In 2019, Ghana was ranked among the top ten countries for female business ownership globally. Behind this statistic is the reality that most of these women-led businesses are small enterprises in the informal sector, that operate with tight margins and a variety of challenges that hamper their capacity to grow and employ others. The issue of the gender gap has been present across all of history, in all world economies, and remains a barrier for many women today.
Earlier this month, the World Economic Forum on Africa (WEF) took place in Durban, South Africa, which convened regional and global leaders from government, business, and civil society to identify and prioritize efforts to help Africa achieve inclusive growth.
Fresh off the release of their latest report on an increasingly diversifying education landscape, Results for Development and the IDP Foundation continue moving the discussion forward on low-fee private schools.
IDP Foundation was approached by CapitalPlus Exchange (CapPlus), a local non-profit organization that works closely with financial institutions in emerging markets to serve small and medium-sized enterprises (SMEs) and assist in growing their businesses more effectively.
Last year, the United Nations convened to agree on the most important global development initiative to focus on until 2030, launching the Sustainable Development Goals (SDGs). These 17 goals are accompanied by hundreds of targets and indicators; as such, with many organizations implementing the SDGs into their work, it is crucial that the data collection process be thorough and accurate, to track and measure impact, specifically around girls and women.
The International Commission on Financing Global Education Opportunity (The Education Commission) recently launched its report on education financing at the 71st Session of the UN General Assembly. In its report, “The Learning Generation: Investing in Education for a Changing World,” The Education Commission’s vision is strikingly bold, outlining fundamentals that are razor sharp, focusing on four transformations: performance, innovation, sources of financing and inclusion.
Within the past decade, there has been a surge in low-fee private schools in some of the poorest countries across the globe. In 2010, there were an estimated one million private schools in the developing world; however, the fastest-growing group of these are small low-fee private schools, run by entrepreneurs in poor areas that cater to those living on less than $2 (USD) a day.
IDP Foundation’s co-founder, and 2015 Nazarian Social Innovator in Residence Liesel Pritzker-Simmons, recently sat down with Stephanie Kim, associate director of community strategy at the Wharton School Impact Initiative (WSII), to discuss how to invest in projects and products with the goal of affecting social, environmental and financial change.