In a landmark commitment to sustainable development and international partnership, European Commission President Ursula von der Leyen has announced a substantial €545 million Team Europe investment package designed to dramatically accelerate Africa’s transition to renewable energy. The announcement, delivered via video message at the prestigious Global Citizen Festival during the United Nations General Assembly proceedings, […]

In a landmark move that could reshape Africa’s economic development trajectory, Michael Bloomberg and the African Development Bank Group have announced a groundbreaking partnership designed to mobilize unprecedented levels of private sector investment across the African continent. The strategic alliance was unveiled during the Bloomberg Philanthropies Global Forum held alongside the 80th United Nations General […]

PayPal Holdings Inc. has unveiled an ambitious $100 million investment commitment across the Middle East and Africa, marking a significant strategic expansion into regions experiencing unprecedented digital commerce growth. The multi-year initiative represents PayPal’s most substantial regional investment to date and underscores the company’s confidence in the transformative potential of digital payments across emerging markets. […]

British International Investment has committed $20 million to transform energy access across Africa’s most underserved regions through a groundbreaking partnership with Acumen’s Hardest-to-Reach Initiative. This investment represents a strategic bet on innovative financing models that could unlock clean energy solutions for more than 50 million people while addressing the continent’s chronic electricity deficit that affects […]