In the context of the Covid-19 pandemic, cash-strapped governments across Africa will be looking for ways to fill revenue gaps. Having long faced challenges in taxing large multinational corporations and significant informal economic activities, they may be tempted to raise much-needed revenue relatively easily by imposing taxes on rapidly growing digital financial services, particularly mobile money. However, increasing mobile money usage across the continent has the potential to expand financial inclusion. And levying taxes, particularly on transactions, is likely to have a regressive effect.
A new GSMA paper by Killian Clifford explores the causes and consequences of these taxes by examining the cases of four countries where a tax on mobile money transactions was proposed. The experiences of Uganda, Cote d’Ivoire, Malawi, and Congo-Brazzaville point to several unintended consequences including the reduction or reversal of the taxes due to public outcry and a decrease in mobile money usage. The cases also illustrate the potential for these taxes to result in the deferral of infrastructure investment by operators, and to undermine financial inclusion of vulnerable groups and national digital development plans.
In this webinar, Killian will present the paper’s findings and discussants Dr. Waziona Ligomeka, Professor Njuguna Ndung’u, and Professor Mick Moore will share their thoughts. The event will be moderated by Rhiannon McCluskey and Moyosore Arewa of the ICTD, who will facilitate questions from the audience in the final 20 minutes.
Please register here to attend via Zoom. Alternatively, this seminar will be livestreamed to YouTube. This event is connected to the ICTD’s new DIGITAX programme on digital financial services, digital ID, and tax.
This webinar is part of IPA’s RECOVR Webinar Series: Bringing Evidence to COVID-19 Policy Responses in the Global South. Together with our partners, we are using this series to rapidly share what we are learning with the policy and research community to support evidence-informed response efforts. More information about other events in the series is available here.
Since March, governments and NGOs across the world have been working to provide cash support to the individuals and households most severely impacted by the COVID-19 pandemic. Still, ensuring this support reaches the right people quickly, especially in countries where data is unreliable or incomplete, is incredibly challenging.
In this webinar hosted by Innovations for Poverty Action and the Center for Effective Global Action (CEGA), representatives from academia, government, NGO, and funding institutions will share some of the innovative approaches they are using—and testing—to identify and reach those most in need of cash support.
Time: 12:00 PM – 1:00 PM EDT
IPA has partnered with the Ministry of Education in Peru (MINEDU) to provide the Ministry of Education with rapid data and evidence to assess a variety of education solutions, including distance learning, to identify the most effective ways to support children’s learning and development in the current context. This webinar will highlight four aspects of the Ministry’s approach to use data to guide its decision-making during the pandemic and subsequent recovery. Learn more at: https://www.poverty-action.org/event/recovr-webinar-series-using-data-decision-making-covid-19-peru.
10:00 AM ET
The COVID-19 outbreak has uncovered pressure points impacting women and girls across an array of key issues including rise of gender-based violence, reduced capacity to earn a living, increased risks faced by female health workers on the frontline of the fight, and limited access to sexual and reproductive health services.
Devex and Facebook are launching a series of 10 practical virtual events to create a better understanding of the gender-related issues highlighted by the current pandemic and to share important lessons learned about how data can help inform better responses to the current crisis.
Side Event to the United Nations High Level Political Forum 2020 co-hosted by the Government of Colombia, Government of the Netherlands and GRI.
In order to ensure the implementation of the SDGs, it is crucial to address the private sector’s impact and contribution to the Goals. Engaging business in the process will ultimately accelerate the transition towards a sustainable and resilient society by maximizing positive impacts and enabling cooperation.
The side-event will offer the opportunity to show how a partnership between different actors of societies, including government, private sector, UN entity and an organization can drive forward the actions on the SDGs. Both government and business representatives will contribute to the discussion.
Objectives and expected outcomes
• Share the experience of private sector engagement in the implementation of the SDGs
• Illustrate how a partnership between different actors of societies, including government, private sector, UN entity and an organization can drive forward the actions on the SDGs and lead the transition towards sustainable and resilient societies
• Build momentum and consensus, inspire other actors and governments around the world to replicate.
Time: 1:00 PM ET
Trade and Investment Opportunities in Nigeria’s Health Care Sector: A Conversation with Flying Doctors Healthcare Investment Company
Africa’s unpreparedness to handle health crises has been laid bare with the COVID-19 pandemic. The virus has also shown that a weak health infrastructure in a country or continent will expose the rest of the world to great risk.
While there are many innovative companies leveraging technology and have adapted ideas to reach the most vulnerable on the continent, very few investors understand the terrain or how impactful interventions can be. That is why experienced subject matter experts should be leading investment conversations about how to sustainably invest in and scale health innovation businesses in Africa.
Flying Doctors Healthcare Investment Company (FDHIC), a leading healthcare investment company in Africa with portfolio companies in different sectors across the healthcare value chain, seeks to start the conversation to discuss the impact of funding on the future of healthcare in Africa.
Join us in the first edition of The Conversation as we discuss with Otunba Adeniyi Adebayo on Trade and Investment Opportunities in Nigeria’s Healthcare Sector. Register now to attend.
Time: 4 pm in West Central Africa
Want to learn more about applying to the World Bank Group’s Mission Billion Challenge: WURI West Africa Prize powered by MIT Solve? Join our webinar on July 14th at 9:30am ET-New York to learn about:
- What is the Mission Billion Challenge and the WURI West Africa Prize?
- What is the West Africa Unique Identification for Regional Integration and Inclusion (WURI) program?
- Why did the World Bank launch the WURI West Africa Prize?
- What type of solutions is the WURI West Africa Prize looking for?
- What are some of the important criteria for the Challenge?
- What is the timeline for the Challenge?
- How do I participate in the Challenge?
- What support will the WURI West Africa Prize finalists and winners receive?
About the Mission Billion Challenge:
On May 27th, the World Bank Group launched the second Mission Billion Challenge powered by MIT Solve, in partnership with the Identification for Development (ID4D) Initiative and the West Africa Unique Identification for Regional Integration and Inclusion (WURI) program.
The Mission Billion Challenge offers $150,000 in cash prizes for solutions that make identification systems and social protection programs more accessible and responsive to the needs of vulnerable groups, such as informal workers, particularly at a time when countries seek to leverage digital technologies and platforms to deliver services to persons affected by the Covid-19 pandemic.
- WURI West Africa Prize: How can informal sector workers in West Africa more easily participate in social protection programs?
Time: 9:30 AM – 10:45 AM EDT