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The Key Ingredients of COVID-19 Adaptation: How Non-Profits Leveraged Flexible Funding to Navigate the Pandemic
In October 2020, Instiglio, an anonymous donor and the Global Development Incubator launched the COVID-19 Adaptation Fund, which supported the efforts of nine non-profits in Kenya and Rwanda to adapt their programming to the challenges of the pandemic. These non-profits recently shared their experiences utilizing the funding, and Mateo Zárate and Sebastian Chaskel at Instiglio highlight some key takeaways that can be useful to other impact-focused organizations working to maintain services during the pandemic – and prepare for future crises.
- Categories
- Coronavirus, Impact Assessment, Technology
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Startup Funding Triples to a Record $15 Billion in Latin America
Tech investors poured a record amount of funding into Latin America last year, minting a new class of billion-dollar startups in a region rapidly becoming a target for venture capitalists.
- Categories
- Finance, Technology
- Region
- Latin America
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Leveraging Big Data to Improve Mental Health After COVID-19: An Innovative Research Method Reveals Unmet Needs and Untapped Opportunities in Nigeria
The COVID-19 pandemic has had a marked impact on the state of global mental health, particularly in emerging regions like Africa. According to Ravi Sreenath and Amy Nguyen at Ripple Research, this has generated a significant need – and a market opportunity – for digital health tools, as well as a need for better data. They assess the state of mental health in Nigeria, analyzing data from millions of conversations across news sites, blogs and social media platforms – and explore how this data reveals new opportunities for social enterprises and investors.
- Categories
- Coronavirus, Health Care, Social Enterprise, Technology
- Tags
- climate health, COVID-19, data
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Sequoia-Backed Darwinbox Turns Unicorn With $72 Million Funding
Sequoia Capital India-backed enterprise human resources (HR) management platform Darwinbox has raised $72 million as a part of its Series D funding round.
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- Technology
- Region
- Asia Pacific
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Rapper Nas joins Google in $20 Million Investment for African Gaming Company
The Grammy Award winning hip-hop star has now joined Google in Investing in Carry1st, an African mobile game publisher.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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The Path Toward Commercialization: How Research Can Generate Business Opportunities in Low- and Middle-Income Countries
Research universities and labs are important engines of innovation that play a vital role in global business development – and commercializing these innovations can deliver real-world impact. But according to Dana Gorodetsky and Sachin Nijhawan at the William Davidson Institute, there's a lack of expertise and resources related to the commercialization of research in low- and middle-income countries (LMICs). They explore the benefits of commercialization for researchers, institutions and entrepreneurs, and offer four key lessons for commercializing research in LMICs.
- Categories
- Agriculture, Energy, Technology
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Announcing Our New Series: NextBillion’s Most Influential Articles
NextBillion runs our "Most Influential Articles" contest at the end of each year, in which we select 12 of our most-read articles from the previous year and invite readers to vote for their favorites. Since 2021 marked the 10th year of the contest, we're commemorating a full decade of thought-provoking analysis and opinion from entrepreneurs, investors, researchers and others in the emerging markets business and social enterprise sectors with a new series highlighting all of NextBillion’s Most Influential Articles from 2012 to today.
- Categories
- Agriculture, Coronavirus, Energy, Finance, Health Care, Impact Assessment, Investing, Social Enterprise, Technology
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Kenyan E-Commerce Company Copia Global Raises $50 Million to Ramp up African Expansion
Kenyan B2C e-commerce company Copia Global has raised $50 million in a Series C equity round led by Goodwell Investments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce
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