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Apollo Jumps Into Impact Investing With Plan to Raise $1 Billion
Alternative asset managers are starting funds devoted to meeting environmental, social and governance targets as they seek to gather a steady stream of fees and diversify offerings for investors as demand grows.
- Categories
- Investing
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Rhino Bonds: Can Big Finance Really Save Big Beasts?
Since the 1970s, the population of black rhinos, primarily found in South Africa, has plummeted from 65,000 to just 5,500 due to poaching driven by demand from China and Vietnam for rhino horn.
- Categories
- Environment, Investing
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Press Release: Grant Awarded to Establish Aceli Africa, a Data-Driven Financing Facility to Unlock Capital for Agricultural SMEs
According to the World Bank, agricultural growth in Africa is significantly more effective at reducing poverty than growth in other economic sectors. Agricultural SMEs, including farmer cooperatives and food processors, improve livelihoods by aggregating and linking smallholder farmers to markets and generating employment for low-skill workers, particularly women and youth.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Perpetual Debt in the Silicon Savannah
One Kenyan argued the apps are ‘enslaving’ people—from the working poor to the salaried classes—by making claims on their future labor.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Kenya’s Innovative Strength Sees the Country Ranked the Leading Tech Hub in Sub-Saharan Africa by WIPO
According to the World Intellectual Property Organisation (WIPO), Kenya’s so-called Silicon Savannah is unrivalled in sub-Saharan Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: FDA Approves New Treatment for Highly Drug-Resistant Forms of Tuberculosis
"FDA approval of this treatment represents a victory for the people suffering from these highly drug-resistant forms of the world's deadliest infectious disease," said Mel Spigelman, MD, president and CEO of TB Alliance. "The associated novel regimen will hopefully provide a shorter, more easily manageable and highly efficacious treatment for those in need."
- Categories
- Health Care
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Maxing Out Mexico: Credit Card System Comes to a Halt
Reuters’ witnesses in Mexico City said they had their cards declined at different stores and saw others that had put up signs informing customers that their payment systems were down. Twitter users outside the capital reported the same problems.
- Categories
- Finance
- Region
- Latin America
- Tags
- banking, cashless, credit, financial services
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Venture Capital Funds Led by People of Color Face More Bias the Better They Perform, Stanford Researchers Find
In their evaluations of high-performing venture capital funds, professional investors rate white-led teams more favorably than they do black-led teams with identical credentials, a new Stanford study finds.
- Categories
- Investing
Parent Organization
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News via @YahooFinance (link opens in a new window): @apolloglobal (link opens in a new window) Jumps Into #ImpactInvesting (link opens in a new window) With Plan to Raise $1 Billion:… https://t.co/L9tlqaNpnA (link opens in a new window) -
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Exciting news: #DataFest (link opens in a new window) 2019 is coming to #Kigali (link opens in a new window) on Aug. 22-23: Follow the journey of the teams competing for the… https://t.co/m1nlotaaX5 (link opens in a new window) -
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#Bangladesh (link opens in a new window) is taking strong action against climate change, with a goal of achieving 100% #RenewableEnergy (link opens in a new window) by 2050.… https://t.co/UUrJmmN3JA (link opens in a new window)