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Press Release: Bangladesh-Based Clean Energy Firm SOLshare Successfully Closes US$1.1M Financing Round With Support From IIX Impact Partners
IIX Impact Partners – the world’s most successful debt and equity crowdfunding platform for impact investing – has supported Bangladesh-based off-grid solar energy firm SOLshare in closing a US$1.1 million financing round. Investors include innogy New Ventures LLC – the venture capital investment arm of the German utility firm innogy SE— the investment arm of Portuguese utility firm EDP Ventures, as well as new angel investors from around the world. Funding will be used to bring smart solar microgrids to off-grid, underserved communities in Bangladesh, putting SOLshare on track to positively impact 2.5 million people by 2023.
- Categories
- Energy, Finance, Technology
- Region
- Asia Pacific
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Viewpoint: Low Internet Access Is Driving Inequality
Covid-19 and the great lockdown triggered a mass migration from analog to digital and highlighted that access to the Internet is crucial for socioeconomic inclusion.
- Categories
- Coronavirus, Technology
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Press Release: Developing Countries Could Lose Out as Automation Competes With Low-Cost Labour
The COVID-19 pandemic will accelerate the rise of industrial automation and enable manufacturers in developed countries to compete with low-cost labour in the developing world; multinational corporations are already considering repatriating some manufacturing production as a result of the unprecedented disruption the pandemic has caused to global value chains; developing countries must respond by developing local industrial capabilities with new technologies and skills that will allow them to become more integrated into world trade.
- Categories
- Coronavirus, Technology
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India Bans 59 Chinese Apps Including TikTok, Helo, WeChat
The government said the applications are engaged in activities “prejudicial to sovereignty and integrity of India, defence of India, security of state and public order.”
- Categories
- Technology
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Viewpoint: Investing in Digital Agriculture Can Help Africa Beat This Pandemic
We need to bridge Africa's data gap to strengthen food, health and economic security, and overcome a predicted continent-wide recession
- Categories
- Agriculture, Coronavirus, Technology
- Region
- Sub-Saharan Africa
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Money Experience Named as Hybrid Learning Resource for Impact Global Education’s Flexible Higher Education Solution
Impact Global Education's new program, Domain, marries experiential, place-based and online learning to add value to higher education
- Categories
- Education, Technology
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How Fintech Khalti Is Empowering Women in Nepal
Khalti means “pocket” in Nepali, and it also refers to the popular e-wallet, mobile payment gateway, and digital service provider in the former kingdom of Nepal.
- Categories
- Technology
- Region
- Asia Pacific
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Coronavirus Has Upended Payments and Fintech Investing
The payments industry has been in a state of disruption for years, with new technology, greater flexibility and customer experience improvements defining the past decade of innovation. The COVID-19 pandemic all but guarantees an accelerated adoption of new payments technology, both online and in physical stores, but the trajectory of new solutions is going to pivot according to the new pandemic reality. Over the next few years, we’re going to see fintech investments evolve accordingly.
- Categories
- Coronavirus, Finance, Technology
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