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Why Silicon Valley’s money can’t solve Africa’s tech problems
“Parachute investing is a problem. If you’re investing in early-stage companies from an airplane, you should consider philanthropy"
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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The Funder Problem: Good Intentions Aren’t Enough
Despite their good intentions, funders are often the biggest barriers to social enterprises or nonprofits achieving impact. Open Road Alliance, a philanthropic initiative that gives emergency grants to impact-focused organizations, gathered and analyzed five years of data about roadblocks faced by over 100 grantees. Nearly half of the problems the group found were caused by funders. Laurie Michaels describes the three categories of funder-related barriers that account for the most frequent challenges – and offers some surprisingly easy fixes.
- Categories
- Entrepreneurship
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The Gates Foundation’s Education Plans Go International
To find out how the foundation could help, he and others from the foundation spoke to teachers, academics, government officials, and parents in several countries, including Ethiopia, India, Kenya, Nigeria, Pakistan, and Uganda.
- Categories
- Education
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Could Impact Investing Replace Charitable Giving?
Men are more likely than women to replace charitable giving with impact investing, the Women's Philanthropy Institute reports.
- Categories
- Investing
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These 14 billionaires just promised to give away more than half of their money like Bill Gates and Warren Buffett
Started in 2010 by Bill and Melinda Gates, worth $88.5 billion, and Warren Buffett, worth $74.2 billion, the Giving Pledge is a commitment by wealthy individuals and families to give away more than half of their wealth to causes including including poverty alleviation, refugee aid, disaster relief, global health, education, women and girls' empowerment, medical research, arts and culture, criminal justice reform and environmental sustainability.
- Categories
- Entrepreneurship
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Women Looking To Engage In Impact Investing
Women tend to be hungrier to engage with impact investing because it might resonate more with them than male counterparts, according to Mesch.
- Categories
- Investing
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World’s wealthy investing more in companies that care
Members, who include families and foundations as well as wealthy individuals, said the industry was becoming more mainstream.
- Categories
- Investing
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Behavioural Nudges: Mildly Paternalistic or a Threat to Economic Justice for the Poor?
"Nudges” – ie: the use of behavioral science insights to steer human behavior – are increasingly seen as a cheap and effective way to achieve social goals. But according to social researcher Sally Brooks, there are some troubling questions about whether the use of nudges for business purposes is good for the poor. She explores the issue through the prism of digital financial inclusion in the era of fintech and big data.
- Categories
- Inclusive Fintech, Investing
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