-
Alibaba executive chairman creates $10M African youth entrepreneur fund
Alibaba Group Executive Chairman Jack Ma launched a $10 million African Young Entrepreneurs Fund at the YouthConnekt Africa Summit. The fund is expected to be operational this year.
- Categories
- Investing
- Region
- Sub-Saharan Africa
-
Rural India Is Recovering From the Cash Ban
India’s micro-finance industry, which provides small loans to entrepreneurs and business owners who have little collateral, was slammed when the government withdrew high-denomination bank notes from circulation late last year in a bid to stamp out corruption.
- Categories
- Uncategorized
- Region
- South Asia
-
Mukesh Ambani has a four-letter strategy to win India’s telecom wars—free
“…there are more than 50 crore (500 million) feature phone users who have been left out of the digital revolution,” Ambani said at Reliance Industries’ annual general meeting in Mumbai, where he launched the JioPhone.
- Categories
- Technology
- Region
- South Asia
-
The Side Effect Of That New Malaria Drug? American Jobs
The researchers found that between 2007 and 2015, the U.S. government invested $14 billion in global health research and development. And that created 200,000 new American jobs and returned $33 billion to the U.S. economy.
- Categories
- Health Care
-
How open data can help the Global South, from disaster relief to voter turnout
In Africa, Latin America, Asia and beyond, hopes are high that access to data can help developing economies by increasing transparency, fostering sustainable development, building climate resiliency and the like.
- Categories
- Technology
- Tags
- data, global development
-
Opinion: The ethical argument against philanthropy
By offering philanthropists nothing but gratitude, we allow a huge amount of power to go unchecked.
- Categories
- Uncategorized
- Tags
- nonprofits, philanthropy
-
Advisory board on impact investing to drive SDGs
More than 550 people from 43 countries met in Chicago to discuss how to deploy sufficient private capital to fund the Sustainable Development Goals over the next 13 years. It was a ringing response to recent cries for nationalistic policies regarding the insufficiency of planetary resources.
- Categories
- Impact Assessment, Investing
-
Visa’s payment service stirs competition in Kenya’s mobile money market
A global payments firm Visa has taken the competition for mobile money service a notch higher with the launch of mVisa that enables Kenyans use mobile phones to transact cash and make payments. The rollout of the service will enable Kenyans make free domestic mobile money transfers using mVisa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.