United Nations — UNAIDS called the funding crisis a ticking time bomb, saying the impact of the US cuts to the President’s Emergency Plan for AIDS Relief (PEPFAR) could result in 4 million unnecessary AIDS-related deaths by 2029. A historic withdrawal of global HIV/AIDS funding threatens to derail decades of hard-won progress in the fight…
Michael Lenz, CEO of TransBridj. Digitised bridging funding is set to shake up the property technology (proptech) ecosystem by accelerating deal closures, unlocking liquidity and eliminating manual processes by speeding up and simplifying the process of securing bridging finance. This is according to industry players who note that for sellers, digitised bridging funding provides the…
Television advertising revenue is dwindling and the competition for advertising has heightened. Volumes on National Treasury’s eTenders Portal are lower this week, but the ICT industry benefits from a range of interesting requests, with particular focus on software requirements. The Department of Communications and Digital Technologies grabs the headline this week with its announcement that…
Funding cuts to international development have cast a pall over a major UN-led international conference set to address the huge challenges faced by countries in the Global South. Despite this sobering backdrop, Eva Granados, Spanish Secretary of State for International Cooperation, insists that global solidarity is still alive, despite indications to the contrary. For decades,…
The U.S. State Department announced Thursday that the Trump administration had approved $30 million in funding for the controversial, opaquely run private food distribution organization known as the Gaza Humanitarian Foundation, which has been criticized by a United Nations agency as “a death trap” for hungry Palestinians in the war-torn enclave. It is the first…
Although nearly 92 per cent of the global population now has basic access to electricity, more than 666 million people still live without it, prompting the World Health Organization (WHO) to urge greater financial support for renewable energy. While the rate of basic access to energy has increased since 2022, the current pace is insufficient…
Johannesburg — Every four years, representatives to the global alliance of governments, pharmaceutical makers, United Nations agencies and philanthropic organizations known as Gavi, which helps get vaccines to people who need them, meet to lock in new funding pledges. Just as this year’s meeting in Brussels was drawing to a close on Wednesday, U.S. Health Secretary…
Brussels — The Global Summit: Health & Prosperity through Immunisation sees a record number of donors pledge towards Gavi, the Vaccine Alliance, securing more than US$ 9 billion towards a target budget of US$ 11.9 billion for its next strategic period (2026-2030) Additional commitments were made, including an unprecedented US$ 4.5 billion in complementary financing…
Kisii — The 13th Africa Evidence Summit kicked off in Nairobi with an aim of advancing knowledge on elevating poverty in sub-Saharan Africa to foster unique collaborations between scholars, researchers and policymakers. Speaking during the opening of the 2025 Evidence summit, chair, Network of Impact Evaluation Researchers in Africa (NIERA) Amos Njuguna said global development…
Wetility and Jaltech anticipate this deal will enable the deployment of solar energy to hundreds of thousands more homes and businesses. MultiChoice-backed solar-as-a-service provider Wetility has successfully secured a R500 million structured capital partnership with Jaltech, a funder of solar energy projects in South Africa. Wetility says the transaction marks a milestone in the company’s…
