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Want to Make Aid More Effective? Bring in the Private Sector
The question of aid effectiveness has moved to the centre of development debates. If donors want to make their aid more effective, then they need to engage strategically with the private sector . We know that development of the private sector is probably the most ...
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Social Innovation Putting Hope in the Hands of Kenya’s Starving
As the severe drought continues taking lives in Kenya and the rest of east Africa, Concern Worldwide is turning to social innovation to try to save lives. The international humanitarian organisation has created a programme that enables people to make cash transfers to buy food. It is hoped this initiative will help 20,000 people over the next five months. Earlier this year, Concern began noticing a disturbin...
- Region
- Sub-Saharan Africa
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Facing Up to the Global Water Crisis
With rising population growth and changes in the earth’s climate putting stress on the consumable 1% of the planet’s water , the global water crisis risks becoming a source of cross-border conflict. Sub-Saharan Africa is especially vulnerable given its dry climate, which is exacerbated b...
- Region
- Sub-Saharan Africa
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Esther Duflo Bribes India’s Poor to Health
Rajasthan is India’s desert state, an often inhospitable place where per capita income averages around $1.77 per day. Poverty like that--understanding it and imagining ways to fix it--is what Esther Duflo lives for. Since 2003, her Abdul Latif Jameel Poverty Action Lab (named for a wealthy Saudi donor), or J-PAL, has conducted 240 randomized, controlled trials of specific ways to help the poor. She tests poverty solutions the way medical researchers test new drugs, which can violate the p...
- Categories
- Energy
- Region
- South Asia
- Tags
- solar
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USD 7.7 Mn Japanese Aid for Nepal to Fight Poverty
Kathmandu: Japan has granted USD 7.7 million to help Nepal reduce poverty and child malnutrition. The Japan Fund for Poverty Reduction has granted the amount for three projects which will be administered by the Asian Development Bank (ADB). The ADB has teamed up with the government of Japan and government of Nepal to help reduce child malnutrition, develop new livelihood opportunity for the poor and provide greater access to clean energy for poor rural woman through ...
- Region
- Asia Pacific
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Mobile Money Operators Prepare to Roll Out Financial Services
Shut out by the formal banking sector for years, the un-banked and un-served communities in Nigeria will soon gains some respite as mobile money operators are preparing to roll out innovative solutions geared towards providing financial inclusion in the coming months. This is following the Central Bank of Nigeria’s (CBN) recent issuance of operating licenses to 11 mobile firms. The firms include: Fortis Money, UBA/Afripay, GTBank Mobile Money, Pagatech, eTranzact, Monetise, Earthole...
- Region
- Sub-Saharan Africa
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Indego Africa: Lifting Africa’s Women Out of Poverty
Promoting access and opporutnity for business-minded African women [ Video ] ...
- Region
- Sub-Saharan Africa
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Impact Investing and Social Entrepreneurship: A Way Forward
Recently, I interviewed Ron D. Cordes, Co-founder of the Cordes Foundation, which he and his wife Marty created in 2006. The primary focus of the Foundation is to utilize social entrepreneurship and impact investing as tools for global poverty alleviation. Ron has enjoyed a 25+ year career in the investment industry, having co-founded and then sold AssetMark Investment Services to Genworth Financial (NYSE:GNW) in 2006. He is currently Co-Chairman of Genworth Financial Wealth Management,...