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FMCIDE Announces N2.8 Billion Google Fund to Accelerate AI Talent Development in Nigeria
This support, which is provided through a N2.8billion grant from Google.org to Data Science Nigeria, will bolster the Ministry’s ongoing AI-driven initiatives to upskill youth and under- and unemployed Nigerians.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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Rethinking our Approach to Multilateral Collaboration: Why it’s Time to Give the Philanthropic and Private Sectors an Equal Seat at the Table
With only 17% of the Sustainable Development Goals (SDGs) on track, doubts are growing about the effectiveness of the world's current approach to multilateral collaboration. As Simon Sommer at the Jacobs Foundation and Dina Ghobashy at Microsoft argue, part of the problem is that businesses and philanthropic organizations are rarely viewed — or treated — as equal partners of international institutions and national governments in pursuing development goals. They propose a new approach to multilateralism, based on greater cohesion between the public, private and non-profit sectors.
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Press Release: 251 Million Children and Youth Still Out of School, Despite Decades of Progress
The global out-of-school population has reduced by only 1% in nearly ten years, according to the UNESCO Global Education Monitoring Report 2024 unveiled today. Chronic under-investment in education, particularly in low-income countries, is one of the main causes. In synergy with the G20, chaired this year by Brazil, UNESCO calls on its Member States to leverage innovative financing mechanisms such as debt-for-education swaps.
- Categories
- Education
- Region
- Global
- Tags
- global development, SDGs, youth
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Press Release: LSE’s 100X Impact Accelerator Announces New Initiative for Future Social Unicorns in Southeast Asia
With over a million impact-first organisations in Southeast Asia, social ventures are the backbone of vital sectors ranging from agriculture to healthcare, education, and climate action. Selected ventures for the programme will receive £150,000 in funding and 12 weeks of programming focusing on “endgame” strategies.
- Categories
- Education, Environment, Health Care
- Region
- South Asia
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The Problem with ‘Forced Entrepreneurship’: How Universities — and Venture Capitalists — are Failing Climate Tech Innovators
Universities are increasingly positioning themselves as hubs of business innovation, and as Emre Eren Korkmaz at the University of Oxford explains, their support has become an important driver of climate tech innovation. But he argues that universities’ "one size fits all" approach to supporting these innovators is fundamentally flawed, prioritizing the pathway to entrepreneurship — and the demands of venture capitalists — rather than empowering true innovation. He explores the problem and highlights some alternative approaches.
- Categories
- Education, Environment, Investing, Social Enterprise, Technology
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India’s Physics Wallah Raises $210 Million at $2.8 Billion Valuation Even as EdTech Funding Remains Scarce
One of Physics Wallah’s key strengths is the affordability of its courses, with prices starting as low as $50 for an entire year.
- Categories
- Education, Technology
- Region
- Asia Pacific
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$1.57 Billion Loan From World Bank Approved for Nigeria
The bank said the money would help increase availability and effectiveness of financing for basic education and primary healthcare service delivery.
- Categories
- Education, Health Care
- Region
- Sub-Saharan Africa
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Press Release: Unlocking Opportunity for the World’s Underprivileged Children and Youth: International Finance Facility for Education (IFFEd) Commits to $1.5 Billion for Global Education and Skills in LMICs
This historic public-private, non-partisan international finance facility of $1.5bn was commitment for 2024-2025 to global education at the UN Summit of the Future.
- Region
- Global
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