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Making ICT4D Green: Three Focus Areas for Improving the Environmental Impact of the Information and Communication Technology for Development Sector
The global digital transformation is generating many positive impacts, and digital technologies have become essential tools for climate and environmental action. But according to Nora Lindström at Catholic Relief Services, the growing use of digital technology is also causing some significant environmental challenges — and the “Information and Communication Technology for Development (ICT4D)” sector must address them. She discusses several ways to increase the tech industry's sustainability, focusing on three key elements of ICT: generative AI, broadband access and electronic equipment.
- Categories
- Energy, Environment, Technology, Telecommunications, WASH
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Nigerian Edtech Startup Klas Secures $1 Million to Empower Aspiring Educators Globally
Nigerian edtech startup Klas has raised $1 million in pre-seed funding to fuel its mission of making online education accessible and empowering content creators worldwide.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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Impact Management Moves Toward Standardization: How Investors are Harmonizing Their Practices — And Where More Progress is Needed
Impact investing and development finance are promising ways to generate positive impacts and healthy financial returns in emerging markets. But as Thelma Brenes Munoz and Mitzi Perez Padilla at FMO, the Dutch Entrepreneurial Development Bank explain, the lack of standardized impact management practices across different investors has become a key obstacle for the industry. They explore the growing movement toward standardization in impact management, discussing key signs of progress — and what investors can do to accelerate it.
- Categories
- Investing
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Press Release: DFC Announces New U.S. Financing for Africa’s Lobito Corridor
DCEO Biswal celebrated DFC’s longstanding partnership with the Africa Finance Corporation (AFC), which is spearheading Phase II of the Lobito Corridor.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Africa Must Take Charge of its Own Development Agenda: Here’s How Impact Investors Can Support It
Economies across Africa are facing serious headwinds — but according to Shiluba Mawela at Tshiamo Impact Partners, the continent still offers significant opportunities for impact investors. However, she argues that investment capital will not solve the region's development challenges without better coordination between African governments, private sector players and local communities. She highlights some emerging signs of this cross-sector collaboration, explaining how it can foster a thriving impact investing ecosystem that truly advances Africa's development.
- Categories
- Investing
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African Development Bank Sells Hybrid Note in Development Finance First
The African Development Bank (AfDB) has sold its long-awaited hybrid capital note.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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How African Startups Raised Funding in 2023
With equity funding becoming rare, several startups found it hard to survive, leading them to either cut down their teams or scale down operations and, in some cases, close shop.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: As Digital Credit Surges, New Research Shows Need for Greater Consumer Protection
A report from leading anti-poverty research organizations provides new insights into the relationship between the digitization of credit and economic development in an era of overlapping crises.
- Categories
- Finance, Technology
- Region
- Global
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