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The company that turned African telcos into insurance brokers
In the early 2000s, UK-born Richard Leftley spent two weeks doing voluntary work in Kitwe, northern Zambia. During his stay, he met a woman who described her life as “a game of snakes and ladders” – no matter how hard she worked to get herself out of poverty, she kept finding herself right back where she started every time life rolled the dice against her.
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- Uncategorized
- Region
- Sub-Saharan Africa
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New $500 Million Co-Impact Fund Leverages Collaborative Philanthropy for Systems Change
Jeff Skoll joins Richard Chandler, Bill and Melinda Gates, Dr. Romesh and Kathy Wadhwani, and The Rockefeller Foundation in this landmark effort.
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- Investing
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Press release: USAID Announces $18.4 Million in Support of Cutting Edge Innovations
Since 2010, USAID-supported DIV innovations have collectively impacted 25 million people living in poverty and resulted in $4 in funding from outside investors, lenders and philanthropies for every U.S. taxpayer dollar spent.
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- Uncategorized
- Region
- North America
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Trump commits to reforming US development finance
The idea that the U.S. may get a new or reformed development finance corporation, which Devex previously reported, seems to be gaining momentum both in the administration, with this speech, and in Congress.
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- Investing
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A Formula for Health Equity
What could an economically advanced country like the United States possibly learn from the health-care success of a tiny, impoverished African country like Rwanda? Two things: how to broaden access and improve health outcomes while sharply reducing the cost of care.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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How India Is Moving Toward a Digital-First Economy
On November 8, 2016, India’s government did something that no other government had attempted before at the same scale: It decided to remove 86% of the country’s currency notes by value from circulation. Over the months that followed, more than 1 billion people participated in a “reboot” of the country’s financial and monetary system.
An active debate has since ensued as to how the transition unfolded.- Categories
- Finance, Technology
- Region
- South Asia
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Rich Nations Fail to Help Developing World Fight Climate Change
Clean energy investments in China, sub-Saharan African and other emerging markets fell 27 percent in 2016, to $111.4 billion, Bloomberg New Energy Finance said in a study Monday. Less than 10 percent of that spending came from rich countries.
- Categories
- Energy, Environment, Investing
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Huge private sector investment puts Paris climate target in reach, says report
At least one trillion dollars are being invested globally in ways to reduce the threat of climate change, including renewable power, energy efficiency, and public transport around the world.
- Categories
- Energy, Environment, Investing