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Google announces $1b commitment to tech education
The search giant said $10 million of the $1 billion commitment will be provided to Goodwill, a workforce development non-profit, to launch the Goodwill Digital Career Accelerator. It is the largest grant Google.org has awarded to a single organization, the company noted.
- Categories
- Education, Technology
- Region
- North America
- Tags
- nonprofits, philanthropy
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Grupo Financiero Santander México Launches “Tuiio” A Financial Inclusion Program For Low Income Individuals
"Tuiio", which will have its own operating model, infrastructure and brand, is a robust financial inclusion program that will leverage technology to support the needs of Mexico's low-income segment. It aims to generate measurable social impact through productive micro-lending, a digital savings account, its own branch network, staff, ATMs, point-of-sale terminals and electronic banking.
- Categories
- Finance
- Region
- Latin America
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Why is Asia lukewarm to sustainable investing?
Investors in Asia, a region made up of numerous emerging markets that have made economic growth a priority, typically take a shorter-term view on investments. Coupled with a lack of government initiatives to drive sustainable investing, Asian investors and their fund managers have lagged far behind their western counterparts in embracing “ESG investing” – the inclusion of companies’ environmental, social and governance performance as criteria in fund allocation decisions.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- ESG, impact investing
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Bitcoin’s rise in African markets is driven by an old Russian ponzi scheme
Cryptocurrency experts have touted the potential for their tech to transform the lives of some of the world’s most vulnerable populations: refugees, the unbanked, those living on less than a dollar a day. Yet the story of Bitcoin’s social impact is more complicated than the headlines portray.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Bharti Airtel to acquire Tata’s money-losing mobile unit for nothing
India’s telecoms market, with 1.2 billion mobile subscribers, is in the midst of a wave of consolidation as smaller debt-laden players seek exits after overspending in airwave auctions.
- Categories
- Technology
- Region
- South Asia
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Reserve Bank of India asks financial firms to make mobile wallets interoperable within six months
“In subsequent phases, interoperability shall be enabled between wallets and bank accounts through UPI. Similarly, interoperability for PPIs issued in the form of cards shall also be enabled in due course,” said the directive issued by RBI.
- Categories
- Finance
- Region
- South Asia
- Tags
- fintech
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Even Africa’s poorest countries are too expensive to be the world’s next manufacturing hub
In a bid to find out if African countries can “break into global manufacturing in a substantial way”, the researchers found factories in Africa were almost always more expensive to start and run. Looking at overall costs, small African firms were 39% more expensive than comparative firms elsewhere while medium and large firms were around 50% more expensive.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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British Council: US Social Enterprises Make Strides but Lag on Gender Equity
The report, done in cooperation with the US-based Social Enterprise Alliance, is titled “From an Activist to Entrepreneur: The role of social enterprise in supporting women’s empowerment in the US,” and is meant to be the first in a series of country studies.
- Categories
- Uncategorized
- Region
- North America
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