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OPIC Announces $3.8 Billion in New Commitments in Fiscal Year 2017
The Overseas Private Investment Corporation (OPIC) today announced it committed $3.8 billion in financing and insurance across 111 new projects in fiscal year 2017 to support economic development in emerging markets.
- Categories
- Investing
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The Pope Wants Vatican Startups to Fix Climate Change
A year ago, venture capitalists Stephen Forte of Fresco Capital Fund and Eric Harr of Imagine Ventures -- both based in California -- asked the Vatican to back a technology competition among startups addressing climate change, energy and managing resources.
- Categories
- Energy, Technology
- Region
- Europe & Eurasia
- Tags
- climate change
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Viewpoint: Climate Change And Global Poverty Can Only Be Solved Together
While it is entirely appropriate that leaders of developing countries seek to raise their citizens’ standard of living and develop their economies, they must avoid emulating China in order to avoid the worst effects of climate change and local pollution.
- Categories
- Environment, Technology
- Region
- Asia Pacific
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Low Level of Financial Inclusion Threatens the Indonesian Economy
The low level of financial inclusion in Indonesia is not good for the economy. The central bank of Indonesia (Bank Indonesia) said it could encourage further growth of the shadow economy. This could then jeopardize Indonesia's financial system stability. Being unrecorded, the shadow economy could trigger sudden shocks within the economy.
- Region
- Asia Pacific
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IFC, MasterCard study to boost financial inclusion
The study, part of Sh3.85 billion ($37.4 million) Partnership for Financial Inclusion initiative by the IFC and the MasterCard Foundation, focused on Cameroon, Democratic Republic of Congo, Senegal and Zambia.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Study: Access to mobile phones won’t magically fix youth unemployment in Africa
In reality the extent to which the mobile phone can support and sustain real improvement in young lives is depressingly finite unless significant interventions occur – particularly in the education and technology sectors.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- employment, youth
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Impact investing: A $250 billion game-changer for finance
Making money is the lifeblood of Wall Street. Making the world a better place not so much. Now that's starting to change, as some of the biggest names in finance adjust their businesses to reflect growing demand for impact investments.
- Categories
- Investing
- Region
- North America
- Tags
- impact investing
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This Company Delivers Reproductive Health Products Directly To Women In The Developing World
In Rwanda, many women face obstacles to accessing necessary health and hygiene products, like pregnancy tests and birth control. For some, they’re just not available where they live. For others, lingering stigma and shame around sexuality make venturing out to buy them in public a daunting proposition.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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