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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
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Flutterwave Lays off 3% of Its Workforce as It Doubles Down on Enterprise and Remittance
That change of focus led to the shutdown of Barter in March.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Cadana Bags $7.4 Million to Streamline Payroll for Global Hiring Platforms
The round was led by Costanoa Ventures, with participation from Better Tomorrow Ventures and 500 Startups.
- Categories
- Finance
- Region
- Global
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What Does a Changing Cobalt Market Mean for the Democratic Republic of the Congo?
The biggest cobalt producer in the world, the DRC is behind 70% of all supplies. But falling prices are making it harder for the country’s independent miners to benefit.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- employment, mining
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