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IFC and TLG Capital Launch $75 Million Fund to Help African SMEs Stay Afloat
"To help small and medium-sized businesses in Africa access the financing they need, the International Finance Corporation (IFC) and investment firm TLG Capital have launched a new private credit initiative."
- Categories
- Investing
- Region
- Sub-Saharan Africa
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As U.S. Foreign Aid Drops, United Nations Agencies That Provide Aid Worldwide Slash Jobs or Cut Costs
One WFP official called the cuts “the most massive” seen by the agency in the past 25 years, and that as a result, operations will disappear or be downsized.
- Categories
- Agriculture
- Region
- Global
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Kenya’s Youth Dominate Tourism Workforce at 70%, Surpassing Global Average
Miano emphasized that the Ministry of Tourism is rolling out initiatives focused on skills development, entrepreneurship, and deeper inclusion of youth in the tourism economy.
- Categories
- Education
- Region
- Sub-Saharan Africa
- Tags
- employment, innovation, tourism, youth
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WHO’s Elusive Plans to Scale Back Fray Nerves
Just weeks before the annual World Health Assembly, the World Health Organization (WHO) revealed its latest proposals to slim the nearly 10,000 staff-strong organisation, as donor cuts weigh heavily on the UN agency.
- Categories
- Health Care
- Region
- Global
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ICD Disburses SME Financing Facility (€15MLN) in Favor of Crédit Communautaire D’Afrique Bank Cameroon
This strategic financing initiative aims to strengthen local SMEs by supporting productive investments.
- Region
- Sub-Saharan Africa
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Distributed Energy Is Driving Latin America’s Energy Transition
Consumers have become a central player in the region’s transition by generating their own clean energy and even selling it on the market.
- Categories
- Energy, Technology
- Region
- Latin America
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Rethinking Education to Re-Engage Youth: Why It’s Time to Focus on Practical Skill Building
In 2023, 20% of youth globally were not involved in employment, education or training — and there is a concerning skills gap, particularly in low- and middle-income countries (LMICs). Meanwhile, the supply of educated youth is exceeding the supply of skilled jobs in many LMICs, forcing young workers to seek lower-paying jobs unrelated to their education and skills. Jessica Crist at SDG Academy explores these challenges, and explains why they're driving the need for a new approach to higher education, focused on practical skill-building and non-traditional formats like online courses, short-term programs and professional training.
- Categories
- Education, Technology
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Analysis: Will Doubling MSME Turnover Limits Unlock Growth or Skew Incentives in India?
India’s MSME map has been redrawn with higher thresholds. Will this scale-focused reform widen opportunity or unintentionally sideline the smallest in the ecosystem?
- Region
- Asia Pacific
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