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Africa’s First Development

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March 10, 2022

Africa’s First Development Impact Bond For Poverty Alleviation Cuts Poverty For 95,000 People In East Africa During Pandemic

‘Poverty graduation’ program helps 14,000+ people, 75% women, start small businesses, transform families’ prospects Pilot shows potential for innovative results-based financing to drive impact, accountability in era of shrinking aid The first-ever development impact bond for tackling extreme poverty in Africa exceeded its targets, sustainably improving the livelihoods of 95,000 East Africans and shielding them from the […]

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