The European Bank for Reconstruction and Development (EBRD) and the Japan International Cooperation Agency (JICA) have launched a new financing facility of up to US$ 1 billion aimed at expanding local currency lending across the EBRD’s regions. The initiative was officially announced during the EBRD 2026 Annual Meeting and Business Forum in Riga. The new… [Read More]
cat
EBRD Provides €10 Million Loan to Modernise Pharmaceutical Logistics in Georgia
The European Bank for Reconstruction and Development (EBRD) has approved a €10 million loan for Aversi Pharma, one of Georgia’s leading pharmaceutical and healthcare companies, to modernise and automate its central warehouse in Tbilisi. The investment is aimed at strengthening the country’s pharmaceutical supply chain while improving energy efficiency and operational competitiveness. The project will… [Read More]
Women Peacebuilders Connect Across Bougainville and the Highlands
Port Moresby — June 8, 2026 — More than 30 women leaders from Papua New Guinea’s Highlands region and the Autonomous Region of Bougainville gathered in Port Moresby for a three-day workshop titled Women Leading Peace Training, Reflection and Peer Exchange. The event, held from June 3–5, was organized under the ‘Empower Her – Papua New Guinea… [Read More]
EBRD Governors Reaffirm Strong Focus on Ukraine and Middle East Support
The Board of Governors of the European Bank for Reconstruction and Development (EBRD) has endorsed a renewed strategic focus on supporting Ukraine during the ongoing war and reconstruction phase, while also maintaining assistance for economies affected by the conflict in the Middle East. The resolution was adopted during the EBRD’s 2026 Annual Meeting and Business… [Read More]
EBRD and Kazakhstan Extend Five-Year Cooperation to Strengthen Investment and Economic Reform
The European Bank for Reconstruction and Development (EBRD) and the government of Kazakhstan have signed a new five-year Enhanced Partnership Framework Arrangement (EPFA) aimed at deepening cooperation and accelerating economic reforms through 2030. The agreement was formalized during the EBRD’s 2026 Annual Meeting and Business Forum in Riga. The renewed partnership builds on an earlier… [Read More]
EBRD Showcases Sustainable Cosmetics Innovation During Donor Visit in Latvia
The European Bank for Reconstruction and Development (EBRD) has highlighted the impact of its development work in Latvia through a donor visit to Selfnamed, an innovative sustainable cosmetics platform supported through EU and EBRD-backed initiatives. The visit took place during the EBRD 2026 Annual Meeting and Business Forum and aimed to demonstrate how financial and… [Read More]
Egypt Launches Red Sea Initiative to Protect Coral Reefs and Boost Blue Economy
Hurghada — June 7, 2026 — Egypt has unveiled the Egyptian Red Sea Initiative (ERSI), a landmark program designed to advance coral reef conservation and promote a sustainable blue economy. The initiative was launched during an inception workshop in Hurghada, coinciding with World Environment Day, and brings together government leaders, UNDP, the Global Fund for Coral Reefs… [Read More]
EBRD and Baltic States Strengthen Partnership to Advance Unified Pan-Baltic Capital Market
The European Bank for Reconstruction and Development (EBRD) has deepened its partnership with Estonia, Latvia, and Lithuania to accelerate the development of a unified pan-Baltic capital market. The renewed cooperation aims to strengthen regional financial integration, attract greater international investment, and support long-term economic growth across the Baltic region. The partnership was formalized through a… [Read More]
Women Leading Climate Resilience on India’s Coasts
New Delhi — June 5, 2026 — Across India’s 7,500 km coastline, women are emerging as powerful leaders in the fight against climate change. From restoring mangroves in Maharashtra to transforming paddy farming in Odisha and pioneering seaweed cultivation in Andhra Pradesh, their stories highlight how local innovation is driving resilience in vulnerable coastal communities. Through the… [Read More]
EBRD, EU and ArmSwissBank Launch $20 Million Financing Initiative for Refugees and Young Entrepreneurs in Armenia
The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU) and ArmSwissBank, has unveiled a $20 million financing package aimed at expanding access to credit for refugees and young entrepreneurs in Armenia. The initiative seeks to support inclusive economic growth by helping underserved businesses secure the funding needed to expand… [Read More]
FAO Strengthens Tajikistan’s Pandemic Preparedness with Advanced Laboratory Equipment
The Food and Agriculture Organization of the United Nations (FAO) has delivered laboratory equipment and ELISA diagnostic kits to Tajikistan as part of efforts to strengthen the country’s pandemic preparedness, disease surveillance, and food safety monitoring systems. The support was provided to the Committee for Food Security under the Government of Tajikistan through a regional… [Read More]
NIHR Awards £37M to Charities Supporting Early Career Researchers
London — June 8, 2026 — The National Institute for Health and Care Research (NIHR) has announced £37 million in funding for medical research charities to strengthen support for early career researchers across England. The initiative, delivered in partnership with the Association of Medical Research Charities (AMRC), aims to ignite research careers, build capacity, and sustain the… [Read More]
