Smarter foreign exchange strategies helped the Global Fund save $55 million in 2015. In times of volatile exchange rates, how can development organizations save money and insulate themselves against currency risks? Devex spoke to the Global Fund about its FX hedging strategies and to Cambridge Global Payments about shopping around for better FX deals.
Jorge Moreira da Silva, director of the OECD Development Co-operation Directorate, explains how development doesn't just benefit from the private sector — it requires its investment.
Step inside Project Loon, part of X, Google's moonshot factory. Yesterday, the team announced a shift in their model. And they provided more details on how their efforts represent one part of the ecosystem approach needed to connect the unconnected.
The Nigerian government seeks to harness public-private partnership in implementing its newly launched Economic Recovery and Growth Plan. The scheme aims to create a diversified economy amid structural changes that would boost its growth prospects. Okechukwu Enelamah, the Nigerian minister of industry, trade, and investment, spoke to Devex about its progress.
As humanitarian organizations seek to engage more fluidly with impacted communities, the introduction of messaging apps, such as Whatsapp and Viber, could prove vital. Results from a recent ICRC-led study indicate the need to further explore potential risks, including lack of privacy, data protection and other security threats.
Bernice Dahn has a message for the global development community: Trust recipient governments.
The 2017 Australasian Aid Conference, in Canberra on Feb. 15 and 16, gathered representatives from government, NGOs, the private sector and research community to discuss and debate issues in aid, development and humanitarian assistance, both in Australia and globally. Devex was there to provide four key takeaways about the future of Australian aid.
The former U.S. Office of Foreign Disaster Assistance director said the White House and National Security Council staff play a critical "process management" role that sets the tone for international response.
Australia has hit back at the Trump administration's gag rule by announcing $9.5 million Australian dollars ($7.3 million) in funding for the International Planned Parenthood Foundation. The announcement was met with cross-party parliamentary support and applause from Australia's development sector at the 2017 Australasian Aid Conference.
Emilio Emini spent 32 years in the pharmaceutical industry before taking on what he jokes is his retirement job. But amid growing concerns about the future of funding for HIV, he certainly has his work cut out for him.
Devex speaks with an expert from the Environmental Defense Fund about approaches to make global fisheries sustainable, which a report released today from the World Bank says will boost the profitability of the fisheries sector from $3 billion to $86 billion annually.
The former U.S. Agency for International Development chief will take over at the aid advocacy organization in late March.
Field tests of drones in the Amazon Rainforest hold important lessons for anyone considering use cases for unmanned aerial vehicles, or UAVs, for humanitarian aid, development or environmental conservation.
In a report published Monday, the International Finance Corp. looks at the minigrid sector to assess the state of the industry, identify key trends and barriers, and suggest possible solutions to help the sector scale and access finance. Here are the highlights.
The Australian Agricultural and Resource Economics Society's annual conference brought global experts in agriculture, horticulture and food security to Brisbane last week to discuss the state of play for the sector in the current politically charged world. Climate, Trump and Brexit were common points of discussion and Devex caught up with a number of speakers to discuss topics impacting the development sector.
Internet connectivity and technology have not always been high-priority or big investment areas for the Inter-American Development Bank. In fact it used to be the job of just one man — Antonio García Zaballos. Devex spoke with Zaballos to hear about the bank's efforts today.
International humanitarian nonprofits say they are putting travel plans on hold for some staffers as legal uncertainty restricts their ability to deploy the right staff to the right places.
Togo's former Prime Minister Gilbert Fossoun Houngbo beats seven other candidates, including three women, to emerge as IFAD's new president.
The World Bank has launched a new scorecard that looks at the sustainable energy policies in 111 countries, marking them green, yellow and red. The scorecard, and accompanying report, reveal policies in sub-Saharan Africa are far behind those in other countries, and that many countries are failing to take advantage of "quick win" energy efficiency policies.
Finding a new job requires a strategic approach, particularly in the uber competitive world of global development. Here are three ingredients to conducting a job search the right way.