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Addressing India’s Economic Achilles Heel: Leveraging Trade and Digitalisation to Boost Women’s Labour Force Participation
India will soon become the world’s most populous country and third-largest economy, and it is a bright spot in an otherwise gloomy global economic forecast. But as international development consultant Abhirup Bhunia points out, the labour force participation rate for women in India is just 24% — far lower than most countries. He argues that India will not realize its potential if women’s economic participation fails to increase, and explores how the country can leverage international trade and digitalisation to empower women to drive its emergence as a global economic powerhouse.
- Categories
- Finance, Technology
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Press Release: IFC Invests in Vinci Partners’ New Fund to Support the Growth of Medium-Sized Companies in Brazil
IFC is investing in Vinci Capital Partners IV to support the growth of medium-sized enterprises, which are key to job creation, increased productivity, and sustainable development in Brazil.
- Categories
- Impact Assessment, Investing
- Region
- Latin America
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Press Release: South Africa: TotalEnergies Signs Renewable Power Purchase Agreements with Sasol and Air Liquide
The two projects will provide competitive and available renewable electricity to decarbonize Sasol and Air Liquide’s production.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- employment, renewable energy, solar
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Tanzania Economic Update: Universal Access to Water and Sanitation Could Transform Social and Economic Development
Achieving universal access to water supply and sanitation services would create an estimated 24,000 skilled jobs, on top of jobs created by initial construction-related work.
- Categories
- WASH
- Region
- Sub-Saharan Africa
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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