Georgian Farmers Adopt Smarter Farming Practices to Improve Food Safety and Sustainability
Farmers in western Georgia are embracing modern agricultural practices to improve food safety, reduce pesticide use, and build resilience against increasingly unpredictable weather conditions. Supported by the Food and Agriculture Organization of the United Nations (FAO), the European Union, and Sweden through the ENPARD IV program, local growers are gaining hands-on training in sustainable farming… [Read More]
WHO and Africa CDC Launch $518 Million Ebola Response Plan to Strengthen Outbreak Preparedness
The World Health Organization (WHO) and the Africa Centres for Disease Control and Prevention (Africa CDC) have launched a joint continental Ebola preparedness and response plan aimed at containing the ongoing outbreak in Central Africa and strengthening health systems across the region. The initiative is backed by a proposed budget of $518 million and is… [Read More]
PAHO Urges Stronger Preparedness Ahead of 2026 Atlantic Hurricane Season
The Pan American Health Organization (PAHO) is calling on countries across the Americas to strengthen emergency preparedness measures despite forecasts predicting a below-normal 2026 Atlantic hurricane season. Health officials emphasize that even a single major storm can cause widespread disruption to healthcare services and create serious public health challenges. As the hurricane season begins, PAHO… [Read More]
Somalia Launches $11.8 Million Climate Resilience Initiative to Support Drought-Affected Communities
The Federal Government of Somalia, the African Development Bank Group, the World Food Programme (WFP), and the United Nations Office for Project Services (UNOPS) have launched an $11.8 million initiative aimed at strengthening climate resilience and improving livelihoods for drought-affected communities across the country. The three-year program, known as Activating Climate-Resilient Agricultural Livelihoods in Somalia… [Read More]
African Development Bank Approves $20 Million Trade Finance Facility for Madagascar Businesses
The African Development Bank Group has approved a $20 million trade finance guarantee facility for Banque Malgache de l’Océan Indien (BMOI) to support local businesses and accelerate industrial development in Madagascar. The three-year facility, approved on 29 May 2026, is expected to strengthen access to trade finance for companies operating across key sectors of the… [Read More]
AfDB and GEF Reaffirm Partnership for Africa’s Sustainable Future on World Environment Day 2026
On World Environment Day 2026, the African Development Bank (AfDB) and the Global Environment Facility (GEF) reaffirmed their long-standing partnership to advance climate resilience, environmental sustainability, and inclusive development across Africa. The occasion coincided with the 8th GEF Assembly in Samarkand, Uzbekistan, highlighting the growing importance of global cooperation in addressing environmental challenges. Since becoming… [Read More]
Mozambique Certifies First Drone Workforce to Strengthen Disaster Response Capabilities
Mozambique has officially certified its first cohort of 30 drone operators as part of a national effort to modernize disaster response and improve resilience against floods, cyclones, and other emergencies. The initiative is backed by the African Development Bank and supported through the Korea-Africa Economic Cooperation Trust Fund, reflecting growing international cooperation in climate and… [Read More]
West Africa Secures $1.54B Rice Investment Deal in Accra
Accra — June 5, 2026 — West Africa has sealed a landmark $1.54 billion investment deal to boost rice production, aiming for self-sufficiency by 2035. The commitments were announced at the West Africa Rice Investment Roundtable, held in Accra from June 2–3, 2026, and organized by the ECOWAS Commission, the Government of Ghana, and the World Bank…. [Read More]
IFC, Siemens and Fullerton Lead $105M Investment in Hygenco to Scale Green Hydrogen in India
New Delhi — June 5, 2026 — The International Finance Corporation (IFC), Siemens Financial Services, and the Fullerton Carbon Action Fund have co-led a US$105 million equity investment in Hygenco Green Energies Private Limited, India’s leading green hydrogen solutions platform. The move marks a major milestone in scaling green hydrogen production and supporting India’s National Green Hydrogen… [Read More]
Action Against Hunger Hosts “Nourishing Hope” Film Evening in New York
New York — June 5, 2026 — Action Against Hunger will host Nourishing Hope: An Evening of Film, Conversation & Community on June 11, 2026, at the Angelika Film Center in New York City. The event will feature screenings of two acclaimed short documentaries highlighting children, families, and the global fight against hunger. The program includes The… [Read More]
AfDB Launches $87M BOOST Project to Strengthen Agriculture in Sudan
Nairobi/Port Sudan — June 8, 2026 — The African Development Bank Group (AfDB) and the United Nations World Food Programme (WFP) have signed the USD 87 million Boosting Agrifood Systems Resilience in Sudan (BOOST) Project, a four-year initiative designed to strengthen food systems and provide critical support to farmers in regions central to Sudan’s food supply. Launched… [Read More]

























