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Aid spent on private schools doesn’t reach world’s poorest children, MPs say
The report, which is released as the Department for International Development (DfID) reviews its education projects, said the amount of aid money dedicated to schooling has fallen over recent years. In 2011, 10% of DfID’s spending went on education projects, but this had fallen to 7% by 2015. MPs call for a “significant increase” in the amount invested on education, especially early years projects.
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- Education
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Off-Grid Electricity Projects Are Starved for Funds
A first-of-its-kind analysis of the flow of capital, released in September by the United Nations’ Sustainable Energy for All program, shows that off-grid systems simply are not getting the support they deserve.
- Categories
- Energy
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Study says keeping 1 billion people in the dark costs poor countries dearly
Research from the Overseas Development Institute shows improving access to off-grid electricity, such as solar-home systems and clean energy mini-grids, can boost development.
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- Energy
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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