Keywords: Development aid
African nations are confronting growing financial pressure after a steep decline in global development assistance, prompting renewed calls for stronger domestic revenue generation and institutional reforms to sustain essential public services. According to the United Nations Economic Commission for......
France’s development agency, AFD, has reduced its budget for Africa to €4 billion ($4.703 billion) in 2025, down from €6 billion ($7.054 billion) in 2024, marking a significant shift in priorities amidst broader cuts to the nation’s aid funding. While AFD managed to maintain overall......
Turkish President Recep Tayyip Erdoğan emphasized the need for stronger international cooperation, sustainable supply chains, and innovative policy tools to revive global trade. Speaking at the G20 Summit in Johannesburg, South Africa, Erdoğan noted that current global challenges impact all economies,......
A major United Nations conference focused on development financing has opened in Seville, Spain, where leaders from around the world are meeting to address growing inequality and funding challenges following major aid cuts by the United States. The four-day summit, held once every ten years, is bringing......
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