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You are here: Home / Archives for Business

Business

$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]

NEC and ClimateAi Partner to Develop Smart Farming Model for Africa

Dated: August 21, 2025

NEC Corporation and San Francisco-based startup ClimateAi have developed an AI-driven model designed to support smart farming in Africa by measuring the effectiveness of climate adaptation strategies for crops like cocoa and rice. The model integrates ClimateAi’s long-range climate forecasting with NEC’s agricultural technology to assess how climate change may impact crop yields and evaluate… [Read More]

Catalyst Fund: Driving Growth for Africa’s Climate Innovation Startups

Dated: August 21, 2025

Africa is facing pressing climate challenges, yet it also holds enormous potential to lead with climate-smart innovations that boost livelihoods and grow economies. Entrepreneurs across the continent are pioneering solutions ranging from solar-powered storage for smallholder farmers to cutting-edge carbon removal technologies, creating both social impact and investment opportunities. Central to this transformation is Catalyst… [Read More]

ILO Mission Boosts Public–Private Partnerships to End Child Labour in Agriculture in Northern Türkiye

Dated: August 21, 2025

The International Labour Organization (ILO), in partnership with local authorities and private sector actors, has advanced efforts to eliminate child labour in seasonal agriculture in northern Türkiye. A high-level mission began in Ordu, bringing together provincial leaders, municipalities, education officials, and representatives from the Ministry of Labour and Social Security (MoLSS), alongside the Association of… [Read More]

Australian Government Awards $50.4 Million in Grants to Boost Innovation

Dated: August 21, 2025

Since 2016, the Cooperative Research Centre Project (CRC-P) grants have played a key role in funding new technologies, products, and services that support Australian businesses. These grants are designed to back short-term, industry-led research projects that deliver practical, real-world solutions while addressing Australia’s National Science and Research Priorities. The latest round of funding is supporting… [Read More]

Australian Innovative Businesses to Receive $28.7 Million from Industry Growth Program

Dated: August 21, 2025

The Australian Government is strengthening support for startups and small and medium enterprises (SMEs) through the Industry Growth Program, designed to help innovative businesses overcome challenges in bringing their ideas to market. Recognizing the vital role SMEs and startups play in driving economic growth, the program offers tailored advisory services and matched funding grants to… [Read More]

Driving Finance Towards Greater Investment in Nature and Biodiversity

Dated: August 21, 2025

In the wake of the COVID-19 crisis, awareness of nature’s role in sustaining economies has become increasingly prominent. International frameworks such as the Convention on Biological Diversity emphasize the importance of aligning both public and private finance with nature-positive development, ensuring that natural capital is restored at a rate that maintains ecological balance. The UNDP… [Read More]

AND Global Secures $21.4 Million Funding to Drive Financial Inclusion

Dated: August 20, 2025

Leading global fintech company AND Global has successfully raised $21.4 million in a Series B funding round led by the International Finance Corporation (IFC), a member of The World Bank Group, and AEON Financial Service, a major Japanese financial group operating in 11 Asian markets. This milestone marks a significant step forward for the company’s… [Read More]

IIM Calcutta Launches ₹50 Crore Fund to Support Cleantech and Sustainability Startups

Dated: August 20, 2025

The IIM-Calcutta Innovation Park (IIMCIP) has announced the launch of a dedicated INR 50 crore fund to support early-stage cleantech and sustainability ventures. The fund will be deployed over the next 12 to 18 months to back startups working in areas such as clean energy, climate resilience, sustainable agriculture, and waste-to-value solutions. According to IIMCIP… [Read More]

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