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Press Release: Tugende Closes USD $6.3 Million Toyota Tsusho-Backed Series A Investment Round
Tugende, a technology-enabled asset finance company operating in Uganda and Kenya, today announced the completion of a USD $6.3M Series A investment round, led by Toyota Tsusho investment fund Mobility 54.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Gender: The Blind Spot of the COVID-19 Response in Low- and Middle-Income Countries
The COVID-19 pandemic is imposing a disproportionately higher socio-economic cost on women. As Melinda Gates put it, “COVID-19 is gender-blind, but not gender-neutral.” Analysts at MSC discuss four potential types of fallout from COVID-19 that will have lasting socio-economic impacts on women in India and other low- and middle-income countries, based on multiple studies that MSC conducted between March and July of this year.
- Categories
- Coronavirus, Finance, Technology
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Analysis: Global GDP Could Rise by 3% if Gender Disparity Gap Is Closed
The International Finance Corporation (IFC) estimates that approximately 80% of women-owned businesses with credit needs in low-income countries are either unserved or underserved.
- Categories
- Finance
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The Game-Changing Potential of a Regulatory Sandbox: Why Creating a Safe Space for Digital Innovation Is a Necessity for Financial Inclusion in Bangladesh
While Bangladesh has made notable progress in accelerating financial inclusion, around 50% of Bangladeshis still remain unbanked. As Jakirul Islam at Bank Asia points out, this highlights a need for more technological disruption – and more regulatory innovation. He explores the potential of a “regulatory sandbox” approach, in which the government provides a safe harbor for businesses to test inventive new products, services and business models.
- Categories
- Finance, Technology
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Interview: How COVID-19 Will Affect Impact Investing in India
Geeta Goel, country director, India, of the Michael & Susan Dell Foundation, talks about the need for responsible capitalism
- Categories
- Coronavirus, Education, Investing
- Region
- South Asia
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How Fintech Can Help South-East Asia’s MSMEs Recover From COVID-19
Fintech is emerging as a crucial means of support for MSMEs during the pandemic as well as an opportunity to stimulate their growth in ways that benefit wider society.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
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4,000 MSMEs and Youths in ASEAN Region Offered Digital Skills Training
Brunei launches ASEAN initiative to help small businesses and youths gain the skills needed in a digital economy.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- MSMEs, rural development
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How FG Plans to Support Women-Owned MSMEs to Recover From the Pandemic
The Federal Government of Nigeria is set to roll out palliatives to assist women-owned medium and small businesses (MSME’s) recover from the impact of the pandemic.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
- Tags
- MSMEs, women entrepreneurs
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