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China is outpacing and outspending the U.S. on global development
China doubled its diplomacy budget over the last five years, proposing to increase its foreign affairs budget by 15 percent in 2018 alone, at the same time that the United States considers proposals to cut its funding for diplomacy and development by 30 percent.
- Region
- Asia Pacific
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Purdue to be part of a $70 million consortium for global development
United States Agency for International Development, or USAID, is giving that $70 million over the next five years, contingent on congressional authorization. The agency aims for the consortium to fund research that can translate promptly and effectively into real-life solutions.
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Kenyan fintech Lendable secures $450k grant from Dutch development bank FMO
The convertible grant is being provided by the Dutch government through its MASSIF fund — which FMO manages. The fund aims to support small businesses, inclusive enterprises, women as well as youth entrepreneurs by financing local financial intermediaries and other institutions that contribute to development.
- Categories
- Finance
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Press release: African Development Bank, Nordic Development Fund and Partners launch Off-Grid Energy Access Fund with US$58 million
The Off-Grid Energy Access Fund (OGEF) had its first close on Thursday, 2 August 2018 with committed capital of US$ 58 million from the African Development Bank, the Nordic Development Fund, the Global Environment Facility, Calvert Impact Capital and All On.
- Source
- Press release
- Region
- Sub-Saharan Africa
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AI For Humanity: Using AI To Make A Positive Impact In Developing Countries
There is a lot of untapped potential in terms of AI usage, especially in humanitarian areas. The impact could have a multiplier effect in developing countries, where resources are limited. By leveraging the power of AI, businesses, nongovernmental organizations (NGOs) and governments can solve life-threatening problems and improve the livelihood of local communities in the developing world.
- Categories
- Technology
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How Africa can up its game on water management for agriculture
About 12 million hectares of land become degraded each year. Droughts and floods are becoming more frequent and larger. For a host of reasons Africa is at the eye of this storm.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Viewpoint: Prescription only access to antibiotics could exacerbate health inequalities in LMICs
On the surface, prescription only access to antibiotics—a policy which is common in high income countries but rare in low and middle income countries (LMICs)—seems a reasonable approach to combat AMR. However, we’d argue that this approach is both infeasible and inequitable in many LMIC settings.
- Categories
- Health Care
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Solar Startups Are Plugging Africa’s Energy Gap
Based on current trends, the World Bank predicts that even by 2040 over half a billion people in Sub-Saharan Africa will still lack electricity. Although energy use across sub-Saharan Africa has risen by 45% since 2000, supply has not kept pace with demand.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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