Devex

Last updated
Devex
Company type News organization
IndustryMedia
Founded2000;24 years ago (2000)
Headquarters
Key people
Raj Kumar, Alan Robbins, [1] Kate Warren [2]
Number of employees
120 [3]  (2020)
Website www.devex.com

Devex is a social enterprise and media platform for the global development community. It aims to connect with and inform development, health, humanitarian, and sustainability professionals through news, business intelligence, funding and career opportunities related to international development. [4] As an independent news organization, Devex employs more than 100 staff members in different locations, including Washington, D.C., where the organization is headquartered. It also maintains offices in Barcelona and Manila. [5]

Contents

Devex has more than 800,000 registered members within the international development community, including development organizations, donor agencies, suppliers and aid workers. The company claims to have more than 1 million active users. [6]

Devex's president and editor-in-chief, Raj Kumar, began the organization in 2000 as a student project at Harvard Kennedy School at Harvard University. Kumar’s goal was to lower the administrative costs of donor agencies so they could devote a greater share of resources to foreign-assistance projects themselves. [7]

History

Kumar in 2022 Raj Kumar at World Economic Forum.jpg
Kumar in 2022

Raj Kumar founded Devex in 2000 when he was working towards a master's degree at Harvard's Kennedy School of Government, after developing the digital financial newsletter Smartportfolio.com with four of his friends and selling the company to TheStreet.com. [8]

Devex expanded its media arm in 2008, [9] hiring dozens of reporters and employing freelancers worldwide. Devex produces a daily newswire covering global development news, emerging trends and issues within the development sector, and commentary and analysis from leading voices in global development.

In 2008, Devex launched the Devex Forum, an annual two-day conference that brings together the world's largest international organizations to exchange information and expertise. This includes government donor agencies, NGOs, and international corporations. The forums are held annually in East Asia, East Africa and Washington DC. [10]

In 2013, USAID and Devex together launched Devex Impact. [11] Devex Impact provides the latest partnership information, news, and tools available to companies, donors, recipient governments, implementers, NGOs, and professionals working at fields intersecting business and global development.

In 2016, Devex released the #PowerwithPurpose list that included five women who influence the world. One of the women mentioned in the list is Ngozi Okonjo-Iweala, Nigeria's former finance minister. [12] That same year, Devex and Foreign Affairs and the U.N. Foundation again partnered to host a White House Correspondents' Dinner event, Global Beat 2016 and Celebrating International Journalism. [13] [14]

In 2017, Devex reported that the largest-ever contract awarded by USAID was facing problems that put access to health commodities at risk. The report led to a congressional hearing 9 months later. [15] In December of the same year, following the #MeToo movement campaign, Devex hosted a Twitter chat using the viral hashtag #AidToo to highlight the stories of sexual abuse and survivors of sexual assault in the humanitarian aid industry. [16]

In February 2020, Devex held Prescription for Progress, a health technology conference, where the Rockefeller Foundation and Medic Mobile announced their Medic Labs initiative. [17] Devex also hosted a conversation with Ambassador Deborah Birx where she discussed her concerns about the proposed budget cuts to the U.S. President’s Emergency Plan for AIDS Relief in 2020. [18]

During the COVID-19 pandemic, Devex first reported the layoffs of one-third of the staff at the well-known NGO Oxfam on March 20, 2020. On May 22, 2020, Devex first reported the U.S. Department of State circulated a document proposing a new global health security initiative called 'The President’s Response to Outbreaks' that would consolidate international pandemic preparedness under a new State Department coordinator and establish a new central fund to fight pandemics. [19] [20]

On June 6, 2020, J. K. Rowling used an opinion piece from Devex to tweet her criticism of the use of the phrase "people who menstruate" instead of "women". The viral tweet gathered many global response's from LGBT rights groups as well as the Harry Potter film actors. [21]

News coverage

At the 2013 European Development Days in Brussels, Devex spoke to Winne Byanyima, executive director of Oxfam International, about the shifting development landscape.

While it was still in operation, Devex also regularly covered the Clinton Global Initiative, or CGI, annual meeting that convened global leaders to discuss solutions for global development challenges. In 2014, former President Bill Clinton spoke to Devex about the future of cross-sector development collaboration and partnership ahead of the CGI meeting in New York.

At the height of the Western African Ebola virus epidemic, Devex associate editor Richard Jones traveled to Guinea with the European Commissioner for International Cooperation Neven Mimica to report on European efforts to combat the epidemic. During the 2015 World Bank/International Monetary Fund Spring Meetings, World Bank President Jim Yong Kim sat down with Devex president and editor-in-chief Raj Kumar for an exclusive interview about the controversial World Bank reforms and the future of the Bank.

In May 2015, Asian Development Bank President Takehiko Nakao spoke exclusively to Devex about the merger between the Asian Development Bank and Ordinary Capital Resources.

In April 2021, Devex was the first to report UK government budget cuts for the Global Polio Eradication Initiative (GPEI) by 95%, from £100m to £5m, as well as funding cuts for water, sanitation, and hygiene cut by 80%. [22] [23]

Devex hosted a virtual forum in May 2021 during the ongoing World Health Assembly to discuss inequalities in global COVID-19 vaccine access, such as the AstraZeneca vaccine. [24]

Services

Devex uses content-sharing and social-networking tools to help international development professionals find information. [25] The features offered on Devex.com include a searchable database of over 700,000 professionals and a company directory listing more than 12,000 development companies.

