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You are here: Home / Archives for Business

Business

Building Resilience: Lessons from Zimbabwe’s Climate-Smart Irrigation for Smallholder Farmers

Dated: September 29, 2025

In Zimbabwe’s semi-arid districts, climate-smart irrigation schemes are helping farmers overcome erratic rainfall, increase harvests, and secure more stable incomes. Supported by FAO and its partners, these initiatives are enhancing community resilience to climate shocks while safeguarding natural resources. By combining infrastructure improvements with capacity-building, the programs are transforming how smallholders manage water, crops, and… [Read More]

Mauritania 2025: Submit Your Projects for Green Diplomacy Week

Dated: September 29, 2025

The Delegation of the European Union to Mauritania, active in the country since 1973, represents the EU and manages programs across a wide range of sectors, including politics, training, employment, civil society, migration, human rights, rural and local development, fisheries, food security, stability and defense, and communication. The Delegation works closely with national and local… [Read More]

Canada Invests in Northern Tourism Development in Time for World Tourism Day, Minister Chartrand Announces

Dated: September 29, 2025

On September 26, 2025, the Honourable Rebecca Chartrand, Minister of Northern and Arctic Affairs and Minister responsible for the Canadian Northern Economic Development Agency (CanNor), announced over $1.5 million in funding to support six projects aimed at enhancing tourism in northern Canada. The investment will be used to improve tourism marketing, upgrade small infrastructure, and… [Read More]

Ontario Announces $30 Million Funding Boost to Protect Forestry Workers

Dated: September 29, 2025

The Ontario government is investing an additional $30 million to support businesses, workers, and communities dependent on the province’s forest sector. This funding will focus on building and maintaining forestry access roads and providing immediate assistance to sawmills in finding new markets for their woodchips. These measures aim to strengthen the forestry sector, create jobs,… [Read More]

Health Minister Hails Move to Remove Tobacco and Nicotine Products from Vending Machines

Dated: September 29, 2025

The Minister for Health, Jennifer Carroll MacNeill, has welcomed the upcoming ban on the sale of tobacco and nicotine inhaling products through self-service and vending machines, effective from September 29, 2025. This measure, part of the Public Health (Tobacco Products and Nicotine Inhaling Products) Act 2023, aims to reduce the availability of harmful products and… [Read More]

Advancing Cooperative Data: ILO Introduces Information Guide and Pilot Findings

Dated: September 29, 2025

The International Labour Organization (ILO) has released two new publications aimed at improving the measurement of cooperatives globally: Measuring Cooperatives (Second Edition) and Implementing the ILO Guidelines Concerning Statistics of Cooperatives: Insights from Five Countries. Both publications draw on pilot studies conducted in Costa Rica, Italy, the Republic of Korea, Türkiye, and the United Republic… [Read More]

Central African Republic Focuses on National Wealth for Sustainable Growth

Dated: September 29, 2025

After two years of weak growth, the Central African Republic is showing signs of a moderate economic recovery, with growth estimated at 1.5% in 2024, according to a recent World Bank report. This improvement is driven by stable agricultural production, progress in agribusiness, and sustained performance in tertiary activities, supported by enhanced energy supply toward… [Read More]

Exim Bank Tanzania Receives $10M Trade Finance Guarantee from AfDB for SMEs

Dated: September 29, 2025

The African Development Bank Group’s Board of Directors has approved a $10 million trade finance guarantee facility for Exim Bank Tanzania Limited to unlock and de-risk trade transactions. The facility will provide up to 100 percent guarantees to international confirming banks against the risk of non-payment, enabling Exim Bank to expand access to essential imports… [Read More]

India and EU Launch Ideathon to Combat Marine Plastic Litter

Dated: September 29, 2025

The India-EU Ideathon on “Combating Marine Plastic Litter” was officially launched as a joint initiative by the Office of the Principal Scientific Adviser to the Government of India and the Delegation of the European Union to India, with support from the India-EU Trade and Technology Council Working Group on Green and Clean Energy Technologies. The… [Read More]

EIB Group Approves €7.1 Billion Financing to Boost European Tech, Energy Security, Defence, and Ukraine Support

Dated: September 26, 2025

The European Investment Bank (EIB) and the European Investment Fund (EIF) have approved €7.1 billion in new financing to strengthen Europe’s technological leadership, energy security, and infrastructure. The funding will also back projects for climate adaptation, urban development in Italy, business support in Spain, and sustainable transport in Greece. Additionally, the Boards approved significant investments… [Read More]

From Violence to Empowerment: Rhoda’s Inspiring Journey of Survival

Dated: September 26, 2025

In December 2019, Rhoda Chechepus narrowly escaped a life-threatening fire set in her hut by her husband, a culmination of years of domestic violence. At the age of 32, the mother of three from Katukumwok village in Amudat District carries both physical and emotional scars, which ultimately motivated her to leave the abusive marriage six… [Read More]

