ClimateEnergyFunding

African Climate Research Initiative Secures €4.29 Million for 10 Transdisciplinary Projects

A major climate research funding initiative has selected 10 African-led projects addressing critical environmental vulnerabilities. The €4.29 million program brings together 126 researchers from 21 countries to tackle climate challenges through transdisciplinary approaches.

Major Funding Boost for African Climate Research

Ten transdisciplinary research projects led by African institutions have secured substantial international funding totaling €4.29 million (approximately R86.7 million) through a collaborative initiative between South Africa’s National Research Foundation and the Belmont Forum, according to recent announcements.

EducationPolicy

Global Workforce Crisis Looms as Education Systems Struggle to Keep Pace With Rapid Job Market Shifts

World Bank President Ajay Banga warns that 1.2 billion young people will enter the global workforce in the next decade competing for only 400 million jobs. Education systems worldwide are failing to prepare graduates for rapidly evolving employment demands, creating what analysts suggest could become a global workforce crisis.

Global Workforce Imbalance Reaches Critical Levels

According to reports from recent IMF and World Bank Annual Meetings, the world faces an unprecedented workforce challenge as education systems struggle to adapt to rapidly changing job requirements. World Bank President Ajay Banga reportedly warned that 1.2 billion young people will enter the global workforce in the next 10-15 years, competing for approximately 400 million jobs.

BusinessEnergy

Sanedi Reports Perfect Performance Score and Fourth Straight Clean Audit in 2024/25

The South African National Energy Development Institute has reportedly achieved all its performance targets for the 2024/25 fiscal year while securing a fourth consecutive clean audit. Sources indicate the organization’s work has generated significant energy savings and tax incentives while supporting community development projects.

Perfect Performance Record Achieved

The South African National Energy Development Institute (Sanedi) has reportedly achieved an “outstanding performance” for the 2024/25 fiscal year, achieving 100% of its performance targets and securing a fourth consecutive clean audit opinion from the Auditor-General of South Africa (AGSA). According to reports, this exceptional outcome reflects the organization’s commitment to excellence, integrity and impact in advancing South Africa‘s energy sector.