S&P Global Ratings has assigned African Export-Import Bank a BBB+ long-term issuer credit rating and an A-2 short-term issuer credit rating, with a Stable Outlook. The rating reinforces Afreximbank’s strong financial position and its growing role in supporting trade, industrialisation, and economic development across Africa and the wider Global Africa community. According to S&P Global… [Read More]
AFC Maintains Top-Tier Credit Ratings to Support Infrastructure Investment Across Africa
Africa Finance Corporation has maintained its top-tier AAA credit ratings with stable outlooks from China Chengxin International Credit Rating Co. Ltd and S&P Global China Ratings, reinforcing confidence in the Corporation’s financial strength, governance standards, and role in financing infrastructure development across Africa. The renewed ratings reflect AFC’s resilient balance sheet, disciplined capital management, strong… [Read More]
ITFC Opens 2026 IsDB Group Annual Meetings with New Trade Finance Agreements
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group, opened its participation at the 2026 IsDB Group Annual Meetings in Baku, Azerbaijan, with a strong focus on trade finance, Islamic finance, private sector growth, and regional economic cooperation. Led by ITFC Chief Executive Officer Eng. Adeeb Yousuf Al Aama,… [Read More]
CARE Aims to Pack 2,000 Disaster Relief Kits at Atlanta Community Event
CARE, the humanitarian organization known for creating the original CARE PACKAGE, is inviting Atlanta residents to participate in a volunteer event focused on assembling CARE PACKAGE kits for families recovering from disasters across the United States. The event will take place on June 20 at LikeMinds ATL on Atlanta’s Beltline and aims to engage the… [Read More]
Mombasa Water Kiosk Improves Health and Livelihoods for Nearly 1,000 Households
Residents of Bwaga Moyo village in Mwakirunge Ward, Mombasa County, are experiencing significant improvements in their daily lives following the establishment of a community water kiosk supported by the World Bank-funded Water and Sanitation Development Project. For many years, families depended on distant and often unsafe river sources for their water needs, forcing women and… [Read More]
Eastern Chad Faces Growing Challenges as Sudan Returnees Surpass 400,000
More than 400,000 Chadian nationals have returned from Sudan since the conflict began three years ago, according to data from the International Organization for Migration (IOM). The number has surpassed earlier projections, highlighting the growing humanitarian impact of the crisis and placing significant pressure on already vulnerable communities and public services in eastern Chad. During… [Read More]
Industry Collaboration Key to Preparing Workers for Future Jobs
Rapid technological advances, demographic shifts, and the transition to greener economies are transforming labor markets worldwide. Artificial intelligence is reshaping job requirements, the green transition is expected to create millions of new positions, and aging populations are increasing demand for healthcare and care-related workers. Despite a large global workforce, many employers struggle to find workers… [Read More]
Tunisia Strengthens Workforce Development Through the CAP Emploi Programme
The CAP Emploi Programme is a major employment and entrepreneurship initiative launched by Tunisia’s Ministry of Employment and Vocational Training under its 2024–2027 sector plan. Supported by the African Development Bank through a €90 million loan and a $2.5 million grant from the Affirmative Finance Action for Women in Africa (AFAWA) initiative, the programme aims… [Read More]
Berne Union Welcomes African Development Bank Group as Full Member
The African Development Bank Group (AfDB) has officially joined the Berne Union, the world’s leading association for export credit and investment insurance, becoming the first multilateral development institution to receive full participation rights within the organization. The milestone was marked during the 2026 Berne Union Spring Meeting held in Astana, Kazakhstan, which gathered more than… [Read More]
Supporting the Clean Energy Transition with Affordable and Ethical Finance
Clean Energy Credit Union was established with the goal of making affordable financing for clean energy projects accessible while ensuring that customers’ deposits actively contribute to climate action. As a federally chartered, member-owned cooperative, the institution directs member deposits toward financing clean energy and energy efficiency projects across the United States. This approach allows members… [Read More]
$14 Million AfDB Grant Boosts Healthcare and Medical Regulation Across Seven West African Nations
The African Development Fund has approved a grant of $14.26 million to the West African Health Organisation (WAHO) to strengthen healthcare systems, improve medical regulation, and enhance regional health security across seven West African countries. The initiative aims to improve access to quality healthcare services while increasing preparedness for public health and nutrition emergencies. The… [Read More]
Diphtheria Cases More Than Double in the Americas, PAHO Issues Alert
The Pan American Health Organization (PAHO) has issued an Epidemiological Alert urging countries across the Americas to strengthen routine immunization programs and close vaccination gaps following a significant rise in diphtheria cases during 2026. The organization warned that declining vaccination coverage is increasing the risk of outbreaks and leaving vulnerable populations exposed to a preventable… [Read More]
