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Singapore Fund Seeks $168 Million to Provide Millions of Stoves to Poor Families in India and Africa
The Indore, India-based EKI will invest US$25 million in the fund and make the stoves, according to Icam chief investment officer Deepak Mawandia.
- Categories
- Energy
- Region
- Global
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Analysis: These Startups Are Helping Women While Reforesting Africa
Rural communities and especially women are crucial to the reforestation movement.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Understanding the Coping Strategies of Financially Distressed Households: New Data Shows Their Value — And Lasting Consequences
COVID lockdowns had a grave impact on the financial health of low-income communities around the world — and as Scott Graham, Anahit Tevosyan and Andrée Simon at FINCA International point out, further financial shocks are a virtual certainty for these households. They share data gathered during the pandemic that reveals the coping strategies FINCA clients used to navigate the crisis — and they discuss how these strategies have left low-income households vulnerable to future economic disruptions and income shocks.
- Categories
- Finance
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Colombia Unveils Four-Year Development Plan Worth Nearly $250 Billion
The development plan aims to cut the percentage of the population living in extreme poverty to single digits.
- Categories
- Energy, Environment
- Region
- Latin America
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Press Release: Madagascar to Expand Access to Social Protection for Extremely Poor Households Thanks to $250 Million in World Bank Financing
This new project will be implemented over a period of four years and will target extremely poor households throughout all of the 23 regions of Madagascar.
- Categories
- Education, Finance, Health Care
- Region
- Sub-Saharan Africa
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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
- Health Care, Investing
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Fewer ‘Heropreneurs,’ More Heroic Women: Grameen Foundation’s New CEO Discusses Her Vision for the Organization – And the Broader Financial Inclusion Sector
When Zubaida Bai was announced as the new CEO of Grameen Foundation last month, she says the news was often met with two reactions: “Wow, is Muhammed Yunus your hero, too?” and “Oh, Grameen Foundation — they do microfinance, right?” As Bai writes, these reactions highlighted some common misunderstandings about Yunus and Grameen Foundation — and about the real heroes behind anti-poverty work. She explores these misconceptions, and shares her vision for Grameen Foundation and the financial inclusion sector.
- Categories
- Finance, Social Enterprise
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Himalayan Water Stress Boosts Sustainable Agriculture
As climate change and glacial retreat spawn overlapping crises in the Himalayas, including water scarcity, food insecurity and rising poverty, locals turn to community-based methods of adaptation.
- Categories
- Agriculture
- Region
- Asia Pacific
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