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Africa’s Cities Are About to Boom – and Maybe Explode
Sub-Saharan Africa is already 40 percent urban, while tens of millions of people are flooding into cities every year.
- Region
- Sub-Saharan Africa
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Viewpoint: To Solve the World’s Problems, the Global Development Community Turns Towards the Private Sector
Global capital markets hold more than $200-trillion in assets, and an allocation of just 1 per cent of these assets toward the SDGs would go a long way.
- Categories
- Finance
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Three Ways Technological Disruption is Fighting Inequality in Asia – And One Challenge it Hasn’t Yet Overcome
A wave of economic development is transforming Asia. But along with its many benefits, this growth is straining the region’s natural resources and leaving many poor communities behind. However, Sangeetha Watson at AVPN highlights some good news: Sustainable, tech-based solutions can help address these inequalities, particularly in financial inclusion, health care delivery and gender equity. She explores technology's impact on these areas – and flags one problem that tech has largely failed to address.
- Categories
- Social Enterprise, Technology
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Viewpoint: Immigrants Should Do More Than Just Send Money Home
Remittances are OK, but there’s no substitute for investment, growth and economic development.
- Categories
- Finance
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Press Release: World Bank Group Mobilizes Over $14.4 billion for Latin America and the Caribbean Development in Fiscal Year 2019
“We have stepped up our efforts in the last 12 months to help the private sector in Latin America and the Caribbean carry out new projects that are focused on solving some of the region’s most critical development challenges,” said Georgina Baker, IFC Vice President for Latin America and the Caribbean. “We are working closely with the private sector in the region to help mitigate climate change, create more jobs, more affordable housing, better transportation options, and more livable cities,” she said.
- Categories
- Investing
- Region
- Latin America
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Press Release: Upaya Social Ventures Funds Its Latest Investments from A Recoverable Grant Pool
Upaya raised $2 million to expand its job-creating investments, including an innovative $1 million Pool of Recoverable Grants that was used to fund its latest two investments in agribusiness enterprises.
- Source
- Press Release
- Categories
- Uncategorized
- Region
- South Asia
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Does Facebook Need A Humanitarian Partner For Its New Digital Currency?
Libra, according to its website, wants to "reinvent" money by making a financial transaction as cheap and simple as "sending a text message or sharing a photo."
- Categories
- Finance, Technology
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Melinda Gates Pushes G7 to Close Digital Gender Gap in Africa
G7 finance ministers meeting in France are to endorse a paper from the Gates Foundation saying there is a serious risk that digital technology and mobile banking will bypass millions of women in Africa, leaving them disempowered for a generation.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa