Advertising

Keywords: Funding


Morocco’s forsa program under scrutiny for implementation challenges

Morocco’s ambitious Forsa entrepreneurship program, launched in 2022 with a budget exceeding MAD 1.25 billion ($138.28 million), has come under fire for significant implementation issues, raising doubts about its effectiveness in supporting young entrepreneurs. Intended to provide interest-free......

World Bank approves second $125 million grant to support Somalia's reforms

The World Bank’s Board of Executive Directors has approved a second Development Policy Financing (DPF) operation for the Federal Republic of Somalia, amounting to $125 million. The grant will be provided by the International Development Association (IDA), the Bank’s fund for the world’s......

Nauru's golden passport program struggles to attract buyers

For $105,000, individuals can secure citizenship in Nauru, a small island nation in Micronesia, Oceania. This "golden passport" initiative, launched on August 7, aims to trade citizenship for investments to combat climate change. However, the program has seen limited interest, with only six......

Columbia University reaches $221 million settlement under Trump administration pressure

Columbia University announced on Wednesday a $221 million settlement with the U.S. federal government to halt investigations led by the Trump administration. These investigations targeted several academic institutions, accusing them of allowing anti-Israel protests in the wake of the ongoing Gaza conflict. The......

CNSS allocates 65 Billion Lebanese pounds for surgical procedures

The Lebanese National Social Security Fund (CNSS) has announced a new disbursement of 65 billion Lebanese pounds (approximately $726,000) to public and affiliated hospitals, specifically allocated for flat-rate surgical procedures. This initiative is part of ongoing efforts to strengthen support for......

Proposed budget cuts could overwhelm ERs and disrupt health care systems

A quiet but impactful policy change within the "One Big Beautiful Bill Act" threatens to upend the U.S. health care system, potentially leaving emergency rooms (ERs) overwhelmed and nursing homes shuttered. The legislation, passed by Congressional Republicans, reduces the nationwide provider......

Trump's foreign aid cuts spark fears of global humanitarian crisis

The Lancet Medical Journal has issued a dire warning about the potential consequences of drastic cuts to international foreign aid under the Trump administration. The report estimates that these reductions could result in 14 million deaths worldwide by 2030, with devastating effects on vulnerable populations......

African Development Bank grants €300 million to boost Morocco’s economy and create jobs

The African Development Bank (AfDB) has approved over €300 million in funding to support Morocco’s economic development and job creation initiatives. The decision, announced by the AfDB’s Board of Directors, aims to strengthen the North African country’s resilience, competitiveness,......

Spain’s PM denies Socialist party corruption allegations amid political crisis

Spanish Prime Minister Pedro Sánchez has strongly denied accusations that his Socialist party received illegal funding linked to a corruption scandal involving two former senior allies. The controversy has placed Sánchez’s minority coalition government under significant strain, threatening......