This paper was written in November 2024 prior to the inauguration of President Trump, and as such does not reflect or account for the changes that have occurred in the development space since then due ...

Over the past year, sharp aid cuts have forced the closure of soup kitchens in war-riven Sudan, led to medicine shortages across sub-Saharan Africa, and resulted in reductions in food rations in ...

Prefer Newsweek on Google to see more of our trusted coverage when you search. As China soared to economic prominence in recent decades, it also emerged as a leading source of finance for low- and ...

Four takeaways, three charts, and one existential question raised by new data on official development assistance.

By Duncan Miriri NAIROBI, April 9 (Reuters) - Overseas development aid from the world's richest nations to poorer countries dropped by 23.1% in 2025 to $174.3 billion, the biggest ever year-on-year ...

With the Trump administration slashing US Agency for International Development budgets and European nations shifting overseas development aid budgets to bolster defence spending, the world has entered ...

While development aid is an often-overlooked aspect in bilateral relations and geopolitics, international development cooperation is a prominent foreign policy tool for China, as was foreign aid for ...

The GSEZ Mineral Port in Gabon, one of the projects supported by public-private partnership via the U.S. International Development Finance Corporation. Credit: U.S. International Development Finance ...

Long Island will compete with New York’s nine other regions for tens of millions of dollars from the state for one large initiative that creates hundreds of jobs and attracts significant private ...

In June 2024, Lee Jae-myung, then the leader of the Democratic Party of Korea, declared that under then-President Yoon Suk-yeol “$10 billion in aid to Africa eventually disappears into thin air.” More ...