Views from Silicon Valley: Helping client countries keep up with changing technology

It is time to tell you a secret my friends. I am a girl who codes. Before joining the Worldsilicon_valley Bank, I was fluent in ASCII, developing systems and applications to make it easier to get things done.

Nearly 20 years after writing my first lines of code, I stepped onto the Microsoft Campus in Redmond, Washington, representing the World Bank Governance Global Practice and the GovTech Global Partnership task team. Along with a delegation representing leadership across the Bank, we visited Redmond and Silicon Valley to meet with some of the top players in Big Tech.

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Why the World Bank’s venture capital arm is investing in Silicon Valley

Article posted on devex. 26 May, 2016

It might seem off mission for investors who say they want to drive prosperity in 7R38yLAmxJ1aGXpk3ZbEQh08ROPnttoyPQQxmSZLaj5OhmpWDNPRN0W3iLuSAqBhdz4PjGBThqqzeVVrM97XQRxKKbeEGhugd5VpmIeKMyJbO9K5sEE3msIZhHfqdOJNl2pF370zdeveloping countries to support entrepreneurs based in the city with the most concentrated venture capital in the world.

Most of the more than $100 million the venture arm of the World Bank’s International Finance Corp. will invest this fiscal year will go to the emerging markets, including tech hubs such as Nairobi, Kenya — dubbed the “Silicon Savannah”. But recently the IFC has also invested in Silicon Valley companies such as the cloud-based software company Ayla, the satellite company Planet Labs and the online education company Coursera.

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