Commonwealth News
Australia, Tuvalu to launch climate and security pact this year
May 9, 2024
Australia and Tuvalu have announced an agreement to launch a significant climate and security pact later this year. The pact, signed ensures that Tuvalu's residents, facing threats from rising sea levels, have the right to live in Australia. Additionally, Australia...
ADB to replenish $5b grant fund for Asia-Pacific, including transformative projects in Bangladesh
May 8, 2024
Donors and the Asian Development Bank (ADB) have pledged $5 billion to replenish the Asian Development Fund (ADF) 14 and the Technical Assistance Special Fund (TASF) 8. This commitment was announced during the ADB's 57th Annual Meeting held in Tbilisi, Georgia. ADF 14...
Vanuatu moves towards best practice tourism for turtles
May 8, 2024
The Government of Vanuatu is deeply committed to the effective management and conservation of turtles, aligning its efforts with global initiatives aimed at preventing the extinction of these migratory marine species. Recognizing their ecological significance, Vanuatu...
Good Capital to invest $25M in Indian AI startups by 2025
May 6, 2024
Good Capital, a Mauritius-based early-stage venture capital firm, has committed about $25 million to invest in artificial intelligence (AI) startups in India by the end of fiscal year 2025. This dedicated fund will be sourced from the firm's $50 million Good Capital...
Tuvalu prepares for COP29 with Commonwealth training on climate finance negotiations
May 3, 2024
To strengthen its position in global climate negotiations, the government of Tuvalu recently hosted a training workshop in Funafuti. Facilitated by the Commonwealth Climate Finance Access Hub, the workshop aimed to empower small island nations to access climate funds...
Meat startup Licious eyes IPO in 24 months, 500 stores in 5 years
May 2, 2024
Licious, India's fresh meat and seafood delivery startup, is embarking on an ambitious omnichannel strategy. It aims to establish 500 stores nationwide within the next five years. This move is driven by the company's goal to attract new customers through its offline...