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US pension fund TIAA buys stake in social impact investor Aavishkaar-Intellecap
Pension fund Teachers Insurance and Annuity Association of America (TIAA) has invested around $32 million (Rs 230 crore) for about 20% stake in social impact investor Aavishkaar-Intellecap Group.
- Categories
- Investing
- Region
- South Asia
- Tags
- ESG, impact investing
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East Africa region slips in financial inclusion
Globally, Uganda and Kenya have dropped sharply among the 55 surveyed countries, the report shows.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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What cloud computing is doing for emerging markets
Software development is starting up in countries previously unassociated with information technology, providing an opportunity for economic growth in emerging markets.
- Categories
- Technology
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UNICEF Backs Blockchain Projects, Bitmain Shutters Israeli Development Center
The organization, which is the charity effort of the United Nations for children, is reportedly putting $100,000 toward the effort.
- Categories
- Technology
- Tags
- blockchain, cryptocurrency, startups
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12 social enterprises share $2m Google Impact Challenge prize
Google has announced winners of the maiden edition of its Google Impact Challenge in Nigeria, where 12 non-profits and social enterprises shared $2m in grant funding.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Small Loans Help Increase Rice Yield In Bangladesh, Study Shows
Microfinance institutions have a positive impact on farmers, allowing them to adopt high-yield rice varieties and increase their farming output, researchers say.
- Categories
- Agriculture, Finance
- Region
- South Asia
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Women will be left behind by mobile education—just like everything else
Women globally aren’t afforded the same access to technology as men. Sure, there’s been progress: 830 million young people are now online, but there’s still a ways to go. Today, over half the world’s population is still offline, with global internet penetration only slated to break 50% by mid 2019.
- Categories
- Education, Technology
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Emerging Cities Could Collect $29.4 Trillion In ‘Climate Cash’
Cities can lead the way for global actions to mitigate climate change, according to the International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets.
- Categories
- Energy
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