TLDR The Japan International Cooperation Agency (JICA) has committed $10 million to Novastar Ventures’ Africa People + Planet Fund III That marks its first investment as a limited partner in an African venture capital vehicle The fund, also known as the Africa People and Planet Start-up Investing Project, supports early-stage companies that deliver social impact…
Global efforts to fight three of the world’s most harmful and widespread infectious diseases—AIDS, tuberculosis and malaria—are now under threat due to dramatic cuts in global health financing, warns Doctors Without Borders (MSF). In January, the United States—previously the largest funder of global health programs—announced a suspension and review of all international aid. Since then,…
New report highlights major progress in the fight against AIDS, tuberculosis and malaria – but warns that without renewed commitment and investment, decades of hard-won gains could unravel. The Global Fund’s Eighth Replenishment is critical to keep the world on track toward ending these deadly diseases. GENEVA – The Global Fund to Fight AIDS, Tuberculosis…
A diverse coalition of civil society leaders, government officials, development partners, and grassroots voices witness the official launch of the Climate Justice Impact Fund for Africa (CJIFA) and the Africa Just Resilience Framework (JRF) in Addis Ababa, Ethiopia. PHOTO/PACJA. By PATRICK MAYOYO [email protected] In a defining moment for Africa’s climate future, a diverse coalition of…
The Brazilian Presidency’s flagship conservation finance initiative for COP30 – the Tropical Forest Forever Facility (TFFF) – must be supported by sponsor governments also introducing stronger rules to close loopholes that allow the financing of deforestation, Global Witness has warned. The Government of Brazil today released its latest plans for the $125 billion initiative, which…
TLDR Helios Investment Partners is scaling up its presence in Africa’s creative sector with a new $75 million fund targeting sports and entertainment The London-based private equity firm’s specialist arm secured $50 million in equity from development finance institutions to support the strategy Helios’s strategy builds on its 2021 investment in NBA Africa, which valued…
Across most of Africa, rural communities grow their own food, relying on smallholder agriculture. But climate change is threatening this way of life. Rising temperatures, erratic rainfall and degraded soils are already shrinking harvests. This is pushing millions of smallholder farmers into deeper poverty. Yet some African farmers are embracing innovative, cost-effective and environmentally friendly…
TLDR The SECO Startup Fund (SSF), backed by Switzerland’s State Secretariat for Economic Affairs (SECO), has announced a new co-management structure with Seedstars and iGravity SSF is being relaunched with a refreshed strategy to support high-impact businesses in Swiss partner countries that lack access to traditional financing The fund will offer flexible, non-dilutive debt capital…
Geneva — A pivotal moment in the fight to end AIDS — ensuring lifesaving innovation reaches those who need it most, wherever they live The Global Fund to Fight AIDS, Tuberculosis and Malaria (the Global Fund) today announced it has signed an access agreement with Gilead Sciences to procure lenacapavir, a long-acting injectable for HIV…
New York — In Gabú, Guinea-Bissau, a grandmother named N’beta hesitated. Her six-month-old grandson, Seco, was healthy, so why give him medicine? But community health workers Jamilia and Amadu gently explained that the medicine wasn’t for illness, but for protection. It was part of a seasonal malaria chemoprevention campaign designed to protect children during the…
