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World Bank Group and Banco Consorcio Mobilize Financing to Expand Access to Housing and Create Jobs
The two institutions are strengthening their partnership to expand women’s access to mortgage lending, helping reduce Chile’s housing deficit and support the recovery of the construction sector, a key driver of employment and economic growth.
- Categories
- Investing
- Region
- Latin America
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Oracle Plans to Cut 3,000 India Jobs the Same Month Microsoft Puts 500 on Notice
Oracle is reportedly moving to cut close to 3,000 jobs in India around September 1 or 15, right as its new fiscal quarter opens, following a fiscal-year headcount drop of 21,000 that the company partly blamed on AI adoption. Microsoft, meanwhile, has put roughly 500 India employees, about 2% of its India workforce, on performance improvement plans, giving the AI-versus-headcount story its clearest real numbers yet.
- Categories
- Technology
- Region
- Asia Pacific
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ChipMango Raises $1.9 Million to Build Africa’s Chip-Design Talent
ChipMango said it will use the funding to expand its engineering and product-development capacity, support new commercial design engagements, scale its AI-native learning and workforce platform, and develop its edge-AI and intelligent-sensor technologies.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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Indermit Gill’s Parting Thoughts as He Exits the World Bank
Outgoing World Bank chief economist talks debt and discord, while Germany slashes development aid and low- and middle-income countries search for bankable climate solutions.
- Categories
- Education, Energy, Environment, Finance, Health Care, Investing, Technology, WASH
- Region
- Global
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Angola Launches $211 Million Agricultural Value Chain Project to Transform Eastern Economy and Cut Food Imports
The Eastern Region Agricultural Value Chain Development Project is designed to support production, processing, storage and marketing across crops including wheat, rice, soybeans, beans, groundnuts, cassava, coffee, cocoa and palm oil. The African Development Bank approved $211.4 million for the project in November 2025.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Analysis: Growth Without Work: The Human Cost of the AI Revolution
'In an excerpt from his book “The New Divide: Power, Control & the Cost of AI,” writer Jibu Elias examines the technology’s impact on jobs.'
- Categories
- Technology
- Region
- Asia Pacific
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South Africa’s Unemployment Rises to 8.5 Million as Job Market Weakens
The latest figures were released by Statistics South Africa (Stats SA) in its Quarterly Labour Force Survey (QLFS) for the second quarter of 2026, covering labour market conditions between April and June.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- employment, mining, MSMEs, research
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Nigeria’s Federal Government Targets One Million MSMEs, 50,000 Jobs With Renewable Energy Programme
". . . the minister said the programme would deploy renewable energy solutions to one million businesses, reduce production costs for MSMEs, expand financial inclusion and promote inclusive economic growth."
- Categories
- Energy
- Region
- Sub-Saharan Africa
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