Devex also provides its members with information about projects being funded by over 350 bilateral and multilateral donor agencies. [26] Its real-time intelligence on the development sector prompted the Washington Post to compare Devex to Bloomberg L.P.’s financial information service. [27] At any given time, the site provides details on as many as 35,000 active projects in the developing world. Devex members receive several types of reports on these activities including:

Related Research Articles

<span class="mw-page-title-main">United States Agency for International Development</span> United States government civilian foreign aid agency

The United States Agency for International Development (USAID) is an independent agency of the United States government that is primarily responsible for administering civilian foreign aid and development assistance. With a budget of over $50 billion, USAID is one of the largest official aid agencies in the world and accounts for more than half of all U.S. foreign assistance—the highest in the world in absolute dollar terms.

<span class="mw-page-title-main">Department for International Development</span> Former department of the UK Government

The Department for International Development (DFID) was a ministerial department of the Government of the United Kingdom, from 1997 to 2020. It was responsible for administering foreign aid internationally.

<span class="mw-page-title-main">Development aid</span> Financial aid given to support the development of developing countries

Development aid is a type of aid given by governments and other agencies to support the economic, environmental, social, and political development of developing countries. It is distinguished from humanitarian aid by aiming at a sustained improvement in the conditions in a developing country, rather than short-term relief. The overarching term is foreign aid. The amount of foreign aid is measured though official development assistance (ODA). This is a category used by the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD) to measure foreign aid.

<span class="mw-page-title-main">DAI Global</span>

DAI Global, LLC is a privately held development company with corporate offices in more than a dozen countries, including in Bethesda, Maryland, in the United States; London and Apsley, Hertfordshire, in the United Kingdom; Abuja and Lagos, in Nigeria; and Brussels, Vienna, and other European capitals.

<span class="mw-page-title-main">Ngozi Okonjo-Iweala</span> Nigerian economist (born 1954)

Ngozi Okonjo-Iweala is a Nigerian economist, who has been serving as the Director-General of the World Trade Organization since March 2021. She is the first woman and first African to lead the World Trade Organization as Director-General.

Haiti—an island country 600 miles off the coast of the U.S. state of Florida—shares the Caribbean island of Hispaniola with the Dominican Republic. Haiti has received billions in foreign assistance, yet persists as one of the poorest countries and has the lowest human development index in the Americas. There have been more than 15 natural disasters since 2001 including tropical storms, flooding, earthquakes and hurricanes. The international donor community classifies Haiti as a fragile state. Haiti is also considered a post-conflict state—one emerging from a recent coup d'état and civil war.

International aid has been provided to Palestinians since at least the 1948 Arab–Israeli War. The Palestinians view the aid as keeping the Israeli–Palestinian peace process going, while Israelis and other foreign policy authorities have raised concerns that it is used to fund terrorism and removes the imperative for Palestinians to negotiate a settlement of the Israeli–Palestinian conflict. As a provision of the Oslo Accords, international aid was to be provided to the Palestinians to ensure economic solvency for the Palestinian National Authority (PA). In 2004, it was reported that the PA, within the West Bank and Gaza Strip, receives one of the highest levels of aid in the world. In 2006, economic sanctions and other measures were taken by several countries against the PA, including suspension of international aid following Hamas' victory at the Palestinian Legislative Council election. Aid to the PA resumed in 2008 following the Annapolis Conference, where Hamas was not invited. Aid has been provided to the Palestinian Authority, Palestinian non-governmental organizations (PNGOs) as well as Palestinian political factions by various foreign governments, international organizations, international non-governmental organizations (INGOs), and charities, besides other sources.

ACDI/VOCA is an international development nonprofit organization based in Washington, D.C., United States, that fosters broad-based economic growth, increased living standards, and community development. Incorporated in 1965, ACDI/VOCA's mission is to promote economic opportunities for cooperatives, enterprises and communities through the innovative application of sound business practice. ACDI/VOCA has worked in 148 countries since 1963. Total revenues for ACDI/VOCA and its affiliates are approximately $154 million. ACDI/VOCA employs approximately 1,270 people in the US and overseas.

<span class="mw-page-title-main">Center for Global Development</span> American international development think tank

The Center for Global Development (CGD) is a nonprofit think tank based in Washington, D.C., and London that focuses on international development.

<span class="mw-page-title-main">Carsten Staur</span> Danish diplomat

Carsten Staur is a Danish diplomat who has been chairing the Organisation for Economic Co-operation and Development’s Development Assistance Committee since 2023 He previously served as the Permanent Representative of Denmark to the Organisation for Economic Co-operation and Development in Paris. Prior to this he was Denmark's Permanent Representative to the United Nations in Geneva (2013–2018), and before that Permanent Representative to the United Nations in New York (2007–2013).

<span class="mw-page-title-main">International Aid Transparency Initiative</span>

The International Aid Transparency Initiative (IATI) is a global campaign to create transparency in the records of how aid money is spent. The initiative hopes to thereby ensure that aid money reaches its intended recipients. The ultimate goal is to improve standards of living worldwide and globally reduce poverty. The IATI also publishes a standard to be used by organizations, allowing different datasets to be combined and shared.

<span class="mw-page-title-main">United States aid to Sudan</span>

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<span class="mw-page-title-main">2012 World Bank Group presidential election</span>

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Chemonics International, Inc. is a private international development firm based in Washington, D.C. It was established in 1975 by Thurston F. (Tony) Teele as a subsidiary of Erly Industries. The employee-owned company offers a variety of services globally and with more than $1.5 billion in USAID contracts in 2019 is the largest for-profit recipient of U.S. government foreign aid. As of 2019 the company has approximately 5,000 employees in 100 countries.

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<span class="mw-page-title-main">Gayle Smith</span>

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References

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