The French Development Agency and the Network of Central African Forestry and Environmental Training Institutions have signed a €5 million financing agreement, equivalent to about CFA 3.3 billion, to launch the second phase of the ADEFAC programme. The agreement was signed on June 18, 2026, in Yaoundé and will support continuing training in the forestry… [Read More]
AfDB-GHIB Partnership to Expand Trade Finance Access in West Africa
The African Development Bank has signed a confirmation agreement with Ghana International Bank under its Transaction Guarantee facility to support trade finance across Africa. The agreement expands the AfDB’s network of financial partners working to reduce the continent’s annual trade finance gap, which is estimated at between USD 100 billion and USD 120 billion. The… [Read More]
NSIA Bank Côte d’Ivoire Secures $34 Million to Expand SME Lending
NSIA Bank Côte d’Ivoire has signed a €30 million financing agreement with British International Investment, equivalent to about USD 34.2 million, to expand access to credit for small and medium-sized enterprises and women entrepreneurs in Côte d’Ivoire. The agreement was signed on June 17 in the presence of senior officials from NSIA Group, NSIA Bank… [Read More]
EIB Provides €200 Million to Support SME Lending in Nigeria
The European Investment Bank has provided a €200 million financing facility to the Development Bank of Nigeria to improve access to credit for small and medium-sized enterprises and mid-sized companies across the country. The agreement, announced on June 18, is designed to support business growth, competitiveness and job creation in Nigeria. The funding will target… [Read More]
Ethiopia Signs $10.15 Million Deal to Expand Poultry Production Capacity
Ethiopia’s Ministry of Agriculture has signed a USD 10.15 million contract with China’s Agrifam Co., Ltd to build a fully automated poultry hatchery. The project aims to strengthen domestic poultry production capacity and support the country’s growing demand for animal protein. The new hatchery will be designed to incubate poultry eggs, including chickens, turkeys and… [Read More]
New Solar Projects in South Africa to Power Over 450,000 Households
Infinity Power has signed two conditional Engineering, Procurement and Construction agreements for major solar projects in South Africa with a combined capacity of 773.6 MWp. The projects are expected to supply electricity to more than 450,000 households and reduce carbon dioxide emissions by nearly 1.8 million metric tons each year. The first agreement covers the… [Read More]
Kenya Advances $1.2 Billion Expansion of Jomo Kenyatta International Airport
Kenya has advanced the next phase of a USD 1.2 billion expansion project for Jomo Kenyatta International Airport, aimed at nearly tripling the airport’s annual passenger capacity from 7.5 million to 22 million. The project is expected to strengthen Nairobi’s position as one of Africa’s leading aviation hubs. The Ministry of Roads and Transport said… [Read More]
Egypt Rail Upgrade Program Awards €300 Million Share to Alstom
Egyptian National Railways has signed four contracts with a consortium led by Alstom to modernize two strategic railway corridors in Egypt. The agreements have a combined value of approximately €690 million, with Alstom’s share estimated at around €300 million. The modernization programme will cover the railway line connecting 6th of October City to Alexandria and… [Read More]
World Bank Supports Djibouti-Ethiopia Trade Route with New $45 Million Grant
The World Bank has approved an additional USD 45 million grant for Djibouti’s Regional Economic Corridor Project, bringing total financing for the initiative to USD 205 million. The new funding builds on earlier support approved in 2021, 2024 and 2026, strengthening efforts to improve road infrastructure, trade connectivity and climate resilience. The additional financing will… [Read More]
How Local Innovation Can Solve Global Development Challenges
Innovators across the Global South are developing practical solutions to major global challenges, but many remain excluded from the funding, technology and market opportunities needed to bring their ideas to scale. From malaria prevention to renewable energy and e-waste recycling, locally driven innovations are showing strong potential but often struggle to reach the communities that… [Read More]
UN Appeal Targets 8.8 Million People at Risk from Extreme Weather Events
The Food and Agriculture Organization of the United Nations and the World Food Programme have launched their first-ever Joint Anticipatory Action Appeal to protect vulnerable communities from the potential impacts of a strong El Niño weather pattern. The appeal seeks USD 202 million to support nearly 9 million people across 22 high-risk priority countries. The… [Read More]
