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Uber is paying $3.1BN to pick up Middle East rival Careem
It says it will acquire all of Careem’s mobility, delivery, and payments businesses across the greater Middle East region, which it notes ranges from Morocco to Pakistan.
- Categories
- Technology
- Region
- North Africa & Near East
- Tags
- transportation
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Press release: OPIC’s 2x Women’s Initiative Surpasses $1 Billion Goal
Launched publically one year ago during Women’s History Month, OPIC’s 2X Women’s Initiative aims to unlock the multi-trillion dollar opportunity women represent by catalyzing investment in projects that support the world’s women. As part of the initiative, OPIC committed to mobilizing $1 billion to business and funds owned by women, managed by women, or providing a product or service that intentionally empowers women.
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MTN launches airtime recharge via WhatsApp
MTN South Africa has launched a new service on WhatsApp that allows its customers to check their balances, top up their airtime and buy data bundles without having to leave the Facebook-owned messaging app.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Alibaba, Tencent and other major names form $1.45B ride-hailing venture
The big pile of cash will go towards “car-sharing services powered by renewable energy,” an offering that nicely aligns with Beijing’s push to electrify the transportation sector
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Grab vs. Go-Jek: Inside Asia’s Battle of the ‘Super Apps’
In Southeast Asia, the super-app model is evolving more rapidly than anywhere else in the world.
- Categories
- Technology
- Region
- Asia Pacific
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Viewpoint: How to Evaluate Funds that Invest in Women
A growing amount of data show that ESG-focused investments can perform just as well or even better than traditional investments, letting people do good socially and financially.
- Categories
- Investing
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Matt Damon is on a Mission to End the Global Water Crisis
The water and sanitation crisis affects billions of people worldwide, and creates an impasse for economic growth in impoverished areas as people—primarily women and school-age children—spend hours each day scavenging for and collecting clean water. One in three people on earth lack access to a toilet, one of the more jarring statistics provided on Water.org’s website.
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U.S. Democrats push financial inclusion as 2020 election race heats up
Following the 2008 financial crisis, many banks pulled back from their poorest customers. The shift has had lasting costs for millions of Americans now struggling to access mainstream financial services such as checking accounts and credit cards.
- Categories
- Finance
- Region
- North America
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