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Votorantim Partners With Temasek to Launch $700 Million Fund to Invest in Brazil
Brazil's Votorantim group and Singapore's Temasek Holdings teamed up to launch a $700 million fund to invest in Brazilian companies, they said in a joint statement on Tuesday.
- Categories
- Investing
- Region
- Latin America
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Viewpoint: Who Wins From Exploiting Africa’s Oil and Gas?
When the environmental imperative to abandon fossil fuels is so strong, what are the arguments for developing them and who will really profit from it?
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Report: Quality Data Is Crucial to Accelerate Progress on the SDGs
New resource from GRI and UN Global Compact to spearhead global momentum on SDGs reporting.
- Categories
- Impact Assessment
- Region
- Global
- Tags
- global development, SDGs
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To Tax or Not to Tax Mobile Money: The Impact on Digital Financial Services in Africa and Beyond
Mobile money is widely seen as a promising engine for global development. But governments in Africa are also increasingly viewing it as a lucrative source of tax revenue. With critics raising concerns about the impact of taxing mobile money and other digital financial services, Adrienne Lees and Phil Mader at the Institute of Development Studies explore whether existing research can inform any confident predictions about the effects of these taxes on providers, customers and the broader financial inclusion sector.
- Categories
- Finance, Telecommunications
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Fashion Group H&M to Exit Russia Over ‘Impossible’ Situation
Swedish retailer Hennes & Mauritz AB will start winding down its operations in Russia, having halted all sales in the country in March after Russia’s attack on Ukraine.
- Categories
- Uncategorized
- Region
- Europe & Eurasia
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Analysis: Unveiling the Global Findex Database 2021 in Five Charts
This latest edition of the Global Findex Database was collected during the COVID-19 pandemic, updating financial inclusion indicators.
- Categories
- Finance
- Region
- Global
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China Agrees to Invest $3 Billion in Indonesia Sovereign Wealth Fund
China's Silk Road Fund (SRF) has signed a framework agreement to invest up to 20 billion yuan ($2.99 billion) in Indonesia's sovereign wealth fund.
- Categories
- Investing
- Region
- South Asia
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Efficiency vs. Effectiveness: What Low- and Middle-Income Countries Can Learn from a Key Business Mistake in the Developed World
Over the centuries, free enterprise has excelled at driving efficiencies and innovations, from the cotton gin to the sewing machine, that have powered societal development. But author and entrepreneur Ed Chambliss argues that, as societies grow more prosperous, an overemphasis on business efficiency – as embodied by the concept of shareholder primacy – is no longer enough. He urges businesses in developed countries to broaden their focus to include all their stakeholders' diverse needs – and encourages businesses in developing countries to adopt this broader definition of sustainable success.
- Categories
- Social Enterprise
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