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Fintech is Not Enough: Why Startup Investments in Africa Must Diversify Across Sectors
Africa is often considered one of the world's largest untapped venture markets, and this potential has fueled interest in the region's tech startups. But as Elo Umeh of Terragon Group explains, though investments have been increasing, they have typically focused only on certain sectors, like fintech and off-grid tech. He explores the value in diversifying these investments across other growing industries, including edtech, agritech and martech, and urges founders and investors to extend their resources to build a robust and complementary technology ecosystem on the continent.
- Categories
- Investing, Technology
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The Value and Limitations of Market-Based Innovations for Impact: Three Takeaways After COVID-19
The COVID-19 pandemic has made one thing clear: Digital innovation in service delivery and infrastructure is critical to economic inclusion – both in emerging markets and around the world. But as Tilman Ehrbeck at Flourish Ventures points out, the crisis has also provided a humble reminder that digital infrastructure, private-sector innovation and market-based solutions are not sufficient to ensure broad-based prosperity. He shares three observations, rooted in the experiences of the pandemic, about the value — and limitations — of private-sector approaches in a post-COVID-19 world.
- Categories
- Coronavirus, Technology
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Trash Talk: Why the Circular Economy Could be Sub-Saharan Africa’s Latest Leapfrog Industry
From mobile banking to off-grid energy, sub-Saharan Africa has shown a tendency to leapfrog the rest of the world in establishing widespread access to digital infrastructure and new technologies. Tine Fisker Henriksen at BESTSELLER Foundation explores how the continent is making similar strides in the circular economy. She shares how enterprises across the region are taking innovative approaches to waste management, developing groundbreaking approaches to waste collection and recycling – while also supporting the often-informal workers who power the industry.
- Categories
- Entrepreneurship, Technology, WASH
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Improving the Outcomes-Readiness of Implementors – A Key Step Towards Scaling Results-Based Financing
With less than a decade left to achieve the Sustainable Development Goals, the development financing gap has widened. According to Gagandeep Nanda at Dalberg and Dhun Davar and Sietse Wouters at UBS Optimus Foundation, results-based financing can provide a solution. But though organizations have high interest in participating in results-based financing, many are not ready to take on funding that is tied to outcomes instead of inputs and activities. They share five characteristics of effective outcomes-ready implementing organizations, and five ways these groups can be set up for success.
- Categories
- Impact Assessment, Investing
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South Africa’s Khula Closes $1.3 Million Seed To Scale Its Software-for-Agriculture Platform
Inadequate financing, education and input distribution persist, but startups such as Khula are providing innovative solutions to these problems.
- Categories
- Agriculture, Education, Technology
- Region
- Sub-Saharan Africa
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Monitoring and Evaluation in E-Learning: Five M&E Practices to Measure and Boost the Impact of Online Education Programs
Educational institutions, businesses, nonprofits and other organizations have turned to e-learning during the COVID-19 crisis, and these approaches are likely to remain prevalent in a post-pandemic world. According to Yaquta Kanchwala Fatehi of the William Davidson Institute and Salma Elbeblawi of Soliya, virtual exchange is an area of particular interest and innovation within the broader online education space. They share five key monitoring and evaluation insights that can strengthen these programs in real time – and that can be applied to a variety of e-learning programs.
- Categories
- Education, Impact Assessment, Technology
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Analysis: How Collaborations with Social Entrepreneurs Are Helping to Make the SDGs a Reality
Social innovators are tackling some of the world’s greatest threats – and by working more collaboratively, are shifting the entire landscape of the social change sector.
- Categories
- Coronavirus, Entrepreneurship
- Region
- Global
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Chat for Impact Summit Powered by WhatsApp Names Final 10 Social Justice Organizations to Join Impact Accelerator
A panel of five independent judges has selected the 10 organizations that will join the Chat for Impact Summit’s Accelerator, enabling each one to build and launch a WhatsApp messaging service that enhances their work to advance social justice and equality.
- Categories
- Technology
- Region
- Global
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