Funding

ActionSA criticizes 2024 mid-term budget promises

ActionSA says the 2024 mid-term budget fails to meet the government of National Unity’s promises. Party representative Alan Beesley welcomed increased SARS funding but criticised the 1.1-percent economic growth projection, saying it falls short of the needed three-percent. Beesley argues that government neglects economic stability, keeping a bloated cabinet while essential services like policing, healthcare, and education suffer. He labels the budget’s priorities as misplaced, calling for urgent focus on […]

31 October, 2024

Business / Economics

Green Hydrogen Commissioner gives a progress update

Namibia's green hydrogen plans have attracted interest from several countries, including European nations. At a press conference in Windhoek on Wednesday, Green Hydrogen Commissioner James Mnyupe gave an update on the progress of these projects. Mnyupe said that Namibia is currently developing about eight green hydrogen projects that are at various stages. Among these, the Daures project is nearing completion, with expectations to finalise by the end of […]

28 August, 2024

Africa

Africa’s off-grid solar sector is electrifying global investors

By Bonface Orucho, bird story agency Africa’s off-grid solar sector continues to be a magnet for investment, with recent analysis from Africa: the Big Deal emphasizing its growing appeal to investors. Despite a general decline in start-up funding across the continent over the last two years, the industry remains a clear priority for both the social impact and regular investment community. According to Laura Fortes, the senior […]

22 August, 2024

Uncategorized

MTC expands rural schools procject

The MTC Rural Schools Project has built over 40 classrooms across 9 regions, since its inception in 2019. MTC Public Relations Officer, Erasmus Nekundi said this during the handover of 8 classrooms at Tsumeb Primary School in the Oshikoto region on Wednesday. Since the start of this project, the Minister of Education, Arts, and Culture has emphasized that the Ministry requires a total of N$1.8 billion to address […]

1 August, 2024

World

UNRWA chief warns of collapse without urgent funding

The head of the main UN Agency responsible for Palestinian refugees in Gaza, UNRWA has issued a stark warning that it will crumble unless funding is found quickly. UNRWA Commission-General, Philippe Lazzarini said on Monday that an entire generation could be lost.

25 June, 2024

World

Norway boosts funding for UN Palestinian refugee agency

Norway said Monday that it was increasing its funding to the UN agency for Palestinian refugees (UNRWA) by 100 million kroner ($9.3 million). UNRWA, which coordinates nearly all aid to Gaza, has been in crisis since January, when Israel accused about a dozen of its 13,000 Gaza employees of involvement in the unprecedented October 7 Hamas attack that sparked the war. That prompted several countries, including top […]

17 June, 2024

World

EU, US, and UK criticise Georgia’s foreign agent bill

European Union members, the United Kingdom, and the United States have criticised the passage of a new "foreign agent bill" in Georgia's parliament. The legislation would require organisations that get more than a fifth of their funding from overseas to register as foreign agents. Giles Gibson has more.

15 May, 2024

Africa

More African founders secure $1M+ Funding in new trend

By Seth Onyango, bird story agency Start-ups in Africa are increasingly hauling in US$1 million or more in funding, even as the investment climate on the continent cools off. Data from Africa: The Big Deal, shows ventures raising over US$1 million thrive due to their bankability, suggesting a selective but keen interest from investors amidst a cautious investment backdrop. "While the amount raised quarterly is […]

10 April, 2024

World

UNRWA’s Money Woes May Be Easing as Some Donors Return, but US Is Unlikely

Numerous donors are returning to fund UNRWA, the UN Relief and Works agency for Palestinians, reacting to preliminary results from a UN probe into Israeli accusations that agency staff participated in the Oct. 7 massacre. But it appears the United States will not be directing contributions to the organization this year. UNRWA is the main operation delivering food to Gaza, above. UNRWA/INSTAGRAM After weeks of deepening financial straits amid […]

15 March, 2024