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Apple brings Alibaba-linked payment system into China stores amid market push
Apple Inc will accept Chinese mobile payment app Alipay in its local stores, boosting its ties with giant e-commerce firm Alibaba Group Holding Ltd amid a push by the iPhone maker to revive growth in the world’s No.2 economy.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- digital payments, fintech
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Press release: World Tokenomic Forum Launches a Revolutionary Social Enterprise Venture Fund for Blockchain Related Technologies
World Tokenomic Forum is innovating the social enterprise venture fund model with its Sandcastle Social Enterprise Fund focused on early stage, protocol and decentralized application investments for cybersecurity, infrastructure, identity, payments, and social impact companies.
- Categories
- Technology
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Prince Charles launches education impact bond for India
Britain's Prince Charles has launched a new 10-million-dollar Development Impact Bond (DIB) to help improve education for over 200,000 children in India.
The DIB, the largest bond of its type in South Asia, is the latest fundraising initiative by the British Asian Trust (BAT), set up by the royal 10 years ago to fight poverty in South Asia.- Categories
- Education
- Region
- South Asia
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Global green bonds set to hit record levels; India to lead emerging markets
“Developed market banks and corporates will remain active issuers, with emerging market issuers, sovereigns and municipals, and green secularisations providing important engines of growth,” it added. Further, the report observed that China and India “will be the leaders among emerging markets”.
- Region
- South Asia
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Social Enterprise Bean Voyage Giving Women Farmers More Control, More Income
A young social enterprise nonprofit called Bean Voyage is seeking to dramatically increase the incomes of women farmers by cutting middlemen from the supply chain, improving quality and leveraging an e-commerce platform for sales in key consumer markets.
- Categories
- Agriculture
- Region
- Latin America
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Record-Breaking 2017 Closes Gap Between Impact And Return-Driven Investing In Africa
African startups had a record-breaking 2017 when it came to fundraising, securing a total of $195 million, according to the recently released Disrupt Africa African Tech Startups Funding Report.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Abraaj Capital, LPs at odds over fund misuse, investments
According to a report in The New York Times, the PE firm has informed the LPs of its healthcare fund that the hospital operator’s pre-tax earnings have declined from $14 million to $8 million. Abraaj hasn’t marked down the value of its investment to reflect lower earnings, the report said.
- Categories
- Investing
- Tags
- ESG, impact investing
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Press release: Response to statement attributed to the Permanent Secretary of Education
Bridge schools have become a lightning rod in a national conversation between the Ugandan Government and school operators over licensing. There are 1,300 schools and thousands of children across the country affected by this issue. An issue that has been debated in parliament, in our national media and by communities. We believe that it is important that the conversation is constructive and that schools that have followed the licensing process as outlined by the Ministry and have submitted the necessary files are able to operate and continue the important work of educating Uganda’s children.
- Categories
- Education
- Region
- Sub-Saharan Africa
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