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Press Release: At U.S.-Africa Business Forum DFC Announces Active Commitments in Africa Top $11 Billion
DFC announced $369 million in new projects including in health, energy and food security.
- Categories
- Agriculture, Health Care, Investing
- Region
- Sub-Saharan Africa
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African Development Bank Fund Offers $8.9 Billion for Vulnerable African Countries
The $8.9 billion replenishment package includes $8.5 billion in core ADF funding and $429 million for the newly created Climate Action Window.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
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From One Crisis to Another: Using Data from COVID to Meet the Looming Challenge of Food Insecurity
Due to a tragic combination of events, countries around the world are facing a widespread and serious food shortage, with the number of severely hungry people projected to swell to 323 million over the course of 2022. Scott Graham, Andree Simon and Anahit Tevosyan at FINCA share data – initially gathered to inform FINCA's COVID-19 response – that shows the impact of this crisis on low-income customers. They explore how financial inclusion organizations can adapt their support to help customers stave off the worst effects of the escalating food crisis.
- Categories
- Agriculture, Coronavirus, Environment, Finance
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Putting Outcomes Above Ideology: Why the Development Sector Must Recognize the Critical Role of Low-Fee Private Schools in Addressing the Global Learning Crisis
The COVID-19 pandemic has exacerbated the global learning crisis, with up to 70% of children in low- and middle-income countries unable to read and understand a simple text by age 10. Yet Corina Gardner and Stephen Caleb Opuni at the IDP Foundation argue that, despite the urgency of the situation, the development sector remains locked in an ideological debate over whether non-state schools should play a role in the global education landscape. They urge the sector to move past its resistance to private education options and instead work to ensure that these schools are properly regulated, integrated and supported.
- Categories
- Coronavirus, Education
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A $200 Million Injection From the U.S. Will Allow Aspen to Produce More Johnson & Johnson COVID-19 Vaccines for Africa
The investment will allow the plant to expand its capacity beyond its current rate of 300 million doses per year.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Press Release: The Rockefeller Foundation Launches the Vaccination Action Network to Strengthen Health Systems and Scale Up Covid-19 Vaccinations in sub-Saharan Africa
The Vaccination Action Network is designed to strengthen health systems while scaling up Covid-19 vaccine demand strategies in sub-Saharan Africa.
- Categories
- Education, Health Care
- Region
- Sub-Saharan Africa
- Tags
- COVID-19
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Press Release: COVID-19 Slows Progress Toward Universal Energy Access
The COVID-19 pandemic has been a key factor in slowing progress toward universal energy access.
- Categories
- Energy
- Region
- Global
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Press Release: DFC Financing up to US $1 Billion for Gavi COVID-19 Vaccine and Ancillary Supply Purchase and Delivery
The White House announced that US International Development Finance Corporation (DFC) and Gavi have partnered to create the COVAX Rapid Financing Facility.
- Categories
- Coronavirus, Health Care
- Region
- Global
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