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Ripple Donates $10 Million To Mercy Corps To Accelerate Financial Inclusion in Emerging Markets
Ripple, an enterprise blockchain solutions for payments, has announced a $10 million USD contribution to Mercy Corps to expand financial inclusion and increase economic empowerment globally.
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ShopUp Raises $22.5 Million To Digitize Millions of Mom-and-Pop Shops in Bangladesh
A startup that is aiming to digitize millions of neighborhood stores in Bangladesh just raised the country’s largest Series A financing round.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Catalyst Fund, Mastercard Foundation, MEST Launch $4.3 Million Inclusive Digital Commerce Accelerator in Ghana
Catalyst Fund has partnered the Mastercard Foundation and MEST to launch its Inclusive Digital Accelerator programme in Ghana, the first expansion of its flagship inclusive fintech programme.
- Region
- Sub-Saharan Africa
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‘India’s Impact Enterprises Face Issues Accessing Debt’
A report by IIC analysed the balance sheets of 422 leading impact enterprises to gauge their creditworthiness and estimate the gap between their current debt and their potential to absorb more
- Region
- Asia Pacific
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MIT D-Lab and Upaya Social Ventures Announce Collaboration To Support Women-Led Startups in India
The 2021 Scale-Ups Accelerator, developed in collaboration between MIT D-Lab and Upaya, will prepare women entrepreneurs for investment and pilot new methods to address gender financing gap.
- Categories
- Investing
- Region
- Asia Pacific
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COVID-19 Has Resulted in Largest Global Economic Contraction in 80 Years, Say World Bank and IMF
The World Bank and the International Monetary Fund said the global economic contraction caused by the ongoing coronavirus pandemic is the largest in the last eight decades, raising the world poverty rate, exacerbating inequalities and damaging long-term economic growth prospects.
- Categories
- Coronavirus, Investing
- Region
- Asia Pacific
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Press Release: DFC Announces New Global Development Strategy To Catalyze $75 Billion by 2025
DFC aims to maximize global development impact and deploy new technologies, while continuing to support the response to the COVID-19 pandemic.
- Categories
- Energy, Finance, Investing, Technology, WASH
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Press Release: Global Agriculture and Food Security Program Donors Announce $300 Million To End Hunger and Malnutrition
Today during the launch of the Global Agriculture and Food Security Program (GAFSP) Replenishment Period 2020-25, hosted by the German Federal Ministry of Economic Cooperation and Development (BMZ), donors increased their contributions to achieve Sustainable Development Goal 2 (SDG2) – a world with zero hunger.
- Categories
- Agriculture, Coronavirus, Investing