Browsing: backs

The story so far: In late August, Ukrainian President Volodymyr Zelenskyy warned allies of a roughly €27-billion hole in his country’s defence budget for the year. On October 1, after weeks of technical talks with Kyiv, the European Commission declared that Ukraine’s financial and military needs for 2026 were now “fully covered.” Yet the manner…

India voted in favour of a United Nations General Assembly resolution on 6 September 2026 that seeks to correct distortions in the world map, particularly the underrepresentation of Africa’s true size. The resolution, titled “Correct the Map,” was supported by 164 countries, with only the United States voting against it and six countries abstaining. The…

Smallholder farmers across East Africa are being offered a new route to finance climate-resilient agriculture through the Africa Rural Climate Adaptation Finance Mechanism, known as ARCAFIM. Launched by the International Fund for Agricultural Development and Equity Group at the Africa Food Systems Forum 2026 in Kigali, the US$200 million initiative will support farmers and rural…

The European Bank for Reconstruction and Development (EBRD) is investing US$ 8 million (€ 6.8 million) in Ventures Platform Pan-African Fund II, marking the Bank’s first commitment to a pan-African venture capital fund assessing opportunities in sub-Saharan Africa.