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Press Release: Nuvemshop Raises $90 Million as It Catalyzes E-Commerce and Entrepreneurship Across Latin America
With tremendous momentum over the past year, Nuvemshop tripled its customer base and has been a key enabler of commerce in the region. Latin America is not only a huge market (with over 650 million consumers), it is now the fastest growing e-commerce market in the world, reaching $85 billion in total sales.
- Categories
- Entrepreneurship, Technology
- Region
- Latin America
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Educating the Sustainability Generation: How Universities Can Advance Social Business and Innovation
The world is facing unprecedented challenges, and new economic systems centered around social and environmental impact can help solve them, say Aline Laucke and Ella-Maria Gollmer of Studio Nima. But to build a more sustainable future, they explain, universities need to integrate innovative concepts like social business into their educational models. They explore the benefits – and challenges – of bringing this new focus to higher education.
- Categories
- Education, Entrepreneurship
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Coronavirus: G7 Backs International Monetary Fund’s Aid Hike for Low-Income Nations
Finance ministers from the US, Germany, Britain, Canada, France, Italy and Japan have thrown their weight behind plans to boost aid to developing nations by hundreds of billions of dollars.
- Categories
- Coronavirus, Finance
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Press Release: Missio Invest Secures $20 Million Anchor Investment from U.S. International Development Finance Corporation
Loan Facility to Support Initiatives Addressing Food Security, Financial Inclusion, and Health and Education Outreach in Sub-Saharan Africa
- Categories
- Investing
- Region
- Sub-Saharan Africa
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The United States and the Philippines Department of Education Sign $100 Million Educational Aid Agreement
The United States and the Department of Education (DepEd) have signed a new five-year bilateral assistance agreement, valued at more than P4.8 billion or $100 million, to improve basic education outcomes in the Philippines.
- Categories
- Education
- Region
- Asia Pacific
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Burkina Faso to Get New Large-Scale Renewable Energy Plant
The West African country of Burkina Faso is to get a new large-scale renewable energy plant, it was announced today, 15th March.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Svasti Microfinance Raises $4.2 Million
Svasti Microfinance Private Limited (Svasti), an RBI Licensed MFI, has raised a total of INR 310 million from its existing investors Adar Poonawalla, Nordic Microfinance Initiative (NMI) and Rajiv Dadlani Group.
- Categories
- Finance
- Region
- Asia Pacific
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Singapore’s Temasek Allots $500 Million for Impact Investing in LeapFrog Tie-Up
Singapore’s Temasek Holdings is committing $500 million to a partnership with private equity firm LeapFrog Investments, in what both companies said was the largest ever commitment to an impact investor.
- Categories
- Investing
- Region
- South Asia
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