REA Launches Africa Minigrids Program (AMP) to Expand Energy Access Across Nigeria

The Rural Electrification Agency (REA) officially launched the Africa Minigrids Program (AMP) on 29th September, 2022, a four-year project funded by the Global Environment Facility (GEF) and supported by the United Nations Development Programme (UNDP) in Nigeria. The programme aims to support access to clean energy by increasing the financial viability, and promoting scaled up commercial investment, in renewable…

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ITC, UN Capital Fund Partner to Unlock Financing for Women, Youth and Small Businesses

The International Trade Centre (ITC) and UN Capital Development Fund (UNCDF) sign a Memorandum of Understanding (MoU) to unlock financing for small businesses, with a focus on women’s economic empowerment, youth entrepreneurship and supportive business ecosystems. Geneva) The International Trade Centre (ITC) and the UN Capital Development Fund (UNCDF) today strengthened their partnership to promote…

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Digital Economy: USAID Launches African Consumer Competition and Protection Initiative

USAID announced it will partner with the Federal Trade Commission (FTC) to launch a new initiative that will help protect consumers and increase competition in countries across Africa. This initiative will strengthen legal and regulatory frameworks and the institutional capacity to ensure that the benefits of the digital economy are not undermined by anti-competitive, unfair,…

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Targeted Policies Needed to Boost Investment in Climate Change Fight- UNCTAD

Attracting international private investment is crucial to closing financing gaps to better respond to countries’ specific needs in climate adaptation and mitigation. © Shutterstock/Michel luiz de Freitas | Policies to curb climate change through foreign direct investment have focused primarily on the renewable energy and electricity sectors. Ahead of the next UN climate change conference (COP27), UNCTAD…

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