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Why This Wireless Company Is Exiting Africa and Doubling Down on Latin America
Millicom has telecom operations in Latin America and Africa, but its business today is mostly in Latin America. The company was founded in 1990 in partnership with European technology conglomerate Kinnevik Invest.
- Categories
- Technology
- Region
- Latin America
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Chinese Fintech Company Ant Financial Quietly Takes Stake in Vietnam’s eMonkey Amid Anti-China Sentiment
Alibaba affiliate Ant Financial has quietly acquired a sizeable stake in Vietnamese e-wallet eMonkey, sources say.
- Categories
- Finance
- Region
- Asia Pacific
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BRAC Founder Sir Fazle Hasan Abed Passes Away
"We will honour his legacy with the same resilience, dignity and humility that he has instilled in us."
- Categories
- Finance
- Region
- South Asia
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Young Chadians Seek to Solve Blackouts, Joblessness With Social Businesses
In Chad, where there is almost little to no local business, social entrepreneurs are taking on tasks such as lighting in a country where business laws are tough, investment scarce and entrepreneurship an idea that many don’t quite understand yet.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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India’s $62 Billion Sanitation Economy Is Fueling Entrepreneurs in Renewable Energy
The crisis is fueling a growing number of companies and “sanipreneurs” to cash in by finding ways to turn human waste into valuable resources, including renewable energy.
- Region
- South Asia
- Tags
- renewable energy
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Goldman Sachs Leads $15M Investment in Indian Fintech Startup ZestMoney
Bangalore-based ZestMoney announced it has raised $15 million from Goldman Sachs and existing investors Naspers Fintech, Quona Capital and Omidyar Network.
- Categories
- Finance
- Region
- South Asia
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Fintech in Brazil Vows to Prove Goldman, Morgan Stanley Wrong
“Given how much we’re growing, I think it’s heroic that we’ve been turning profits and are delivering the profitability levels we already do,” Menin said in an interview at Banco Inter’s Belo Horizonte headquarters. “I lose no sleep over the difference between our profitability and that of Brazil’s biggest banks.”
- Categories
- Finance
- Region
- Latin America
- Tags
- fintech
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Press Release: Shareholders to BlackRock: It’s Time to Walk the Talk, Implement Business Roundtable’s ‘Purpose of a Corporation’
Shareholders are demanding that companies exercise leadership on a broader range of environmental, social, and governance issues. They want company actions to be integrated with the BRT statement, not contradict it. For example, BlackRock is the largest investor in companies building new coal power capacity across the world with a total investment of more than $11 billion USD.
- Categories
- Investing
- Tags
- ESG, impact investing
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