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Just 2 companies control 50 per cent of India’s smartphone market
The year 2018 ended with just two companies together controlling around 50 per cent share of the India smartphone market.
- Categories
- Technology
- Region
- South Asia
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Press release: Financial Venture Studio Seeks Next Class of Seed-Stage FinTech Startups
Collectively, FVS partners have invested in and advised many of the fastest-growing and most successful fintech startups of the last decade. The Financial Venture Studio is designed to solve for fintech-specific issues the team has seen over the last several years.
- Categories
- Finance
- Tags
- digital finance, fintech, startups
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Bill Gates tweeted out a chart and sparked a huge debate about global poverty
I think the basic fact that we’ve made progress in recent decades is important. Politics and the global economy are dismal places, especially if you only see them through the lens of news coverage. It’s easy to become fatalistic.
- Categories
- Impact Assessment
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Amazon, Western Union debut PayCode to sell goods in emerging markets and let shoppers pay in cash
Amazon has partnered with Western Union to set up a service called PayCode, which lets people shop and pay for Amazon items using local currencies that would not have been accepted on the site before, starting with services in 10 countries.
- Categories
- Finance
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Viewpoint: The WFP and Palantir controversy should be a wake-up call for humanitarian community
The partnership raises serious issues that must be addressed by WFP — who appear to be taking the right steps toward transparency. But this controversy is bigger than just one private sector agreement by one agency — and it should serve as a challenge and an opportunity for the entire humanitarian sector.
- Categories
- Technology
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Salesforce Builds $50 Million Impact Investing Portfolio
Suzanne DiBianca, chief philanthropy officer and executive vice president of corporate relations at Salesforce, was among the first employees at the company and has championed social impact from the beginning. Building a $50 million impact investing portfolio is her latest initiative.
- Categories
- Investing
- Tags
- impact investing
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Ethiopia’s plan to privatize and split up its mobile phone monopoly won’t be as easy as it looks
With over 100 million people, Ethiopia has had one of the world’s fastest-growing economies for years now. Yet the landlocked nation has remained poor, with a per capita income below $800, according to the World Bank. Its journey to become a lower-middle-income nation by 2025 has also been hampered, and currently ranks 167 out of 190 in the ease of doing business.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Press release: New €200 million impact fund launched to scale agribusiness in developing countries
Small scale farming is one of the biggest industries in the world, with 500 million small farms and 2.5 billion people relying on small scale farming on a daily basis. The demand for impact investing in rural agriculture is growing as investors strive to end poverty and hunger to support the UN’s Sustainable Development Goals. The ABC Fund will also focus on creating employment, particularly for young people in Africa, to offer them an alternative to migration.
- Source
- Press release
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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