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Google, Microsoft Invest Millions to Empower African Women
Tech giants Microsoft and Google have invested millions of rand to establish initiatives to help create pathways to prosperity for women and girls across Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Google Unveils $25 Million Global Grant for NGOs, Social Enterprises Working on Women Empowerment
Google.org, the philanthropic arm of the tech giant, on Monday said it will provide $25 million in grants to non-profits and social enterprises globally, including in India, that are working on empowering girls and women.
- Categories
- Investing
- Region
- Asia Pacific
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LiveRamp Commits $15 Million in Cash Reserves With Financial Institutions to Support Underserved Communities
The lack of access to financial resources and services negatively impacts a continuously widening wealth gap in the US, which has disproportionately affected minority and Black communities.
- Categories
- Investing
- Region
- North America
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Social Protection Goes Digital: Lessons From an Innovative, WhatsApp-Driven Outreach Campaign in Paraguay
The COVID-19 lockdown has reshaped social policy in Paraguay, as programs that depended on face-to-face contact to reach participants suddenly found themselves unable to conduct their usual outreach. Cristina Heisecke, Carolina de Miranda and Mauricio Royg of Fundación Capital share lessons from an innovative solution to this challenge: a digital campaign that used WhatsApp to offer a remote alternative to the in-person training and coaching of the country's flagship cash transfer program.
- Categories
- Coronavirus, Finance, Technology
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The Response and Vision Fund (RVF) Announced the Second Slate of Grants
This latest round of investments focuses on climate, gender, and debt justice, and aims to catalyze reforms grounded in preserving the rights and power of workers and communities while strengthening accountability and addressing underlying inequities in the financial system.
- Categories
- Coronavirus
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AFEX Raises $50 Million for Agri-SMEs, Africa’s First Warehouse Receipt Backed Commercial Paper
AFEX Commodities Exchange Limited (AFEX), Nigeria’s leading private commodities exchange company, has announced the first Warehouse Receipt Backed Commercial Paper in Africa, with tech-enabled operations and a 24-hour fast cash turnaround for borrowers.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Social Enterprises as Job Creators: Four Ways the Sector Can Boost Employment Opportunities in Africa
By 2030, there will be about 1 billion people in Africa of working age – an increase of approximately 40% since 2018. This means more jobs will urgently be needed to improve living conditions, reduce unemployment and create sustainable economic growth in the region. Carola Schwank at Siemens Stiftung argues that impact-oriented entrepreneurs can play a key role in creating these jobs – but they need backing to maximize their untapped potential. She shares four key recommendations on how to support social enterprise job growth in Africa, taken from a recent report.
- Categories
- Entrepreneurship
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SEED Awards 2021
Applications are now open until March 22 for SEED Awards 2021, for innovative small and growing businesses delivering environmental, social and economic impacts.
- Categories
- Investing
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