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When Economies Turn Down, Entrepreneurs Turn Up: How COVID-19 Has Spurred Nigerian Businesses to Build for an Inclusive Future
The COVID-19 crisis has devastated lives and livelihoods around the world. But as Eloho Omame at Endeavor points out, it has also re-shaped economies in more positive ways, revealing businesses' weak spots, areas for improvement and inefficient processes. She explores the impact this is having on Nigeria’s innovation ecosystem, where entrepreneurs have built or adapted business models that have saved lives, created jobs, and contributed to economic prosperity and the digitization of the economy.
- Categories
- Coronavirus, Entrepreneurship
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Lake Turkana Wind Power to Take Full Advantage of Digitization
Software as a service company Clir Renewables has today announced a partnership agreement with the Kenyan-based Lake Turkana Wind Power (LTWP).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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The Big Impact of Small Improvements: How Last-Mile Distributors Have Responded to COVID-19 with ‘Incremental Innovation’
Distributing beneficial products in last-mile communities has always been difficult, but COVID-19 has made it much harder, exacerbating many of the challenges that last-mile distributors were already facing. Emma Colenbrander and Gerwin Jansen at the Global Distributors Collective explore innovative solutions to some of these challenges, many of which have tended to be incremental rather than radical.
- Categories
- Coronavirus, Entrepreneurship, Technology
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A Boon for Online Commerce: How COVID-19 is Transforming the Industry in Bangladesh
COVID-19 has been merciless to the world and its economy in general. But according to analysts at MicroSave (MSC), it has boosted a few sectors – like digital/contactless payments, e-commerce and Facebook commerce (or f-commerce). They explore how the pandemic is accelerating the online commerce industry in Bangladesh, and how regulators and other stakeholders can support its growth.
- Categories
- Coronavirus, Finance, Technology
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Digitisation of Remittances Can Support Africa’s Economic Recovery
Across the continent, where tourism and hospitality have come to a grinding halt, thousands of jobs have been lost in both the formal and informal sectors. Amidst this gloomy narrative, a shining light has been the formidable resilience of remittance flows into African markets after the initial shock of the pandemic and national lockdowns.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Data + Digitization: The Key To Helping African Banks and Microfinance Institutions Support Their Customers During COVID-19
Thanks to COVID-19, the IMF projects 2020 to be the worst year for Africa's economic growth since its record-keeping began in 1970. And concerns are also mounting about the likelihood of an increase in non-performing loans, which will impact businesses, industries and individuals across the continent. Cate Rung at Pngme explores how financial technology – including a unified data API platform – can help banks and microfinance institutions weather this crisis, while delivering services that comply with social distancing measures.
- Categories
- Coronavirus, Finance, Technology
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Press Release: Acceso Acquires Leading Digital Field Agent Extensio To Transform Smallholder Agriculture in Latin America and the Caribbean
By combining forces, Acceso and Extensio will offer smallholder farmers an unparalleled and holistic solution, providing them with both digital and in-person information and training, agricultural inputs, affordable credit, and guaranteed market access to boost productivity and increase income levels in an efficient and cost-effective way.
- Categories
- Agriculture, Technology
- Region
- Latin America
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Indian Startups Are Out To Digitize Dairy Farming
Dairy startups such as Country Delight and Stellapps are leveraging technologies like internet of things (IoT) and data analytics to increase the production and quality of milk and expand value-added dairy offerings like cheese, butter, ghee leading to an increase in the productivity and income of farmers.
- Categories
- Agriculture, Technology
- Region
- Asia Pacific
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