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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.
- Categories
- Finance, Telecommunications
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Lights, Camera – Health Education: How Animated Videos are Advancing Maternal Health in India and Beyond
In India, there is just one government doctor for every 10,189 people – a situation that often results in poor access to pregnancy-related health care. Without reliable medical advice, many women fall prey to myths and misconceptions about pregnancy and newborn care. MedHealth TV is addressing this issue with animated educational videos in local languages. Its founder, Padma Rammoorthy, discusses the approach and its impact.
- Categories
- Education, Health Care
- Tags
- public health
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A Best Practice in the Making? How Dominica is Building the World’s First Climate Resilient Nation
In 2017, Hurricane Maria left unprecedented devastation in the Commonwealth of Dominica, with damages and losses amounting to 226% of the Caribbean nation's GDP. But according to Pepukaye Bardouille and Colin Scaife at the Climate Resilience Execution Agency for Dominica, the country has responded with a plan that could serve as an important pilot case for developing resilience in the age of climate change.
- Categories
- Environment
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Preventing Coronavirus in an Age of Distrust: The Importance of Cross-Sector Collaboration
As the coronavirus pandemic spreads, public health institutions are playing an essential role in containing the virus. Unfortunately, as Steve Schmida at Resonance points out, trust in large institutions is at an all-time low in many countries – and this is a major impediment to preventing the spread of the virus. He explores how governments can partner with both private enterprises and non-profits to boost public trust and promote efforts to contain coronavirus.
- Categories
- Coronavirus, Health Care
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Coronavirus is Shining a Light on America’s Lack of Paid Sick Leave: Here’s How Savings Can Help
As the coronavirus pandemic unfolds, public health authorities are encouraging people to stay home if they're sick. But for many U.S. workers – especially those with lower-incomes and gig economy jobs – taking a sick day is unpaid, so staying home has serious financial implications. Timothy Flacke at Commonwealth highlights this challenge, and discusses how innovative savings solutions can help.
- Categories
- Coronavirus, Finance, Health Care
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How Can Fintech Startups Address the Financial Inclusion Gap? Three Insights from the Data Standards for Inclusive Fintech
In 2018, over US $110 billion was invested in fintech startups – up 120% from 2017. But will this capital help deliver affordable and accessible solutions to low-income customers at scale? Chrissy Martin Meier at MIX explores why standardized data can highlight gaps in investment, surface promising companies, and more effectively measure inclusion – and how MIX's Data Standards for Inclusive Fintech advance those goals.
- Categories
- Finance
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A Spotlight on Effective and Inclusive Savings
Saving for an unpredictable future is one of the few genuinely universal life tenets. But for much of the past 40 years, the microfinance sector has focused overwhelmingly on credit. As Sam Mendelson and Daniel Rozas at e-MFP explain, that's one reason the 2020 European Microfinance Award is focused on “Encouraging Effective & Inclusive Savings.” They discuss the benefits of savings in introducing the €100,000 award – which is open for applications until April 15.
- Categories
- Finance
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Unlocking Off-Grid Energy Finance: What Options Are Available for the Last Mile?
Extending the power grid to underserved communities is often prohibitively expensive. That's why decentralized renewable energy (DRE) is increasingly recognized as an essential approach. However, investments remain focused on grid-connected electricity, with only 1.2% directed towards DRE solutions in 2017. Surabhi Rajagopal and Eco Matser at Hivos explore challenges and solutions in financing energy access through DRE.