Public-private partnerships for development continue to play a prominent role in American global development policy and strategy. President Barack Obama’s administration has prioritized leveraging private sector investment for development. The President’s Global Development Council — a special advisory group comprised of public, private, academic and nongovernmental representatives — continues to emphasize galvanizing the private sector and […]
Key Facts
U.S Treasury Announce Major Rule Changes To Support Global Entrepreneurs And Impact Investment
President Obama, along with 182 heads of state, will sign the Sustainable Development Goals (SDG) today at the United Nations General Assembly. But earlier this week, the Obama Administration’s Treasury Department announced two major regulatory changes that could unlock significant amounts of capital, innovation and entrepreneurial energy for development worldwide. The seventeen SDG’s create a […]
GE Commits $300 Million To New Emerging Markets Business
GE Healthcare is allocating $300 million to jump-start a newly-created business unit called Sustainable Healthcare Solutions (SHS) dedicated to emerging markets. The unit will develop and market low-cost, value-based products and services to boost healthcare delivery across multiple settings in African and Asian countries. SHS will build on GE’s experience of partnering with government institutions […]
How would the finance boffins do global development?
I spent an afternoon with a bunch of NGO finance directors this week. It was more interesting than you might think; money is the lifeblood of the aid business, and financial directors have the best overview of how that blood circulates, from one end (fundraising) to the other (programmes and advocacy). Not only that but […]
Ending Maternal and Child Deaths in Kenya-The Private Sector Can Help
In recent times, attention is turning to the role of the private sector in delivering quality health care. This was a key point at the Third International Conference on Financing for Development held in July 2015 at Addis Ababa. The President of Kenya, H.E Uhuru Kenyatta remarked at the event, that, “for all that progress, […]
Vietnam Plans to Turn to Private Sector to Develop Infrastructure
Vietnam will need around $48 billion from 2016 through 2020 to improve the country’s weak transportation infrastructure, the country’s government says. The government said in a statement on its website that the country will have to seek funding from new sources, including from the private sector, due to constraints on the state budget. Wall […]
Donors and social entrepreneurs: An evolving partnership
The options of where to turn are only increasing as types of innovative finance from crowdfunding, peer-to-peer lending and venture capital, to angel investors and foundation funding continue to grow. Development donors, too, are increasingly exploring how to put their money to work in supporting entrepreneurs — sometimes that offers a great opportunity to test […]