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AI For Humanity: Using AI To Make A Positive Impact In Developing Countries
There is a lot of untapped potential in terms of AI usage, especially in humanitarian areas. The impact could have a multiplier effect in developing countries, where resources are limited. By leveraging the power of AI, businesses, nongovernmental organizations (NGOs) and governments can solve life-threatening problems and improve the livelihood of local communities in the developing world.
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- Technology
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Brac, Osiris Group announce Impact Fund Partnership
Brac, an international development organization based in Bangladesh, has partnered with the Osiris Group, a private equity firm that invests in Asia—to establish the Impact Fund Partnership.
- Region
- South Asia
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Blockchain international aid player Aid:Tech raises €1m
Dublin-based start-up Aid:Tech revolutionises how governments, enterprises and NGOs deliver aid to refugee camps.
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- Technology
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Bill Gates pumps $158 million into push to combat US poverty
The Bill and Melinda Gates Foundation said it will spend $158 million combating American poverty over the next four years. It comes as the foundation moves deeper into U.S. issues after largely focusing on global health and development. Critics have long challenged Gates to do more to help the poor at home in the U.S.
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Inside the Jordan refugee camp that runs on blockchain
By letting a machine scan his iris, he confirmed his identity on a traditional United Nations database, queried a family account kept on a variant of the Ethereum blockchain by the World Food Programme (WFP), and settled his bill without opening his wallet.
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- Technology
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High-Tech Healing: How Salesforce.org And Other NonProfits Are Tackling Human Crises
From data analysis that alleviates human trafficking to crowdsourcing that maps remote regions, these breakthroughs are improving lives.
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- Technology
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Impact Investing Lessons for NGOs: Mercy Corps’ Scott Onder Discusses its Social Venture Fund
We don’t typically associate NGOs, particularly humanitarian organizations like Mercy Corps, with impact investing. But since 2015, Mercy Corps has run the Social Venture Fund, which invests in and accelerates the growth of innovative, scalable ventures that can positively impact millions in the developing world. NextBillion interviewed Scott Onder, managing director of the fund, about Mercy Corps' experiences as an investor, the rationale behind this ground-breaking approach – and lessons for other NGOs that may be considering a similar move.
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- Entrepreneurship, Impact Assessment, Investing
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Press release: IPA and J-PAL announce US$16 million grant from UK government to fund new research on solutions to challenges in governance, crime and conflict, and peace and recovery
Innovations for Poverty Action (IPA) and the Abdul Latif Jameel Poverty Action Lab (J-PAL), two research centers working to support evidence-informed policymaking, were jointly awarded a grant of GBP£12 million (US$16 million) from the UK Department for International Development to generate new research on effective policies to promote peace and good governance, reduce crime, and support individuals and communities recovering from conflict.
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