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Mastercard Launches Strive: a Global Small Business Initiative to Accelerate Economic Recovery
This program builds on lessons learned and a body of work developed as part of Mastercard’s long-term focus on financial inclusion”
- Categories
- Coronavirus, Finance
- Region
- Global
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Alibaba-Backed eWTP Fund Enters Indonesia by Joining Insurtech Startup Fuse’s Series B Round
eWTP, an Alibaba-backed fund based in China, aims to tap startup opportunities in emerging markets.
- Categories
- Technology
- Region
- South Asia
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This Neobank for India’s Small Businesses Just Raised $31 Million Led by Sequoia Capital
FloBiz, focused on small and medium businesses in India, has raised $31 million in a Series B funding round, led by venture capital firm Sequoia Capital India, along with Think Investments.
- Categories
- Finance
- Region
- Asia Pacific
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Palmetto Pledges $5 Million to Women’s Solar Training in Africa
Under “Get Solar, Give Solar,’ Palmetto has pledged a $5 million, multi-year commitment to offer significant support for Solar Sister’s core operation.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Report: Dozens of Nations Might Struggle to Fund Health After COVID-19
Many lower-income and other nations will be unable to maintain pre-pandemic levels of financing for their health systems, as the COVID-19 crisis forces cutbacks on government spending overall, the World Bank warned in a report.
- Categories
- Coronavirus, Health Care
- Region
- Global
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The Climate Pledge Announces 86 New Signatories, Including Procter & Gamble, HP, and Salesforce, Signaling Their Commitment to Achieving Net-Zero Carbon by 2040 or Sooner
Together, Pledge signatories generate over $1.8 trillion in global annual revenues and are expected to collectively mitigate 1.98 billion metric tons of carbon emissions annually by 2040 from a 2020 baseline
- Categories
- Environment
- Region
- Global
- Tags
- climate change
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External Review Finds Deeper Rot in World Bank ‘Doing Business’ Rankings
The World Bank on Thursday said it would cancel the "Doing Business" series by law firm WilmerHale that found senior World Bank leaders, including Kristalina Georgieva, who now heads the International Monetary Fund, pressured staff to alter data to favor China during her time as World Bank CEO.
- Categories
- Uncategorized
- Region
- Global
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Malaysia-Based Socar Raises US $55 Million in Series B Funding Round From New Investors EastBridge Partners, Sime Darby
SOCAR plans to use the funding to support continuous tech enhancements, the introduction of clean mobility initiatives, and further development of its P2P car-sharing marketplace TREVO.
- Categories
- Investing, Technology, Transportation
- Region
- South Asia
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