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New money

New money

FromThe Impact Room


New money

FromThe Impact Room

ratings:
Length:
79 minutes
Released:
May 16, 2023
Format:
Podcast episode

Description

Mosun Layode, Bheki Moyo, and Degan Ali discuss development funding and philanthropy in Africa.Just 14 percent of large gifts by international donors get to local NGOs in Africa, and only 9 percent of large gifts by African funders are channelled to proximate organisations, according to Bridgespan research. The rest of the money goes to governments and international NGOs.Why this happens – and what it means for on-the-ground organisations, programming, and final impact – is at the heart of this episode of The Impact Room, where we take a deep dive into African development funding and the thorny topic of decolonising aid.Host Maysa Jalbout  explores the barriers to funding grassroots entities in Africa and why the status quo is so hard to shift – but also hear about some new solutions designed to “shift the power” from donor to implementer and create more equitable partnerships.Mosun Layode, the executive director of the African Philanthropy Forum (APF), which was formed in 2014 to shift the needle on development funding on the continent, kicks off the episode with a detailed landscape analysis of leading funders and innovative initiatives.  Layode, who is also a board member of Candid and Rockefeller Philanthropy Advisors, calls for greater collaboration among donors to amplify impact and tackle systemic issues. Professor Bheki Moyo, chair and director of the Centre on African Philanthropy and Social Investment (CAPSI), at Wits University Business School in Johannesburg, South Africa appeals to philanthropists to do more to fund African civil society working on “abstract” causes, such as human rights and policy issues, rather than just supporting “materialistic” initiatives such as building schools or donating computers.Maysa's third guest, Degan Ali, is the executive director of Adeso, a development and humanitarian NGO working in the Horn of Africa.  She shares her views on why the current funding system for aid and development isn’t working, the opportunities for philanthropy to seed new approaches, and how donors can operate more equitably.A long-time activist and leading voice in the aid localization debate, Ali has recently spearheaded the launch of the Pledge for Change, calling on iNGOs to commit more equitable partnerships and authentic storytelling to create a stronger aid ecosystem based on the principles of solidarity, humility, self-determination and equality.The books, articles, and organisations mentioned in this episode include:Higherlife FoundationThe Tony Elumelu FoundationAspire Coronation Trust (ACT) FoundationKujaLinkDr. Arikana ChihomboriHoward NicholsThe art of gathering: how we meet and why it matters -  by Priya Parker Shifting sands, shifting power - Social Investor MagazineThe Impact Room is brought to you by Philanthropy Age and Maysa Jalbout. This episode was produced and edited by Louise Redvers. Find us on social media @PhilanthropyAge
Released:
May 16, 2023
Format:
Podcast episode

Titles in the series (27)

The Impact Room is a new space to connect people and ideas that make a real difference to our world. Step inside to hear stories of success and failure from a host of global guests, all working to solve some of the world’s most intractable development challenges. From youth unemployment and internet freedom, to modern slavery, neglected tropical diseases, and much more, we will be talking to and about the people and ideas that make a real difference to our world. The Impact Room is brought to you by Philanthropy Age and hosted by Maysa Jalbout.