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VCs Get Behind Disaster Tech in Search for Innovative Life-Saving Technologies
Creating profitable growth and social impact through partnerships - here’s how VCs are supporting Disaster Tech
- Categories
- Coronavirus, Health Care, Technology
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Viewpoint: Fintech Innovators Can’t Let the Coronavirus Derail Financial Inclusion
Many of us take it for granted, but accessing basic financial services is fundamental to our economic and social development. It is hard to "get on" if you are forced to hide life savings under the mattress, or rely on predatory loan sharks for credit.
- Categories
- Coronavirus, Finance, Technology
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Analysis: Why Cash Transfers Are an Efficient Method of Reducing Food Insecurity
With high levels of mobile phone and internet penetration, coupled with advanced digital technologies in the financial sector, Kenya has favourable conditions for cash transfers to the most vulnerable populations. However, corruption and lack of reliable data on beneficiaries can derail efforts to make all Kenyans food secure during and after the COVID-19 pandemic.
- Categories
- Agriculture, Coronavirus, Finance
- Region
- Sub-Saharan Africa
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U.S.-Based Fintech Venio Launches Developing World-Focused Smartphone App to Make Nano Loans
The app is the first-ever smartphone-based nano lending service for developing countries, Venio said in a statement.
- Categories
- Coronavirus, Finance, Technology
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Bill Gates Is Spending $150 Million to Try to Make a Coronavirus Vaccine as Cheap as $3
Pay more attention to what Gates is doing overseas than what he’s saying about the United States.
- Categories
- Coronavirus, Health Care, Investing
- Tags
- impact investing, vaccines
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Africa’s Fast-Growing Tourism Industry Could Lose up to $120 Billion and Millions of Jobs
“Tourism is one of the largest industries worldwide and provides 7% of Africa’s GDP,” says Dr. Annika Surmeier, an economic geographer working at the University of Manchester and the University of Cape Town. “National lockdowns and travel bans to reduce the spread of Covid-19 had devastating effects on the tourism industry and hundreds of thousands of people, often women or people from poor communities, have lost their jobs.”
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
- Tags
- tourism
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GSMA and WFP Launch Mobile Money Program to Distribute Disaster Relief
The GSMA will be working with the United Nations World Food Programme (WFP) to provide civilians with financial relief during humanitarian crises. Examples include pandemics and natural disasters, although the program is not limited to those specific situations.
- Categories
- Coronavirus, Technology
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Interview: Rwanda Harnesses Technology to Fight COVID-19, Drive Recovery
In a conversation with IMF Country Focus, Rwanda’s Minister of State in Charge of National Treasury Richard Tusabe explains how his government is leveraging technology and grass-roots networks to fight the spread of COVID-19 and ensure financial support for households and businesses.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa