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African Entrepreneurs Invited to Apply For MIT-Based Fellowship
The Legatum Centre for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT) has launched the inaugural Legatum Foundry Fellowship to support entrepreneurs in Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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10 Financial Literacy Solutions Receive Grants, Support From Nationwide Innovation Challenge
Ten financial literacy innovations were awarded grants and support from PhilDev Foundation and Cebuana Lhuillier Foundation, Inc. (CLFI) to boost financial literacy in underserved communities in the Philippines.
- Categories
- Finance
- Region
- South Asia
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Analysis: Twitter Ban Will Harm Nigeria as a Technology Investment Destination
In recent years Lagos, Nigeria’s biggest city, has become Africa’s most attractive tech hub for investors. But that could be imperilled by the government’s decision to suspend Twitter’s operations in the country.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: DFC, IFC, Proparco, and DEG to Support COVID-19 Vaccine and Pharma Manufacturing in Africa
To strengthen Africa’s vaccine and pharmaceutical development and to accelerate the continent’s recovery from the COVID-19 pandemic, the International Finance Corporation (IFC), Proparco, the German Development Finance Institution (DEG) and the U.S. International Development Finance Corporation (DFC) today announced a partnership to support vaccine manufacturing in Africa.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
- Tags
- manufacturing, vaccines
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Press Release: 9 in 10 Want Flexible Pay: Impact of Earned Wage Access Revealed in a New Study From Wagestream, 60 Decibels
The impact of Earned Wage Access—whereby employers remove extended, locked pay cycles and return to more flexible pay cycles—has been revealed, in the industry’s first in-depth impact assessment.
- Categories
- Impact Assessment
- Region
- Global
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Analysis: Despite Coronavirus, Healthcare Investment Continues to Grow in Africa
Investment in Africa's healthcare sector is crucial as private provision accounts for approximately half of healthcare goods and services delivered. The private sector often fills gaps left by public services, according to research by the IFC.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
- Tags
- innovation
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Pahal Financial Services Raises $5 Million USD From WaterEquity
Business Wire India Ahmedabad-based Microfinance Institution, Pahal Financial Services Pvt. Ltd., recently raised debt capital worth 5 million US dollars from WaterEquity, a USA-based impact investment asset manager.
- Region
- Asia Pacific
- Tags
- impact investing
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Uruguayan Unicorn’s $10 Billion Nasdaq Float Shows Rising Power of Latin American Tech
South America is slowly emerging as a hotbed for fintech innovation. The world’s arguably biggest challenger bank NuBank hails from Brazil and is rumoured to be gearing up for a public listing in the US.
- Categories
- Finance, Technology
- Region
- Latin America
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