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COVID-19 Has Resulted in Largest Global Economic Contraction in 80 Years, Say World Bank and IMF
The World Bank and the International Monetary Fund said the global economic contraction caused by the ongoing coronavirus pandemic is the largest in the last eight decades, raising the world poverty rate, exacerbating inequalities and damaging long-term economic growth prospects.
- Categories
- Coronavirus, Investing
- Region
- Asia Pacific
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Avoiding Information Overload: Four Lessons From a Performance Manager on How To Use Data To Drive Development Outcomes
Development impact bonds (DIBs) are a popular way to drive successful social outcomes – but assessing a program's effectiveness requires a lot of data. Dayoung Lee and Dia Banerjee at Dalberg Advisors share lessons they've learned from managing the performance of the world’s largest education DIB, showing how data can improve outcomes without causing undue burdens on the organizations that should be benefiting from it.
- Categories
- Education, Investing, Technology
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Africa’s Business Heroes Competition Announces Top 10 Finalists
The Africa Netpreneur Prize Initiative on Monday unveiled the top 10 finalists of the second annual Africa’s Business Heroes, a competition organized by the Jack Ma Foundation to identify and recognize the continent’s top entrepreneurs.
- Categories
- Energy, Entrepreneurship
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Kimberly-Clark, Kotex To Mentor Startups Focused on Women’s Health, Access To Sanitation
The Toilet Board Coalition (TBC), with the strategic support of Kimberly-Clark and its Kotex brand, has launched the Women in the Sanitation Economy Innovation Lab — which seeks to cultivate and catalyze early-stage ideas and businesses within the Sanitation Economy that are led by women and/or focused on women’s health.
- Categories
- Entrepreneurship, Finance, Investing, WASH
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When the Economics Don’t Work: Realigning Capital Markets with Development Impact
Agricultural SMEs in Africa face a daunting finance gap, and as Brian Milder, founder and CEO at Aceli Africa points out, current lending approaches aren't enough to fill it. He explores Aceli's solution: taking blended finance a step further by creating a mechanism to align impact with financial sustainability for capital providers across the entire marketplace.
- Categories
- Agriculture, Finance, Investing
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Salesforce Ventures Launches $100 Million Impact Fund To Invest in Cloud Startups With Social Mission
When Salesforce Ventures launched the first $50 million Impact Fund in 2017, it wanted to invest not only in promising cloud businesses, but startups with a socially positive mission
- Categories
- Entrepreneurship, Finance, Investing, Technology
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Press Release: Tideline Launches Impact Verification Business, “Bluemark,” To Strengthen Trust and Accountability in Impact Investing
The Rockefeller Foundation and Radicle Impact have agreed to be founding investors in BlueMark
- Categories
- Entrepreneurship, Environment, Finance, Investing
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Making Smartphones Relevant for the World’s Poorest Farmers: An Interview With AgUnity CEO David Davies
Extreme poverty is increasing in countries around the world, particularly in last-mile communities where most people work in agriculture. In this Q&A, AgUnity CEO David Davies discusses his company's efforts to leverage low-cost smartphones and other technologies to provide smallholder farmers with practical tools to connect with each other and work their way out of poverty.
- Categories
- Agriculture, Coronavirus, Finance, Technology
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