Thomas Fuller | SOPA Images | Lightrocket | Getty Images Video generation startup Luma AI said it raised $900 million in a new funding round led by Humain, an artificial intelligence company owned by Saudi Arabia’s Public Investment Fund. The financing, which included participation from Advanced Micro Devices’ venture arm and existing investors Andreessen Horowitz,…
Rome, Italy — Agency to double-down on scaling innovation, technology, and private sector collaboration to drive greater impact, and efficiencies The world is facing a global hunger crisis with inadequate resources to respond, the United Nations World Food Programme (WFP) warned today. According to WFP’s 2026 Global Outlook, a staggering 318 million people face crisis…
In a world striving for sustainability, Michelle Lingam’s aspirations for her solar installation business highlight a troubling paradox: despite the critical role of women entrepreneurs in combating climate change, they continue to be largely excluded from formal financing. When Lingam sought a loan to expand her business, she anticipated rigorous scrutiny. What she did not…
The Africa Group of Negotiators has issued a firm warning at COP30 insisting that any agreement on the Global Goal on Adaptation (GGA) must include ambitious, equitable and practical indicators and must be backed by guaranteed finance. The bloc, representing nations most vulnerable to climate impacts says it will not be rushed into finalising adaptation…
Carlos Barria/Reuters Google has committed R688-million to support South Africa’s under-pressure media industry, alongside a separate initiative aimed at fostering its long-term growth. This follows the release of the media and digital platforms market inquiry final report by the Competition Commission on Thursday. It marks an about-turn from earlier this year, when the US search…
Tuberculosis (TB) remains one of the world’s deadliest infectious killers, claiming over 1.2 million lives and affecting an estimated 10.7 million people last year, according to the WHO Global Tuberculosis Report 2025, released today. Despite measurable progress in diagnosis, treatment and innovation, persistent challenges in funding and equitable access to care threaten to reverse hard-won…
Tuberculosis (TB) is once again in the global spotlight as the World Health Organization (WHO) warns that years of progress in fighting the deadly disease could be undone by severe funding shortfalls and unequal access to care. In its Global Tuberculosis Report 2025 released today, WHO reveals that TB continues to kill over 1.2 million…
U.S. President Donald Trump signs funding legislation to reopen the federal government as he is joined by House Speaker Mike Johnson (R-LA), House Minority Leader Steve Scalise (R-LA), Republican lawmakers and business leaders, during a ceremony in the Oval Office of the White House on Nov. 12, 2025, in Washington, DC. Win McNamee | Getty…
SME Snapshot has launched an updated version of its business management dashboard, aimed at helping small and medium-sized enterprises (SMEs) demonstrate their financial health more clearly to potential funders. Access to finance remains one of the biggest barriers to SME growth in South Africa, despite the sector contributing over a third of GDP and employing…
New York – Sweeping aid cuts are dismantling the very organizations that are critical to ending violence against women and girls. The new UN Women report, At Risk and Underfunded, based on a global survey of 428 women’s rights and civil society organizations, finds that on the back of cuts by governments, more women are at risk of…
