Jack Ma backs young African entrepreneurs with $10 million fund

Jack Ma is backing young African entrepreneurs with a new $10 million fund. The founder of Chinese ecommerce giant Alibaba announced his African Young Entrepreneurs Fund at the Youth Connekt Africa Summit in Rwanda. It was the first visit to the continent for Ma, who is worth more than $35 billion. “African entrepreneurs should not be asking

Chan Zuckerberg Initiative invests in affordable housing for teachers

Mark Zuckerberg believes in “personalized learning” and wants kids to teach themselves (through software Facebook is helping develop). But teachers will have a role, too, so Zuckerberg’s LLC is making a $5 million investment in Landed to help teachers buy homes in the Bay Area’s high-priced housing market. Landed generally contributes up to half of a

How Jeff Bezos Can Make the Biggest Immediate Philanthropic Impact — And Keep the Pitchforks at Bay

Over the last 24 hours, Jeff Bezos has made news for two big things. And they’re related. Yesterday, the Amazon founder, not a publicly known philanthropist, took to Twitter to say: “I’m thinking I want much of my philanthropic activity to be helping people in the here and now — short term — at the intersection of urgent need and