U.S. budget proposal cuts climate funding, international aid

U.S. budget proposal cuts climate funding, international aid

American officials on Tuesday released a much-awaited $37.6 billion combined budget request for the U.S. Department of State and U.S. Agency for International Development (USAID), one that cuts more than $17 billion from the “leaner” government’s diplomatic and foreign aid programs. “This budget request supports the President’s ‘America First’ vision…

Modi to open AfDB annual meeting in India

Modi to open AfDB annual meeting in India

Prime Minister Narendra Modi of India will participate Tuesday alongside Akinwumi Adesina, president of the African Development Bank (AfDB), at the bank’s annual meeting in Ahmedabad in India’s western Gujarat state. The meeting, which runs through Friday, will focus on India’s partnership with African nations in key development areas, with…

WEF: Competitiveness report focuses on youth, jobs, cities

The Africa Competitiveness Report was released Thursday at the World Economic Forum on Africa meeting in Durban, with some muted positive trends despite the overall economic stagnation. Lagging infrastructure improvement, weak financial sector development and low levels of regional trade continue to be key constraints to growth. Yet the report,…

Ethiopia, Kenya headed to Belt and Road Forum in Beijing

China says that 28 governments so far have confirmed they will attend the Belt and Road Forum for International Cooperation (BRF) in Beijing in May, with the attendees including President Uhuru Kenyatta of Kenya and Prime Minister Hailemariam Desalegn of Ethiopia. They will be joined by United Nations Secretary General…

France promises €100 million to C.A.R as Touadera wraps up visit

France says it has committed €100 million to development initiatives in the Central African Republic (CAR), including road infrastructure projects in the north and east regions of the country. Funds also will be used to improve the situation in Bambari, RFI Africa reports. The announcement came as President Faustin-Archange Touadera…

#AIDFAfrica development summit, new report focus on African finance

The Aid & Development Africa Summit beings Tuesday in Nairobi, with the event featuring more than 70 speakers whose expertise includes health, humanitarian aid and resilience, and finance. Among those speakers is Ronald Rwakigumba of Mercy Corps, who serves as the Uganda country coordinator for the Agri-Fin Mobile Program, designed to…