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TikTok Makes Education Push in India
The social platform, which is used by more than 200 million users in India every month, said its education program is aimed at “democratizing learning for the Indian digital community on the platform.” (TikTok had 120 million monthly active users in April this year.)
- Categories
- Education, Technology
- Region
- South Asia
- Tags
- edtech
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Mastercard and Rabobank Roll out Financial Inclusion Platform for Farmers in Emerging Markets
Many smallholder farmers in these countries have limited access to market information, finance and management skills, leading to insecurity, inefficiencies and unsustainable business practices. Through the platform, farmers can connect with potential buyers, access mobile payment tools, and build a digital transaction record that can be used to access formal credit from a financial institution.
- Categories
- Agriculture, Finance
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Future Returns: Impact Investing in Latin America
Latin America, a region of over 630 million people, has emerged as a space for impact investors to seek market-rate returns.
- Categories
- Investing
- Region
- Latin America
- Tags
- impact investing
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Southeast Asia’s Booming Internet Economy to Boost Fintech Growth
In the e-Conomy SEA Report 2019, released earlier this month, the companies say that the region’s Internet economy has hit a new milestone, reaching US$100 billion for the first time this year, corresponding to a 39% increase from 2018. The sector is on track to hit US$300 billion in 2025, the report says.
- Categories
- Technology
- Region
- Asia Pacific
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Press Release: Clean Energy Ventures Launches $110 Million Early-Stage Venture Fund for Clean Energy Innovation
Clean Energy Ventures (CEV), an investor in early-stage advanced energy start-ups, today announced the close of its first fund. The $110 million Clean Energy Venture Fund targets the current capital gap for seed and early-stage investments in promising advanced energy innovations. CEV will focus on technologies and business model innovations in the U.S. and Canada that are ready to be scaled and commercialized, and that have the potential to significantly mitigate global greenhouse gas emissions.
- Categories
- Energy
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Sallie Krawcheck’s Ellevest Launches Women-Focused Impact Investment Platform
Krawcheck, who previously served as CEO of Merrill Lynch Wealth Management, Smith Barney and chief financial officer of banking giant Citigroup, said cutting-edge financial technology tools and the heightened awareness of socially conscious investors make it possible to offer clients choices on such a granular level.
- Categories
- Investing
- Region
- North America
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Press Release: VentureBuilder Launches Innovative Approach to Support Indigenous Off-Grid Solar Companies in Africa
Mandated with expanding energy access to underserved populations in Africa, VentureBuilder’s launch will enable it to pioneer a new investment model that provides ‘patient’ early-stage capital to its local partners across Africa, combined with a specialized suite of technical expertise that will accelerate each partner’s path to scale.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Viewpoint: The Upside to Facebook’s Libra Disaster
If Facebook really wants to bring financial services to the “unbanked,” it should try doing it on a smaller scale than these companies’ presence promised. And even then, the probability of failure will be high.
- Categories
- Finance
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