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BII Commits $50 million to Access Bank to Support Businesses in Nigeria
Access Bank is one of the largest banks in Nigeria, that is committed to providing support to businesses through funding, capacity building and networking opportunities.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Ugandan Government Plans to Implement Shs 6.4 Trillion E-Mobility Strategy
When fully implemented, government says, e-mobility will generate at least $15m (Shs55.3 trillion) in annual revenue.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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How Young People are Driving Africa’s Digital Future: A Recent Report Highlights the Impacts of Technology — And the Need for Greater Support
With over 400 million people between the ages of 15 and 35, Africa has the world’s youngest population — and by 2050, this youth population is projected to increase by 73%. As Grace Natabaalo and Chelsea Horváth at Caribou Digital explain, young Africans are leveraging digital platforms to find work, education and more — but they face numerous challenges in accessing and using technology. They share highlights from a new report based on discussions with 20 young people from seven countries across Africa, which show the impact of digital technology — and how this impact could be amplified.
- Categories
- Education, Technology
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Huawei Just Built a $1.4 Billion Chip Center as It Faces U.S. Sanctions
The Shanghai-based research and development center will have almost 30,000 employees.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- employment, research
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IFC and Star Garments Partner to Expand Textile and Apparel Manufacturing in Togo
The funding to build a greenfield clothing factory in Togo is expected to create 4,520 direct and indirect jobs.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- employment, manufacturing, partnerships, scale
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Kathmandu Is Making Taxi Drivers Switch to EVs. Not All Drivers Can Afford One
The Xpres-T, made by Indian carmaker Tata, is the only EV approved for use as a taxi in Nepal. It costs $27,000 — several years’ income.
- Categories
- Energy, Technology, Transportation
- Region
- Asia Pacific
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Upaya Social Ventures Announces Leadership Transition: Kate Cochran to Step Down as CEO; Shruti Goel and AB Chakravarthy Appointed Co-CEOs
Upaya Social Ventures, a nonprofit organization dedicated to fighting extreme poverty through dignified job creation, today announced a significant leadership transition.
- Categories
- Social Enterprise
- Region
- Global
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All AI Work is Not Created Equal: Building an Ecosystem That Supports Not Just Jobs, But Employment in East Africa
With the global artificial intelligence market expected to grow to almost $830 billion by 2030, the impact of AI on employment in emerging markets is a topic of growing interest — and concern. Wendy Gonzalez at Sama explores the advantages and disadvantages of different types of AI work, and argues that the industry must build ecosystems that can support not just low-paid, crowdsourced contract jobs, but stable, formal employment if it hopes to generate lasting economic growth in regions like East Africa.
- Categories
- Technology