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How Foreign Aid Can Innovate Itself Out of Existence: Exploring the Potential of Market-Creating Innovation for Sustainable Development
The foreign aid sector has long been criticized for its inability to generate consistent economic growth and poverty alleviation in developing countries. According to Efosa Ojomo at the Clayton Christensen Institute for Disruptive Innovation, a new approach to aid is needed: one that recognizes the power of business innovation to create new markets that advance local prosperity. He discusses a new pan-African initiative based on that approach, which aims to mobilize aid, business and African institutions to build new markets that generate self-sustaining economic growth.
- Categories
- Entrepreneurship, Health Care, Investing
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Lessons in Resilience: What an Impact Investor Learned from an Entrepreneur Who Refused to Give Up
Entrepreneurship is a long game, and winning often comes down to grit. One case in point: Arindam Dasgupta, the co-founder and CEO of Tamul Plates, who has built a thriving business in India despite the historic challenges of recent years. Sachi Shenoy at Calidris and Steve Schwartz at the World Economic Forum were early investors in Tamul Plates through Upaya Social Ventures, the impact investing firm they co-founded. They discuss what Dasgupta has taught them about the qualities and practices investors should look for when seeking resilient entrepreneurs.
- Categories
- Entrepreneurship, Investing
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New Community Solar Microgrids for Nigeria
Energy services company Husk Power Systems has secured funding from Germany’s development finance institution DEG.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: The United States Agency for International Development (USAID) Advances Women’s Economic Security Through the Gender Equity and Equality Action Fund
The Agency will strive to increase incomes and opportunities for women, recognizing that this benefits entire communities, economies, and countries.
- Categories
- Entrepreneurship, Investing
- Region
- Sub-Saharan Africa
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Kenya’s Job Market Continues to Stagnate Despite Economic Success
Since 2013, Kenya's labor market has stagnated according to the Kenya Institute for Public Policy Research and Analysis (KIPPRA) latest economic outlook.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- employment, scale
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Afghanistan’s Taliban Ban All Education for Girls
Afghan girls and women have been squeezed out of public and professional life since the Taliban takeover last year
- Categories
- Education
- Region
- North Africa & Near East
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Report: Women Now Run One In Three High-Growth Companies, Despite A Worldwide Lack Of Access To Capital
The GEM reports, produced by a consortium of universities, make up one of the most comprehensive bodies of current data on entrepreneurship around the globe.
- Categories
- Entrepreneurship
- Region
- Global
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How Art Indices Are Changing the Narrative of the Indian Art Market
What makes some works of art so pricey is a question that has intrigued many of us. Art indices solve this mystery to some extent and bring transparency and consequentially global exposure to the art market.
- Categories
- Investing
- Region
- Asia Pacific