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From One Crisis to Another: Using Data from COVID to Meet the Looming Challenge of Food Insecurity
Due to a tragic combination of events, countries around the world are facing a widespread and serious food shortage, with the number of severely hungry people projected to swell to 323 million over the course of 2022. Scott Graham, Andree Simon and Anahit Tevosyan at FINCA share data – initially gathered to inform FINCA's COVID-19 response – that shows the impact of this crisis on low-income customers. They explore how financial inclusion organizations can adapt their support to help customers stave off the worst effects of the escalating food crisis.
- Categories
- Agriculture, Coronavirus, Environment, Finance
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Putting Outcomes Above Ideology: Why the Development Sector Must Recognize the Critical Role of Low-Fee Private Schools in Addressing the Global Learning Crisis
The COVID-19 pandemic has exacerbated the global learning crisis, with up to 70% of children in low- and middle-income countries unable to read and understand a simple text by age 10. Yet Corina Gardner and Stephen Caleb Opuni at the IDP Foundation argue that, despite the urgency of the situation, the development sector remains locked in an ideological debate over whether non-state schools should play a role in the global education landscape. They urge the sector to move past its resistance to private education options and instead work to ensure that these schools are properly regulated, integrated and supported.
- Categories
- Coronavirus, Education
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‘Nearly Every Indicator of the U.N. Sustainable Development Goals Is off Track’: Bill and Melinda Gates Foundation’s Report
This year's report, "The Future of Progress," especially noted the impact of the pandemic, wars in Ukraine and Yemen.
- Categories
- Agriculture, Coronavirus, Education, Energy, Entrepreneurship, Environment, Finance, Health Care, Investing, Technology, WASH
- Region
- Global
- Tags
- climate, poverty, SDGs, social impact, sustainability
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How the Pandemic Accelerated Financial Inclusion Around the World
The World Bank’s Global Findex 2021 report shows the digital revolution, which accelerated during the Covid-19 pandemic, has transformed the financial services sector.
- Categories
- Coronavirus, Finance, Technology
- Region
- Global
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FirstBank Secures $150 Million Afreximbank Pandemic Trade Impact Mitigation Facility (PATIMFA) To Support Businesses In Nigeria
Afreximbank’s financial support will be accessible to FirstBank customers involved in manufacturing and importing healthcare-related products.
- Categories
- Coronavirus, Finance, Health Care
- Region
- Sub-Saharan Africa
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World Bank Approves $474 Million Loan to South Africa for COVID Vaccines
The World Bank has approved a loan of 454.4 million euros ($474.4 million) to help South Africa fund COVID-19 vaccine purchases, the bank and South Africa's National Treasury said in a statement.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
- Tags
- coronavirus, crisis, global finance, health care, loan, vaccines
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Africa is Getting its First Full-Service Vaccine Facility
The new vaccine facility, dubbed Madiba (Manufacturing in Africa for Disease Immunisation and Building Autonomy) will be built in Diamniadio.
- Categories
- Coronavirus, Finance, Health Care
- Region
- Sub-Saharan Africa
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Press Release: DFC Financing up to US $1 Billion for Gavi COVID-19 Vaccine and Ancillary Supply Purchase and Delivery
The White House announced that US International Development Finance Corporation (DFC) and Gavi have partnered to create the COVAX Rapid Financing Facility.
- Categories
- Coronavirus, Health Care
- Region
- Global
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