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Clean Power Finance ‘Falls’ in Emerging Markets
Overall, declining costs for solar and wind played a considerable factor in the fall in absolute dollar investment in emerging economies, the research found.
- Categories
- Energy
- Tags
- renewable energy
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IIM-B takes Goldman Sachs ‘10,000 Women in India’ initiative to Mumbai
MUMBAI: Indian Institute of Management Bangalore (IIMB) and Goldman Sachs has expanded the Goldman Sachs 10,000 Women initiative training for women entrepreneurs to Mumbai for its next cohort. “The expansion to Mumbai was a logical choice, given that it is the financial and commercial capital of India,” the premier management institute said in an official statement. IIM Bangalore and Goldman Sachs 10,000 Women have also received the second highest number of applications from Maharashtra, second only to Bengaluru, accounting for 15% of the applications received in the first three cohorts of the program, signaling a need for holistic training for women entrepreneurs in the region, the statement from the institute said.
- Categories
- Uncategorized
- Region
- South Asia
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Credit startup Migo expands to Brazil on $20M raise and Africa growth
After growing its lending business in West Africa, emerging markets credit startup Migo is expanding to Brazil on a $20 million Series B funding round led by Valor Capital Group.
- Categories
- Finance
- Tags
- fintech, venture capital
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These Are the Best Places in the World to be a Woman Entrepreneur
The United States has emerged as the best place globally to be a woman entrepreneur, according to a new report from Mastercard.
- Categories
- Uncategorized
- Tags
- gender equality
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Silicon Valley-Backed App Lenders Use Phone Data to Hassle Borrowers
Silicon Valley venture capital is funding a wave of fintech startups in India that use data from borrowers’ cellphones to collect on debts in ways that are illegal in both India and the U.S.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- fintech, lending, regulations
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Tech Giants Fight for Slice of Mobile Money Billions
The recent news that Google is partnering with Citigroup and the Stanford University Credit Union to launch Cache, a mobile payments service could be a game-changer for the financial technology sector.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance
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Africa Ripe for More Impact Investments, Says Report
“There is much need for impact investing in Africa to drive the continent to reach its full potential,” the report says, adding that impact investing can offer capital to tackle some of the greatest challenges across various sectors including microfinance, affordable healthcare and housing, agriculture and energy.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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A Country May Issue a Digital Currency in 5 Years
A new report says national digital currencies could mean greater financial inclusion, less financial crime and more efficient cross-border transmissions.
- Categories
- Finance
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