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Education-Focused NBFC Varthana Raises $15 Million From BlueOrchard
The funds, raised under the external commercial borrowings framework, will support Varthana’s lending portfolio.
- Categories
- Education
- Region
- Asia Pacific
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Viewpoint: Gender Equality Cannot Be Last on the Agenda at COP29 Climate Talks
Women can be powerful agents of climate action if included in decision-making processes and given access to the right resources.
- Categories
- Agriculture, Education, Energy, Environment, Finance, Health Care, Impact Assessment, Investing, Social Enterprise, Technology, Telecommunications, Transportation, WASH
- Region
- Global
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Press Release: WDI Receives Grant to Connect Young People Through Virtual Exchange
Today, the Stevens Initiative announced the William Davidson Institute at the University of Michigan is one of nine schools, higher education institutions, and nonprofit organizations to receive funding to run virtual exchange programs that connect young people in the United States and the Middle East and North Africa. The programs will help reach 8,000 young people along with the new J. Christopher Stevens Virtual Exchange Initiative Grantees, supported by the U.S. Department of State’s Bureau of Educational and Cultural Affairs.
- Categories
- Education, Environment
- Region
- Global
- Tags
- academia, business education, youth
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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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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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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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