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You are here: Home / Archives for Business

Business

Government of Canada Strengthens Support for 2SLGBTQI+ Communities Nationwide

Dated: August 27, 2025

The Government of Canada reaffirmed its support for 2SLGBTQI+ communities, highlighting the ongoing progress of the Federal 2SLGBTQI+ Action Plan, which aims to promote equality and address challenges faced by these communities. Minister Rechie Valdez, joined by MPs Hedy Fry and Wade Chang, announced initiatives including the 2SLGBTQI+ Entrepreneurship Program, which provides $25 million to… [Read More]

Bill Gates Highlights Korea’s Health Leadership Ahead of New Seoul Office Opening

Dated: August 27, 2025

Bill Gates, chair of the Gates Foundation and Microsoft founder, emphasized South Korea’s growing role in global health during his visit to the country ahead of the foundation’s new Seoul office opening. Speaking to the JoongAng Ilbo, Gates highlighted that while many donors have reduced funding for global health, Korea has more than doubled its… [Read More]

Comcast Donates $50,000 to San Bruno Education Foundation to Expand Digital Opportunities

Dated: August 27, 2025

Comcast has announced a $50,000 donation to the San Bruno Education Foundation (SBEF) during a community barbecue held on August 22. The contribution will support a range of afterschool programs that emphasize technology and digital learning opportunities, aiming to expand access and foster skill development for local students. David Tashjian, regional senior vice president of… [Read More]

Over $6.8 Million from PacifiCan to Boost Innovation and Entrepreneurship in Coquitlam

Dated: August 26, 2025

In Coquitlam, British Columbia, the federal agency Pacific Economic Development Canada (PacifiCan) announced an investment of over $6.8 million in two local businesses focused on sustainability and innovative technologies in the energy and textile sectors. This initiative reflects British Columbia’s growing ecosystem of entrepreneurs and small businesses tackling contemporary economic and environmental challenges. Moment Energy,… [Read More]

WEIDE Fund Empowers Women Beneficiaries in Mongolia as Implementation Accelerates

Dated: August 26, 2025

Forty-six women-led businesses in Mongolia have been selected as beneficiaries of the Women Exporters in the Digital Economy (WEIDE) Fund, launched by the WTO Secretariat and the International Trade Centre (ITC) in 2024. The selected micro, small, and medium-sized enterprises (MSMEs) were announced at an event in Ulaanbaatar on 25 August in partnership with the… [Read More]

NUS Secures S$3 Million Mapletree Gift to Expand Service-Learning Courses and Support 60,000+ Seniors and Families

Dated: August 26, 2025

The National University of Singapore (NUS) has received a generous S$3 million pledge from global real estate company Mapletree Investments to strengthen its service-learning courses. This contribution will empower over 4,000 student volunteers annually to support more than 60,000 beneficiaries, including seniors and vulnerable families, highlighting the importance of collaborative efforts among government, community, and… [Read More]

Flood Risk Management in the Western Balkans: Strategies and Success Stories

Dated: August 26, 2025

In the Western Balkans, floods in the Drin River Basin, which spans Albania, North Macedonia, and Montenegro, have long threatened communities, farmland, and infrastructure. With climate change accelerating, these floods are becoming more frequent, severe, and destructive, putting farmers, families, and small businesses at heightened risk. Residents like Robert Tonaj in Shkodër, Albania, have seen… [Read More]

Asia-Pacific Accelerates Climate Finance Efforts to Boost Resilience

Dated: August 26, 2025

Over 150 participants from 20 countries, including ministers of finance, development partners, UN agencies, private investors, and civil society representatives, gathered in Bangkok for the Inclusive Climate Finance Dialogue for a Resilient Asia-Pacific. Co-organized by the UNDP Climate Finance Network (CFN) and the UN Capital Development Fund (UNCDF) with support from partners including the UK… [Read More]

$1.7 Million “Stronger Together” Package Supports Families, Communities, and Businesses

Dated: August 26, 2025

Frankston City Council has launched its $1.7 million Local Support Package as part of the 2025–2026 Stronger Together Annual Budget, aimed at providing direct cost-of-living relief to residents, families, and businesses. Mayor Cr Kris Bolam JP described the initiative as one of the most community-driven programs the Council has delivered, emphasizing that it reflects a… [Read More]

Costa Rica Drives Territorial Transformation Through Digital Innovation and Women’s Leadership

Dated: August 26, 2025

In Costa Rica, the Connection SDGs (Conexión ODS) initiative is transforming local communities by combining digital innovation with women’s leadership. By leveraging technology in everyday problem-solving, the programme empowers women entrepreneurs, community leaders, and municipalities to create more inclusive and sustainable futures. Since its inception, over 300 participants have enhanced their skills in digital literacy,… [Read More]

EIB Group Launches TechEU Platform to Simplify Financing for Europe’s Innovative Companies

Dated: August 26, 2025

The European Investment Bank (EIB) Group has launched the TechEU Programme, a landmark initiative designed to mobilise €250 billion in investment by 2027 to support start-ups, scale-ups, and innovative companies across Europe. At the heart of this effort is a fast-track financing system that simplifies the process for businesses to seek funding and ensures swift… [Read More]

