The African Development Bank Group has announced a follow-up equity investment of $15 million in the Trade and Development Bank Group’s (TDB Group) pioneering Class C Green+ shares to support clean technology and low carbon projects in its member states. The new capital, to be sourced from the Clean Technology Fund (CTF), will also support...
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Grammarly restructures and layoffs 230 staff members globally
Big tech companies continue shedding jobs on an unprecedented scale, this leaves a lot of people in the technology space without jobs to feed their families. Grammarly announced it will retrench 230 of their staff members across the globe. The company said it is taking a different direction to focus on the AI-enabled workplace of the...
Roc Nation partners with Versace to provide Scholarships for next generation
Roc Nation has secured a “transformative” multi-year deal with Versace, according to Complex. The deal entails event sponsorships in addition to scholarship sponsorships for the Roc Nation School of Music, Sports & Entertainment. The duo is coming together for other “cause-focused initiatives” as well. “Central to both Versace and Roc Nation is human capital and a commitment...