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Financing AI Transformation in LMICs: What Multilateral Development Banks Must Do Differently
Multilateral development banks have spent the last decade building the foundations of digital economies across low- and middle-income countries (LMICs), and the broadband networks, digital ID systems and other priorities they've financed are helping to make AI deployments in these markets possible. But as Kunal Walia at Dalberg Advisors explains, this funding often goes toward piloting individual use cases, expanding digital infrastructure or creating an enabling environment, rather than uniting these different components into holistic AI systems that aim to scale. He argues that multilateral development banks must rethink their approach to ensure that the infrastructure they've helped build can actually enable AI transformation.
- Categories
- Investing, Technology
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Analysis: How One VC Burns Through Hundreds of Millions of Tokens a Day to Find the Next Unicorn
For decades, investors backed startups by judging founding teams, products, and markets. But as AI advances at breakneck speed, many now believe they need a much deeper understanding of the technology itself — or risk missing breakthroughs that can create entirely new categories overnight.
- Categories
- Technology
- Region
- Asia Pacific
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Nigeria Launches an Ambitious National Digital Cloud Policy
The final phase will involve scaling government migration, expanding infrastructure, onboarding participating states, strengthening regional interconnection and increasing digital service exports.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Canva Africa, Paystack Partner to Equip Nigerian Entrepreneurs With AI-Powered Creative Tools
"Under the Paystack Small Business Bundle, eligible merchants will receive six months of Canva Business at no cost."
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Why We Should All Be Worried About AI in Elections
"The more important question is not what happens when AI generates a fake video of a candidate, but what happens when it is embedded in the systems that administer elections themselves — in procurement decisions, biometric voter-verification systems, and data-sharing arrangements."
- Region
- Global
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Report: The End of Manual Finance? AI Agents Are Coming for Startup Payments
As regional startups scale across currencies and regulations, autonomous payment systems could reduce back-office friction and improve working capital.
- Categories
- Finance, Technology
- Region
- South Asia
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CoreWeave Targets APAC With Plans for Three AI Data Centres in Indonesia
CoreWeave said that the move is a response to demand for AI cloud services accelerating in the Asia-Pacific region, and particularly in Indonesia.
- Categories
- Technology
- Region
- South Asia
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Interpol Report Finds AI Linked to More Than Half of Cybercrime in Africa
The 40-page report draws on survey data from 36 African member countries and highlights a defining shift: cyber-criminality has evolved from isolated incidents into an industrialized, borderless ecosystem.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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