CFI Invests $10 Million in Community-Led Research Across Canada’s North
The Government of Canada has announced $10 million in investments to support community-led research in Canada’s North through the Canada Foundation for Innovation’s new Northern Fund. The announcement was made on National Indigenous Peoples Day and marks the first awards under the programme. The Northern Fund was developed in consultation with Northern research institutions to… [Read More]
Indian Startup Funding Crosses $240 Million Amid Diverse Sector Growth
Indian startups received a major funding boost between May 11 and May 16, 2026, with 16 companies collectively raising more than USD 240 million. The funding activity reflects renewed investor confidence across several sectors, including fintech, artificial intelligence, traveltech, FMCG, robotics, semiconductors, ride-hailing and non-banking financial companies. Fintech emerged as the strongest performer during the… [Read More]
Lismore Council to Seek Funding for Long-Term Home for Hannah Cabinet
Lismore City Council has resolved to explore external funding opportunities to support a safe, accessible and long-term home for the world-renowned Hannah Cabinet. The decision was made during the Council’s 2026/27 Budget deliberations through a Notice of Motion that added a $0 line item, allowing Council to investigate suitable future locations without allocating additional Council… [Read More]
How the UN Peacebuilding Fund Supports Communities Recovering from Conflict
The UN Peacebuilding Fund has played a quiet but important role in helping countries prevent violence, recover from conflict and build more peaceful futures. While wars often dominate global headlines, efforts to protect peace receive far less attention, even though they are essential for preventing crises before they escalate. Created by UN Member States in… [Read More]
Save the Children Expands School-Based Ebola Prevention Support in DRC
Save the Children has developed a new play-based learning programme in the Democratic Republic of Congo to teach young children about Ebola using puppets, songs, games and musical activities. The initiative aims to help children as young as four understand the virus, counter misinformation and support families during one of the country’s most serious Ebola… [Read More]
UNDP and Japan Help Ukraine Build Stronger Public Diplomacy Capacity
UNDP in Ukraine, with funding from the Government of Japan, has supported the Ministry of Foreign Affairs of Ukraine in developing new Communications and Public Diplomacy Strategies. The documents are designed to strengthen Ukraine’s institutional capacity in strategic communications and public diplomacy during the ongoing full-scale war and a complex international information environment. The strategies… [Read More]
What the Evidence Shows About Reducing Child Poverty Worldwide
Child poverty remains one of the most urgent global development challenges, with almost 850 million children living in multidimensional poverty and 412 million growing up in families surviving on less than $3 a day. The issue goes far beyond household income because child poverty reflects the denial of basic rights, including access to adequate housing,… [Read More]
€3.25m Future Cast Centre to Drive Rural Innovation and Advanced Manufacturing
Future Cast has officially opened a €3.25 million innovation, research and education centre in Manorhamilton, County Leitrim, to support Ireland’s construction, manufacturing and quarrying sectors. The project has transformed the historic former St Clare’s Hall, a derelict church with more than 200 years of history, into a modern 10,000 sq ft facility designed to promote… [Read More]
How Climate-Smart Agriculture Is Transforming Women’s Livelihoods in Bangladesh
In Bangladesh’s coastal southwest, women farmers are using climate-smart agriculture to strengthen food security, increase household income and build resilience against the growing impacts of climate change. In Satkhira district, one of the country’s most climate-vulnerable regions, women are transforming unused and leased land into productive vegetable gardens despite challenges such as salinity, cyclones, tidal… [Read More]
Ireland Achieves Nationwide Coverage of Youth Diversion Projects with New Tipperary Centre
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]
How Suriname Can Transform Oil and Gas Revenues into Long-Term Economic Growth
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]
Uganda Secures €155.99 Million to Transform Arua Airport into Regional Aviation Hub
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]

























