South Africa’s growing shortage of engineering and information technology skills is putting pressure on the country’s infrastructure, digital economy and innovation ambitions. The Ikusasa Student Financial Aid Programme (ISFAP) is calling for stronger collaboration between government, schools, universities, industry and funders to help address the gap. Source: Supplied. Recent reports indicate that only 42% of…
Mombasa, Kenya — As funding shrinks, civic space narrows and opposition to sexual and reproductive rights grows across Africa, advocates are gathering in Mombasa with a simple message: progress cannot be taken for granted. More than 250 advocates, policymakers, youth leaders, healthcare providers, researchers, civil society organisations and community leaders from across the continent have…
Yellow Card, a leading global stablecoin infrastructure provider, today announced the successful closing of a $40 million strategic funding round, with investment from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and additional strategic investors. The funding will scale Global USD Accounts, Yellow Card’s end-to-end dollar account for businesses, and expand…
Fintech firm Moment raised R362 million in a Series A funding round led by AlphaCode Venture Partners. Pan-African fintech firm Moment has announced the close of its $22 million (R362 million) Series A funding round. The investment, led by AlphaCode Venture Partners, with continued investment from General Catalyst, MultiChoice, and fresh investment from Canal+, rounds…
Ending the military-heavy AUSSOM gives the AU space to develop a political mission focused on long-term stabilisation. After nearly 20 years of operations, the African Union Stabilisation and Support Mission in Somalia (AUSSOM) is no longer tenable. On 1 July, the United States (US) notified the AU that it would not provide funding for the…
Addis Ababa, Ethiopia — Africa’s digital revolution is gathering pace, but the financing needed to sustain it remains uneven, fragmented, and often out of reach. To bridge this gap, African multilateral financial institutions, policymakers, development partners, and private sector leaders are calling for a more coordinated, innovative, and better-structured financing approach to support Africa’s digital…
Kampala — For more than two decades, scientific innovation and international financing have worked together to transform HIV from a deadly disease into a manageable chronic condition for millions of people. But today, the two pillars that have sustained the global HIV response appear to be moving in different directions. Researchers are reporting some of…
Rio de Janeiro, Brazil — For two decades, donor funding helped build one of the world’s most successful HIV responses. Now, as the United States scales back support, legal scholar Mnotho Ngcobo says Africa is confronting not just a funding crisis, but a constitutional and ethical one. Ngcobo, an assistant professor of law at the…
Rio de Janeiro, Brazil — HIV activists confronted U.S. officials before the official start of the AIDS 2026 conference over sweeping changes to Washington’s global HIV strategy, accusing the Trump administration of creating a public health emergency through funding cuts, while the United States defended a new financing model that it says will build more sustainable,…
Mogadishu — The head of the African Union Support and Stabilization Mission in Somalia (AUSSOM) met the acting U.S. ambassador to Somalia in Mogadishu to discuss the mission’s future as it faces growing financial uncertainty, the AU mission said. The Special Representative of the Chairperson of the African Union Commission for Somalia and Head of…
