Ireland has announced a new €400,000 funding initiative aimed at helping children, young people, and families access stronger community support services. The 2026 What Works in Communities Fund will invest in prevention and early intervention programmes designed to improve outcomes for families across the country. The fund, launched by the Minister for Children, Disability and… [Read More]
Mauritania Boosts Public Procurement Capacity with African Development Bank Assistance
The African Development Bank Group and the Government of Mauritania have successfully concluded a three-day technical workshop in Nouakchott aimed at strengthening procurement capacity and accelerating the implementation of development projects financed by the Bank. The initiative forms part of the 2025–2026 Portfolio Performance Improvement Plan, which seeks to improve project execution, enhance compliance, and… [Read More]
EBRD Supports Ukraine’s Energy Resilience by Strengthening Critical Infrastructure
The European Bank for Reconstruction and Development (EBRD) is helping Ukraine protect essential energy services by supporting the restoration and replacement of damaged infrastructure. The initiative aims to strengthen energy resilience and ensure communities can maintain access to heat and power during challenging conditions. With continued pressure on Ukraine’s energy systems, keeping electricity and heating… [Read More]
AfDB Invests $100 Million in ECOWAS Bank to Expand Clean Energy Projects Across West Africa
The African Development Bank Group (AfDB) has approved a $100 million financing package to support the activities of the ECOWAS Bank for Investment and Development (BIDC), strengthening its role in financing economic development and renewable energy projects across West Africa. Approved by the Bank’s Board of Directors in Abidjan on June 17, 2026, the initiative… [Read More]
New $500 Million MIGA Guarantee Framework Aims to Close Global Trade Finance Gap
The World Bank Group has introduced a new framework designed to increase access to trade finance in developing countries by combining the capabilities of the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA). The initiative expands the scope of IFC’s Global Trade Liquidity Program (GTLP) by incorporating MIGA guarantees for eligible state-owned… [Read More]
EBRD Launches Sofia Tech Hub to Expand Digital Presence in Bulgaria
The European Bank for Reconstruction and Development (EBRD) has strengthened its partnership with Bulgaria with the launch of a new technology hub in Sofia. The initiative aims to expand the bank’s operations, support digital innovation, and bring its services closer to clients and partners across the region. The new Tech Sofia centre was opened as… [Read More]
IFC Partners with Sify to Build Sustainable AI Data Centers in India
The International Finance Corporation (IFC) has announced a partnership with Sify Infinit Spaces Limited (SISL), a subsidiary of Sify Technologies Limited, to support the expansion of AI-ready and energy-efficient data center infrastructure in India. The sustainability-linked investment will help finance the development of two next-generation data centers in Navi Mumbai and Chennai with a combined… [Read More]
Tunisia Advances Renewable Energy Transition with €61 Million Solar Project Support
Tunisia is moving forward with its renewable energy ambitions through a new international financing partnership supporting the construction of a 100 MW solar photovoltaic (PV) power plant in the Sidi Bouzid region. The European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the European Union (EU) are backing the project with… [Read More]
EBRD Provides $50 Million Financing to Strengthen Uzbekistan’s Mortgage Market
The European Bank for Reconstruction and Development (EBRD) is expanding its support for Uzbekistan’s housing sector with a new $50 million financing package for the Mortgage Refinancing Company of Uzbekistan (UzMRC). The funding will help strengthen the country’s residential mortgage market by providing medium-term local currency financing and supporting the development of a more sustainable… [Read More]
EBRD Provides $50 Million Financing to Support Young Entrepreneurs in Uzbekistan
The European Bank for Reconstruction and Development (EBRD) has announced a new $50 million financing package for O’zsanoatqurilishbank (SQB), Uzbekistan’s third-largest state-owned bank, to support youth-led businesses and small enterprises across the country. The financing will be delivered through the EBRD’s Youth in Business programme for Central Asia, which focuses on expanding access to funding… [Read More]
African Development Bank to Highlight Investment Opportunities at Tunisia Investment Forum
The African Development Bank Group (AfDB) will showcase new business and investment opportunities for Tunisian companies during the 22nd Tunisia Investment Forum, scheduled to take place in Tunis on June 25 and 26, 2026. The event will bring together government officials, investors, financial institutions, private sector representatives, and development partners to discuss ways of expanding… [Read More]
Climate Resilience Investments Deliver Up to $8.60 for Every Dollar Spent, Report Finds
A new report released by the World Bank Group, AXA Climate, and Scientific Climate Ratings highlights the significant economic and social benefits of investing in resilient infrastructure. Titled “Low Cost, High Yield: The Adaptation and Resilience Investment Opportunity for Infrastructure,” the report demonstrates that relatively small investments in climate adaptation can generate substantial financial returns… [Read More]
