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AI in African Healthcare: The Good, the Bad and the RECKLESS
Artificial intelligence (AI) can have a major positive impact on the cost and quality of healthcare in emerging economies. But as AI gains traction in Africa's healthcare market, Mark Wien at PocketPatientMD calls out an alarming trend: New AI solutions are being introduced into actual practice without the proper safeguards, standards and scrutiny. And even worse, these solutions are often being developed by non-medical professionals and technologists, who rush to roll out new tools without caution — and without acknowledging or perhaps even understanding the risks they pose to vulnerable patients and health systems. He urges Africa's healthcare industry — including doctors themselves — to address this issue with the seriousness it deserves.
- Categories
- Health Care, Technology
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Private Business Alone Can’t Bring Energy to the Last Mile: Why Philanthropy Should Shift its Focus to Scalable Non-Profit Models
Africa is home to countless failed pay-as-you-go energy businesses that couldn't sustain themselves after their grant funding dried up. According to Aneri Pradhan at New Energy Nexus, this highlights the shortcomings of market-led approaches to last-mile energy access across the continent. She argues that philanthropic funding has largely failed to create sustainable energy businesses in these communities, as customers cannot afford clean energy at their current income levels. Instead, she encourages funders to support non-profit models that have proven their ability to reach these communities at scale.
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Global Poverty Measurement is A Mess, And it’s Holding Back the World’s Anti-Poverty Efforts
A recent Stanford University study on the impact of poverty measurement found vast differences between four common approaches, affecting both how anti-poverty programs define and measure poverty — and who qualifies for assistance. As Martin Burt at Fundación Paraguaya argues, this lack of coordination is hindering global poverty alleviation efforts. He proposes a different approach to poverty measurement: one based on listening to the perspectives of the people who are experiencing poverty, and providing them with customized strategies to address the specific challenges they face.
- Categories
- Social Enterprise
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Changing the Profitability Paradigm: A Key Report Aims to Rally Global Investors Behind a Sustainable Approach to Finance
As the global economy struggles to navigate financial crises and address shared challenges like climate change, Lucas Magnani at Convergences argues that the need to transform the profit-centric approach of traditional finance is increasingly urgent. He shares insights from Convergences' latest Impact Finance Barometer report, highlighting several ways that impact investors and others are working to put profitability and positive impact on equal footing — and some key areas where more progress is needed.
- Categories
- Investing
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Accelerating Africa’s E-Commerce Revolution: A SaaS Solution Leverages Payment and Logistics Innovation to Unleash the Continent’s Entrepreneurial Potential
Africa’s e-commerce landscape is in the midst of an ongoing revolution, as the growth in internet access has enabled businesses across the continent to sell their products locally, regionally and globally. Moulaye Taboure at ANKA explains how his company is leveraging “Software as a Service” (SaaS) innovation to connect these businesses with consumers, while providing payments and logistics services geared toward their unique needs. He shares highlights from a recent ANKA whitepaper that outlines key trends and developments in African e-commerce.
- Categories
- Finance, Technology
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Breaking Barriers, Building Futures: How Supporting Women-Led MSMEs Can Boost Empowerment and Drive Job Growth in India
Small businesses — especially women-led micro, small and medium enterprises (MSMEs) — are emerging as pivotal drivers of economic growth in India. According to Umesh Singh at Tara Candles, these MSMEs can play a key role in boosting employment — but to do so, they’ll require more support. He explores how women-led MSMEs are creating jobs and promoting inclusive growth, and discusses how the government and other stakeholders can help women entrepreneurs overcome the challenges they face in starting and running a business.
- Categories
- Education
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Nine Business Models for Productive Use of Electricity in Africa: A Framework for Generating Profit and Impact in Off-Grid Energy
Improving energy access in rural Africa is crucial for poverty reduction, but grid electricity is often inaccessible or unaffordable — and off-grid alternatives present similar challenges. Olowo Aminu, Bodunde Akinola, Nneka Chime and Mosorire Aiyeyemi at CrossBoundary argue that Productive Use of Electricity (PUE) has the potential to solve these issues, boosting household income and economic growth, while increasing profitability for energy providers. They share a framework CrossBoundary has developed to help off-grid companies and other stakeholders plan for effective PUE implementation.
- Categories
- Agriculture, Energy, Environment, Technology
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Private Sector Engagement: The Missing Ingredient in Pandemic and Epidemic Preparedness and Response Plans
At the World Health Assembly's annual meeting in May, delegates will discuss and agree upon a plan to respond to future pandemics. In advance of this crucial meeting, Frida Njogu-Ndongwe and Emily Coppel at IDinsight argue that COVID-19 and other disease outbreaks have highlighted a clear need for the private sector to help finance and implement emergency response plans for future epidemics and pandemics. They explain how engaging the private sector in these plans can enable timely, broad-reaching action that could prevent — or minimize the impact of — future outbreaks.
- Categories
- Health Care, Investing