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Tag: USAID

featured Investment

US House votes to cut Nigeria’s aid by 50%

The United States House of Representatives has approved a 50 percent cut in assistance to Nigeria over what it described as the federal government’s failure to protect Christian communities from religiously-motivated violence. The National Security, Department of State, and Related Programs Appropriations Bill, passed by the House Wednesday, provides a total discretionary allocation of 47.32 […]

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featured Finance

US moves to cut Nigeria aid over ‘attack on Christians’

The United States government is moving to place stricter conditions on financial assistance to Nigeria with the House Committee on Appropriations recommending a 50 per cent cut in aid and developmental assistance to the Federal Government over escalating insecurity and religious violence across the country. If passed into law, the National Security, Department of State, […]

News

Condom distribution drops 55% in Nigeria — UNAIDS

The Joint United Nations Programme on HIV/AIDS has reported a substantial decline in condom distribution across Nigeria, with figures dropping by 55 per cent over the past year. The agency warned that this decline reflects a deepening crisis in the global response to HIV. This figure was revealed on Tuesday in Geneva during the launch […]

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Reps probe $4.6bn global fund, USAID grants

The House of Representatives on Monday launched an investigative hearing in Abuja regarding the management of over $4.6 billion in grants that Nigeria received from the Global Fund and the United States Agency for International Development between 2021 and 2025. These significant funds were allocated to support Nigeria’s efforts in combating HIV/AIDS, Tuberculosis, and Malaria, […]

US announces $176m in aid for Nigeria, others
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US announces $176m in aid for Nigeria, others

The United States government has committed an additional $176 million in humanitarian aid to West African countries, including Nigeria. This announcement was made in a press release from the United States Agency for International Development on Tuesday, May 28, 2024. USAID highlighted that this financial aid is in response to the worsening security situation in […]

News

US, Coca-Cola target 10,000 jobs with plastic solutions program in Nigeria

The United States Agency for International Development in collaboration with The Coca-Cola Foundation and TechnoServe Nigeria, is pleased to announce the launch of the Nigeria Plastic Solutions Activity. This impactful initiative, funded equally by Coca-Cola and USAID with a combined investment of $4 million, tackles the critical challenge of plastic waste management in Nigeria through […]

USAID promotes $205m investments in Nigerian agricultural enterprises
Business

USAID promotes $205m investments in Nigerian agricultural enterprises

In the last five years, the United States Government has supported $205 million in debt and equity investments for Nigerian agribusinesses through the United States Agency for International Development. According to The Punch, the organization made this information public on Tuesday in a statement advertising the USAID-funded West Africa Trade and Investment Hub workshop with […]

USAID promotes $205m investments in Nigerian agricultural enterprises
News

Prepare for food price inflation, USAID tells Nigeria, others

The United States Agency for International Development has cautioned Nigeria and other African countries to prepare for higher food prices following recent events that briefly halted Ukraine’s food exports to African nations. The deputy administrator for policy and programming at USAID, Isobel Coleman, made this statement on Thursday during a virtual press conference. She claimed that the […]

USAID promotes $205m investments in Nigerian agricultural enterprises
Business

USAID pledges $3m to African Water Facility

The African Water Facility has received a $3 million commitment from the United States Agency for International Development. According to Nairametrics, this was stated in a press release published on the website of the African Development Bank. A statement in the funding agreement revealed that the facility will support the planning of water and sanitation investment […]

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