Devex

Devex is a social enterprise and media platform for the global development community. Devex aims to connect and inform development, health, humanitarian, and sustainability professionals through news, business intelligence, funding and career opportunities in international development. As an independent news organization, Devex employs more than 100 staff members in four locations, including its Washington, D.C. headquarters as well as offices in Barcelona and Manila.
Devex
runs a “Bloomberg-style” online community that includes job listings, networking, and international development news. The organization's website serves as a clearing-house of business and recruiting information that allows interested parties to come together in service of thousands of foreign assistance projects worldwide. Devex has over 800,000 registered members within the international development community - including development organizations, donor agencies, suppliers and aid workers - the company claims more than 1 million active users.

Devex's President and Editor-in-Chief, Raj Kumar, began the organization in 2000 as a student project at Harvard’s Kennedy School of Government. 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.

History

Raj Kumar founded Devex 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 friends and selling the company to TheStreet.com.

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

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

In 2013, USAID and Devex launched Devex Impact, a collaborative effort that brings together USAID's leadership and expertise in building public-private partnerships for development with Devex's unique capabilities and reach as the world's largest development network that connects over 500,000 professionals and thousands of donors, companies, and NGOs. Devex Impact provides the latest partnership information, news and tools available to companies, donors, recipient governments, implementers, NGOs, and professionals working at the intersection of business and global development.

In 2016, Devex released the #PowerwithPurpose list that included five women who influence the world. The list included Ngozi Okonjo-Iweala, Nigeria's former finance minister. 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, Celebrating International Journalism.

In 2017, Devex reported the largest ever contract awarded by the U.S. Agency for International Development was reporting results that put access to health commodities at risk leading to a congressional hearing 9 months later. 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.

In February 2020, Devex held Prescription for Progress, a health technology conference, where the Rockefeller Foundation and Medic Mobile announced their Medic Labs initiative. 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.

During the COVID-19 pandemic, Devex first reported the layoffs of one-third of the staff at the well-known NGO Oxfam on March 20th. On May 22, 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.

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 garnered a global response from LGBT rights groups as well as the Harry Potter film actors.

News coverage

Devex's placement as the media platform for the development community gives its reporters regular access to key development events and exclusive annual meetings with development leaders and influencers. 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 Ebola response, Devex associate editor Richard Jones travelled 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 the 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%.

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.

Services

Devex uses content-sharing and social-networking tools to dramatically reduce the time and expense which international development professionals have typically had to devote to recruiting and information-gathering. 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. Its real-time intelligence on the development sector prompted the Washington Post to compare Devex to Bloomberg L.P.’s financial information service. 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:

*Tender Reports consolidate specific procurement notices from over 150 donor agencies, which are posted on devex.com within 24 hours of their initial publication.
*Project Reports provide information on opportunities presented as part of funding for specific aid projects or programs.
*Early Intelligence Reports use interviews with agency representatives, government officials and other inside sources to provide Devex's Executive Members with project information that has not yet been publicly released.
*Business Insight Articles
*Country Pipeline Strategy Reports

References

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External links

Official website

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