Thirty-six new programs and projects from the GEF family of funds will benefit 59 countries, including 21 Small Islands Developing States and 21 Least Developed Countries. PHOTO/GEF. By SPECIAL CORRESPONDENT [email protected] The Global Environment Facility (GEF) has announced the approval of more than $372 million in new funding to implement 36 innovative programs and projects…
Nairobi — IGAD is working with member states on an anticipatory action roadmap, designed to ensure that early warnings for floods, droughts and other climate hazards trigger concrete measures that protect lives, livelihoods and property. Despite billions pledged globally for climate action, only a small fraction reaches the communities most affected by droughts, floods and…
Wiocc Group CEO Chris Wood Pan-African digital infrastructure provider Wiocc Group has secured an additional US$65-million (R1.1-billion) in debt financing to support the continued expansion of its connectivity and data centre footprint across Africa. The new funding was arranged through a sustainability-linked debt facility involving the International Finance Corporation (IFC), Proparco and the Emerging Africa…
Brussels — The European Union is expected to formally announce funding for the African Union Support and Stabilisation Mission in Somalia (AUSSOM) in early 2026, after a two-year pause in direct financial support, according to documents and diplomatic sources linked to the United Nations and the African Union. An EU spokesperson told The EastAfrican that…
Nairobi — A new study and interactive dashboard released today in Nairobi at the seventh session of the United Nations Environment Assembly (UNEA) finds that current international financial flows remain billions of dollars short of what is required to achieve the global biodiversity target of protecting and conserving at least 30 percent of the world’s…
Kenya’s electric bus company BasiGo has received funding from Proparco, the French development finance institution, to support its expansion in East Africa. The investment follows BasiGo’s $41.5 million Series A round completed last year and comes as the company accelerates deployment of electric buses in Kenya and Rwanda. BasiGo provides electric buses, charging infrastructure and…
United Nations — The United Nations Security Council is expected to renew the mandate of the African Union Support Mission in Somalia (AUSSOM) before it expires at the end of December, officials said Monday. In addition to the mandate renewal, the Council will review updates to sanctions under resolution 2713 against Al-Shabaab, including maritime restrictions,…
Doha — 7 December 2025: Somalia remains a central pillar of Egyptian, Arab and African national security, Foreign Minister Badr Abdelatty said at a panel on state-building in Somalia held on the sidelines of the Doha Forum. The panel focused on coordinated strategies to preserve recent gains in the Horn of Africa nation. In his…
The deadly legacy of conflicts old and new – from Gaza to Sudan and beyond – continues to kill and maim civilians on a near-daily basis, mine action workers said on Wednesday, as they appealed for greater support for their lifesaving work in the face of deep funding cuts. Speaking on the sidelines of a…
Nairobi — Viktoria Ventures has been named “Angel Network of the Year 2025” at the Africa Early-Stage Investor Summit (AESIS) in Cape Town, earning recognition for its role in strengthening angel investing networks and early-stage financing across the continent. The award, presented by the African Business Angel Network (ABAN) and VC4A, highlights years of work…
