fundsforNGOs News

Africa’s biotechnology market is projected to grow from $73.4 billion in 2022 to $138.2 billion by 2030, according to the latest report from the United Nations Economic Commission for Africa (UNECA). This growth reflects an expected annual expansion rate of 8.2% and highlights biotechnology as one of the key technologies capable of driving economic transformation,… [Read More]

The World Bank has highlighted the urgent need for countries in the Middle East, North Africa, Afghanistan, and Pakistan (MENAAP) region to significantly expand women’s participation in the labor force, warning that failure to do so could limit long-term economic growth and strain future public finances. In a recent analysis, World Bank economists noted that… [Read More]

The United Nations Economic Commission for Africa (ECA) has launched a new initiative aimed at accelerating youth job creation across the continent, signaling a shift from policy discussions toward measurable action and investment-driven outcomes. During the inaugural Africa Development Impact Forum in Addis Ababa, ECA Executive Secretary Claver Gatete emphasized that Africa already has proven… [Read More]

The United Nations has launched a new Global Alliance for Human Rights, bringing together governments, businesses, civil society organizations, educators, and community leaders to strengthen human rights protections amid rising global challenges. The initiative was unveiled in Geneva by UN High Commissioner for Human Rights Volker Türk, who described the alliance as a response to… [Read More]

Natural disasters such as floods, droughts, and extreme weather events not only damage crops and threaten food security but also create significant financial challenges for farmers and lending institutions. When agricultural production is disrupted, farmers often struggle to repay loans, placing pressure on the financial systems that support rural economies. Agriculture remains a major source… [Read More]

The European Bank for Reconstruction and Development (EBRD) has announced a settlement agreement with Spanish engineering and consulting firm Applus Norcontrol S.L.U., resulting in a 13-month debarment from participating in EBRD-financed projects and operations. The sanction relates to a fraudulent practice connected to a real estate development project in Serbia focused on expanding science, technology,… [Read More]

New data from the Circular Economy Investment Tracker (CEIT) reveals that private investment in circular economy businesses reached nearly $198 billion between 2018 and 2024. The investments span sectors such as electronics, packaging, and textiles, where companies are adopting business models focused on reducing waste, extending product lifecycles, and recovering valuable materials for reuse. Examples… [Read More]

The European Bank for Reconstruction and Development (EBRD) has introduced a new Approach to Financial Market Development, outlining its strategy to strengthen domestic financial markets and support sustainable economic growth across its countries of operation. The newly published framework highlights the importance of deep, resilient, and well-functioning financial markets as a foundation for private-sector-led economies…. [Read More]

A new World Bank analysis argues that traditional development approaches are failing to protect human capital in conflict-affected regions, urging governments and international organizations to adopt more integrated and people-centered strategies. The report highlights how conflict and violence create interconnected disruptions across homes, communities, and workplaces, leading to long-term damage to education, health, employment, and… [Read More]

The World Bank has warned that the 2020s are on track to become a lost decade for many developing economies, with nearly half failing to narrow the income gap with wealthier nations since 2019. A combination of global shocks, including the COVID-19 pandemic, geopolitical conflicts, rising debt levels, and weak investment growth, has significantly slowed… [Read More]

The European Bank for Reconstruction and Development (EBRD) has announced a new $20 million trade finance facility for BANK OF AFRICA-BENIN (BOA-BENIN) to strengthen trade financing and support private sector growth in Benin. The funding, provided through the EBRD’s Trade Facilitation Programme, is designed to enhance financing for import and export operations while supporting the… [Read More]

A new international study has found a significant connection between lack of access to clean drinking water and food insecurity, highlighting a growing global challenge that affects both developing and developed nations. Published in Nature Food, the research was conducted by experts from the International Water Management Institute (IWMI) and the University of Southern California…. [Read More]

Bamboo is increasingly gaining recognition as a valuable solution for ecosystem restoration, climate change mitigation, and rural economic development. Its ability to restore degraded land, prevent soil erosion, absorb carbon, and generate income opportunities has made it an important component of global environmental and sustainable development initiatives. Experts highlight bamboo’s unique combination of ecological and… [Read More]

Maryland Governor Wes Moore has announced a $31.5 million investment in ecological restoration projects aimed at improving water quality across local waterways and the Chesapeake Bay. The funding, provided through the Chesapeake and Atlantic Coastal Bays Trust Fund, will support 25 restoration projects covering 188 sites throughout the state. The selected projects focus on reducing… [Read More]

Côte d’Ivoire has resumed oil production at the Baobab offshore field following a 17-month shutdown linked to major maintenance and refurbishment work on its floating production, storage and offloading (FPSO) unit. The restart marks a key step in restoring output from one of the country’s significant offshore energy assets. The field, located in block CI-40,… [Read More]

Kenya and Belgium have signed two new memoranda of understanding aimed at strengthening diplomatic relations, improving air connectivity, and expanding economic cooperation between the two countries. The agreements include a Bilateral Air Services Agreement designed to facilitate direct flights between Kenya and Belgium, improving travel efficiency and reducing logistics costs for trade. A second agreement… [Read More]

Cameroon has stepped up efforts to fast-track the development of a major bitumen production facility in Kribi through tax incentives, customs exemptions, and regulatory approvals aimed at reducing dependence on imported construction materials and strengthening local industrial capacity. Between February and April 2026, authorities granted key approvals to All Bitumen Cameroon Plc, the company leading… [Read More]

Cameroon cocoa farmers are seeing a modest recovery in farmgate prices as the 2025–26 marketing season approaches its end, although earnings remain far below initial expectations. Recent data from the Cocoa and Coffee Interprofessional Information System (SIF), managed by the National Cocoa and Coffee Board (ONCC), shows cocoa selling between CFA 1,650 and CFA 1,700… [Read More]

BirdLife International has received a £7.5 million grant from the Ecological Restoration Fund to strengthen conservation and restoration efforts across one of the world’s most important migratory bird routes, the African–Eurasian Flyway. The funding will support a three-year program aimed at protecting key habitats and improving coordination across multiple countries. Migratory bird populations are under… [Read More]

Ethiopia has approved a 2026/27 federal budget worth 2.339 trillion birr (about $14.5 billion), marking an increase from the previous year’s allocation of 2 trillion birr. The budget is designed to support national investment priorities, fiscal reforms, and medium-term development planning as the country continues its economic transformation agenda. The approved spending plan covers recurrent… [Read More]

Burkina Faso–based healthtech startup Hacking Group has developed SuiviVital, a digital health platform designed to improve patient monitoring, medical data management, and communication between doctors and patients. The solution is part of a growing push toward e-health services in West Africa, where limited healthcare infrastructure often affects continuity of care. SuiviVital enables patients to record… [Read More]

Guinea is moving to tighten oversight of tax incentives after new data revealed that tax exemptions cost the government about $462 million in 2024, marking a 16.5% increase compared to the previous year. Authorities have now announced the creation of a national committee to review, monitor, and rationalize tax expenditures as part of a broader… [Read More]

Zambia has successfully secured sufficient creditor support to complete a large-scale buyback of its 2053 Eurobond, marking a key milestone in its ongoing debt restructuring efforts. The agreement allows the government to trigger full early redemption after participation exceeded the required threshold from bondholders, with investors set to receive 84.35 cents on the dollar under… [Read More]