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Congo Scraps $1.2 Billion Biometric ID Project Over Cost Concerns
Congo currently lacks a national ID system, which complicates basic tasks for its citizens, such as opening bank accounts, obtaining official documents, and registering to vote.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Analysis: Brazil’s Grid Caps Power From Wind and Solar, Threatening Renewable Projects
Industry leaders said renewable energy investments were less viable under the National Electric System Operator’s (ONS) current “curtailments” policy, which temporarily caps how much power ONS accepts from wind and solar plants.
- Categories
- Energy
- Region
- Global
- Tags
- energy access, failure, renewable energy, solar, wind
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How Thousands of Americans Got Caught in Fintech’s False Promise and Lost Access to Bank Accounts
The collapse of middleman Synapse has revealed fintech’s promise of safety as a mirage. More than 100,000 Americans with $265 million in deposits have been locked out of their accounts.
- Categories
- Finance, Technology
- Region
- North America
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Amazon’s Sustainability Report Shows the Company Moving the Wrong Way on Climate With Continued Emissions Growth
This latest report provides further evidence that Amazon is going the wrong way on Climate.
- Categories
- Energy, Environment, Transportation
- Region
- Global
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Deals With Microsoft, Shopify and Stripe Fail to Keep Carbon Removal Startup Alive
In June, Running Tide announced plans to dissolve despite high-profile early customers.
- Region
- Europe & Eurasia
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AG Insights Platform Gro Intelligence Is Closing Down
Ag insights platform Gro Intelligence is calling it quits after failing to secure enough capital to stay afloat following a turbulent few months, AgFunderNews understands.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
- Tags
- data, failure, smallholder farmers
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A Hidden Reason for Business Failure in Social Enterprise: Exploring Innovative Talent Solutions in Frontier Markets
Social enterprises need extraordinary talent and leadership to navigate the challenges of doing business in frontier markets. As Paul Breloff at Shortlist and Daniel Waldron and Coco Lim at Acumen explain, failure to find the right talent is a leading factor in company and investment failure — and top talent is in short supply, and often comes at a steep cost. They share learnings from Acumen and Shortlist's shared experience recruiting and retaining talent, exploring some innovative approaches that go beyond traditional full-time structures.
- Categories
- Social Enterprise
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Kenya’s Copia Mulls Shutdown Amid Plans to Lay Off Over 1,000 Staff
The layoffs would be a drastic cost-cutting measure for the company.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- distribution, e-commerce, employment, failure, startups