CABEI presents Program for Reduction of Poverty and Economic and Social Exclusion

The Central American Bank for Economic Integration (CABEI) presented the Program for the Reduction of Poverty and Economic and Social Exclusion (PRPEES) at the "Technical Workshop on Progress in Public Policies for the Reduction of Multidimensional Poverty in Latin America and the Caribbean." Before experts from international organizations and academia linked to the study of public policies and international cooperation, CABEI Strategic Alliances Analyst, Carlos Gallegos, explained that the … [Read more...]

Canada invests $2 Billion to advance Women’s Economic Empowerment

The Government of Canada is investing $2-billion to advance women’s economic empowerment with the first ever Women Entrepreneurship Strategy that seeks to double the number of women-owned businesses by 2025. This week, the Honourable Mary Ng, Canada’s Minister of Small Business and Export Promotion, participated in the Women Deliver 2019 Conference in Vancouver and met with women entrepreneurs in Vancouver and Richmond to share how the Government of Canada is supporting them in starting up, … [Read more...]

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USAID provides Funding to Women’s World Banking Asset Management to empower Women

The U.S. Agency for International Development (USAID) has announced $500,000 in funding and $100,000 in technical assistance to the Women's World Banking Asset Management (WAM) blended-finance fund. Joining USAID, the Overseas Private Investment Corporation (OPIC) announced its intent to provide $25 million in financing to the fund. The financing will help mobilize commercial investment to benefit low-income women in Africa, the Middle East, and the Indo-Pacific. The WAM fund is a … [Read more...]

NGOs from Croatia presented Projects for Social and Economic Development

Projects by 53 NGOs from Croatia for which HRK 43.8 million is intended from two Swiss donations were presented as part of the Swiss-Croatian cooperation programme. The projects that were chosen for co-financing should bolster sustainable development, economic and social cohesion, and Croatian-Swiss partnership for local social and economic growth and development. As part of the projects, said Helena Beus, head of the Government Office for Cooperation with NGOs, 185 education programmes … [Read more...]

$30 Million Investment for New Initiative to deliver Game-Changing Clean Energy Innovations in Canada

Canada’s Minister of Natural Resources, the Honourable Amarjeet Sohi, announced an investment of up to $30 million for a new initiative called Breakthrough Energy Solutions Canada (BESC) that will foster cutting-edge companies to deliver game-changing clean energy innovations to the market. Canada is helping to build the low-carbon economy. That is why we are investing in the development of new and innovative technologies that will help us fight climate change, boost the economy and create … [Read more...]

New Country Partnership Framework for Papua New Guinea’s Economic Growth

World Bank Group’s new 2019-2023 Country Partnership Framework (CPF) for Papua New Guine will help to manage risks to Papua New Guinea’s economic growth and ensuring more services for people currently missing out. The new five-year strategy is aligned with Papua New Guinea’s Third Medium-Term Development Plan and vision for the country’s future development. The strategy lays out three main focus areas for work by the World Bank Group’s member organizations, including the World Bank, the … [Read more...]

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Tajikistan aims to achieve Sustained Economic Growth for its Citizens

Tajikistan, through enhanced private-sector development and greater investment in human capital and public services is aiming to achieve sustained economic growth, boost exports, and create more and better jobs for its citizens. The World Bank Group will support Tajikistan in achieving these goals through its new Country Partnership Framework for the period 2019–23, endorsed by the Group’s Board of Executive Directors. The Country Partnership Framework supports Tajikistan’s efforts to … [Read more...]

European Commission funds 13 Projects to bring Innovations faster to the Market

The European Commission will support 13 projects with a total of €33.12 million to bring innovations faster to the market. The funding comes from the pilot phase of the European Innovation Council (EIC), which targets fast-moving and high-risk innovation with strong potential to create new markets. The 13 projects, involving 54 partners in 17 countries, will receive around €2 million each with this round of the Fast Track to Innovation (FTI) under the EIC. The range of projects include … [Read more...]

World Bank Group Opens New Office in Suva, Fiji

The World Bank Group has opened its new office in Suva, Fiji, which will serve as a regional hub for the development institution’s work across the region. The new regional hub will be integral to the World Bank Group’s delivery of more than one billion Fiji dollars’ worth of projects across six countries (Fiji, Nauru, Kiribati, Samoa, Tonga and Tuvalu) in a wide range of sectors including transport, aviation, information and communications technology, education, disaster resilience, … [Read more...]

Tony Elumelu emphasizes on PPP for Economic Development of Africa

During the Africa Now conference, Founder of the Tony Elumelu Foundation (TEF) Tony Elumelu has emphasized the need for public-private sector partnership (PPP) to drive sustainable development and to prioritize the future of the African continent. Elumelu said, "The leaders we need in Africa today, are leaders who genuinely care about humanity. We need leaders who are driven by an ambition to leave society better than they met it. We need leaders who understand and care about creating a … [Read more...]