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Amazon India to Include 10,000 E-Vehicles in Its Delivery Fleet by 2025
With the introduction of electric vehicles, Amazon India aims to reduce carbon emissions and environmental impact of delivery operations
- Categories
- Technology
- Region
- South Asia
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How ‘Market-Creating Innovations’ Can Lift Nations Out of Poverty: A Q&A with Efosa Ojomo
Efosa Ojomo is a senior research fellow at the Clayton Christensen Institute and a rising star in the world of impact-focused business. He has spoken and written extensively about the potential of innovation to lift developing countries out of poverty – including in his recent book “The Prosperity Paradox," co-written with Christensen. In this Q&A, Ojomo discusses the concept of market-creating innovations, and their unique value as a global development tool.
- Categories
- Entrepreneurship, NextBillion Originals
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Bringing the Private Sector to Public Health: How Business Innovation Can Improve Health Care Access
Engaging the private sector is an increasingly critical theme in global health, because there is no clear way to achieve universal health coverage without it. Perhaps that's why four of the five winners of the first-ever USAID Inclusive Health Access Prize are for-profit companies. Marian W. Wentworth, President and CEO of Management Sciences for Health, discusses the prize, and the movement toward private solutions to provide scalable innovation in global health.
- Categories
- Health Care
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Cathay Innovation and AfricInvest to Raise $168m Africa VC Fund
Barrier could not say when the fund would be closed, but did confirm investments could come as early as summer 2019. He expects to see strong local showing for startups from across Africinvest’s 10 country offices in Abidjan, Algiers, Cairo, Casablanca, Dubai, Lagos, Nairobi, Paris, Port Louis and Tunis. The firm will open an office in Johannesburg in the near future, according to a company release.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Climate change is a disruptor. Here’s how to harness it for innovation
The need to act on climate change is the greatest potential cause of disruption faced by new and established businesses alike, and is also the greatest catalyst for innovation for those willing to harness it.
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- Entrepreneurship, Environment, Technology
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Social Innovation Needs Data, This Free Platform Provides It
New social innovations are exciting, but there’s also great value in scaling existing solutions that show promise. There’s just one problem with this approach, says Sweta Govani: The information about these innovations is incomplete, complicated and fragmented, making it hard to determine which ones deserve support. She discusses a new solution called Global Innovation Exchange, a free, data-driven technology platform that gives funders, social entrepreneurs and others easy access to high-quality, up-to-date information about existing global development innovations.
- Categories
- Entrepreneurship, Investing
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Inexpensive Impact: The Case for Frugal Innovations
Over 4 billion people around the world lack necessities like food, water, energy, health care and housing. This represents not only a major social challenge but a major market, as low-income consumers have an annual purchasing capacity of US $5 trillion. Rajat Chabba and Sheena Raikundalia at Intellecap explore how entrepreneurs are developing innovative, frugal products to meet these customers’ needs – and why an ecosystem approach is needed to help them scale their solutions.
- Categories
- Entrepreneurship, Technology
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Affordable, Scalable, Overlooked: Evaporative Cooling Can Fight Food Loss – Why isn’t the Development Sector Embracing It?
Food loss due to lack of effective storage is a global problem: In sub-Saharan Africa alone, approximately 23 percent of available food is lost or wasted. There’s increasing interest in an innovative yet old-school solution to the problem: evaporative cooling. But though the technology can be adopted with minimal training, low up-front costs and no electricity, it is not widely used. MIT D-Lab research engineer Eric Verploegen explores five ways to increase the effective production, dissemination and usage of this technology.
- Categories
- Agriculture, Energy, Technology
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