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Filling Critical Gaps, a Foundation Looks to Realize the Promise of Opportunity Zones
In March, Kresge committed $22 million of that to backing two established fund managers—Boston-based Arctaris and Ft. Lauderdale-based Community Capital Management (CCM)—to anchor their Opportunity Zone Funds. Together, the fund managers are expecting to raise and deploy more than $800 million in zones nationally.
- Categories
- Investing
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Instead of Bringing Jobs to the People, Bring the People to the Jobs
Worldwide, 300 million people live nominally above the poverty line but regularly go hungry for some portion of the year.
- Region
- South Asia
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Social Media Puts Emerging Markets At Forefront Of Tourism
During the past few years, we have seen a massive shift in user behaviour within the tourism industry, primarily driven by increased usage of smartphones and social media apps.
- Categories
- Technology
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Why China’s Next Crop of ‘Techpreneurs’ Are Skipping Home and Eyeing a Fresh Gold Rush in New Markets
China’s tech entrepreneurs are finding that affordable innovation appeals in developing markets.
- Categories
- Entrepreneurship, Technology
- Region
- Asia Pacific
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Viewpoint: Africa Doesn’t Need More Development Aid, It Needs More Capitalism
In Asia, the fight against poverty and hunger has been so effective because so many Asian countries have implemented capitalist reforms. In China alone— thanks to the partial introduction of private property rights and free-market economics—the proportion of people living in extreme poverty has fallen from 88% in 1981 to below 1% today.
- Region
- Sub-Saharan Africa
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‘Small Is Beautiful’ Can Work in Developing Africa
Solar and mobile technology offer ways to work around the continent’s shaky infrastructure.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africa Is Awash In Sunshine – Energy That Will Help Empower The Continent
“Africa is not burdened with telecom lines and as a result, it went straight to mobile communications,” says Chris Kemper, chief executive of Palmetto, a clean energy and social-impact company, in a talk with this writer. “The same thing can be said for clean energy and clean technology.”
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Chennai’s Drought Has Tough Lessons for Asia’s Economies
When foreign companies ponder investing in emerging markets, they tend to pay attention to a relatively narrow range of factors and regulations which affect their ability to do business. India's water problems are now sufficiently dire to merit inclusion in that list.
- Categories
- Environment, WASH
- Region
- South Asia
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