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How Innovation Created an Off-Grid Solar Market in Rural Bangladesh — And What Other Countries Can Learn from this Model
In the early 2000s, a small-scale World Bank pilot project in Bangladesh unexpectedly grew into the largest off-grid solar program in the world. According to Nancy Wimmer at microSOLAR, the program's success provided the rest of the world with a model for how low- and middle-income countries can develop a nationwide, rural market for decentralized solar systems driven by home-grown companies. She explores how other countries can adapt Bangladesh’s market-creating innovations to their own local environments.
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- Energy, Technology
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The Global Impact of South-South Cooperation: The Case for Teaching Developing Countries’ Solutions to Business Students Worldwide
South-South Cooperation empowers developing countries to create home-grown solutions to development problems, and to share them with other countries in the Global South. According to Mette Morsing at Principles for Responsible Management Education, the business sector has a key role to play in scaling these solutions in both the Global South and North. But for that to happen, she argues that business schools must focus on increasing knowledge exchange between emerging market innovators and their peers in the developed and developing worlds.
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- Education, Technology
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Repairing Electronics: A Circular Economy Solution for Reducing E-Waste and Building Resilience in Rural Africa
The accumulation of electronic waste is an increasingly urgent issue around the world. And as Sofia Ollvid at SolarAid points out, Africa is ground zero for this problem, since a significant amount of e-waste created globally is shipped to dumpsites across the continent. She explores how repairing electronic devices can help address this challenge while also boosting the local economy, as shown by a SolarAid program that's training repair technicians in Zambia and Malawi to extend the lifespan of solar devices.
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- Energy, Environment, Technology
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Innovations in Last-Mile Delivery: How Automation Can Revolutionize the Industry in Africa
Last-mile delivery is the crucial link that connects businesses to customers in Africa’s rapidly growing economies. As Samuel Odeloye at Motions and Demilade Onajobi at RoadPreppers Technologies explain, it powers major industries like retail, e-commerce and manufacturing — but it's plagued by inefficiencies that are slowly killing the competitiveness of these businesses. They explore how Motions uses automation to address these issues — an approach they believe can transform last-mile delivery in Africa.
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- Technology, Telecommunications, Transportation
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The New Face of Emerging Market Outsourcing: Why African Talent is Primed to Reshape Global Business Processes
The global labor market has been transformed by the COVID-19 pandemic’s normalization of remote work and the resulting “great resignation,” in which high-skilled employees in developed markets have left stagnant positions in favor of more flexible, engaging jobs. As Orinola Gbadebo-Smith at Hugo Technologies explains, this has resulted in a talent shortage in sectors like business services and information technology, leading corporations to outsource increasingly more complex tasks to developing countries where workers have acquired the skills to perform them. He explores why young workers in Africa are particularly well-placed to capitalize on this shift.
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- Technology
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Forget about Mobile Money, Invest in Insurtech Instead: The Untapped Triple Bottom Line Opportunity in Nigeria
Nigeria has one of the lowest insurance penetration rates in the world, at just 0.5%. But as Brian Yu at Shecluded explains, this low uptake means the industry is poised for disruption and growth. He explores how insurtech innovators are addressing the key problems plaguing the sector — namely, a lack of accessibility, affordability and customer trust — and calls for funders to look past their traditional focus on mobile money and invest in the insurtech businesses that are transforming the way the industry serves low-income customers.
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- Finance, Investing, Technology
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Can Pay-As-You-Go Help Clean Up Clean Cooking?
Since 2015, the global focus on clean cooking has grown substantially, bringing more funding, research and attention from policymakers to the sector. But according to Tash Perros at the University of Liverpool, Iwona Bisaga at Loughborough University and Julia Tomei at the UCL Institute for Sustainable Resources, progress remains slow, especially in sub-Saharan Africa. They examine some of the reasons behind the inertia that is plaguing clean cooking access, and explore whether pay-as-you-go business models could catalyze progress.
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- Energy, Environment, Technology
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Outgrowing the Flower Pot: Why Just Selling Productive Equipment to Smallholder Farmers is Not Enough
A new wave of companies are bringing equipment powered by renewable, decentralized energy to smallholders, and these devices can significantly boost farmers' yields and product quality. But as Daniel Waldron, Christopher Emmott, Priyanka Dudeja, Paraag Sabhlok and Chris Wayne at Acumen explain, just like a tree growing in a flower pot, this new growth can become a burden if it has nowhere to go. They argue that productive equipment must be combined with market access interventions to truly benefit smallholders, and highlight two innovative companies that are demonstrating the impact of this approach.
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- Agriculture, Energy, Investing, Social Enterprise, Technology