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

AsiaTechDaily

. “Support for entrepreneurship and digital transformation is essential to economic growth, job creation, and resilience,” said Makhtar Diop, IFC’s Managing Director. In Africa, the digital economy has the potential to contribute $712 billion to the continent’s gross domestic product (GDP) by 2050.

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Korean VC Sopoong closes $8M fund for startups focused on environmental impact

TechCrunch

Two years ago, South Korea unveiled a plan to reach carbon neutrality by 2050. I spoke with Sopoong chief executive Max Sang-Yeop Han , a serial entrepreneur who joined Sopoong in 2016 and acquired the firm in 2019, to learn about the VC’s plans. Getting there will be another story. Sopoong has closed on around $8 million (10.3

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Innovation Hubs for More Diverse and Inclusive Cities

Impact Hub

More than half the world’s population currently lives in cities – a proportion that will reach 70% by 2050 – which account for approximately 80% of GDP generated worldwide. We need to create more inclusive cities – to make sure they provide equal rights and opportunities, as well as better living conditions for all.

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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.

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Nia Richards

Forward Cities

Q: What is your deeper “why” behind your commitment and work to support inclusive entrepreneurship in Kansas City? LendingTree reported Kansas City as number 49 out of 50 major cities for Minority Entrepreneurship. Q: What is your deeper “why” behind your commitment and work to support inclusive entrepreneurship in Kansas City?