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How Foreign Aid Can Innovate Itself Out of Existence: Exploring the Potential of Market-Creating Innovation for Sustainable Development
The foreign aid sector has long been criticized for its inability to generate consistent economic growth and poverty alleviation in developing countries. According to Efosa Ojomo at the Clayton Christensen Institute for Disruptive Innovation, a new approach to aid is needed: one that recognizes the power of business innovation to create new markets that advance local prosperity. He discusses a new pan-African initiative based on that approach, which aims to mobilize aid, business and African institutions to build new markets that generate self-sustaining economic growth.
- Categories
- Entrepreneurship, Health Care, Investing
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Analysis: Here’s How 16 Social Innovators Are Leading Change at Davos
The Schwab Foundation’s Social Innovators of the Year 2023 includes a list of outstanding founders, business leaders, and government reformers.
- Categories
- Technology
- Region
- Global
- Tags
- climate change, COVID-19, innovation
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Loom Solar Raises $2 Million Funding from SIMA Funds
Loom Solar has raised $2 Million funding from US based Social Investment Managers and Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others.
- Categories
- Energy
- Region
- Asia Pacific
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Analysis: How Social Enterprises Offer Big Businesses Pathways to Sustainable Innovations
Social enterprises already partner with business but there is much room for broadening the scope within value chains.
- Categories
- Entrepreneurship, Environment
- Region
- Global
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COVID-19 Brought a Surge in African Healthtech Innovation, but How Viable Are the Startups Now?
African healthtech startups have gained prominence in recent years due to their potential to improve healthcare access and outcomes on the continent.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Just Useful… Or Truly Catalytic? How Entrepreneurs Really View Catalytic Capital — And What Impact Investors Can Do About It
Much of the attention in the impact finance sector tends to go to the stewards of capital — investors, foundations and other funders — most of whom firmly believe that catalytic capital is the type of finance that entrepreneurs value most. But as Bjoern Struewer at Roots of Impact and Jed Emerson at Tiedemann point out, it's unclear if investors' assumptions about the value of catalytic capital align with entrepreneurs’ actual opinions about it. They discuss new research that explores what entrepreneurs really value in this type of financing — and how these structures might be improved.
- Categories
- Entrepreneurship, Investing
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South African Aerospace Startup Readies for Launch From Cape Canaveral
Images from Dragonfly’s EOS SAT-1 will be helpful for harvest monitoring, application mapping, planning for the season, and assessments that look at soil moisture, yield prediction, and biomass levels.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change, innovation
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MyHealth Africa, a Startup Connecting Patients With Health Specialists Across the Globe, Lands $1 Million Funding
Kenya-based MyHealth Africa is an integrated healthcare platform changing how people access medical services.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa