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Report: Digital Will Influence $4 Trillion in Retail Purchases in Emerging Markets by 2022
Half of the population in emerging markets worldwide is now connected to the internet, the report says—a stunning increase from 2010, when fewer than a quarter of those in emerging markets were online. In addition, by 2022, nearly 900 million more emerging-market consumers will be online, versus just 80 million new internet users in developed markets.
- Source
- Press release
- Categories
- Technology
- Tags
- e-commerce
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Viewpoint: AI has far-reaching consequences for emerging markets
The US and China are predicted to capture about 70 per cent of the estimated US$15.7 trillion in wealth that AI will generate globally by 2030.
- Categories
- Technology
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Press release: Go Beyond Investing and Bamboo Capital Partners agree strategic partnership
Christopher Rolfe, CEO at Go Beyond Investing, said: “At present, there is an untapped opportunity in the European market to invest in early stage companies that have the potential to grow significantly if given the necessary and appropriately timed investment. Through our partnership with Bamboo, we are aiming to capture these compelling opportunities and to increase the capital available to entrepreneurs."
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- Press release
- Categories
- Investing
- Region
- Europe & Eurasia
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Press release: FMO Investment Propels Meloy Fund Past $22 Million for Sustainable Coastal Fisheries
“FMO is proud to join the Meloy Fund and contribute to the creation of economic opportunities for small-scale fisheries in Indonesia and The Philippines” said Maurice Scheepens, Investment Officer of the Agri, Food & Water department at FMO. “The partnership with Rare, which provides amongst others technical expertise and networks, ensures that inclusive development is linked with the conservation of critical marine habitat.”
- Source
- Press release
- Categories
- Environment, Investing
- Region
- Asia Pacific
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Africa’s Jumo raises $52M led by Goldman to bring its fintech services to Asia
Jumo launched in 2014 and it specializes in social impact financial products. That means loans and saving options for those who sit outside of the existing banking system, and particularly small businesses. it claims to have helped nine million consumers across its six markets in Africa and originated over $700 million in loans.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, venture capital
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Press release: ICMIF and CIC launch new project to cover over 250,000 Kenyan farmers with livestock microinsurance
Tom Gitogo, Group CEO, CIC confirms the proposed impact of the project: “Over the next five years, we plan to issue over 250,000 livestock microinsurance policies to previously uninsured low-income farmers, equating to 500,000 cows insured. CIC will scale up our livestock microinsurance product by partnering with dairy cooperative associations as part of a holistic approach to improving the lives and livelihoods of low-income farmers and their families”.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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How Bill Gates, a valley full of snakes and one entrepreneur took on a deadly disease
The vaccine has made waves as a case study for global health solutions created in and by developing countries, with help from a network of international powers. It’s also getting attention for its incredibly low price: just $1 a dose.
- Categories
- Health Care
- Region
- South Asia
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Press release: MoneyGram Launches Money Transfer Service to all Mobile Wallets in Ghana
"This is an important milestone for MoneyGram in Ghana as we're now offering real-time, seamless service to our customers and giving them more choices about how to receive their funds – at a physical location, directly to a bank account or a mobile wallet," said Grant Lines, MoneyGram's chief revenue officer. "Giving consumers the flexibility to choose between digital and cash pick-up is, and will continue to be, a competitive advantage for the company."
- Source
- Press release
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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