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Vietnamese EV Maker VinFast Says Job Cuts Won’t Derail Plans to Start U.S. Production
Vietnamese electric vehicle maker VinFast told CNBC it’s on track to start production in the U.S. by 2024.
- Categories
- Energy, Technology, Transportation
- Region
- South Asia
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Vice President Harris Announces Public-Private Partnership Has Generated More Than $4.2 Billion in Private Sector Commitments for Northern Central America
More than $950 million announced today will create economic opportunity in the region, help address root causes of migration.
- Categories
- Uncategorized
- Region
- Latin America
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Partners to Unleash Financial Inclusion in Rural Senegal
The new partnership aims to increase access to digital and financial services and products across rural areas of Senegal.
- Categories
- Agriculture, Finance, Technology
- Region
- Sub-Saharan Africa
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How Foreign Aid Can Innovate Itself Out of Existence: Exploring the Potential of Market-Creating Innovation for Sustainable Development
The foreign aid sector has long been criticized for its inability to generate consistent economic growth and poverty alleviation in developing countries. According to Efosa Ojomo at the Clayton Christensen Institute for Disruptive Innovation, a new approach to aid is needed: one that recognizes the power of business innovation to create new markets that advance local prosperity. He discusses a new pan-African initiative based on that approach, which aims to mobilize aid, business and African institutions to build new markets that generate self-sustaining economic growth.
- Categories
- Health Care, Investing
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Lessons in Resilience: What an Impact Investor Learned from an Entrepreneur Who Refused to Give Up
Entrepreneurship is a long game, and winning often comes down to grit. One case in point: Arindam Dasgupta, the co-founder and CEO of Tamul Plates, who has built a thriving business in India despite the historic challenges of recent years. Sachi Shenoy at Calidris and Steve Schwartz at the World Economic Forum were early investors in Tamul Plates through Upaya Social Ventures, the impact investing firm they co-founded. They discuss what Dasgupta has taught them about the qualities and practices investors should look for when seeking resilient entrepreneurs.
- Categories
- Investing, Social Enterprise
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New Community Solar Microgrids for Nigeria
Energy services company Husk Power Systems has secured funding from Germany’s development finance institution DEG.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: The United States Agency for International Development (USAID) Advances Women’s Economic Security Through the Gender Equity and Equality Action Fund
The Agency will strive to increase incomes and opportunities for women, recognizing that this benefits entire communities, economies, and countries.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Kenya’s Job Market Continues to Stagnate Despite Economic Success
Since 2013, Kenya's labor market has stagnated according to the Kenya Institute for Public Policy Research and Analysis (KIPPRA) latest economic outlook.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- employment, scale
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