reflecting growing… [Read More]

Nigeria has invested approximately $697 million in agricultural insurance and farm financing programs over the past three years as part of its broader strategy to strengthen food security, increase agricultural productivity, and support economic growth. The initiative reflects the government’s commitment to revitalizing a sector that remains essential to employment, income generation, and national food… [Read More]

Africa Finance Corporation (AFC) has successfully closed a record-breaking $2 billion syndicated loan facility, marking the largest financing transaction in the institution’s history. Originally targeted at $1.6 billion, the facility was increased by $400 million due to strong demand from international lenders. The transaction highlights growing investor confidence in AFC’s role as a leading infrastructure… [Read More]

African governments, development finance institutions, and multilateral lenders are increasingly diversifying their sources of funding by accessing capital markets in Asia, the Middle East, and Australia. This shift reflects a broader effort to reduce dependence on traditional Western debt markets while gaining access to new pools of capital, more competitive financing terms, and a wider… [Read More]

Sika Financial Group has secured a $2 million seed investment from Aruwa Capital Management through its $40 million Aruwa Capital Fund II. The funding will support the company’s efforts to expand its cross-border payments infrastructure and strengthen financial connectivity across emerging markets. Founded in 2023 by Emmanuel Ashirifi, Sika Financial Group develops financial infrastructure solutions… [Read More]

Nigerian entrepreneur Tobechukwu Arize is the co-founder and chief executive officer of PowerLabs, a technology company established in 2023 to help organizations better understand, monitor, and optimize their energy consumption. Based in San Francisco, the company focuses on providing businesses with real-time visibility into energy usage, enabling them to improve efficiency, reduce costs, and strengthen… [Read More]

Spiro, one of Africa’s leading electric mobility companies, has secured a $215 million equity investment to accelerate the expansion of its electric vehicle ecosystem and battery-swapping infrastructure across the continent. The funding represents one of the largest recent investments in Africa’s electric mobility sector and highlights growing investor confidence in sustainable transportation solutions and clean… [Read More]

The Bank of Central African States (BEAC) has temporarily suspended new refinancing operations under its Special Refinancing Facility, a key mechanism designed to support productive investment projects across the six-member Central African Economic and Monetary Community (Cemac). The decision follows discussions held during a meeting of the Monetary Policy Committee in Yaoundé and forms part… [Read More]

ARM-Harith Infrastructure Investments has successfully completed the first close of its Climate Transition Fund, securing $76 million toward its overall target of $200 million. The fund is designed to finance climate-resilient infrastructure and energy transition projects across sub-Saharan Africa, helping countries strengthen sustainability while addressing growing climate-related challenges. The initiative reflects increasing efforts to mobilize… [Read More]

The United Nations Development Programme (UNDP) Rome Centre for Climate Action and Energy Transition and Deloitte have signed a collaboration agreement aimed at increasing private-sector investment in climate and clean energy initiatives across emerging markets and developing countries. The agreement was announced during Venice Climate Week in the presence of representatives from the Italian government,… [Read More]

The 2026 review of development economics journals provides a comprehensive overview of publication trends, journal performance, submission patterns, acceptance rates, review timelines, and emerging challenges facing academic publishing. The report compiles data from leading development-focused journals and offers valuable insights into how the field is evolving in response to increasing research activity and global participation…. [Read More]

Thailand’s coastal and marine resources play a crucial role in the country’s economy, supporting tourism, fisheries, trade, transportation, and industrial development. The nation’s blue economy, which spans 23 coastal provinces, contributes approximately 30 percent of national gross domestic product and supports around one-quarter of total employment. With extensive coastlines and rich marine ecosystems, Thailand’s oceans… [Read More]

Plastic pollution has become one of the most serious environmental challenges facing the world’s oceans. Despite growing awareness of its harmful impacts and increasing demand for sustainable alternatives, fossil fuel-based plastics continue to dominate global markets. Millions of tonnes of plastic waste enter marine ecosystems each year, threatening biodiversity, damaging habitats, and affecting thousands of… [Read More]

The United Nations High Commissioner for Human Rights, Volker Türk, has expressed serious concern over the worsening humanitarian situation in Cuba, urging the immediate removal of sanctions that he says are causing widespread hardship among the population. According to the UN human rights office, the combination of fuel restrictions and expanded sanctions has intensified economic… [Read More]

The United Nations climate chief, Simon Stiell, has called on countries to intensify efforts to implement their existing climate commitments, warning that continued dependence on fossil fuels is increasing economic instability and exposing communities to more severe climate impacts. Speaking at the opening of the UN June Climate Meetings in Bonn, he emphasized that addressing… [Read More]

The United Nations Security Council convened on 8 June 2026 to discuss the rapidly deteriorating security and humanitarian situation in Ukraine. The meeting took place amid a significant escalation in hostilities that has intensified concerns about civilian safety, regional stability, and the long-term humanitarian consequences of the conflict. UN officials warned that recent developments indicate… [Read More]

The Democratic Republic of the Congo (DRC) is facing a rapidly expanding Ebola outbreak centered in the eastern province of Ituri, prompting intensified efforts from national authorities, the United Nations, and international health organizations. The outbreak has become a major public health concern as confirmed cases continue to rise across several provinces, placing additional pressure… [Read More]

The European Bank for Reconstruction and Development (EBRD) has invested €50 million in a €400 million senior preferred bond issued by Erste & Steiermärkische Bank (EBC), one of Croatia’s leading financial institutions. The investment reflects the EBRD’s continued commitment to strengthening Croatia’s financial sector while promoting sustainable economic development and environmental sustainability. Through this transaction,… [Read More]

The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU), has launched a new €100 million portfolio risk-sharing facility to improve access to finance for micro, small, and medium-sized enterprises (MSMEs) in Serbia. Implemented through ProCredit Bank Serbia, the initiative aims to strengthen business growth, encourage investment, and support economic… [Read More]

The European Bank for Reconstruction and Development (EBRD) has approved a €175 million loan to support renewable energy development by the Public Power Corporation (PPC) across Bulgaria, Greece, and Romania. The financing will help expand wind and solar energy infrastructure in south-eastern Europe, contributing to the region’s transition toward cleaner and more sustainable energy systems…. [Read More]

Between 2021 and 2024, Cabo Verde demonstrated how sustainable finance can drive meaningful social, economic, and environmental transformation. Through BluX, the sustainable finance platform of the Cabo Verde Stock Exchange, the country launched seven sustainable bond issuances, mobilizing more than €40 million for projects that directly improved communities across the island nation. These investments supported… [Read More]