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India’s Cred Raises $81 Million, Buys Back Shares Worth $1.2 Million From Employees
CRED is one of the most talked about startups in India, in part because of the scale at which its valuation has soared and the amount of capital it has been able to raise in such a short period.
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- Uncategorized
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Press Release: Visa and Visa Foundation Extend Support of Minority-Led Small Businesses
“The capital gap for entrepreneurs of color must be closed if we are to achieve inclusive economic growth for everyone, everywhere,” said Graham Macmillan, president, Visa Foundation. “Visa Foundation is privileged to partner with these organizations that are addressing this funding and opportunity gap by helping them to empower women, Black and Latinx entrepreneurs. These grants represent just the beginning of our commitment to allocate capital, both grants and investments, to gender and racially-diverse investors and entrepreneurs."
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- Uncategorized
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- impact investing
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Asian Development Bank Approved $93 Million Loan to Boost Skills Development and Inclusive Growth in Uzbekistan
The Asian Development Bank (ADB) today announced that it has approved a $93 million loan to help enhance competitiveness in Uzbekistan and boost inclusive growth by improving market-relevant skills development for young people and unemployed job seekers.
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- Uncategorized
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- youth
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WorldRemit Partners With Nest to Empower African Entrepreneurs
WorldRemit, a leading international payment company is partnering with Pan-African tech incubation hub, Nest Innovation Technology, to build scalable business models across Africa via the WorldRemit Entrepreneurs Programme.
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- Uncategorized
- Region
- Sub-Saharan Africa
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The Development Bank of Rwanda Spearheads Economic Inclusion Among Refugees
The Development Bank of Rwanda (BRD) has secured $9 million (over Rwf8.5 billion) from the World Bank to finance entrepreneurial projects initiated by refugees in Rwanda.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Women Entrepreneurship Day 2020: Measures To Encourage Enterprise Among Women
With the onset of the COVID-19 pandemic, our economy has been severely impacted and as physical distancing is the norm, the digital world has come to our rescue and the challenges and opportunities for women in the digital age are growing.
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- Uncategorized
- Region
- Asia Pacific
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Viewpoint: Helping To Undo the Red Tape That Ties up Social Entrepreneurs in Bureaucratic Knots
Running a profitable and sustainable business while making a worthwhile social impact makes things extra tough for social entrepreneurs. These enterprises urgently need more formal support to help them continue doing the good work they do.
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- Uncategorized
- Region
- Sub-Saharan Africa
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New Mercy Corps CEO Named To Replace Longtime Leader Who Resigned Under Pressure
Mercy Corps has a new CEO, replacing its longtime leader who resigned last year over the international relief agency’s handling of credible accusations of child abuse against one of its founders.
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- Uncategorized
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