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Insurance in the Age of COVID-19: The Pandemic Highlights the Need for a New Approach
With much of the world on lockdown due to COVID-19, many businesses are closing down – either temporarily or permanently – with devastating effects on individual welfare and entire economies. This has amplified the importance of insurance, says Kate Rinehart-Smit at Cenfri. She explores how the sector can make a greater impact – not only on the resilience of businesses and individuals, but on broader economic development.
- Categories
- Coronavirus, Finance
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How to Support Entrepreneurs in the Time of Coronavirus
The COVID-19 pandemic is causing falling demand, mandatory store closings, labor shortages and other challenges for businesses around the world – and micro and small businesses are especially vulnerable. How can development organizations help these critical drivers of local economies? Juan Carlos Thomas and Andrea Bettosini at Technoserve provide answers to this question, based on past experience helping businesses weather socio-political upheaval in developing countries.
- Categories
- Coronavirus, Social Enterprise, Transportation
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A Paradigm Shift for Fintechs: Why a Coherent Data Strategy Has Become a Business Necessity
The global increase in internet access has led to an explosion in digital data, with 33 zettabytes produced in 2018 alone – a number predicted to increase to 175 zettabytes by 2025 (1 zettabyte is 1 trillion gigabytes). Meanwhile, the advent of machine learning and the Internet of Things has changed the way businesses process this information. Analysts at MicroSave (MSC) explore how fintechs can leverage this new data and analytics technology to obtain a competitive edge – and to benefit their customers.
- Categories
- Finance, Technology
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India’s Impact Enterprises Need More Debt Financing to Grow: Here’s How Businesses, Lenders and Regulators Can Make That Happen
Many Indian social entrepreneurs struggle to obtain debt financing, as banks typically steer clear of these young companies, and alternative lenders charge unsustainably high interest rates. Meanwhile, India’s impact investors have shown far more interest in buying stakes in impact enterprises than lending money to them. Sudarshan Sampathkumar and Anuja Kadam at The Bridgespan Group explore solutions to this challenge, based on the findings from a new report.
- Categories
- Investing, Social Enterprise
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What’s the Matter with WASH?: Why Struggling Water, Sanitation and Hygiene Businesses Need More than Just Investment
Despite limitless demand, most water, sanitation and hygiene (WASH) businesses – particularly those serving the poorest customers – are struggling to find a market and attract investors. Annie Hall at Water & Sanitation for the Urban Poor shares insights from a new report that explores where WASH businesses are going wrong – and how investors and development sector players can help.
- Categories
- Investing, Social Enterprise, WASH
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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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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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SunCulture Wants to Turn Africa Into the World’s Next Bread Basket, One Solar Water Pump at a Time
The world’s food supply must double by the year 2050 to meet the demands of a growing population, according to a report from the United Nations. And as pressure mounts to find new crop land to support the growth, the world’s eyes are increasingly turning to the African continent as the next potential global bread basket.
- Categories
- Energy, Social Enterprise
- Region
- Sub-Saharan Africa
