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Browsing: funding gap
- Suspension of USAID funding could severely affect the availability of antiretroviral drugs, HIV testing, and prevention programmes.
- Other essential programmes at risk are malaria prevention, maternal and child health, family planning, reproductive health, nutrition.
- Ghana is exploring alternative funding mechanisms and reallocate resources to prevent any disruption in these vital programmes.
President Donald Trump’s recent move to dismantle USAID has left Ghana grappling with a funding shortfall of roughly $156 million for her healthcare and social programmes.
With the funding gap, the country is likely to face a crisis in tackling a range of pressing healthcare challenges including fighting malaria, enhancing child health among other key interventions critical to the country’s success.
Under President Trump’s new administration, USAID, traditionally a key plank in U.S. humanitarian and development efforts globally, is being dismantled and merged into the State Department. This move has resulted in a freeze on billions of dollars …
- Deal Source Africa connects African businesses online with investors, transaction advisors and Impact Funds.
- Experienced transaction advisors will link with businesses to provide professional support along their fundraising journey.
- During the pilot phase, the program enabled 94 businesses to connect with 18 investors in deal rooms.
A new programme seeking to connect African businesses online with investors, transaction advisors and Impact Funds has been unveiled in Ghana at the West Africa Deal summit. The programme, Deal Source Africa, comprises a digital platform that connects investors with businesses, in-person and virtual deal rooms where businesses can meet investors.
Deal Source Africa seeks to bridge the $331 billion funding gap for African SMEs. Top on target will be SMEs with high growth potential and offering solutions that help meet their business needs.
It also includes Impact Fund showcases where investors can meet African venture funds and other local capital providers.