PAHO Reviews Strategic Health Priorities Amid Financial Pressures
The Pan American Health Organization (PAHO) has opened the 178th session of its Executive Committee in Washington, D.C., bringing together Member States to address major health priorities affecting the Americas. The four-day meeting focuses on strengthening health systems, improving emergency preparedness, addressing emerging health threats, and reviewing the organization’s financial sustainability amid growing funding pressures…. [Read More]
PAHO Launches Pilot Course to Strengthen Health Sector Response to Violence Against Girls
The Pan American Health Organization (PAHO), with support from the Spanish Agency for International Development Cooperation (AECID), has launched a pilot phase of a new virtual course designed to strengthen the health sector’s response to violence against girls and adolescent girls across Latin America. The initiative brings together more than 60 health sector representatives from… [Read More]
Youth Voices Shape New Digital Health Course Launched by PAHO
The Pan American Health Organization (PAHO) has launched a new virtual course titled “Youth-Centered Digital Health Interventions” to strengthen the capacity of health professionals, policymakers, youth leaders, and organizations working to improve the health and wellbeing of young people through digital technologies. The course was officially introduced during an interactive webinar that brought together experts,… [Read More]
UNDP Supports Young African Animators Through Creative Economy Programme
The United Nations Development Programme (UNDP) is helping young African animators build sustainable careers through a new initiative focused on creative skills, mentorship, and business development. The Independent Animators Capacity Building Programme brings together 20 emerging animators from across Africa for a four-month programme running from May to August 2026. The initiative is designed to… [Read More]
UNDP and Central Bank of Sri Lanka Expand Partnership to Boost Financial Literacy
The United Nations Development Programme (UNDP) and the Central Bank of Sri Lanka (CBSL) have strengthened their partnership to improve financial literacy and promote greater financial inclusion across the country. The renewed collaboration supports Sri Lanka’s National Financial Literacy Roadmap (2024–2028), a key part of the National Financial Inclusion Strategy aimed at helping individuals and… [Read More]
Novo Nordisk Foundation and Global Health EDCTP3 Launch Partnership to Boost Health Research in Africa
The Novo Nordisk Foundation and Global Health EDCTP3 have launched a new partnership to support global health research and strengthen scientific collaboration between Africa and Europe. The initiative will provide up to €18 million in funding from the Novo Nordisk Foundation to advance research focused on major health challenges, including respiratory infections, infectious diseases, and… [Read More]
West Africa’s Rice Sector Needs Better Coordination, Not More Solutions, Says World Bank Official
West Africa has the technology, policies, and financing tools needed to transform its rice sector, but stronger coordination among stakeholders is the missing link, according to Guangzhe Chen, Vice President for the Planet Vice Presidency at the World Bank Group. Speaking after the West Africa Rice Investment Roundtable held in Accra on June 2–3, Chen… [Read More]
Foresight Supports Optera’s £3 Million Funding Round to Expand UK Space Technology Hub
Foresight Group has invested in Optera as part of a £3 million funding round aimed at expanding the company’s UK operations and strengthening its space domain awareness capabilities. The investment round was led by the UK Innovation Science and Seed Fund, with participation from Foresight and other investors. The funding will help Optera establish its… [Read More]
CGIAR Awards Six Research Grants to Advance Gender Equity in Climate Action
The CGIAR Climate Action Program has awarded six research grants to strengthen gender equality and social inclusion (GESI) research across its global climate initiatives. The grants will support research on inclusive climate adaptation, equitable climate finance, and the impact of climate interventions on women’s empowerment. The initiative aims to generate stronger evidence on how climate… [Read More]
Egypt Shifts to Local-Currency Financing for New Solar and Battery Projects
Egypt is moving toward local-currency financing for major renewable energy projects as the country seeks to reduce dependence on foreign currencies and accelerate its clean energy transition. The Ministry of Electricity and Renewable Energy announced plans to finance two solar projects and a battery storage facility in Egyptian pounds, marking a shift from the foreign-currency… [Read More]
Djibouti Startup Limo Targets Digital Commerce Growth With Marketplace and AI Solutions
Djiboutian startup Limo is aiming to transform the country’s digital commerce landscape through an online marketplace, logistics services, and artificial intelligence-powered tools. The company operates a digital platform that connects merchants, restaurants, pharmacies, service providers, and consumers across Djibouti. Available through both a mobile application and web interface, Limo allows users to purchase products from… [Read More]
