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The Key Ingredients of COVID-19 Adaptation: How Non-Profits Leveraged Flexible Funding to Navigate the Pandemic
In October 2020, Instiglio, an anonymous donor and the Global Development Incubator launched the COVID-19 Adaptation Fund, which supported the efforts of nine non-profits in Kenya and Rwanda to adapt their programming to the challenges of the pandemic. These non-profits recently shared their experiences utilizing the funding, and Mateo Zárate and Sebastian Chaskel at Instiglio highlight some key takeaways that can be useful to other impact-focused organizations working to maintain services during the pandemic – and prepare for future crises.
- Categories
- Coronavirus, Impact Assessment, Technology
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The Beyond the Grid Fund for Africa Signs Its First Projects in Liberia
The two first agreements under the EUR 108 million facility have been signed with companies promoting energy access for low-income customers in the rural areas of Liberia.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Dental Care Startup Smiles.ai Raises $23 Million in Series A investment
Healthcare startup Smiles.ai has raised $23 million in Series A funding led by Alpha Wave Incubation (AWI). The round also saw participation from existing investors Sequoia Capital India and Chiratae Ventures.
- Categories
- Health Care
- Region
- Asia Pacific
- Tags
- innovation, startups
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Lagos, Nairobi, Kigali Entrepreneurs Invited to Apply for Global Urban Innovation Challenge for Emergent Cities
Utopia and the World Economic Forum’s new Centre for Urban Transformation have launched a global Urban Innovation Challenge to activate an ecosystem of 800 innovative urban entrepreneurs, investors, and mayors across Asia, Africa, and Latin America.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Where the ‘New Formal’ is the New Normal: Lessons on Innovation from India’s Artisan Economy
In India alone, over 200 million livelihoods are linked to the artisan economy, and the sector is a key source of employment for women and other marginalized groups. But according to Priya Krishnamoorthy and Aparna Subramanyam at 200 Million Artisans and Anandana Kapur at the Harvard Kennedy School, these largely informal creative businesses face systemic bias. They discuss the reasons for this lack of support, and explore a solution that leverages the advantages of informality and formality to empower these enterprises and the communities they serve.
- Categories
- Social Enterprise
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Nigerian Ed-Tech Startup Edukoya Raises $3.5 Million Pre-Seed Round Led by Target Global
Launched in beta this month, Edukoya connects African students with the digital curriculum content and on-demand teachers for real-time online learning.
- Categories
- Education
- Region
- Sub-Saharan Africa
- Tags
- edtech, innovation
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Visa and Belvo Combine Efforts To Develop New Open Finance Capabilities in LataAm
Belvo, the open finance API platform in Latin America has partnered with Visa, the global paytech, to drive open finance in the region. The announcement follows Visa’s investment in Belvo’s Series A funding round which saw $43million raised.
- Categories
- Finance
- Region
- Latin America
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uYilo To Scale E-Mobility Projects Across Africa After EU Funding Deal
The uYilo eMobility Programme has received multimillion-rand funding from the European Union, which it says will be used to enable and mobilise electric mobility across Africa.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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