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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.
- Categories
- 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.
- Categories
- 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.
- Categories
- 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.
- Categories
- 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.
- Categories
- 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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