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Press release: African Development Bank, Nordic Development Fund and Partners launch Off-Grid Energy Access Fund with US$58 million
The Off-Grid Energy Access Fund (OGEF) had its first close on Thursday, 2 August 2018 with committed capital of US$ 58 million from the African Development Bank, the Nordic Development Fund, the Global Environment Facility, Calvert Impact Capital and All On.
- Source
- Press release
- Region
- Sub-Saharan Africa
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Why Airtel, Telkom have failed to whittle down Safaricom market share
Airtel Africa boss Raghunath Mandava had a rare chance to get excited last week when results of the Indian telecommunications giant were released. The chief executive officer, who had seen the African business lose so much money that his parent company Bharti Airtel started considering pulling out of some key markets on the continent, had for the first time a different story to tell investors.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Female-owned businesses driving economic growth, reducing inequality in Ghana
Microenterprises owned by females have been promoted as a powerful engine of economic and social growth, poverty alleviation and a promenade to the elimination of gender inequality. At the same time, research has documented gender gaps in microenterprise business performance and investment, which can serve to reproduce gender inequality and hinder economic growth.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Whatever Happened To … The Car Mechanic Who Invented A Device To Pop Out A Baby?
In 2013, NPR reported on an improbable inventor: Jorge Odon, a middle-aged car mechanic who — inspired by watching a stupid party trick — designed a medical device that could revolutionize childbirth. Here's how we described it: "The Odon Device ... guides a folded plastic sleeve around the baby's head. A little bit of air is then pumped between the two plastic layers, cushioning the baby's head and allowing it to be sucked out."
- Categories
- Health Care
- Region
- Latin America
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AI For Humanity: Using AI To Make A Positive Impact In Developing Countries
There is a lot of untapped potential in terms of AI usage, especially in humanitarian areas. The impact could have a multiplier effect in developing countries, where resources are limited. By leveraging the power of AI, businesses, nongovernmental organizations (NGOs) and governments can solve life-threatening problems and improve the livelihood of local communities in the developing world.
- Categories
- Technology
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How Africa can up its game on water management for agriculture
About 12 million hectares of land become degraded each year. Droughts and floods are becoming more frequent and larger. For a host of reasons Africa is at the eye of this storm.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Oil’s Surge Clouds Clean-Air Quest in Emerging Economies
The nations are embracing such supplies once again as crude’s recovery exacerbates economic pain and boosts inflation, threatening to undermine efforts made during oil’s slump to curb pollution.
- Categories
- Energy, Environment
- Region
- Asia Pacific
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Viewpoint: Prescription only access to antibiotics could exacerbate health inequalities in LMICs
On the surface, prescription only access to antibiotics—a policy which is common in high income countries but rare in low and middle income countries (LMICs)—seems a reasonable approach to combat AMR. However, we’d argue that this approach is both infeasible and inequitable in many LMIC settings.
- Categories
- Health Care
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