UNAOC Invites Youth-led Organizations to Apply for the 11th edition of the Youth Solidarity Fund

Become part of a network of young change-makers who are promoting peaceful and inclusive societies within their communities. The United Nations Alliance of Civilizations (UNAOC) invites youth-led organizations from eligible countries to apply for the 11th edition of the Youth Solidarity Fund (YSF). YSF supports projects that promote peace and social inclusion by enhancing mutual understanding, respect, and collaboration across borders, cultures, faiths, and beliefs. YSF provides seed funding of up to USD 25,000 to implement impactful youth-led projects that advance intercultural and interfaith dialogue, and are aligned with the mandate and mission…

Africa Finance Corporation (AFC), United Nations Industrial Development Organization (UNIDO) and partners enter new alliance leveraging Islamic and Arab finance for economic transformation

VIENNA, Austria, June 17, 2025/ — Today, Africa Finance Corporation (AFC) (www.AfricaFC.org), UNIDO, the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the Union of Arab Banks (UAB), formalized new strategic partnerships under the Islamic and Arab Finance for Economic Transformation in Africa, the Arab Region and Beyond (IFETAA) Programme. Access to finance remains one of the most significant barriers to SME growth and economic transformation, particularly in Africa, the Middle East and South Asia. Only one in five African firms has access to credit, and those that…

African Development Bank project restores electricity in Zimbabwean communities following devastating Cyclone Idai

ABIDJAN, Ivory Coast, June 17, 2025/ — In March 2019, Cyclone Idai tore through Zimbabwe’s eastern districts with unprecedented fury, leaving behind a trail of devastation. Among the hardest hit regions were Chimanimani and Chipinge, where the lifelines of modern life—electricity, roads, and water systems—were severed in a matter of hours. The 155-kilometer powerline stretching from Middle Sabi to Charter, once the backbone of energy supply for Manicaland Province, lay in ruins, plunging over 300,000 people into darkness. For more than two agonizing months, industries ground to a halt, hospitals…