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The CEOs of Nearly 200 Companies Just Said Shareholder Value Is No Longer Their Main Objective
The Business Roundtable, a group of chief executive officers of nearly 200 major U.S. corporations, issues a statement with a new definition of the “purpose of a corporation.” Investing in employees, delivering value to customers, dealing ethically with suppliers and supporting outside communities are now at the forefront of American business goals.
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In Sierra Leone, New Kiva Protocol Uses Blockchain to Benefit Unbanked
The National Civil Registration Commission developed the national digital identity platform with support from Kiva, a nonprofit organization based in San Francisco that allows people to lend money to low-income people around the world, as well as the United Nations Capital Development Fund and the United Nations Development Programme.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Private Equity in Senegal Gets Jump-Start With State-Backed Fund
The fund will target mid-sized companies in industries spanning from agriculture to healthcare by providing mezzanine finance, which is typically a combination of debt and equity.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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The World Bank Is Still Loving Its Blockchain-Powered Bonds
The World Bank’s blockchain-based bond wasn’t just a one-hit wonder.
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WhatsApp in Talks to Launch Mobile Payments in Indonesia
Indonesia could become the second country worldwide where WhatsApp introduces such services, as it awaits regulatory approval from India, its biggest market by users, that has been delayed due to local data storage rules.
- Categories
- Finance
- Region
- Asia Pacific
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Why More Tech Companies Are Launching ‘Lite’ Apps
With 6.47 billion people living in developing economies, there’s a lot of potential for technology firms to tap on — but they need to take a different approach because of technological limitations, according to analysts.
- Categories
- Technology
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Fintech Deals in Indian Startups Surpass China Despite a Lending Slowdown
China saw deals drop to five-quarter low of 15 deals, down 81% from Q2 of calendar year 2018. However, broader deal-making across the globe has been relatively flat this year.
- Categories
- Finance
- Region
- South Asia
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Study: Investors Want ESG, but Advisors Are the Missing Link
“Financial professionals have a huge opportunity in front of them to proactively discuss ESG investing with clients,’ said Todd Hedtke, chief investment officer for Allianz Investment Management, in a statement. “It’s important to work with them to identify what issues are important and help them build their portfolio in a way that reflects their values.”
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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