-
Climate Group Funded by Bill Gates Slashes Staff in Major Retreat
Gates’ foundation shares many grant recipients with USAID, and he has predicted “millions of deaths” if the cuts are not restored.
- Categories
- Energy, Health Care
- Region
- Global
-
Carlos Slim Cuts Ties With Elon Musk’s Starlink, Invests $22 Billion in Independent Network
Carlos Slim has ended his partnership with Elon Musk’s Starlink, opting for independent infrastructure development. Slim’s América Móvil plans a $22 billion investment to bolster its telecom services, signaling a competitive shift in Latin America’s market.
- Categories
- Technology, Telecommunications
- Region
- Latin America
-
$1 Billion Investment Gets IKEA Closer to Being ‘Fully Circular’ by 2030
The retailer's venture capital arm backs three recyclers and a software firm.
- Categories
- Technology, WASH
- Region
- Global
-
Vidyut Secures $2.5 Million Funding from Flourish Ventures
Vidyut separates batteries from EV ownership and then offers them on a pay-per-kilometre subscription basis.
- Categories
- Investing, Technology, Transportation
- Region
- Asia Pacific
-
Africa’s Startup Funding Crisis Deepens as Mastercard Foundation Exits Top VC Firm
Mastercard Foundation pulls out of its $100 million commitment to African venture capital firm 54 Collective.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
-
GHIB and BII Announce $50 Million Partnership to Boost Cross-Border Trade Across Africa’s Frontier Economies
"Under a Master Risk Participation Agreement (MPRA), the $50 million facility will enable GHIB to support more businesses and facilitate trade flows in the target countries."
- Categories
- Investing
- Region
- Sub-Saharan Africa
-
Analysis: China Won’t ‘Replace’ USAID in Africa
While China has spent tens of billions of dollars through trade and infrastructure project loans in Africa over the last decade, it spends significantly less on aid.
- Categories
- Investing
- Region
- Sub-Saharan Africa
-
Seeking Partnership Closer to Home: How South-South Cooperation Empowers Businesses in Developing Markets
While all businesses worldwide face challenges, businesses in the Global South must navigate additional complexities ranging from economic volatility to infrastructure constraints. As Martin Burt at Fundación Paraguaya argues, this creates a need for greater South-South cooperation — i.e., the exchange of technologies, knowledge and other resources between entities in the developing world. He explains the benefits of this practice, exploring how it can enable businesses and entrepreneurs in the Global South to work together to foster innovation and build resilient economic systems tailored to their unique circumstances.
- Categories
- Social Enterprise, Technology