The United Nations’ humanitarian body announced on Friday that it plans to reduce its staff of over 2,000 by 20%, citing “a wave of brutal cuts”…
Browsing: funding
OpenAI has announced that it has secured $40 billion in a funding round that values the artificial intelligence powerhouse at an unprecedented $300 billion, making it…
The Nigerian government is in discussions with the International Finance Corporation (IFC), part of the World Bank Group, to explore capital market funding options for infrastructure…
President Cyril Ramaphosa of South Africa has warned of rising nationalism and protectionism in his annual address, asserting that his country will not be bullied over U.S.…
A fourth contingent of Kenyan police has arrived in Haiti to support efforts to curb gang violence, despite the U.S. freezing a portion of its financial…
Nigerian tech startups raised over $400 million in 2024, according to Africa: The Big Deal’s annual funding report. Despite this impressive figure, Kenya maintained its lead…
A new draft climate finance deal unveiled on Wednesday at the COP29 summit in Baku outlines various strategies for funding climate action in developing nations, underscoring…
The Nigerian government has approved a disbursement of N12.9 billion to four major health agencies in a move to enhance healthcare services across the nation. The…
The World Health Organization (WHO) has announced that it has secured nearly $700 million in new funding, along with $300 million in reaffirmed pledges, during a…
President Xi Jinping has promised to increase China’s support for Africa by pledging nearly $51 billion in funding, backing more infrastructure projects, and creating at least…