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Financing AI Transformation in LMICs: What Multilateral Development Banks Must Do Differently
Multilateral development banks have spent the last decade building the foundations of digital economies across low- and middle-income countries (LMICs), and the broadband networks, digital ID systems and other priorities they've financed are helping to make AI deployments in these markets possible. But as Kunal Walia at Dalberg Advisors explains, this funding often goes toward piloting individual use cases, expanding digital infrastructure or creating an enabling environment, rather than uniting these different components into holistic AI systems that aim to scale. He argues that multilateral development banks must rethink their approach to ensure that the infrastructure they've helped build can actually enable AI transformation.
- Categories
- Investing, Technology
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SolarAid Appoints Nick Pearson as Chief Executive Officer
Nick joins SolarAid at an exciting point in our journey as we continue working towards a future where everyone, everywhere has access to affordable, reliable and sustainable energy.
- Categories
- Energy, Technology
- Region
- Global
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Report: Mobilizing Electric Two-Wheeler Finance in Indonesia
". . . with the phaseout of vehicle purchase subsidies, financing will become an increasingly important driver of market growth to meet the country’s electrification targets of 13 million E2Ws and 2 million electric four-wheelers by 2030."
- Categories
- Investing, Technology, Transportation
- Region
- South Asia
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Analysis: How One VC Burns Through Hundreds of Millions of Tokens a Day to Find the Next Unicorn
For decades, investors backed startups by judging founding teams, products, and markets. But as AI advances at breakneck speed, many now believe they need a much deeper understanding of the technology itself — or risk missing breakthroughs that can create entirely new categories overnight.
- Categories
- Technology
- Region
- Asia Pacific
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Vietnam’s VinSpace Signs Deal With Elon Musk’s SpaceX to Launch Its First Satellites in 2027
VinSpace will launch its satellites on a SpaceX Transporter rideshare mission run by Elon Musk’s company, which carries satellites from multiple customers on a single rocket to share launch costs, it said in a statement.
- Categories
- Technology, Telecommunications
- Region
- South Asia
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Nigeria Launches an Ambitious National Digital Cloud Policy
The final phase will involve scaling government migration, expanding infrastructure, onboarding participating states, strengthening regional interconnection and increasing digital service exports.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Canva Africa, Paystack Partner to Equip Nigerian Entrepreneurs With AI-Powered Creative Tools
"Under the Paystack Small Business Bundle, eligible merchants will receive six months of Canva Business at no cost."
- Categories
- Technology
- Region
- Sub-Saharan Africa
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India’s Software firm Rezolv Raises $12.5 Million Series A Led by Norwest
Rezolv sells software to banks and non-banking financial companies to manage debt collection, from early reminders through legal recovery.
- Categories
- Technology
- Region
- Asia Pacific
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