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Analysis: Europe’s Second COVID-19 Lockdown Could Hurt African Economies
A second wave of the coronavirus (COVID-19) pandemic is forcing some European and Asian countries to implement lockdowns that could hurt the global market and many sub-Saharan African economies.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
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Analysis: How COVID-19 Is Shifting Focus to Social Enterprise in Africa
African social entrepreneurs are refocusing strategies and services to reach vulnerable populations most affected by the crisis.
- Categories
- Coronavirus, Social Enterprise
- Region
- Sub-Saharan Africa
- Tags
- food security
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Asian Development Bank Approves $50 Million Loan for Bangladesh
The Asian Development Bank (ADB) has approved a $50 million loan to help restore the economic activities of microenterprises in Bangladesh, which have been severely affected by the COVID-19 pandemic.
- Categories
- Coronavirus
- Region
- Asia Pacific
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African Development Bank Launches $50 Million Facility to Support Energy Businesses in Africa
The African Development Bank (AfDB) board of directors has approved a $20 million concessional investment from the Sustainable Energy Fund for Africa (SEFA) to establish the COVID-19 Off-Grid Recovery Platform (CRP).
- Categories
- Coronavirus, Energy, Investing
- Region
- Sub-Saharan Africa
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UN: COVID-19 to Worsen Poverty in 47 Poorest Nations
The pandemic could push as many as 32 million people in the world's least developed countries into extreme poverty, a new UN report has said. Without international action, global development goals will be missed.
- Categories
- Coronavirus
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UNICEF and Microsoft Launch Improved, Scalable Technology to Protect Vulnerable Children and Women Amid Rise in Domestic and Gender-Based Violence Due to COVID-19
Primero, an innovative online and offline application, empowers social workers to help more children.
- Categories
- Coronavirus, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- impact investing, scale, youth
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COVID-19 Impact on Women-Led Micro Business Widens Socio-Economic Gap in India: Survey
The adverse effects of the Covid-19 pandemic on women-led micro businesses in India has exacerbated the vast socio-economic gap, finds a survey.
- Categories
- Coronavirus, Investing
- Region
- Asia Pacific
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WorldRemit Lowers Transaction Cost for Remittances to Africa
The new lowered prices, allows customers to send more to family and friends via the mobile app or website to the various African corridors, where Kenya remains a key destination for remittances.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa