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Big Data in a Time of Crisis: Maximizing its Value – And Avoiding its Risks – In the Fight Against COVID-19
About 2 million people around the world have been infected by the coronavirus, and the numbers continue to grow. Yet this data reveals only a fraction of the scale of the crisis. As Jessica Espey at SDSN TReNDS points out, the pandemic has exposed the acute weakness of the world’s data systems. But she cautions that, in modernizing these systems, we must not sacrifice our long-term data rights for short-term benefits.
- Categories
- Coronavirus, Health Care, Technology, Telecommunications
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An Overlooked Obstacle to Digital Finance in Nigeria: How Persistent Right of Way Issues Have Hindered Financial Inclusion
Mobile financial services have rapidly boosted financial inclusion in sub-Saharan Africa. But the region’s largest economy, Nigeria, has consistently failed to keep pace with its peers. Many analysts have attributed this to the country’s regulatory caution, but according to Olayinka David-West and Ibukun Taiwo at the Sustainable and Inclusive Digital Financial Services initiative of the Lagos Business School, there's an even more fundamental obstacle the country must overcome.
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- Finance, Telecommunications
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The World’s Most Ignored Startups: Why Our Innovation Ecosystems are Failing Creative Entrepreneurs
Millions of under-recognized artists, innovators and entrepreneurs are driving the steady growth of the world’s most untapped startup economy: creative businesses. As Priya Krishnamoorthy at Boston University explains, the creative economy generates US $2.25 trillion in revenue and creates nearly 30 million jobs globally, while impacting the lives of people everywhere. She explores why this sector should be on the radar of impact investors, non-profits and others in the innovation ecosystem.
- Categories
- Telecommunications
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Delivering Family Planning to Rural Customers: Are Mobile Pharmacies ‘Just What the Doctor Ordered’?
Pharmacies serve as key access points for family planning products in many emerging markets. In countries like Malawi, the number of pharmacies has ballooned by nearly 100% in the past 10 years. Yet it can be difficult to run a sustainable pharmacy business, especially in rural areas. Andrea Bare and Erika Beidelman at the William Davidson Institute discuss potential solutions – including an innovative mobile pharmacy – based on conversations with Malawian entrepreneurs.
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- Health Care, Telecommunications
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What Will Last Mile Distribution Look Like in 2025? Six Predictions for an Emerging Sector
From water purifiers to solar lights, the impact-oriented products can’t further development goals if they can't make it to last mile customers. Emma Colenbrader and Charlie Miller of the Global Distributors Collective explain how the organization's 140 member distributors have defied tough odds to get 13 million products and counting into the hands of last mile households. They share a first-of-its-kind report that aims to better understand the markets for these products, the customers being reached – and the business models that can reach them.
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- Energy, Telecommunications, Transportation
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New Solutions to an Old Problem: How the Internet of Things, Water Kiosks and Sensor Data are Improving Access to WASH in Kenya
When well water systems break down due to a lack of monitoring or maintenance, people can go days or even weeks without access to water for themselves and their livestock. The Kenya RAPID program seeks to solve this problem by applying innovative technology and data to improve water management and distribution. Paul Wiedmaier at Catholic Relief Services explores how the program is already making a significant impact on water access in Kenya.
- Categories
- Technology, Telecommunications, WASH
- Tags
- data, innovation, Internet of Things, water
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Finding the Right Balance: A Toolkit for Regulating Digital Financial Services in Emerging Markets
The number of financially excluded adults has dropped from 2.5 billion in 2011 to 1.7 billion in 2017, thanks largely to digital financial services (DFS). However, finding the right regulatory balance for these services is not easy: Too much regulation can undermine the business case for DFS, while too little can leave consumers exposed. Anton Didenko and Ross Buckley at the University of New South Wales discuss a recent paper that seeks to address these challenges through a comprehensive analytical framework – what they call the Regulatory Diagnostic Toolkit.
- Categories
- Finance, Technology, Telecommunications
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The Power of Messaging: How WhatsApp is Becoming a Not-So-Secret Weapon Among Small Enterprises in Emerging Markets
Doing business in emerging markets requires significant and often remote communication – from managing inventory to keeping track of transactions and employees in the field. But though donor-funded digitization efforts often focus on building payments use cases, some of the most needed advancements are happening via existing communications channels like WhatsApp, says Strategic Impact Advisors VP Hamilton McNutt. He explores the innovative ways companies are using WhatsApp – and how messaging apps could better serve their needs.
- Categories
- Technology, Telecommunications