USAID conducts closeout workshop for Ghana Local Governance Decentralization Program

The United States Agency for International Development's (USAID) Ghana Local Governance Decentralization Program (LOGODEP) is conducting its closeout workshop that ends Nov. 12 in Busua, Ghana. USAID oversees a variety of programs aimed at stemming global poverty. The organization has been at work in Ghana since 1957, providing programs to enhance food security, improve healthcare. Read More »

Global Development's Frontier 100 Forum focuses on growth in Africa

The Global Development's Frontier 100 Forum focused on the rapid growth of Africa's private sector and the continent's new role as the home to several leading companies. The theme for the invitation-only event was “African Business in the World-Class Space." The forum's keynote speaker was Solomon Asamoah, African Development Bank’s vice president of infrastructure. Read More »

Global Development's Frontier 100 forum celebrates growth of Africa's private sector

The Global Development’s Frontier 100 Forum celebrated the growth of Africa's private sector during the "African Business in the World-Class Space” event that took place Oct. 19 and Oct. 20 in Washington, D.C. The keynote speaker was Solomon Asamoah, African Development Bank’s vice president of infrastructure. He urged Africa's leaders to develop stronger business environments. Read More »

World Bank devises online learning program for Beninese youth

A program recently developed by the World Bank hopes to expand access to higher education for students in Benin. eLearning Benin allows students to access approximately 20 distance learning programs from universities around the world as an alternative to brick and mortar institutions within the country. The project was developed through the Youth Innovation Fund. Read More »

USAID awards $14.1 million in grants to 32 organizations worldwide

The U.S. Agency for International Development's U.S. Global Development Lab awarded $14.1 million in new grants to 32 organizations from around the globe as part of its Development Innovation Ventures program. A year-round open competition, the DIV program is aimed at finding breakthrough development solutions with strong potential to change millions of peoples' lives. Read More »

Islamic Development Bank establishes $91 million agreements with Tajikistan, Togo

Islamic Development Bank signed two developments financing agreements worth $91 million (USD) with Tajikistan and Togo during the World Bank and International Monetary Fund (IMF) annual meetings in Lima, Peru. The first agreement, totaling $70 million (USD), established between Tajikistan Minister of Finance Abdusalom K. Kurboniyon and IDB Group President Dr. Ahmad Mohamed Ali. Read More »

AfDB, Obama continue Africa energy partnership

African Development Bank Group President Akinwumi Adesina and U.S. President Barack Obama met at the 70th United Nation's General Assembly on Sept. 29 to confirm their continued partnership of bringing power to Africa. The meeting comes on the heels of President Obama's Power Africa initiative that looks to ensure that Sub-Saharan Africans have double the access to electricity. Read More »

World Bank Group partners with Cote d’Ivoire to upgrade economy, level disparities

The World Bank Group endorsed a Country Partnership Framework (CPF), a World Bank lending program of up to US$1 billion and a International Finance Corporation (IFC) financing of up to US$1 billion, for Côte d’Ivoire on Sept. 29. Due to years of stability, the World Bank Board extended the CPF to the Ivory Coast in order to modernize the economy and efface the disparities that were created from years of struggle. Read More »

ReGrow West Africa partnership becomes a Clinton Global Initiative commitment

RESOLVE President and CEO Stephen D’Esposito joined Chelsea Clinton and other leaders at the Clinton Global Initiative (CGI) Annual Meeting in New York on Sept. 27 to announce a new CGI Commitment to Action, “ReGrow West Africa: Post-Ebola Private Sector Recovery.” ReGrow West Africa was selected for its “exemplary approach to addressing a critical challenge.” Read More »

International Monetary Fund mission to Senegal concludes

A group from the International Monetary Fund visited Dakar, Senegal earlier this month to discuss a three-year agreement under the Policy Support Instrument (PSI) approved in June. The PSI is a flexible tool allowing low-income countries that do not want -- or need -- financial assistance to still receive the IMF's advice and support without a borrowing arrangement.  Read More »

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