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Building Inclusion Into the Investment Process: Four Steps for Addressing Bias Against Women Startup Founders
While overall global funding for startups grew in 2020, women founders received 27% less investment than the previous year. The problem is particularly troubling in emerging markets, where only 11% of seed funding went to companies with a woman on their founding team in 2019. Akansha Kasera and Malika Anand at BFA's Catalyst Fund discussed the issue with two female venture capitalists, Lexi Novitske from Acuity Ventures and Lelemba Phiri from Enygma Ventures: They share four steps the investment industry should take to boost gender equity and reduce bias against women startup founders.
- Categories
- Investing
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Timberland, Vans, The North Face to Develop Regenerative Rubber Supply Chain
The VF Corporation, which owns brands such as Timberland, Vans and The North Face, is partnering with a Thailand-based design consultancy to create the fashion industry's first regenerative rubber supply system.
- Categories
- Environment
- Region
- South Asia
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Africa’s Biggest Supermarket Chain Is Betting On Solar Power
Despite South Africa averaging more than 2,500 hours of sunshine a year, solar energy generates less than 1% of its electricity. By contrast, the UK produces 4% of its electricity from solar, with considerably less sunshine.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: Mastercard Furthers Support For Black Women Entrepreneurs With Multi-Million Dollar Investment in Fearless Fund, A Venture Capital Firm Built by Women of Color for Women of Color
To help further access to funding for Black women, Mastercard today announced a multi-million dollar investment in Fearless Fund, a venture capital fund built by women of color for women of color.
- Categories
- Investing
- Region
- North America
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Asian Food Delivery Company ‘Grab’ to Go Public In $40 Billion U.S. SPAC Deal
Asian ride-hailing and food delivery company Grab Holdings is going public in a special purpose acquisition company (SPAC) deal valued at $40 billion U.S.
- Categories
- Technology
- Region
- South Asia
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Press Release: Puma Energy Launches Solar Power Systems in Ghana
Puma Energy’s newly established Future Energies business launches 11 solar projects at its retail stations and a further three at Puma Energy’s terminals in Ghana. The solar power generation at 11 of the 14 sites is supported by battery storage.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Mastercard and Uber Extend Partnership to Boost Growth of Digital Economy in Middle East and Africa
Mastercard and Uber has announced extending their long-standing partnership with a new strategic initiative focusing on digital payments and advancing financial inclusions, facilitated by Mastercard across the Middle East and Africa (MEA).
- Categories
- Finance
- Region
- North Africa & Near East
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The COVID-19 Effect: Why Latin America Needs a Workplace Wellness Revolution – and How Technology Can Enable It
Remote work is growing in Latin America, as it is around the globe, and the COVID-19 crisis has accelerated this shift. But as Greg Mitchell of Angel Ventures explains, working from home combined with the stressors of the pandemic is causing increased anxiety and burnout for workers. He shares how many companies in the region are adopting digital solutions to support employee mental health — from on-demand counseling and monitoring services to apps and chatbots — and discusses the market potential for this burgeoning solution.
- Categories
- Coronavirus, Health Care, Technology
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