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AI for All: How India Can Become an Artificial Intelligence Superpower
From asking questions to Siri, to watching a movie served up by Netflix’s algorithms, it's now common to interact with products powered by artificial intelligence. As Brinda Sapra at Vera Solutions explains, AI is predicted to contribute $15.7 trillion to the global economy – and $957 billion to India’s economy – in the near future. She explores why – and how – India should harness the disruptive potential of AI, rather than fearing its impact on employment.
- Categories
- Technology
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‘Small Is Beautiful’ Can Work in Developing Africa
Solar and mobile technology offer ways to work around the continent’s shaky infrastructure.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- infrastructure
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Viewpoint: Will the BUILD Act Improve Lending in Poor Countries and Counter China? The Jury’s Still Out
Judging by the Overseas Private Investment Corp.’s recent lending decisions, so far, the answer to that question appears to be “no.” Why? First, because the majority of the Overseas Private Investment Corp.’s loan portfolio, as of the end of 2018, is still in upper-middle and high-income countries.
- Categories
- Finance
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How the Tiny African Nation of Djibouti Became the Linchpin in China’s Belt and Road Plan
Ideally situated with good harbours, this remote country is helping China protect its growing interests as the vast infrastructure strategy takes hold.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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World Bank urges spending on ‘climate-friendly’ infrastructure
Spending an average of 4.5% of GDP on ‘climate-friendly’ infrastructure could help developing countries achieve the Sustainable Development Goals.
- Categories
- Environment
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From Iowa to India: The Importance of Entrepreneurship in Promoting Human Dignity
Farmers in both developed and emerging countries are facing similar challenges, from water shortages and climate change to stagnant crop prices. With many Indian farmers abandoning their rural communities in favor of growing urban centers, Chris Owen, a University of Michigan student and 2018 WDI Global Impact Fellow, asks how cities will meet their residents’ need for food, water and gainful employment. He explores the work of Poornatha, a Madurai-based social enterprise that’s tackling these issues through entrepreneurship education.
- Categories
- Agriculture, Social Enterprise
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Viewpoint: China’s Role As The World’s Development Bank Cannot Be Ignored
China's far-reaching financing carries considerable risks — for China and the borrowers alike. Rather than welcoming China and helping it learn the hard lessons learned by others, the United States is mistakenly shunning Chinese development finance around the globe.
- Categories
- Finance
- Region
- Asia Pacific
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Press release: OPIC launches Connect Africa initiative to invest more than $1 billion supporting infrastructure, communications, and value chain connectivity
“Africa is home to many of the world’s fastest-growing economies and presents both a great need for investment and a great opportunity for American businesses,” Washburne said. “But, too many barriers remain to the flow of goods and services. By focusing on connectivity, we’re not only helping build means for economic development, but also laying the foundation for future trade partners.”
- Categories
- Investing, Technology
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