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M-Kopa Lawsuit Alleges Racial Disparity in Employee Equity, Firm Says Claim Is Baseless
". . . if the case proceeds, it could set a precedent for how employee equity is handled and how local courts view the responsibilities of global investors and holding companies operating in the Kenyan market."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Ten Promising Businesses Selected For Level 2 Of The Circular Innovation Cohort 2025 Under Upaya’s Dignified Jobs Accelerator
The Circular Innovation Cohort is designed to strengthen the “first mile” of the waste supply chain by accelerating enterprises working with sanitation workers, rural communities, and underserved populations.
- Categories
- WASH
- Region
- Global
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IFC Announces $20 Million Equity Investment in Transvolt Mobility
The investment aims to promote electric vehicle adoption and job creation in India.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
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The Rise of the Creator Economy in Emerging Markets: Empowering Youth and Marginalized Communities Through Web Monetization
The creator economy — a thriving ecosystem of online content creators ranging from influencers to bloggers — is a growing source of employment and income in developing economies, especially for younger generations. And as Matšeliso Thabane at the Interledger Foundation explains, alternative earning routes are emerging that can allow these creators to monetize their content in new ways. She explores how Web Monetization — a “pay-as-you-use” approach that enables small, real-time payments to content creators — can help this work become a viable career for creators in emerging markets.
- Categories
- Technology, Telecommunications
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TechnoServe Will Create Enterprise Development Academy to Boost Small Business Growth and Job Creation Around the World
The initiative to strengthen local enterprise support organizations is expected to benefit at least 50,000 businesses across Africa, Latin America, and Asia.
- Categories
- Education, Social Enterprise
- Region
- Global
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Sierra Leone Launches Landmark $180 Million Water Security and Wash Access Project
Structured in three progressive phases, the initiative provides a clear roadmap for achieving nationwide water security and sanitation access.
- Categories
- WASH
- Region
- Sub-Saharan Africa
- Tags
- development finance, employment, sanitation, SDGs, water
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Being a Changemaker in an Era of Accelerating Change: A Q&A with Ashoka Founder and Social Entrepreneurship Pioneer Bill Drayton
NextBillion last interviewed Bill Drayton — the founder of Ashoka and a seminal figure in the social entrepreneurship movement — on the sidelines of SOCAP almost 10 years. Since that time, the sector (and the world around us) have experienced massive change, but one thing has remained consistent: Drayton’s focus on empowering changemakers around the world to transform their innovative ideas into lasting impact. Earlier this year, he was given the Skoll Foundation’s Global Treasure Award in recognition of his pioneering contributions to the field of social entrepreneurship: In this Q&A, he shares his thoughts on the sector as it enters a new era full of emerging challenges — and exciting opportunities.
- Categories
- Social Enterprise
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World Bank Grants South Africa a $1.5 Billion Loan for Infrastructure Upgrade and Green Energy Transition
Deteriorating rail systems, jammed ports and frequent blackouts have hindered vital industries like mining and auto manufacturing in South Africa, contributing to slow economic growth over the last decade in Africa’s most developed economy.
- Region
- Sub-Saharan Africa