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This highlights the need for a more sustainable and "community-based approach to aid distribution." Forbes also reports that some organizations, such as Shining Hope for Communities (SHOFCO), are taking different approach. Founded by Kennedy Odede, SHOFCO works closely with local leaders and community-based organizations to identify and address the "most pressing needs of the community."

This bottom-up approach has been shown to be, more effective in creating lasting change, “as it is: rooted in a deep understanding of the community’s unique challenges and strengths.” A key factor in SHOFCO’s success is its ability to empower local communities by giving them a sense of agency and ownership over their own development.

As Odede has stated, “Sustainable change comes from giving people agency and investing in collaborative… community-driven solutions.” By working closely with local leaders and organizations… SHOFCO has been able to create a model that is both effective and sustainable.

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In The News:

I grew up in Kenya's biggest slum and know from experience: International aid must shift toward community-based…

Every year, Africa receives billions of dollars of aid. Yet very little of it goes directly to local communities in need. In fact, less than 1% of global aid goes directly to local organizations . As for humanitarian assistance specifically, international organizations receive 400 times more funding than local organizations—$39 billion versus $98 million in 2022.

Even as they take the lion’s share of funding, international NGOs are questioning their own relevance. In a study where Oxford researchers spoke with 50 CEOs of leading INGOs, many said they felt stuck, hamstrung by donor expectations. And too focused on internal issues. This is a powerful admission that INGOs are too far away from the communities they’re meant to be helping. It’s a bitter pill to swallow, knowing that they will continue to compete for dollars, at the expense of the world’s most vulnerable populations.

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Fortune – Fortune 500 Daily & Breaking Business News | Fortune

Renewed rules for workplace inspections every few years are being blamed for mass return-to-office efforts.

The Fortune Recommends top picks for the best high-yield savings accounts offers customers the chance to earn over 5% APY.

The oil giant has generated $722 billion in profit since 2016, funding everything from stakes in Tesla and Uber to new mega-cities in the desert.

Source: Found here

Kenyan philanthropist Odede meets Jamaica’s deputy PM

Kenyan philanthropist and Shining Hope for Communities (SHOFCO) Founder and CEO Dr Kennedy Odede has shared details of his meeting with Jamaica’s Deputy Prime Minister Dr Horace Chang in the Caribbean country.

He was formerly the Minister of Water, Environment and Housing from September 2007 to December 2011.

“I had lunch with Dr. Horace Chang, Deputy Prime Minister of Jamaica. I also had a conversation with his family,” Odede wrote on his Instagram.

Before visiting Jamaica, the Shofco founder was in the United States where he attended the TIME100 Summit and Gala on April 24th and 25th.

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