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Social Impact Bonds to Fund Student Financial Aid Program in South Africa
Two hundred million rand has been raised for the pilot project, in which 2000 students have already been selected to participate.
- Categories
- Education
- Region
- Sub-Saharan Africa
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Viewpoint: Emerging markets should welcome low-cost private schools
MORE than 250m children in developing countries are not in school. Those who do attend often fail to learn anything. According to one study of seven African countries, primary-school pupils receive less than two-and-a-half hours of teaching each day; teachers are absent from class about half of the time. Even when they show up, theirs is a Potemkin pedagogy, lecturing to nonplussed pupils. Only about a quarter of secondary-school pupils in poor countries would reach the basic level of attainment on standardised international tests.
- Categories
- Education
- Region
- Sub-Saharan Africa
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Four Cautionary Lessons About Education Technology
There is no denying that governments around the world are expanding investments in education technology, from inputs that students use directly (like Kenya’s project to put tablets in schools) to digital resources to improve the education system (like Rio de Janeiro’s school management system). As public and private school systems continue to integrate technology into their classrooms, remember that education technology comes with risks. Michael Trucano, my colleague and the World Bank's resident expert on education technology, highlighted four caveats during a wide-ranging conversation with Stephen Ladek on the Terms of Reference podcast.
- Categories
- Education, Technology
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Cuemath raises $15 million in Series B round from Alphabet
Education start-up Cuemath, run by Cuelearn Pvt. Ltd, has raised $15 million in Series B round of funding led by equity investment fund of Alphabet Inc., CapitalG (formerly known as Google Capital), the company said in a statement on Monday.
- Categories
- Education, Investing, Technology
- Region
- South Asia
- Tags
- impact investing
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IFMR Institute in Chennai to Become University Soon
Chennai-based Institute for Financial Management and Research (IFMR), is to become a full-fledged private University soon. IFMR Chennai, now in Sri City, which has been attracting students aspiring for management education, especially in social service and related areas, received letter of intent from the Andhra Pradesh State government for a Private University, said a statement.
- Categories
- Education
- Region
- South Asia
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VIEWPOINT: Liberia has to work with international private school companies to protect children’s future
Our communities are still suffering from the effects of the long civil war and the devastating Ebola outbreak. Less than 60% of school-aged children in Liberia are in school, placing Liberia in the lowest percentile of net enrollment rates in the world. Those who do attend school may not fare much better: among adult women who reached fifth grade in Liberia, less than 20% can read a single sentence.
- Categories
- Education
- Region
- Sub-Saharan Africa
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Finding the Right Last-Mile Distribution Model
Experiments in bringing market-driven solutions to base-of-the-pyramid customers are often done in isolation, with little sharing of what works and what doesn’t. To address this knowledge gap, MIT D-Lab created the Practical Impact Alliance, which brings together leaders from diverse organizations working in inclusive business. The group has just released a 43-page guide called Best Practices for BoP Door-to-Door Distribution.
- Categories
- Education
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New Paradigm for Leadership – Everyone Leads
In today's complex, interconnected world, operating under the dominant leadership paradigm in society – one in which few lead and everyone else follows – is proving ineffective. In this article, the most popular post on NB in May, Ashoka identifies ways in which leading social entrepreneurs are seeing things differently, enabling them to envision new possibilities. It's in the running for the Most Influential Post of 2016.
- Categories
- Education, Social Enterprise