MrBeast gives $200,000 directly to people in poverty

Beast Philanthropy donated $200,000 to Ugandans living in extreme poverty through GiveDirectly Beast Philanthropy is a nonprofit YouTube channel that funds and films charitable acts, putting the ad revenue from their popular videos towards their next projects. They feature MrBeast aka Jimmy Donaldson, the most watched person on Earth with over 600 million followers across […]

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The power of a mobile phone & mobile money

Mobile money is a financial technology that allows people to store, send, and receive money using basic mobile phones through text messages—no internet connection or traditional bank required. Originally developed in Kenya in 2007 with M-PESA, mobile money has grown to serve over 640 million people worldwide, with more than half of all accounts located […]

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Inflation is worst for people in extreme poverty

You’ve likely been impacted by the cost of living crisis: U.S. gas prices spiked this summer and energy prices are still at all-time highs across Europe. While overall inflation in high-income countries is at 6%, in low-income countries it’s at 9%. Consumers in wealthy countries can often switch from higher-quality goods to lower-quality ones, an […]

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