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China is outpacing and outspending the U.S. on global development
China doubled its diplomacy budget over the last five years, proposing to increase its foreign affairs budget by 15 percent in 2018 alone, at the same time that the United States considers proposals to cut its funding for diplomacy and development by 30 percent.
- Region
- Asia Pacific
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Purdue to be part of a $70 million consortium for global development
United States Agency for International Development, or USAID, is giving that $70 million over the next five years, contingent on congressional authorization. The agency aims for the consortium to fund research that can translate promptly and effectively into real-life solutions.
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Paystack, with ambitions to become the Stripe of Africa, raises $8M from Visa, Tencent… and Stripe itself
Paystack, a Stripe-like startup out of Lagos that provides online payment facilities to merchants and others by way of an API and a few lines of code, is announcing that it has raised $8 million in a Series A round of funding.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech, startups
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The battle for Africa: Can Cardano (ADA) Overpower the World’s First Mobile Money Payment System?
The blockchain is perfectly poised to take over developing markets in Africa, Central Asia, South America and other developing areas as the Cardano blockchain offers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Why Indian startups are set to open new frontiers with emerging tech
Today, India is the third-largest hub for technology startups. Indian startups such as online retailer FlipKart, ride-hailing app Ola and digital payments company Paytm have become global household names, attracting not only interest from financial institutions but also from Fortune 500 companies.
- Categories
- Technology
- Region
- South Asia
- Tags
- startups, venture capital
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Google For India: Big push for regional languages, financial inclusion
Google for India: Google rebrands Tez payment app as Google Pay with deeper integration with online and offline retailers as well as access for instant loans via the Bhim UPI.
- Categories
- Finance, Technology
- Region
- South Asia
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Interest in Cryptocurrencies on the Rise in Latin America
In hyperinflation-crippled Venezuela, privacy-focused cryptocurrency Dash is rising in popularity among locals with some 200 merchants and thousands of wallet downloads per month.
- Categories
- Finance, Technology
- Region
- Latin America
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Press release: New project to boost agribusiness, youth employment in Kenya
Vijabiz aims to promote innovative, attractive and sustainable employment for youth by providing training, coaching and mentoring in the entrepreneurship and business skills needed to develop and run successful agricultural enterprises. The initial focus will be on cereals, dairy and fishery value chains.
- Source
- Press release
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- employment, youth
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