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In 2025, African tech startups raised a record $1.64 billion through debt financing, marking a 63% increase from $1.01 billion in 2024. The number of debt deals also rose sharply to 108, up 40% from the previous year. Debt now constitutes 41% of total capital deployed in African tech, up from 17% in 2019, highlighting… [Read More]

After two years of decline, African tech funding bounced back in 2025, reaching $4.1 billion—a 25% increase from $3.25 billion in 2024, according to Partech Africa’s annual VC report. However, the growth is driven primarily by debt financing rather than a broad surge in equity. Debt financing reached a record $1.64 billion, accounting for 41%… [Read More]

The International Monetary Fund has approved approximately $91 million in funding for Niger, providing support for climate resilience, sustainable development, and economic stabilization. The approval follows the latest review of Niger’s programmes and underscores international confidence in the country’s economic prospects, with growth expected to remain robust at 6.7 percent in 2026. This financial support… [Read More]

Burkina Faso has received a $33.2 million disbursement from the International Monetary Fund following the fourth review of its Extended Credit Facility programme, signaling continued confidence in the country’s economic resilience despite ongoing security and humanitarian challenges. The IMF also approved a new $124.3 million Resilience and Sustainability Facility, set to run through September 2027,… [Read More]

In the Central African Republic, prolonged conflict and climate-related shocks have disrupted livelihoods, particularly in the prefectures of Haut-Mbomou and Mbomou. Communities in Obo, Zémio, and Rafaï face erratic rainfall, flooding, and displacement, which have severely impacted farming cycles and food security. Women and youth are among the most affected, facing limited access to resources,… [Read More]

The African Development Bank (AfDB) and the Asian Infrastructure Investment Bank (AIIB) have announced a $300 million initiative to expand clean energy access across Rwanda. The program is designed to deliver 200,000 new electricity grid connections and 50,000 home solar systems for low-income households. It will also provide 100,000 clean cooking solutions and install around… [Read More]

The UK government has allocated £36.7 million to accelerate the net zero transition through the Strategic Innovation Fund (SIF), supporting 25 projects aimed at modernising energy networks, reducing costs, and delivering long-term benefits for consumers. The funding, administered by Ofgem in partnership with Innovate UK, includes £31.6 million for five advanced “beta” demonstrator projects, £3.3… [Read More]

The Mar Menor, Europe’s largest saline coastal Mediterranean lagoon in Spain’s Region of Murcia, is a natural treasure renowned for its biodiversity and cultural significance. Over the years, it faced near-collapse due to industrial and agricultural pollution, landscape changes, wastewater discharge, and invasive species. Excess nitrogen from agricultural runoff caused algal blooms, oxygen depletion, fish… [Read More]

Selected Ghanaian small and medium-sized enterprises (SMEs), especially those led by youth and women, received targeted training to strengthen their capacity to participate in intra-African trade under the African Continental Free Trade Area (AfCFTA). The three-day programme was organised by the United Nations Development Programme (UNDP) in Ghana, the Embassy of Japan, and Ghana’s AfCFTA… [Read More]

Governor Kathy Hochul announced an additional $150 million in financial assistance for municipalities outside New York City to alleviate immediate fiscal pressures. This includes a $100 million increase in Temporary Municipal Assistance, tripling the amount of aid available to cities, towns, and villages. The funding is distributed proportionally according to existing Aid and Incentives for… [Read More]

Governor Kathy Hochul announced the launch of the Housing Central New York Fund, a $150 million public-private financing initiative designed to accelerate housing production and maintain affordability in Central New York. The fund aims to support the development of at least 2,500 new workforce housing units during its initial seven-year term, preparing the region for… [Read More]

Governor Kathy Hochul announced the completion of Confluence Court, a $45 million affordable and supportive housing development in downtown Binghamton. The project transformed a long-vacant historic manufacturing warehouse at 200 Court Street into 111 all-electric apartments, including 60 units with on-site services for veterans experiencing homelessness and other residents in need of support to live… [Read More]

Governor Kathy Hochul has announced program guidelines for a $200 million strategic investment initiative aimed at revitalizing downtown Albany, part of her broader Championing Albany’s Potential (CAP) Initiative. The funding, outlined in the recently released Downtown Albany Strategy, will support catalytic redevelopment projects, expand housing opportunities, and strengthen community assets, transforming the city’s core into… [Read More]

The Minns Labor Government has officially opened the new TAFE NSW Bankstown City campus, marking a major milestone in the state’s record investment in vocational education. The campus replaces the former TAFE NSW Bankstown site, which is now the location for a new $2 billion Bankstown Hospital—the largest public hospital capital works project in NSW… [Read More]

The Minns Labor Government has announced a $52 million investment to support renewable manufacturing projects in New South Wales, creating over 100 construction jobs and 67 ongoing positions. This funding forms part of the broader $480 million Net Zero Manufacturing Initiative, which aims to accelerate emissions reductions and develop technologies critical to the state’s renewable… [Read More]

Digital innovation is transforming public debt management in Africa, helping governments improve transparency, strengthen institutions, and support long-term development planning. Reliable and accessible debt data enables policymakers to assess risks, make informed financial decisions, build investor trust, and protect public resources. For 45 years, UN Trade and Development (UNCTAD) has assisted countries in strengthening debt… [Read More]

Following a severe escalation of conflict in Sudan, the European Union, joined by 32 countries, issued a joint statement reiterating full support for the Sudanese population and reaffirming the importance of respecting international humanitarian law. The statement highlights grave concern over continued attacks on civilians, civilian infrastructure, and humanitarian operations, particularly in the Kordofan and… [Read More]

The OSCE Office for Democratic Institutions and Human Rights (ODIHR) has published its final report on Moldova’s parliamentary elections held on 25 September 2025. While the elections offered voters clear choices among competing political alternatives, the process was marred by foreign interference, illicit financing, cyber-attacks, and widespread disinformation. Despite these challenges, the election administration conducted… [Read More]

During Mumbai Climate Week, the WHO–World Meteorological Organization Climate and Health Joint Programme, in partnership with The Rockefeller Foundation and Wellcome, announced two new initiatives to protect South Asians from extreme heat. The initiatives aim to strengthen regional capacity to detect, prepare for, and respond to heat-related health risks, which pose growing threats to human… [Read More]

UNESCO has released the latest edition of its flagship report, Re|Shaping Policies for Creativity, which analyzes the evolving global cultural landscape shaped by digital transformation, artificial intelligence, and shifting trade dynamics. Drawing on data from over 120 countries, the report warns that creators face projected revenue losses of up to 24% by 2028 due to… [Read More]

The African Union Commission (AUC) and the African Renaissance Trust (ART) have formalized a renewed Memorandum of Understanding under the African Union Partnership Platform, marking a significant step toward advancing inclusive development across Africa. This renewed framework strengthens cooperation between the two institutions to accelerate the implementation of the AU’s Agenda 2063. Building on a… [Read More]

Innovation is playing a central role in shaping a healthier UK food system as businesses respond to evolving consumer needs and nutritional challenges. At a recent webinar hosted by Innovate UK Business Connect, industry experts highlighted the importance of reformulation, technical collaboration and adapting to new health trends. The discussion emphasized that innovation is required… [Read More]

The Inter-American Development Bank (IDB) has approved a $99.2 million loan to strengthen early-childhood education in Joinville, a major municipality in Santa Catarina, Brazil. The funding forms part of a broader initiative to modernize social spending across the country and enhance institutional capacity to better serve citizens through improved planning and management of public resources…. [Read More]