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Kenya Eyes $244 Million Budget Support From IMF
The International Monetary Fund (IMF) plans to release $244 million to Kenya to finance its budget “in the coming weeks” after its staff expressed their satisfaction with Nairobi’s economic reforms in the face of Covid-19.
- Categories
- Agriculture, Coronavirus, Investing
- Region
- Sub-Saharan Africa
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The Overlooked Needs of India’s SMEs: Why Knowledge, Emotional and Relationship Capital are Key to their Pandemic Recovery and Long-Term Competitiveness
Small and medium-sized enterprises (SMEs) in India – and around the world – have been harshly impacted by the COVID-19 pandemic. According to Samir Sathe at Wadhwani Advantage, these enterprises will need new sources of competitive advantage – including knowledge, emotional and relationship capital – if they hope to recover and grow. He explains why these alternative forms of capital are essential to running a small business, and explores how current learning and development efforts are falling short in meeting SMEs' unique needs.
- Categories
- Coronavirus
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World Bank Lowers Growth Outlook, Eyes $170 Billion Emergency Funding
Problems pushed the World Bank to target a new emergency financing window of $170 billion for the world’s lowest-income nations.
- Categories
- Coronavirus, Finance
- Region
- Global
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Protecting Clients in a Crisis: Five Lessons BRAC Learned While Re-Engineering its Microlending Strategy During COVID-19
COVID-19 has had a harsh impact on small businesses and the people who depend on them – and this impact has also affected their lending institutions. As Sahed Shams Azad at BRAC Microfinance explains, pandemic-related business closures have prevented many borrowers from making repayments, disrupting their lives – and BRAC Microfinance's nearly billion-dollar monthly lending cycle. He explores the dramatic adjustments the organization has made to its operations in response to this crisis, and how it has protected its clients' best interests throughout the process.
- Categories
- Coronavirus, Finance
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Analysis: Covid-19 Crushes Career Dreams of Young Latin Americans
Millions of students in Colombia and across Latin America, have been forced to leave higher education due to the economic fallout of Covid-19, experts say.
- Categories
- Coronavirus, Education
- Region
- Latin America
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Ghana to Start Producing Own COVID-19 Vaccines in January 2024
Ghana will start producing its own COVID-19 vaccines in January 2024, President Nana Akufo-Addo said on Wednesday in his State of the Nation Address in parliament.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
- Tags
- vaccines
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Pfizer to Supply UNICEF up to 4 Million Treatment Courses of Novel COVID-19 Oral Treatment for Low- and Middle-Income Countries
Pfizer Inc. announced today an agreement with UNICEF to supply up to 4 million treatment courses of its COVID-19 oral treatment.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
- Tags
- vaccines
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How COVID-19 Is Reversing Energy Access in the Global South
Since the start of the pandemic, 100 million people have lost access to electricity. The off-grid renewable energy sector needs urgent support if progress towards the UN’s seventh Sustainable Development Goal, to ensure energy access for all, is to be maintained.
- Categories
- Coronavirus, Energy
- Region
- Global
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