Kenya is at a crucial stage in its environmental journey, with increasing urgency to restore degraded landscapes and enhance climate resilience. UK PACT (Partnering for Accelerated Climate Transitions) is actively supporting these efforts by facilitating collaboration among government agencies, research institutions, and conservation organizations. These partnerships aim to deliver sustainable, large-scale forest and landscape restoration… [Read More]
Business
Swiss Network in India and HCLSoftware Join Forces to Develop Next-Gen GovTech Solutions
HCLSoftware has signed a strategic Memorandum of Understanding (MoU) with the Swiss Network in India—comprising the Embassy of Switzerland, the Swiss Business Hub India, and Swissnex in India—to join the Indo-Swiss Innovation Platform. This collaboration aligns with the Trade and Economic Partnership Agreement (TEPA) framework and is aimed at enhancing bilateral cooperation in digital infrastructure… [Read More]
African Development Bank and Liberia Partner to Establish First Youth Investment Bank
On July 22, 2025, the African Development Bank Group, in collaboration with the Government of Liberia, will launch the first Youth Entrepreneurship Investment Bank (YEIB) in Liberia. This marks the beginning of a broader initiative to establish YEIBs across Africa, with Liberia being the first country to host this youth-focused financial institution. The launch will… [Read More]
New UK Compute Roadmap Launched by Government and UKRI to Boost AI and Science
The UK Government, through the Department of Science, Innovation and Technology in collaboration with UK Research and Innovation (UKRI), has launched a new compute roadmap aimed at enhancing digital infrastructure. The initiative is expected to significantly increase publicly accessible compute capacity across the country and unlock advancements in areas such as healthcare diagnostics, energy systems,… [Read More]
Empowering Afghan Women: Building Livelihoods and Resilience in Crisis
Despite ongoing restrictions and socio-political challenges, Afghan women are continuing to build livelihoods and strengthen resilience, with support from organizations such as UN Women. In eastern Afghanistan’s Parwan province, a young woman affected by the ban on higher education for females turned to knitting to sustain herself. After struggling for years with minimal income, her… [Read More]
ADF Supports Climate-Resilient Rice Production and Value Chains in West Africa
The Board of Directors of the African Development Fund (ADF), the concessional arm of the African Development Bank Group, has approved a $9.44 million grant for the Africa Rice Center (AfricaRice) to enhance the climate resilience of rice value chains across 13 West African countries. The funding, approved on 17 July 2025, comes through the… [Read More]
2025 Honda Indy Toronto Gets $1.5 Million Boost from Ontario Government
The Ontario government is investing $1.5 million to support the 2025 Ontario Honda Dealers Indy Toronto, a major sporting event held at Exhibition Place. This investment aims to strengthen the province’s sport and tourism sectors by enhancing event operations and attracting international visitors. The 2025 edition of the Honda Indy Toronto is expected to draw… [Read More]
Ontario Funding Boost: $7.5 Million to Support Business Digitization
The Ontario government is investing $7.5 million to support small and medium-sized businesses across the province in modernizing their operations through the adoption of digital technologies. The initiative aims to enhance productivity and sales, particularly in sectors like retail, by helping companies access the necessary tools and expert support. The funding is channeled through the… [Read More]
Record £14.5B in UK Export Financing Boosts 70,000 Jobs Nationwide
UK Export Finance (UKEF) achieved a record high in 2024–25 by providing £14.5 billion in export support through loans, guarantees, and insurance. This substantial backing helped over 667 UK companies expand their international operations and contributed significantly to economic growth across the country. UKEF’s activities supported up to 70,000 jobs and added an estimated £5.4… [Read More]
British Businesses Gain Momentum Through New UK-South Africa Infrastructure Partnership
The UK has launched a new Infrastructure Partnership with South Africa aimed at creating significant investment and export opportunities for British firms. The agreement is expected to enhance project delivery in South Africa by leveraging UK expertise, helping generate economic growth and employment in both nations. This initiative builds on the UK-South Africa Growth &… [Read More]
UNDP’s timbuktoo Initiative Reshapes Development Finance at FFD4
On the sidelines of the Fourth International Conference on Financing for Development (FFD4) in Seville, the United Nations Development Programme (UNDP) hosted a high-level event titled “Building the Future of Engagement with the Private Sector.” The event focused on mobilizing private capital and reforming the international financial architecture, highlighting UNDP’s timbuktoo initiative as a prime… [Read More]
Women Leading Change in Rural Djibouti Through Renewable Energy Solutions
The Development Response to Displacement Impacts Project (DRDIP), initiated in 2017, targeted improvements in the lives of both displaced populations and host communities in Djibouti, Ethiopia, and Kenya. In Djibouti, the focus was on the underserved refugee-hosting regions of Obock and Ali Sabieh, including villages such as Ali-Addeh and Holl Holl. By its closure on… [Read More]
How Jamaica’s Disaster Resilience Strategies Are Protecting Communities
Hurricane Beryl’s landfall in Jamaica marked a turning point in the country’s disaster resilience, as strategic investments helped significantly reduce the storm’s impact. Unlike past storms that devastated towns like Annotto Bay, the country’s strengthened infrastructure protected lives, homes, and critical services. The improvements were part of the Jamaica Disaster Vulnerability Reduction Project, a government… [Read More]
11 High-Impact Projects Backed by 76th Consultative Committee to Support Over 11 Million Smallholders
The 76th Consultative Committee (CC76) of the Common Fund for Commodities (CFC) convened in Amsterdam from 7–10 July 2025, resulting in the recommendation of 11 impactful investment projects. These projects aim to promote inclusive development in commodity-dependent countries across Africa, Asia, Latin America, and Europe. Collectively, they are expected to benefit more than 11.1 million… [Read More]
EIB, Rabobank, and DLL Partner to Provide €1 Billion for Sustainable SME Financing in Europe
The European Investment Bank (EIB) has signed two loan agreements of €250 million each with Rabobank and its subsidiary DLL to support financing for small and medium-sized enterprises (SMEs) and mid-cap companies in Europe. These facilities aim to improve access to funding for businesses investing in sustainability and the energy transition. The facility with Rabobank… [Read More]
EIB Group Approves Over €15 Billion in New Investments Across Key Sectors
The European Investment Bank (EIB) and European Investment Fund (EIF) Boards have approved a combined €15.5 billion in new financing. This funding will support business innovation, transport and energy infrastructure, housing, education, and water resilience projects. Specifically, €14.5 billion was approved by the EIB Board, while the EIF Board authorized €1 billion in new commitments… [Read More]
Minister O’Brien Commits €5 Million to Advance District Heating Projects in Ireland
The Irish Minister for Climate, Energy and the Environment has approved a €5 million allocation from the Climate Action Fund (CAF) to support the pre-construction development costs of efficient district heating projects across the country. This early-stage investment is intended to advance the readiness of such projects and facilitate future development of district heating networks…. [Read More]
AIIB Approves $100 Million Facility for VPBank to Boost Climate Finance and Infrastructure in Viet Nam
The Asian Infrastructure Investment Bank (AIIB) and Viet Nam Prosperity Joint Stock Commercial Bank (VPBank) have signed a USD 100 million on-lending facility to promote sustainable infrastructure and support climate mitigation in Viet Nam. This agreement is aimed at expanding VPBank’s capacity to finance green and climate-resilient initiatives. The new facility will help VPBank fund… [Read More]
B.C. Businesses to Benefit from PacifiCan’s Investment in Trade and Export Expansion
PacifiCan Investment Announced to Support B.C. Businesses in Trade and Export On July 16, 2025, in Kelowna, British Columbia, the Government of Canada, through Pacific Economic Development Canada (PacifiCan), announced a $2.5 million investment to support companies across B.C. in expanding to new markets and managing trade challenges, such as tariffs. This investment highlights PacifiCan’s… [Read More]
Call for Safety and Anxiety-Reducing Solutions at Bristol Temple Meads Testbed
Connected Places Catapult, the UK’s innovation accelerator for transport and the built environment, has opened applications for the next cohort of the Station Innovation Zone, a program designed to support up to eight small to medium-sized enterprises (SMEs) developing solutions to improve passenger safety and experience. This initiative, now in its fourth year and run… [Read More]
African Development Bank Commits $17M for Northern Mozambique Reconstruction
The Board of Directors of the African Development Bank has approved a $17 million grant to support recovery and resilience-building in Mozambique’s conflict-affected Cabo Delgado province. The grant will fund the Resilient Investment for Socio-Economic Empowerment, Peace, and Security (RISE-PS) Project, which targets economic empowerment as a means to address fragility. The project aims to… [Read More]
Government Boosts Tech Innovation Outside Capital with Mentorship, Funding, and Skills Development
The UK government has launched a £1 million programme aimed at supporting tech entrepreneurs outside London to grow their businesses and stimulate innovation across regional areas. This initiative is designed to strengthen local economies by targeting regions such as Scotland, the North East, Humber and East, and South Yorkshire, thereby promoting tech sector growth beyond… [Read More]
EU Energy Efficiency Target: Progress, Policies, and Next Steps for 2030
Achieving the European Union’s energy and climate goals requires a significant reduction in overall energy consumption. Energy efficiency—defined as using less energy to perform the same tasks—is a key driver of the EU’s clean energy transition. To this end, the EU has committed to reducing final energy consumption by 11.7% by 2030 compared to 2020… [Read More]
