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Press Release: Pacto Closes US $4 Million Seed Funding to Grow Restaurant Point of Sale and Payments Software in Mexico City
With its cloud-based software and a range of payment options, Pacto is helping restaurants and bars manage their operations and grow their revenue and tips.
- Categories
- Technology
- Region
- Latin America
- Tags
- data, digital inclusion, innovation, MSMEs, startups
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African Development Bank, Partners Invest $618 Million to Grow Nigeria’s Creative Enterprises
The African Development Bank and some partners have officially launched a new Investment in Digital and Creative Enterprises (iDICE) programme.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Bringing Agricultural Insurance to Climate-Vulnerable Farmers: A Unique Pilot Program in Nepal Shows How to Unlock the Benefits of Index-Based Insurance for Smallholders
Nepal's topography and climatic conditions make it uniquely prone to natural disasters. As Maria Perdomo at UNCDF explains, these disasters threaten the country's economic development, and smallholder farmers and rural women are disproportionately affected. She discusses a UNCDF pilot program that brought agricultural insurance coverage to Nepali smallholders, and shares learnings from the program that could inform efforts to deliver insurance to farmers in other climate-vulnerable countries in Asia and beyond.
- Categories
- Agriculture, Environment, Finance
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UPS to Spend Up to $20 Million on Its First India Tech Centre
This tech center is the first of its type that the Georgia-based logistics giant is setting up in the South Asian region.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- digital inclusion, scale
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Enstack Raises $3 Million to Help Digitize SMEs
The funding round will support its goal of digitizing small and medium enterprises (SMEs) in the Philippines and across Southeast Asia.
- Categories
- Technology
- Region
- South Asia
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Addressing India’s Economic Achilles Heel: Leveraging Trade and Digitalisation to Boost Women’s Labour Force Participation
India will soon become the world’s most populous country and third-largest economy, and it is a bright spot in an otherwise gloomy global economic forecast. But as international development consultant Abhirup Bhunia points out, the labour force participation rate for women in India is just 24% — far lower than most countries. He argues that India will not realize its potential if women’s economic participation fails to increase, and explores how the country can leverage international trade and digitalisation to empower women to drive its emergence as a global economic powerhouse.
- Categories
- Finance, Technology
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Google Commits $4 Million For Black Founders Fund In Africa, Europe
Google has announced the opening of applications for the third cohort of its Black Founders Fund for Startups in Africa and Europe.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: IFC Invests in Vinci Partners’ New Fund to Support the Growth of Medium-Sized Companies in Brazil
IFC is investing in Vinci Capital Partners IV to support the growth of medium-sized enterprises, which are key to job creation, increased productivity, and sustainable development in Brazil.
- Categories
- Impact Assessment, Investing
- Region
- Latin America