Genesis in the news
NEWS & INSIGHTS

Can AI inclusively advance Agri-Food Systems?
Three months ago, #ChatGPT made it clear that AI is revolutionizing the world. What does this revolution mean for agriculture in low and middle income countries?
Genesis Analytics, the Bill & Melinda Gates Foundation and USAID hosted an online webinar on the impact of AI and automation in agri-food systems. The webinar presented the findings of a study into the transformative impacts of #AI and #automation in #agriculture across low and middle income countries.

First cohort of 9 innovative low-carbon projects launched in Egypt
The Climate Finance Accelerator (CFA) Egypt, funded by the UK Government, has chosen nine innovative low-carbon climate projects from across Egypt to make up its first cohort to receive technical and financial support to help them attract the investment they need.
Genesis Analytics, in partnership with Acumen Consulting Egypt, has been working with PwC to develop a sustainable pipeline of bankable, low-carbon projects in Egypt and identify suitable financing for them.

Genesis study on ECD in Burundi selected for top UNICEF award
Each year, the Best of UNICEF Research competition is run to showcase quality research with a high potential for impact to benefit children. Our Human Development team are very proud to have been selected as one of the 12 studies selected in 2022.
The study, an Investment Case for Early Childhood Development in Burundi, saw the Human Development team undertaking a comprehensive cost-benefit analysis into the long-term costs and benefits of scaling up services for young children.

Cable theft costs SA R47 billion a year – charge thieves with treason
The South African Government has proposed a six-month ban on the export of copper waste, and scrap and semi-finished metals to halt the damage caused to the economy and public infrastructure.
Genesis Analytics conducted research on government’s behalf to determine the cost of cable theft to the economy.

UK’s Climate Finance Accelerator launches in Egypt to support low-carbon projects
The Climate Finance Accelerator (CFA), a technical assistance programme funded by the UK government, will support promising low-carbon projects in Egypt and connect them with investors. Applications for the four-year programme will open next month, with each accelerator cycle for the selected project developers lasting six to nine months.

Government’s new plan to crack down on copper theft in South Africa
The Department of Trade, Industry and Competition (DTIC) has gazetted its draft policy proposals to regulate and restrict the trade of scrap metal in South Africa for public comment. Citing research from the Trade and Industrial Policy Strategies and Genesis Analytics, DTIC said copper theft from the country’s rail network and electricity grids carries an annual economic cost exceeding R45 billion in 2020/2021.

Benefits of Central Bank Digital Currencies for African Countries
Genesis has been doing some fascinating work in the Central Bank Digital Currency (CBDC) space and the blog sets out our argument for why central banks in developing countries should explore CBDC. Financial Services Strategy partner Bavani Naidoo explores the benefits here.

Why Ethiopia’s local fintechs are worried
When Ethiopia’s prime minister, Abiy Ahmed, came into power in 2018, his administration’s move to liberalise sectors which had remained closed for over a century, was initially met with optimism. One of the biggest moves was in ending the monopoly of the telecom sector, which saw the Kenyan telcom giant, Safaricom, awarded Ethiopia’s first ever private telecom license for a whopping $850 million last year. Is this a good thing?

Mark is now partner in our Centre of Digital Excellence
Congratulations to Mark Schoeman who was made a partner at Genesis Analytics. Mark has been at Genesis for more than six years and started in Financial Services before branching out to set up the Centre of Digital Excellence. On hand to congratulate him were seven of the 13 partners who are in Joburg.