NEW YORK (AP) — The many conferences on the sidelines of the U.N. General Assembly’s annual gathering of world leaders offer a unique forum for companies and philanthropies to help shape an uncertain future. In the face of significant foreign aid pullbacks from the U.S. and other wealthy countries, humanitarian actors described more pragmatic and focused discussions than in previous years. It’s also a forum to make big commitments. Billionaire businessman Michael Bloomberg announced a new partnership with the African Development Bank Group to bring more investment to the continent. The Gates Foundation also announced a deal with an Indian pharmaceutical manufacturer to help lower the cost of an HIV prevention injectable.
By James Pollard, Associated Press
Banner image: Former U.S. President Bill Clinton, second left, smiles with American businessman Tom Golisano, left, as he awards him with “The Clinton Global Citizen Award” next to former United States Secretary of State Hillary Clinton, second right, and Chelsea Clinton during the Clinton Global Initiative on Wednesday, Sept. 24, 2025, in New York. (AP Photo/Andres Kudacki)
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