Nigeria Secures €200 Million EIB Financing to Support Green Growth and Digital Transformation
Nigeria is set to accelerate its green and digital transformation efforts following a new €200 million financing partnership between the European Investment Bank (EIB) and the Development Bank of Nigeria (DBN). The investment aims to expand access to finance for small and medium-sized enterprises while supporting sustainable economic growth. The funding initiative will help Nigerian… [Read More]
World Bank Approves $1.6 Billion RETRADE-EA Program to Strengthen Eastern Africa’s Power Market
The World Bank Group has approved a $1.6 billion financing package for the Regional Energy Transmission, Trade and Decarbonization Program for Eastern Africa (RETRADE-EA), a ten-year initiative designed to improve regional power integration, expand electricity access, and strengthen economic development across Eastern Africa. The program seeks to deliver more affordable, reliable, and cleaner energy by… [Read More]
$1.6 Billion RETRADE-EA Program to Transform Regional Energy Integration in Eastern Africa
The World Bank Group has approved a $1.6 billion financing package for the Regional Energy Transmission, Trade & Decarbonization Program for Eastern Africa (RETRADE-EA), a ten-year initiative aimed at strengthening regional power integration, expanding access to electricity, and promoting economic growth across Eastern Africa. The program seeks to improve the affordability, reliability, and sustainability of… [Read More]
EIB Opens Central Asia Office in Tashkent to Expand Regional Investment
The European Investment Bank (EIB) has strengthened its presence in Central Asia with the opening of a new Regional Representation in Tashkent, Uzbekistan. The move aims to increase cooperation, accelerate investment projects, and support sustainable development across the region. The new office will bring EIB teams closer to local partners and major infrastructure projects, helping… [Read More]
Djibouti Receives $45 Million Additional Financing for Regional Trade Corridor Development
The World Bank Group has approved an additional grant of US$45 million to support the Horn of Africa Initiative: Djibouti Regional Economic Corridor Project. The financing is designed to strengthen regional connectivity, improve logistics efficiency, and enhance road safety along the strategic Djibouti–Addis Southern Corridor, a key trade route serving the Horn of Africa. This… [Read More]
IDB Highlights Need for Strong Governance in Digital Public Infrastructure Development
As governments worldwide accelerate digital transformation efforts, the Inter-American Development Bank (IDB) is emphasizing the importance of strong governance frameworks to ensure the success of digital public infrastructure (DPI) and digital public goods. In a new analysis, the IDB explains that digital public infrastructure goes beyond technology. It involves creating shared digital systems such as… [Read More]
Caribbean Faces New Energy Challenge as Focus Shifts to Affordable and Reliable Power
The Caribbean has made remarkable progress in expanding access to electricity, with many countries achieving near-universal coverage. However, a new report from the Inter-American Development Bank (IDB) warns that the region’s next major challenge is ensuring electricity is affordable, reliable, and secure for households and businesses. According to the latest Caribbean Economics Quarterly report, high… [Read More]
IDB Launches New Skills Development Agenda to Boost Growth in Latin America and the Caribbean
As the 2026 FIFA World Cup captures global attention, the Inter-American Development Bank (IDB) has unveiled its Education and Skills Development Thematic Framework 2025–2030, a strategic roadmap aimed at strengthening education systems and closing critical skills gaps across Latin America and the Caribbean. The new framework highlights the growing importance of skills development in driving… [Read More]
Foundation Alloy Raises $22 Million to Scale Advanced Metals Manufacturing Technology
Foundation Alloy has raised $22 million in Series A funding to expand production of its next-generation metals platform and accelerate the future of advanced manufacturing. The company, which develops innovative alloy production technologies, plans to use the investment to increase industrial-scale manufacturing, expand facilities in the United States, and strengthen its global customer partnerships. The… [Read More]
Technology and Creativity Help Young People Discover Cultural Heritage in Bosnia and Herzegovina
Young people in Ilijaš are exploring their cultural and historical heritage through technology, creativity, and hands-on learning activities supported by the European Union through the ReLOaD3 programme. The initiative aims to strengthen young people’s connection with their community by introducing them to local history, traditional knowledge, and cultural landmarks through interactive education. One of the… [Read More]
Zafiri Launches $176 Million Initiative to Expand Clean Energy Access Across Africa
Zafiri has launched a $176 million investment platform aimed at accelerating electricity access across sub-Saharan Africa by supporting private sector distributed renewable energy companies. The blended permanent-capital vehicle was announced at the Africa Energy Forum in Cape Town and will provide long-term equity financing to renewable energy businesses working to bring power to communities beyond… [Read More]























