This Week in Global Development2 Maj 2024

A new Africa Club, Europe's development agenda, and USAID's struggles

This week we discuss the establishment of the Africa Club by the African Union, an initiative that the continent’s leaders hope will drive reform of the global financial architecture. With African states currently spending more on debt repayments than they are on health care or climate action, the goal is for the alliance to leverage more funding for global development efforts.

On the topic of Africa, we also reported on a gathering of African leaders who outlined their funding priorities for the International Development Association, the World Bank's fund for the lowest-income countries. From building climate resilience to greater energy and digital access, we examine why IDA is such an important tool for countries in the global south.

We also break down leaked documents from the European Commission that outline its development vision for the next five years. To almost nobody’s surprise, it appears as though the EU is planning to pursue a foreign aid agenda based on its own economic interests rather than prioritizing issues linked to poverty and the United Nations’ Sustainable Development Goals. And like the U.S. Agency for International Development, which is struggling to meet its localization objectives, the EU also faces issues around staffing that affect its ability to carry out effective aid delivery.

To analyze these stories, Devex President and Editor-in-Chief Raj Kumar sits down with Bidjan Nashat, managing director of Aequitas Human Capital, and Senior Reporter Adva Saldinger for this week’s edition of our podcast series.

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The fight over $7.5B in expiring aid and a rejected State Department grant

We recently reported that roughly $7.5 billion in international affairs funding is set to expire by the end of this month. In a letter, more than 100 U.S. lawmakers have urged the State Department to ...

3 Sep 26min

The water sector’s funding challenge and Asia’s philanthropy push

At World Water Week in Stockholm, financing took center stage ahead of the U.N. Water Conference in Abu Dhabi this December. The annual gathering saw around 2,000 participants discuss water governance...

27 Aug 30min

Special edition: Rethinking the housing crisis

What if housing finance could help solve today's biggest challenges? In this special episode, Habitat for Humanity’s Jacqueline Innocent reveals why housing is an upstream catalyst for health, educati...

25 Aug 27min

Famine reporting goes dark in 3 crisis zones, and COP31’s critical test

Afghanistan, Somalia, and Yemen, three of the world’s most hunger-prone nations, were removed from the latest reporting by the Famine Early Warning Systems Network — a U.S.-based data and monitoring s...

20 Aug 28min

Inside the State Department’s historic pivot to faith-based organizations

In this episode of This Week in Global Development, Business Editor David Ainsworth sits down with Senior Reporters Michael Igoe and Sara Jerving to discuss the U.S. State Department’s announcement to...

13 Aug 29min

Special edition: Are jobs for youth development's silver bullet?

In this week’s special edition episode of the This Week in Global Development podcast, sponsored by the International Youth Foundation and the Caterpillar Foundation, we examine how shifting labor mar...

12 Aug 41min

Tracking the real-world impacts of US foreign aid cuts

This week, we discuss The Aid Report, a project supported by a media grant from the Gates Foundation to track the real-world impacts of U.S. foreign aid cuts. Over the past couple of months, the initi...

29 Juli 36min

The new era of US and European foreign assistance

This week we look back at the last 18 months of U.S. foreign assistance — a period defined by the dismantling of USAID and the absorption of foreign aid strategy into the State Department. We break do...

22 Juli 30min