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World Food Programme (WFP)
Source: World Food Programme (WFP) |

Sahel: Major European Union (EU) funding to World Food Programme (WFP) helps crisis-affected people during hunger crisis

Food insecurity has reached a 10-year high in West and Central Africa with over 47 million women, men and children unable to meet their basic food and nutrition needs

With a Euro 48.5 million contribution from the European Union (EU) received through its Humanitarian Aid department (ECHO), WFP was able to respond to the severe food crisis in eight countries of West and Central Africa during the 2023 hunger gap and beyond. Food insecurity has reached a 10-year high…

United Nations Office for West Africa and the Sahel (UNOWAS)

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    • Special Representative of the Secretary General (SRSG) Simao Dialogues with Young People on the 8th Anniversary of United Nations (UN) Security Council Resolution 2250 (2015) On Youth, Peace and Security
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Source: United Nations Office for West Africa and the Sahel (UNOWAS) |

Special Representative of the Secretary General (SRSG) Simao Dialogues with Young People on the 8th Anniversary of United Nations (UN) Security Council Resolution 2250 (2015) On Youth, Peace and Security

This gathering facilitated the creation of a platform for young people to express their concerns and views, and to exchange on the implementation of the Youth, Peace and Security agenda

On December 4, 2023, the Special Representative of the United Nations Secretary-General for West Africa and the Sahel, Mr. Leonardo Santos Simão, engaged in a regional dialogue with young women and men from West African and Sahelian countries to mark the commemoration of the 8th anniversary of United Nations Security…

WHO Regional Office for Africa
Source: WHO Regional Office for Africa |

Scaling up country support for neglected tropical diseases (NTD) eradication

NTDs impose a constant and heavy burden on the poorest, most marginalized, and isolated communities worldwide

In 2021, the World Health Organization (WHO) unveiled the neglected tropical diseases (NTD) roadmap 2021-2030, initiating a decade dedicated on controlling, eliminating, and eradicating NTDs. The WHO Regional Office for Africa is stepping up support for countries on the implementation of the roadmap to bolster the fight against NTDs and…

FIFA
Source: FIFA |

Official squads unveiled for the FIFA Club World Cup Saudi Arabia 2023™

The tournament is set to kick off on 12 December with Al-Ittihad facing Auckland City, leading up to the final on 22 December

The squad lists for the FIFA Club World Cup (www.FIFA.com) Saudi Arabia 2023™ have been released; Tournament set to kick off in Jeddah on 12 December. The seven contenders for the FIFA Club World Cup Saudi Arabia 2023™ have named their 23-man squads for the tournament. The tournament is set to kick…

African Development Bank Group (AfDB)

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    • Support from the African Development Bank will enable NMB Bank to support SMEs and local businesses, including those owned by women
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Source: African Development Bank Group (AfDB) |

African Development Bank approves USD 15 million Trade Finance Transaction Guarantee Facility for NMB Bank to support Small and Medium-sized Enterprises (SMEs) and local corporates in Zimbabwe

It will also increase access to finance and support intra-Africa trade between Zimbabwe, SADC, and the rest of Africa

The Board of Directors of the African Development Bank Group (http://www.AfDB.org) on Thursday, 30 November 2023 approved a USD 15 million Trade Finance Transaction Guarantee facility for NMB Bank in Zimbabwe. This is AfDB’s first project with NMB, a registered commercial bank with strong SME credentials. This facility will provide…

Islamic Development Bank Institute (IsDBI)

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    • Islamic Development Bank Institute Joins Partners to Explore Global Standards for Central Bank Digital Currency
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Source: Islamic Development Bank Institute (IsDBI) |

Islamic Development Bank Institute Joins Partners to Explore Global Standards for Central Bank Digital Currency

The conference was the first-of-its-kind gathering of international financial policymakers and provided a platform for the launch of new research on critical areas in the Central Bank Digital Currency (CBDC) field

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) participated as a knowledge partner in a conference titled ‘“Exploring Central Bank Digital Currency: Pathways to Global Standards”’ held on 28-29 November 2023 in Virginia, United States. The conference was the first-of-its-kind gathering of international financial policymakers and provided a platform for the…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation (ITFC) Extends US$ 40 million with Vakif Katilim Bank and Ziraat Katilim Bank and to Support the Private Sector in Türkiye
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Extends US$ 40 million with Vakif Katilim Bank and Ziraat Katilim Bank and to Support the Private Sector in Türkiye

The collaboration aims to bolster the growth of the private sector and SMEs in Türkiye through the provision of Sharia-compliant Murabaha financing

The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), member of the Islamic Development Bank (IsDB) Group, announce the signing of two significant Murabaha Financing Agreements with Vakif Katilim Bank and Ziraat Katilim Bank, valued at USD 20 million each. The agreements were formalized during the visit of Eng. Hani Salem…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • The Islamic Corporation for the Insurance of Investment and Export Credits (ICIEC) and Standard Chartered Partner for a Transformative Solar Electrification Project in Senegal (1)
    • The Islamic Corporation for the Insurance of Investment and Export Credits (ICIEC) and Standard Chartered Partner for a Transformative Solar Electrification Project in Senegal (2)
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

The Islamic Corporation for the Insurance of Investment and Export Credits (ICIEC) and Standard Chartered Partner for a Transformative Solar Electrification Project in Senegal

This ambitious project, valued at EUR 103 million, aims to harness solar energy to power streetlights across Senegal's rural areas, improving the quality of life, and supporting economic activities reliant on consistent energy access

At the COP 28 event in the United Arab Emirates, a significant partnership was forged through the signing of a Non-Honoring of Sovereign Financial Obligation (NHSFO) agreement between The Islamic Corporation for the Insurance of Investment and Export Credits (ICIEC) (https://ICIEC.IsDB.org), a multilateral credit and political risk insurer and a…

U.S. Agency for International Development (USAID)
Source: U.S. Agency for International Development (USAID) |

Administrator Samantha Power And Special Envoy Kerry Announce New United States Agency for International Development (USAID), Private Sector Commitments to Mobilize Finance for Climate Adaptation Under the President’s Emergency Plan for Adaptation and Resilience (PREPARE)

The PREPARE Call to Action invites businesses to make new, significant commitments to building climate resilience around the world

USAID Administrator Samantha Power and Special Presidential Envoy for Climate (SPEC) John Kerry announced today that 21 new companies have committed to invest in climate adaptation as part of the Call to Action to the Private Sector under the President’s Emergency Plan for Adaptation and Resilience (PREPARE). Their efforts, in…

U.S. Agency for International Development (USAID)
Source: U.S. Agency for International Development (USAID) |

The United States Agency for International Development (USAID) Commits $53 Million to Address Climate Change in Cities

This funding complements and expands USAID’s ongoing work to enable and empower local governments and vulnerable communities to realize their own resilient, low-carbon futures

Today at COP28, USAID Administrator Samantha Power announced that USAID is committing more than $53 million for new low-carbon and climate resilient activities in 23 cities in Asia, Africa, Latin America, and the Caribbean. These funds will provide resources to translate national climate ambitions into local action in urban areas.…