The U.S. Agency for International Development (USAID) launched the Supporting, Mobilizing, and Accelerating Research for Tuberculosis Elimination (SMART4TB) project. SMART4TB, a five-year initiative, will invest up to $200 million, subject to availability of funding, to identify more effective methods and tools for finding, treating, and preventing tuberculosis (TB) in USAID’s 24 priority countries for TB programming. This initiative will build research capacity in high TB burden countries by supporting studies that evaluate novel approaches, interventions, and tools to combat TB–including diagnostic tests, new treatment drugs and regimens, socioeconomic and health…
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USAID announce new partnership with Prevented Ocean Plastic South East Asia
At last months Road to G20 event—held as Indonesia prepares to host this year’s G20 summit—the U.S. Agency for International Development’s Clean Cities, Blue Ocean program; impact-focused investment management firm, Circulate Capital; and Prevented Ocean Plastic Southeast Asia, a pioneering plastic recycling company developing sorting and collection infrastructure to underserved communities across Indonesia —announced a new partnership that will expand collection and recycling infrastructure in Indonesia to generate high-quality, traceable recycled plastic to enter into global markets. The partnership will help generate high quality, traceable feedstocks to help meet the…
Read More70% of 10-Year-Olds now in Learning Poverty, Unable to Read and Understand a Simple Text
As a result of the worst shock to education and learning in recorded history, learning poverty has increased by a third in low- and middle-income countries, with an estimated 70% of 10-year-olds unable to understand a simple written text, according to a new report published by the World Bank, UNESCO, UNICEF, UK government Foreign Commonwealth and Development Office (FCDO), USAID, and the Bill & Melinda Gates Foundation. This rate was 57% before the pandemic, but now the learning crisis has deepened. This generation of students now risks losing $21 trillion…
Read MoreHDFC Bank, Mastercard, USAID and DFC Launch $100 Million Credit Facility for Micro, Small and Medium Enterprises (MSMEs) in India
HDFC Bank, Mastercard, U.S. International Development Finance Corporation (DFC), and U.S. Agency for International Development (USAID) launched a $100 million credit facility to promote and encourage small businesses in India to digitize, while also helping Indian businesses, particularly those that are women-owned, to recover from the economic impacts of the pandemic. COVID-19 has had a disproportionate impact on small businesses, forcing many to close prematurely. Additionally, the accelerated shift to digital payments engendered by the pandemic means that small businesses must adapt to changing market dynamics and consumer preferences to…
Read MorePepsiCo, USAID Launch Five-Year, $20 Million Partnership to Empower Women in Agriculture
PepsiCo have announced a new five-year, $20 million partnership with the U.S. Agency for International Development (USAID) under the Women’s Global Development and Prosperity (W-GDP) Initiative, supporting the global food and beverage leader’s efforts to empower women in agriculture and help build a more sustainable food system. The goal of the project is to drive inclusivity across the food and beverage industry by demonstrating that actively engaging women as critical drivers of PepsiCo’s sustainable sourcing strategy leads to better business results. According to the Food and Agriculture Organization, if women…
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