World Bank Launches Education Project in Punjab to Benefit 4 Million+ Children

Dated: August 25, 2025

The World Bank has approved a US$47.9 million grant, funded by the Global Partnership for Education Fund, to enhance educational access and quality for children in Pakistan’s Punjab province. The support is aimed at improving participation among both girls and boys at pre-primary and primary levels, strengthening learning outcomes, and providing remedial support for elementary… [Read More]

WFP Highlights India’s Role in Global Hunger Fight as Western Aid Declines

Dated: August 25, 2025

Carl Skau, WFP Deputy Executive Director and Chief Operating Officer, has emphasized India’s pivotal role in addressing global hunger as Western funding declines. Speaking to PTI, Skau highlighted that India’s homegrown food security solutions, such as grain ATMs, rice fortification, smart warehousing, and supply chain optimisation, are more applicable to crisis-hit regions in Africa and… [Read More]

White Rock Invests in Infrastructure Upgrades to Improve Stormwater Management

Dated: August 25, 2025

The City of White Rock is set to enhance stormwater management and protect local waterways through the Marine Drive Stormwater Improvements project, supported by a combined investment of more than $9.86 million from federal, provincial, and municipal governments. The project targets drainage upgrades along Marine Drive between Stayte Road and Finlay Street, including the installation… [Read More]

Jobs and Livelihoods Key to Building Resilience in Africa

Dated: August 25, 2025

The International Labour Organization (ILO) and the United Nations Office for Disaster Risk Reduction (UNDRR) called for stronger action on job creation, skills development, and local capacity building as essential strategies for strengthening resilience in Africa. Their appeal was made during a high-level side event at the ninth Tokyo International Conference on African Development (TICAD9)… [Read More]

Women’s Economic Empowerment: A Game Changer in the Fight Against Poverty

Dated: August 22, 2025

When women gain economic independence, communities thrive. Globally, unlocking women’s full potential in the workforce could generate a staggering $7 trillion boost to the global economy. From the Ground Up: Alice’s Journey Alice, a mother of five, fled conflict in her home region and landed in a displacement settlement with nothing. She began by doing… [Read More]

Kyndryl Announces $2.25 Billion Investment Plan to Expand Operations in India Over Three Years

Dated: August 22, 2025

Kyndryl, a leading provider of mission-critical enterprise technology services, has announced plans to invest $2.25 billion in India over the next three years. The investment aims to modernize essential technology infrastructure, expand artificial intelligence (AI) initiatives, and foster the development of the next generation of technology talent in the country. This growth builds on Kyndryl’s… [Read More]

Why Ghana’s Fight Against Illegal Mining Is Failing

Dated: August 22, 2025

Early in his tenure, in 2017, then Ghanaian President Nana Akufo-Addo declared a moratorium on all small-scale gold mining to combat severe environmental degradation caused by illegal mining, known locally as “galamsey.” He established an inter-ministerial committee on illegal mining and launched a joint military-police taskforce, Operation Vanguard, to enforce the ban. Initially intended to… [Read More]

Governor Hochul Unveils $52.6 Million in New York Broadband Infrastructure Funding

Dated: August 22, 2025

Governor Kathy Hochul announced $52.6 million in broadband infrastructure awards through New York State’s ConnectALL initiative. The funding, distributed across the Municipal Infrastructure Program (MIP), Affordable Housing Connectivity Program (AHCP), and Deployment Program County Partnerships, will directly connect 6,900 locations, including more than 24,000 households, businesses, and anchor institutions across 28 counties. Of these, 19,000… [Read More]

Governor Hochul Awards $11M+ for Clean Hydrogen Research and Development in New York

Dated: August 22, 2025

Governor Kathy Hochul announced over $11 million in funding for five clean hydrogen research and development projects in New York State. These projects aim to advance technology designs, reduce costs of hydrogen storage and distribution, explore large-scale storage opportunities, and deploy zero-emission hydrogen-powered transportation. The initiative addresses key barriers to adopting clean hydrogen as a… [Read More]

Driving Sustainable Development in Africa: Innovations from Four Leading Nations

Dated: August 22, 2025

Across Africa, countries are adopting innovative financial and social strategies to accelerate sustainable development and empower communities, with a focus on women and youth. By leveraging green finance, digital platforms, renewable energy, and results-based investment, these initiatives are redefining development approaches for the 21st century. In Cabo Verde, a small island developing state, the UN-supported… [Read More]

UK Industrial Strategy Invests Over £30 Million to Boost Northern Ireland’s Science and Tech Industries

Dated: August 22, 2025

Northern Ireland’s science and technology sectors are set to receive a major boost from the UK Government’s modern Industrial Strategy, with at least £30 million earmarked for innovative tech projects. The funding aims to strengthen local jobs, promote economic growth, and support key industries of the future, including cybersecurity, advanced manufacturing, and creative industries. Industry… [Read More]

AfDB, AfCFTA, and Africa50 Join Forces to Unlock $3.4 Trillion African Market via Infrastructure

Dated: August 22, 2025

The African Development Bank Group, the African Continental Free Trade Area (AfCFTA) Secretariat, and Africa50 have signed a Memorandum of Understanding to accelerate infrastructure development across Africa and unlock the potential of the continent’s largest free trade area. The agreement, signed during the Africa50 General Shareholders Meeting in Maputo, establishes a framework for cooperation to… [Read More]

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