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Regulatory Roadblocks are Holding Blended Finance Back: Here are Three Concrete Ways to Address Them
After hitting a 10-year low in 2022, blended finance flows bounced back to a five-year high of $15 billion in 2023. But despite this renewed momentum, Andrew Apampa at Convergence points out that blended finance faces a number of challenges that hinder its ability to scale — including the complex web of policies and regulations that deter highly regulated financial institutions from investing in emerging markets. He discusses these obstacles and presents some promising solutions, as outlined in Convergence’s State of Blended Finance 2024 report.
- Categories
- Investing
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Prembly Onboards IDVerse to Expand Global Identity Infrastructure and Pan-African Position
The integration of IDVerse’s identity tools into Prembly’s data infrastructure powers greater reach and automation for emerging markets to transact on a global basis.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Nigeria Fines Meta $220 Million for Violating Data Protection and Consumer Rights Laws
Nigeria's government has fined Meta $220 million after its investigations found “multiple and repeated” violations of the country’s data protection and consumer rights laws on Facebook and WhatsApp.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Profit with Purpose: How Women-Inclusive Business Practices Drive SME Success
Small- and medium-sized enterprises (SMEs) presents a significant untapped opportunity to advance gender equality in low- and middle-income countries.
- Categories
- Investing
- Region
- Global
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Report: AI’s Potential in African Agriculture, Energy and Climate Action – GSMA
A new GSMA report puts forward the huge potential for artificial intelligence (AI) to support Africa's socio-economic growth.
- Categories
- Agriculture, Energy, Environment
- Region
- Sub-Saharan Africa
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Report: Gender Power Imbalances Shape Women’s Lives in Africa
In four out of five countries, fewer say women are treated with respect and dignity.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- data, gender equality, gender lens, research
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Skincare E-commerce Startup Uncover Raises $1.4 Million to Expand Into Ghana and Uganda
The company distributes these skincare products through its e-commerce platform and retail partnerships with pharmaceutical chains like Goodlife and Medplus in Kenya and Nigeria.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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OpenAI Cuts Its Last and Most Important Link to China
On July 9, developers in China will lose API access to all OpenAI platforms, the final step in a slow process of cutting off the country’s access to U.S.-based machine learning tools.
- Categories
- Technology
- Region
- Asia Pacific
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