Scapia has raised $63 million in its latest funding round, marking a significant boost for the Bengaluru-based travel fintech startup. The company, founded by Anil Goteti, provides travel-focused financial services, including co-branded credit cards developed in partnership with a major bank, alongside a digital platform for booking flights, hotels, buses, and trains. The latest round… [Read More]

Omaxe Limited has secured ₹75 crore in funding from WSB Partners as part of a strategic push into India’s fast-growing Tier II property markets. The investment targets residential plotted developments in Ujjain and Indore, two emerging urban centres benefiting from rising demand, infrastructure expansion, and improving connectivity. These cities are increasingly attracting institutional capital as… [Read More]

A group of research-intensive universities has called on the European Union to rethink how it allocates its Widening funding, suggesting that it should be used to increase access to top competitive research grants for countries with weaker research and innovation performance. The proposal, outlined in a position paper by the Guild of European Research-Intensive Universities,… [Read More]

JSW Motors has secured a major funding line of about $826 million (₹80 billion) from State Bank of India, marking a significant boost to its planned new energy vehicle (NEV) manufacturing push in India. The long-term financing facility, which carries a tenor of more than 10 years, will partly support the development of a greenfield… [Read More]

Shastra VC has announced the launch of its third fund, a $100 million corpus (approximately ₹963 crore) aimed at supporting early-stage deeptech startups. The venture capital firm Shastra VC said the fund will focus on high-impact sectors including space and defence technologies, artificial intelligence, and renewable sciences. It will support startups from the seed stage… [Read More]

Tuvalu’s Ministry of Education and Human Resources Development (MEHRD) is leading a national initiative to improve the quality of learning in schools by strengthening teachers’ skills, qualifications, and leadership across the country. The $2.5 million programme is funded by the Global Partnership for Education (GPE) and supported by UNICEF and the University of the South… [Read More]

The U.S. Department of Energy (DOE) has announced a new $50 million funding initiative aimed at significantly boosting energy production within tribal nations. The federal grant program, titled “Unleashing Tribal Energy Development,” aligns with the Trump administration’s broader push toward global energy superiority and seeks to integrate Indian Country into the expanding domestic energy sector…. [Read More]

The Food and Agriculture Organization of the United Nations (Food and Agriculture Organization) has warned that disruption in the Strait of Hormuz could trigger a far-reaching global agrifood crisis, potentially pushing the world into a severe food price shock within the next six to twelve months if preventive action is not taken immediately. According to… [Read More]

A new four-year partnership between Save the Children, Norwegian Refugee Council, and the LEGO Foundation will deliver lifesaving, play-based education and protection to children affected by conflict and emergencies worldwide. Scale and funding Total funding: US $32 million Target reach: 300,000 children Coverage: crisis-affected countries including Haiti, Bangladesh, Lebanon, Somalia, and others Why it matters… [Read More]

According to Francine Pickup, a representative of the United Nations Development Programme (United Nations Development Programme), recent military escalation in the Middle East has significantly worsened poverty in Iran and Lebanon, reversing years of development progress in a short time. The remarks were made during a discussion titled “The Middle East Crisis and its Impacts… [Read More]

As hurricane season approaches, The Home Depot Foundation is supporting community preparedness and recovery efforts by investing more than $5.5 million in grants to nonprofit partners focused on disaster resilience, response, and long-term rebuilding. The grants, combined with mitigation training for partner organizations, are intended to support communities through the full disaster cycle: preparedness, emergency… [Read More]

What is happening in Latin America?: 5 trends that should concern us A Venezuelan family sought refuge in Ecuador after being forced to leave their country, where they still face challenges integrating, including xenophobia.Photo credits: Santiago Arcos / ProLACTimestamp: 21 May 2026Locations: AmericasTopics: Protection, Conflict Between July and December 2025, the ProLAC Initiative monitored protection… [Read More]

Escalating violence in South Sudan is triggering a rapidly worsening humanitarian emergency in Akobo County, Jonglei State, according to a new warning from the International Rescue Committee (IRC). The conflict, which began in December 2025, has led to mass displacement, the collapse of basic services, and growing risks of catastrophic malnutrition as communities approach IPC… [Read More]

Media and communication scholars worldwide have an exciting new funding opportunity to advance their work. The Wahlgrenska Foundation has officially opened its call for applications for the 2026 research funding programme. Aimed at supporting innovative projects that examine the evolving role of media in society, the foundation will award six general research grants worth SEK… [Read More]

The protection situation in Latin America continues to deteriorate, according to a new regional monitoring report conducted between July and December 2025 by the ProLAC Initiative, which analyzes conditions across eleven countries and warns of a sustained increase in violence, forced displacement, and barriers to accessing international protection. The report describes a regional landscape marked… [Read More]

The world’s newest nation, South Sudan, continues to struggle with deep instability, poverty, and weak infrastructure more than a decade after gaining independence from Sudan in 2011. Despite hopes for political transition and planned elections, ongoing insecurity and limited state capacity have left major gaps in essential services. The country, home to around 11 million… [Read More]

United Nations agencies have intensified emergency operations in the eastern region of Democratic Republic of the Congo following a new Ebola outbreak that has prompted urgent cross-border health and humanitarian action. The outbreak, declared on 15 May 2026 in Ituri province, has triggered rapid deployment of medical supplies, logistics support, and community protection measures coordinated… [Read More]

The European Bank for Reconstruction and Development (EBRD) and the European Union have completed the rehabilitation of four key religious heritage sites in the Korçë region of Albania, marking a major milestone in efforts to strengthen cultural tourism and local economic development. The restoration works were carried out under the Albania Infrastructure and Tourism-Enabling Project… [Read More]

The European Bank for Reconstruction and Development (EBRD) has announced a financing package of up to €50 million in partnership with QNB Leasing to support green investment and economic recovery in earthquake-affected regions of Türkiye. The initiative is part of the Türkiye Green Economy Financing Facility III (GEFF III), a €1 billion programme designed to… [Read More]

Mozambique has introduced a new digital irrigation monitoring system designed to improve agricultural water management and strengthen climate resilience across the country. The Irrigation Performance Assessment and Diagnostic Tool (IPADT) was developed in collaboration with the Food and Agriculture Organization of the United Nations, the International Water Management Institute, and Mozambique’s National Irrigation Institute. The… [Read More]

Darragh O’Brien has announced €29.5 million in funding for community-led climate initiatives under Phase 2 of the Community Climate Action Programme, reinforcing the country’s push toward locally driven climate solutions. The funding, delivered through the Climate Action Fund and administered in partnership with local authorities, will support community groups across Ireland in developing projects that… [Read More]

The Food and Agriculture Organization of the United Nations has highlighted a series of regional initiatives aimed at transforming agrifood systems across Europe and Central Asia through stronger cooperation, innovation, and sustainable investment. Discussions took place during the Thirty-fifth Session of the FAO Regional Conference for Europe, held in Dushanbe from 11–15 May 2026, where… [Read More]

New Zealand has announced a new government-backed support package designed to help small and medium-sized businesses strengthen resilience, improve continuity planning, and prepare for economic disruption. The initiative was unveiled by Cameron Brewer during the New Zealand Chamber of Commerce conference as part of the government’s broader strategy to support business growth and long-term economic… [Read More]