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Africa in the Crosshairs of Ukraine War – UN Chief
Africa has severe exposure to the economic effects of the Ukraine war, says UN secretary-general António Guterres as he calls for urgent action from the West.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Sri Lankan Business Owners Left Reeling From Shortages, Power Cuts Amid Spiralling Economic Crisis
As Sri Lanka is enveloped by its worst economic crisis in living memory, restaurants and other businesses across the island nation are being pushed to the brink by acute shortages of fuel and other essentials.
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- Uncategorized
- Region
- South Asia
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Analysis: ‘Russia Is Half of Our Business.’ Or It Was.
European companies that relied on Russian customers are suffering collateral damage from the invasion of Ukraine and Western sanctions.
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- Uncategorized
- Region
- Europe & Eurasia
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Marketing Nutritious Food Products at the Last 100 Meters: A New Report Explores the Impact of Direct Sales Forces
Nearly 800 million people globally are undernourished, and over 2 billion lack year-round access to adequate food. Many companies have attempted to address this issue by marketing affordable, nutritious food products in developing countries. But as Lucie Klarsfeld McGrath and Louise Berthault at Hystra point out, few of these companies focus on ensuring that their nutritious products are consumed consistently in sufficient quantities to produce positive health impacts. They share new research on how companies can leverage direct sales forces to bring low-income customers consistent access to nutritious foods.
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Colombian Fintech Plurall Acquires Funding to Support Entrepreneurs in Latin America
Plurall, a Colombian Fintech firm that’s focused on enhancing the financial inclusion of Solopreneurs in Latin America, finalized a pre-seed round by securing $1.5 million in equity and $10 million debt financing.
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- Uncategorized
- Region
- Latin America
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IFC, European and African Partners Launch Alliance to Support Private Sector Growth in Africa
African, European, multilateral and bilateral partners have launched the Alliance for Entrepreneurship in Africa.
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- Uncategorized
- Region
- Sub-Saharan Africa
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$50 Million Fund to Build 15-20 Startups, Says Angel Investing Platform
Inflection Point Ventures (IPV), an angel investment platform, announced the launch of its new fund with a corpus of $50 million.
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- Uncategorized
- Region
- Sub-Saharan Africa
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No Ikea Shelves, No Levis: The Retail Exodus From Russia Is On
Since the invasion of Ukraine began, the increasing financial and reputational risks of doing business in Russia are leading Western brands to halt operations.
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- Uncategorized
- Region
- Europe & Eurasia