Latest
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Innovation for Adaptation: How a New Fund Is Helping Service Providers Navigate the Challenges of COVID-19
The impact of COVID-19 has been amplified at the local level in Kenya and Rwanda, where non-profit service providers working with vulnerable populations are finding it more difficult to support their beneficiaries. Michael Kiema and Linda Ndungu Wambua at Instiglio explore learnings from the COVID-19 Adaptation Fund, which is providing funding to nine qualifying service providers to help them implement innovations that will support their efforts to serve beneficiaries during the pandemic.
- Categories
- Coronavirus, Entrepreneurship, Technology
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A Tentative Recovery: Survey Data Shows Signs of Progress – and Warnings of Future Distress – Among Kenyan Farmers During COVID-19
It’s estimated that over 50 million people are in need of immediate food assistance in the Horn, East and Central Africa. As the COVID-19 pandemic continues into 2021, Kenyan farmers’ ability to weather this crisis is at the heart of the region’s recovery, say Venu Aggarwal and Kelsey Jarrett at 60 Decibels. They share data 60 Decibels has collected from thousands of Kenyan farmers, revealing both slight improvements since the early days of the crisis, and the danger of more severe, longer-term financial distress.
- Categories
- Agriculture, Coronavirus
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Ensuring That Women’s Financial Access Is Not Another Casualty of COVID-19: The Value of Agent Banking
As COVID-19 continues to ravage global economies, the existing gender-poverty gap is set to widen: UN Women projects that for every 100 men aged 25-34 in extreme poverty due to the pandemic, 118 women of the same age will be living in extreme poverty this year. Peris Mburu at FSD Africa explores why agent banking is a promising solution to this growing challenge – and how its benefits can extend beyond access to finance.
- Categories
- Coronavirus, Finance
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The Public Option: How Smart Tariff Subsidies Can Boost Minigrids and Solve Africa’s Rural Energy Access Dilemma
The World Bank estimates that minigrids can provide electricity for up to 500 million people by 2030, and that the cost of minigrid electricity per kilowatt hour will decrease by two thirds in the same period. But as Daniel Kitwa at the Africa Minigrid Developers Association points out, these goals can only be realized through effective public policy, scale and innovation. He explains why a smartly designed subsidy program to reduce the cost of minigrid power for rural customers is the critical missing piece in these efforts.
- Categories
- Energy
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Doing Good by Doing Business: How B1G1’s Innovative Giving Model Is Mobilizing Small and Medium-Sized Enterprises to Make a Social Impact
B1G1 (Buy1Give1) is a global business giving initiative that makes it easy for enterprises – particularly small and medium-sized enterprises (SMEs) – to support charitable causes around the world. NextBillion spoke with founder and CEO Masami Sato to discuss how B1G1 developed its innovative model, how its approach differs from the model popularized by companies like TOMS Shoes, and why it’s important to mobilize the power of SMEs to build upon the impact of traditional charitable giving.
- Categories
- Entrepreneurship, NextBillion Originals
