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IFC launches new platform to bolster digital economy in Africa, Middle East, Central Asia, and Pakistan

AsiaTechDaily

This will be used to strengthen venture capital ecosystems and invest in early-stage companies in order to address development challenges through technological innovations in climate, health care, education, agriculture, e-commerce, and other sectors. But despite all these, growth potentials remained enormous across these regions.

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Healthcare infra, foodtech among hot sectors in 2-3 years – Angel Low, Principal, The Hive Southeast Asia

AsiaTechDaily

She said 65% of Asia’s population will be elderly by 2050 and with that the cost of elderly healthcare is expected to grow by 5X from 2030. Working closely with companies has always been my passion, The Hive Southeast Asia provided an opportunity to me to work as a founder and think like an investor. We are industry agnostic.

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New report examines Africa’s growth in the digital economy and VC investment landscape

TechCrunch

It highlights important events in the continent’s tech ecosystem until this point, compares its journey with other emerging markets and provides guidance into the opportunities within various sectors. The market size of Africa’s digital economy is massive and, if projections go as planned, should top $712 billion by 2050.

VC 97
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Now Is the Time for Racial Equity in the Entrepreneurial Ecosystem

Forward Cities

Right from the start conference attendees were educated on the profound impact that systemic racism has had on the health and economic equity of black and Latinx people. For those that need to hear the business case for racial equity, REI shared a great reality check- “by 2050, (I’ll be about 70 y.o.), But that was a good thing.