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Wellahealth’s Healthsend Africa Enters Kenya, Plans to Expand into Other African Countries
Immigrants can use the service to top up a website wallet system and pay for many healthcare services the company offers for their family members in Nigeria and Kenya.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Promoting Financial Inclusion in Colombia’s Rural and Post-Conflict Areas
The debt facility provided by Triodos Microfinance Fund and Triodos Fair Share Fund will enable UNI2 to further expand its loan portfolio.
- Categories
- Finance
- Region
- Latin America
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UAE Allocates $200 Million to Support Growth for Low-Income Countries
The funding will go towards the Poverty Reduction and Growth Trust, which addresses the challenges facing low-income countries.
- Categories
- Investing
- Region
- Global
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Does Universal Basic Income Really Work? Understanding the Early Findings from the World’s Largest UBI Experiment, and Their Implications for Financial Resilience
While the concept of Universal Basic Income (UBI) as a poverty solution has been widely debated, there has been limited evidence of its effectiveness. But as Tavneet Suri at MIT and Stella Klemperer at Flourish Ventures explain, that's beginning to change. They share early results from a 12-year randomized control trial exploring the long-term impact of UBI on 23,000 people in 195 villages in rural Kenya — the largest and longest UBI experiment to-date. The findings offer compelling evidence of UBI's impact on financial resilience, and can help inform the design of other UBI and cash transfer programs.
- Categories
- Finance
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Apple and Acumen Launch Cohort to Help Uplift Lives of Poor While Protecting Environment
The program has been designed to help social entrepreneurs scale and refine their businesses to transform the lives of people living in poverty, while also protecting the environment.
- Categories
- Energy, Social Enterprise, Technology
- Region
- Asia Pacific
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Using AI to Transform Impact Measurement: Overcoming Language Barriers in Global Development Research
Language and cultural barriers often create a “listening divide” between the providers and beneficiaries of global development programs. According to Daryl Collins and Pravarakya Reddy Battula at Decodis, these barriers make it difficult to develop effective anti-poverty solutions — and artificial intelligence (AI) can play a key role in addressing them. They discuss how Decodis is using AI technology to facilitate survey data collection and analysis in its poverty alleviation research, and highlight the role human intelligence must still play in guiding these efforts.
- Categories
- Technology
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Press Release: More Than 1.1 Billion African People Unlikely to Have Access to Clean Cooking Fuels and Technologies by 2050, New Study Predicts
A new Loughborough University study on clean energy accessibility in Africa forecasts that 1.1 billion people will be without eco-friendly cooking fuels or technologies by 2050.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Rethinking Scale in Agribusiness: An Impact Investor Explores the Massive Benefits of Being Small
Many impact investors have adopted the mindset of traditional venture capital, seeking out companies with the potential to reach millions of customers. But Chris Wayne and Coco Lim at Acumen argue that this single-minded focus on scale ignores the realities of agribusinesses in emerging markets, and overlooks small businesses' potential to make a deeper impact. They explore why impact investors should focus on more than just the number of "lives impacted” by their agriculture investments, moving toward a more nuanced understanding of scale in this crucial sector.
- Categories
- Agriculture, Investing, Social Enterprise