
Articles
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2 weeks ago |
devex.com | Adva Saldinger
As shrinking aid budgets and the dismantling of the U.S. Agency for International Development take a toll on aid flows, attention is turning to funding alternatives, including ways to mobilize more private dollars to tackle development challenges. One approach is blended finance, which leverages catalytic capital from public or philanthropic sources to increase private sector investment. Still, it remains a relatively small market.
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2 weeks ago |
devex.com | Adva Saldinger
African governments must prioritize health investment amid shrinking international aid and rising economic pressures, global health experts said at a recent Devex event on the sidelines of the 78th World Health Assembly. “Health has been consistently deprioritized in national budgets, especially in poorer countries, and it's not clear why that happened,” said Kalipso Chalkidou, director of health financing and economics at the World Health Organization.
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2 weeks ago |
devex.com | Adva Saldinger
In a marathon day in the U.S. Senate on Tuesday, Secretary of State Marco Rubio faced a barrage of pointed questions, along with accusations that he illegally dismantled USAID and bears responsibility for aid cuts that have led to thousands of deaths.
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2 weeks ago |
devex.com | Adva Saldinger
For the past decade, the African Development Bank has been Akinwumi Adesina’s bank. The bespectacled leader known for his signature bow ties led the bank to considerable growth. Today, AfDB’s capital is $318 billion, more than triple what it was when he took up the job. But as his second term expires, the race for his successor is on. That man or woman is set to inherit the bank at a pivotal moment for the continent and the institution.
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2 weeks ago |
devex.com | Elissa Miolene |Adva Saldinger
A federal judge has ruled in favor of the U.S. Institute of Peace, declaring that President Donald Trump’s efforts to dissolve the organization violated constitutional law and represented a “gross usurpation of power.” The decision follows months of legal back-and-forth around the U.S. Institute of Peace, an independent nonprofit organization established by Congress in 1984. For decades, the institute conducted research, training, and peacebuilding activities across the world.
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