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Analysis: AI Is Minting New Billionaires, and Workers Want Their Share
From Kenyan data annotators to Hollywood actors, laborers across the supply chain are challenging the surge in “AI billionaires” as automation continues to drive widespread job cuts.
- Categories
- Technology
- Region
- Global
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World Bank Group to Double Guarantees for Africa to Catalyze Investment, Create Jobs
New guarantees issued over the next four years are expected to mobilize $23 billion in private capital for Africa via a multitude of impactful initiatives on the continent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- employment, lending, venture capital
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Press Release: IFC and Banco de Bogotá Announce Financing Package to Create Jobs and Boost Sustainable Growth in Colombia
The investment aims to mobilize private capital into key sectors such as construction, transport, energy, and manufacturing—critical drivers of productivity, competitiveness, and job creation in the country.
- Categories
- Investing
- Region
- Latin America
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British International Investment Partners with Ecobank DRC to Expand Sustainable Financing for SMEs in the DRC
The facility will target sectors critical to the country’s economic development, job creation and more resilient supply chains in the real economy, including agriculture and agro‑processing, industrial, infrastructure, climate‑aligned projects and renewable energy, as well as local entrepreneurship.
- Region
- Sub-Saharan Africa
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7 Shifts That Could Unlock Millions of Blue Jobs in the Ocean Economy
More than 50 million jobs could be added to the ocean economy — or nearly 40 million jobs could be lost — depending on whether countries invest in sustainable industries, worker training and healthy marine ecosystems.
- Region
- Global
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Africa’s Energy Future Needs More Than ‘Trickle-Down Electronomics’: Why the Debate Around False Trade-Offs Risks Leaving Millions Behind
Africa’s energy access debate is increasingly focused on the question of whether to prioritize household access or industrial and productive uses that can drive economic growth. But as Ryan Kilpatrick and Patrick K. Tonui at GOGLA argue, the deeper challenge is about understanding how electricity demand, income generation and productivity evolve in practice — and determining how best to balance the technologies, delivery models, financing structures and timelines involved in widespread electrification. They discuss these overlapping factors, and push back against the concept of “trickle-down electronomics” — i.e., the assumption that prioritizing industry will enable governments to expand grids to unserved areas and allow households to afford electricity over time.
- Categories
- Energy
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Press Release: IFC and Standard Chartered Partner on Supply Chain Finance to Support African Businesses
The risk-sharing facility will cover up to $300 million in supply chain and trade finance assets originated by Standard Chartered in Africa.
- Categories
- Agriculture, Finance, Health Care
- Region
- Sub-Saharan Africa
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Analysis: The Global Edtech Boom Is Fading as Investors Look Elsewhere
Venture capital is moving away from K-12 edtech worldwide as investors prioritize AI tools and workforce training with clearer returns.
- Categories
- Education, Technology
- Region
- Global
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