In recognition of this ground-breaking initiative, Conservation International pledged $3 million toward an endowment to sustainably finance the Challenge. The Nature Conservancy has already pledged an additional $3 million, and in 2010 the Global Environment Facility approved a $6 million regional … [Read more...] about $3Million pledge to the Micronesia Challenge by Conservation International
Commonwealth Bank of Australia celebrates 100 years, awards $1 Million for Child Health and Welfare
Commonwealth Bank of Australia recently celebrated its centennial birthday by awarding community grants of over $1 million for local charities. The grants were given away to various agencies and groups working to improve health care facilities and well-being for children from Australia and other … [Read more...] about Commonwealth Bank of Australia celebrates 100 years, awards $1 Million for Child Health and Welfare
$1.5 Million Awarded by USAID and Gates Foundation for Second Haiti Mobile Money Launch
The Haiti based mobile operator Voilà will receive a $1.5 million incentive award from the Haiti Mobile Money Initiative (HMMI). The announcement was made by the Bill & Melinda Gates Foundation and the U.S. Agency for International Development (USAID). The award is given to Voilà as it is the … [Read more...] about $1.5 Million Awarded by USAID and Gates Foundation for Second Haiti Mobile Money Launch
USAID Commits $127 Million to support Development in Ghana
According to a release from the Public Affairs Section of the United States Embassy in Accra, the United States Agency for International Development (USAID) has made a commitment of $127 million to promote development activities in Ghana, in the next year. The commitment is a part of the … [Read more...] about USAID Commits $127 Million to support Development in Ghana
Global Partnerships lends $2.5M to two Colombian MFIs
A loan of $2.5 million is extended to two Colombian MFIs, by Social Investor Global Partnerships. The two MFISs receiving the loan are Fundación Amanecer and Contactar. Global Partnerships’ Social Investment Fund 2010 (SIF 2010), which is a five-year, $25 million debt fund, has provided the … [Read more...] about Global Partnerships lends $2.5M to two Colombian MFIs
Grant Worth $136 million Awarded by USDA
Last week, Tom Vilsack , Secretary of US Department of Agriculture, announced a grant worth $136 million to several universities and private companies in the Pacific Northwest, to help develop a Northwest ‘biofuels’ industry. It is the single largest grant awarded by USDA. The grant will help … [Read more...] about Grant Worth $136 million Awarded by USDA
Foreign Minister announces $64 million for health in Papua New Guinea
On October 1, The Australian Foreign Minister, Kevin Rudd, went to Papua New Guinea (PNG), where he visited the Moreguina Health Centre. The purpose of the visit was to deliver medical supplies and announce $64 million to improve the for the health sector in PNG. About one thousand villagers from … [Read more...] about Foreign Minister announces $64 million for health in Papua New Guinea
USAID Partnership establishes African Agricultural Fund
The U.S. Agency for International Development, in collaboration with six partners, is establishing the African Agricultural Capital Fund (AACF), investing $25 million in small- and medium-sized enterprises. It is a unique effort to provide the capital need to boost and support Africa's agriculture … [Read more...] about USAID Partnership establishes African Agricultural Fund
Iraq’s microfinance institutions to hold conference on financial inclusion
An Inclusive Financial Services Stakeholders Conference will be held in Erbil on October 3 and 4. The USAID-Tijara Provincial Economic Growth Program, along with Iraq’s 12 institutions who deal with microfinance, will be holding the conference. The theme for the conference is ‘Transforming Inclusive … [Read more...] about Iraq’s microfinance institutions to hold conference on financial inclusion
Coca-Cola Announces $9.6 million in Charity Grants
On Sep.21, 2011, Coca-Cola Co.’s charitable organization, which is located in Atlanta, announced awards worth $9.6 million. The money would be awarded to 43 promotion projects related to environmental, educational and health, across the globe. Coca Cola Foundation will be conferring the major … [Read more...] about Coca-Cola Announces $9.6 million in Charity Grants
