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African Development Bank, AU Partner to Launch $300 Million Innovation Fund for Africa’s Tech Future
"The announcement of the innovation fund comes at a time when African countries are seeking sustainable ways to recover from the economic setbacks caused by the COVID-19 pandemic and ongoing global financial uncertainties."
- Categories
- Education, Investing, Technology
- Region
- Sub-Saharan Africa
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Power Plays: China’s Changing Energy Financing in Africa
Loans to Africa have been driven by China’s policy banks in support for coal and hydropower, but a more diverse cast of creditors could steer support towards greener ventures.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Ex-network International Execs Raise $6.75 Million for Enza, an African Fintech Serving Banks
The fintech, which has raised $6 million in seed funding, is building infrastructure for banks and fintechs, offering a range of local payment solutions, from cards to wallets to real-time payments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, infrastructure, MSMEs, scale, startups
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Press Release: Asian Development Bank, WDI Partner on E-Mobility Research
Last week, WDI’s Energy and Mobility team traveled to the Philippines capital city of Manila as part of a new research collaboration with the Asian Development Bank (ADB).
- Categories
- Transportation
- Region
- South Asia
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Benin and Senegal Experience Highest Growth in African Internet Resilience: Internet Society Pulse Country Report 2024
Several countries in West Africa are improving their internet resilience.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Azerbaijan, Islamic Development Bank Join Forces to Boost Pakistan’s Road Infrastructure
Azerbaijan plans to invest $2 billion in various projects throughout the country, with a portion of the funds allocated to enhancing the national road network.
- Categories
- Investing
- Region
- South Asia
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Don’t Underestimate Gen Z: How Youth-Led Solutions are Shaping the Future of Social Entrepreneurship
Generation Z is often labeled as distracted, anxious, lonely or under-skilled. But as George Tsiatis at the Resolution Project and Enactus Global argues, these stereotypes are unfair, and members of Gen Z often possess a unique perspective and determination that enable them to tackle complex social challenges with unprecedented ingenuity and purpose. He shares four areas where young social entrepreneurs are driving innovation and achieving measurable impact, highlighting several youth-led enterprises that are demonstrating the next generation’s approach to leveraging business for social change.
- Categories
- Agriculture, Energy, Environment, Social Enterprise, Technology
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Standard Chartered Issues Inaugural €1 Billion Social Bond
Standard Chartered has issued its first-ever social bond. The €1bn instrument is aimed at supporting sustainable development of low-income countries across its portfolio of emerging markets.
- Categories
- Investing
- Region
- Global
- Tags
- food security, impact bonds, infrastructure, MSMEs, SDGs
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