Breaking Barriers to Financing Digital Inclusion: Join the Global Conversation

Dated: September 26, 2025

Nearly one-third of the global population has never accessed the internet, with rural and marginalized urban communities, particularly in the Global South, being the most affected. Groups facing systemic barriers, including women, Indigenous peoples, and low-income populations, are disproportionately excluded, highlighting the urgent need for equitable digital access. Despite sufficient resources existing to close these… [Read More]

DBS Foundation Grants SGD 4.5 Million to 22 Businesses, Empowering 4 from India

Dated: September 26, 2025

DBS Foundation (DBSF) has selected 22 Businesses for Impact (BFIs) across its key markets, including four enterprises from India, to receive funding under its Annual Grant Award programme. Chosen from over 1,500 applicants, the cohort will receive a total of SGD 4.5 million to scale their businesses and support communities in need. The impact from… [Read More]

Peru Partners with IDB to Advance Fiscal Reforms and Stimulate Economic Growth

Dated: September 26, 2025

Peru has secured a $550 million loan from the Inter-American Development Bank (IDB) to implement fiscal reforms designed to stimulate economic growth by enhancing productivity and encouraging private investment. This operation is the first of two under a broader program aimed at addressing structural gaps in state capacity. The reforms focus on strengthening fiscal policy… [Read More]

COP30 Brazil: A Potential Turning Point for the Planet’s Climate Future

Dated: September 26, 2025

COP30, scheduled for November 2025 in Belém, Brazil, is poised to be a pivotal moment for global climate action. It will be the first major summit following the Paris Agreement’s Global Stocktake at COP28, signaling a shift from pledges to concrete delivery. Observers note that Belém will test whether the climate community can transform promises… [Read More]

Mitsubishi Estate to Invest £800 Million, Creating 4,000 Jobs in UK Creative Industries

Dated: September 26, 2025

Mitsubishi Estate has announced an £800 million investment to transform the former ITV Studio on London’s Southbank into a major hub for the creative industries, creating 4,000 new jobs. The redevelopment, named ‘Vista,’ will provide 600,000 square feet of commercial and cultural space, including 40,000 square feet of affordable workspace designed to support Lambeth’s emerging… [Read More]

Empowering Migrant Workers in Thailand’s Rubber Sector with Labour Rights and Social Protection

Dated: September 26, 2025

The International Labour Organization (ILO) is collaborating with Thailand’s rubber sector to strengthen social protection for migrant workers and promote responsible business practices across the industry. A workshop held in Rayong on 25 September 2025 brought together over 100 participants from plantations, processing plants, manufacturing facilities, and related sectors nationwide to enhance understanding of labour… [Read More]

Start Your Business Programme: Helping Indonesian Workers Build Retirement Independence

Dated: September 26, 2025

The International Labour Organization (ILO), in partnership with the Confederation of All Indonesian Trade Unions (KSPSI)-ASEAN Trade Union Confederation (ATUC), is supporting Indonesian workers in preparing for retirement through entrepreneurship training. Many workers face uncertainty about their financial security as they approach retirement, with savings or social protection schemes often insufficient to ensure a stable… [Read More]

Riding the Waves: Tanzanian Women Empowered Through Surfing

Dated: September 26, 2025

At sunrise, Halima wades into the warm waters of the Indian Ocean, carrying bundles of rope that will become underwater seaweed gardens. For Halima and thousands of other women along Zanzibar’s coastline, these submerged plots are far more than an agricultural activity—they are a source of independence, a way to fund their children’s education, and… [Read More]

New World Bank Initiative to Modernize Indonesia’s Power Grid and Expand Access

Dated: September 26, 2025

The World Bank has approved the Indonesia Electricity Network Transformation (I-ENET) Program, a US$500 million initiative aimed at modernizing the electricity distribution system in the Java, Madura, and Bali regions. The program will support Indonesia’s energy sector development by expanding renewable energy integration and accelerating the digital transformation of the electricity grid, aligning with the… [Read More]

Bank of America Pledges $12 Million to Aid Western North Carolina Hurricane Helene Recovery

Dated: September 26, 2025

Bank of America has announced $12 million in zero-interest loans to Community Development Financial Institutions (CDFIs) to support homeowner recovery and small business assistance in Western North Carolina following Hurricane Helene. The funds will be managed through three key CDFIs actively involved in the region’s disaster recovery efforts. Self-Help Ventures Fund (SHVF) will receive $8… [Read More]

Bank of America Pledges $1 Million+ to Aid Hill Country Flood Relief via Liftfund

Dated: September 26, 2025

LiftFund, a leading nonprofit small business lender, has received a major commitment from Bank of America to aid small businesses recovering from the July floods in Texas’s Hill Country. The contribution includes $1 million in lending capital and an additional $100,000 to support LiftFund’s disaster relief operations, bringing the total funds raised for the relief… [Read More]

Libya Moves Forward on Sustainable and Inclusive Energy Transition

Dated: September 26, 2025

The United Nations Development Programme (UNDP) and the European Union Delegation to Libya, in partnership with Libya’s Ministry of Oil and Gas, launched the “Just and Sustainable Energy Transition” Conference under the EU-funded “Support to Energy Transition and Climate Change Mitigation in Libya” project. The conference is part of ongoing efforts by national and international… [Read More]

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