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Canva Founders Made a “No Strings Attached” $150 Million Cash Donation to Malawi’s Poorest

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In a gesture that is likely to open debate about aid options, Canva billionaires Melanie Perkins and Cliff Obrecht are investing $150 million in an ambitious experiment that challenges conventional aid by putting cash directly into the hands of Malawi’s poorest households.

Since launching the initiative in 2021 through the Canva Foundation and nonprofit GIVEDIRECTLY, the couple has expanded what began as a $10 million pilot into the largest unconditional cash transfer program ever attempted in a low-income country.

Their strategy is not building infrastructure or distributing food, but the programme sends cash directly to recipients via mobile phones, with no strings attached. Each adult receives about $550—an amount that can exceed a year’s income for many Malawians.

The initiative has expanded rapidly. With initial commitment of $50 million between 2021 and 2023, the couple pledged another $100 million in October 2025, so far the largest single donation in GiveDirectly’s history.

In justifying the initiative, the founders said Canva has always been guided by what they call a “simple yet ambitious” two-step plan.

According to them: “Step One is to build one of the world’s most valuable companies. Step Two is to do the most good we can. With more than 30% of Canva’s value (shares) committed to doing good in the world, this vision has shaped everything we do, from the products we create to the kind of company we’ve strived to be.”

So far, more than $52.5 million has reached recipients, with the remainder scheduled for distribution over the next four years.

Early results have been striking. In Malawi’s Khongoni sub-district, where every adult received cash, 90% of recipients rose above the extreme poverty line within three months, according to GiveDirectly.

The result, according to the organisation’s reported, is a 48% decline in child mortality, a 27% reduction in illness and a 23% increase in school enrolment. More than 139,000 people have benefited from the programme.

Researchers have also found broader economic gains. A study showed that every $1,000 transferred generated roughly $2,400 in local economic activity as recipients spent and reinvested the money in nearby businesses. Fears that the influx of cash would trigger inflation failed to materialise, with markets absorbing the increased spending.

Testing the model
The next phase is even larger. In Malawi’s Chiradzulu district, the program aims to reach 185,000 people by early 2027 in what GiveDirectly says is the world’s largest randomised controlled trial of unconditional cash transfers.

Conducted in collaboration with the Malawian government, the study will examine whether additional support, such as technical assistance or community grants, yields better outcomes than cash alone.

For Perkins and Obrecht, the project reflects a broader philosophy. The pair, who signed the Giving Pledge in 2021, have committed to donating most of their Canva wealth through their foundation. Their belief is simple: people experiencing poverty are often best placed to decide what they need most.

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FG Begins ₦50,000 Monthly Cash Relief for Vulnerable Nigerians

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The Federal Government has commenced a monthly cash relief programme offering ₦50,000 to vulnerable Nigerians to cushion the effects of rising living costs and economic hardship.

The Minister of Humanitarian Affairs and Poverty Reduction, Bernard Doro, disclosed this in a statement issued on Friday in Abuja, announcing the National Emergency Relief and Stabilisation Intervention (NERSI), a presidential initiative aimed at providing direct financial support to millions of vulnerable households.

Doro said the intervention was introduced in response to global food inflation and rising prices of essential goods, which continue to put pressure on household finances.

Under the programme, eligible beneficiaries will receive ₦50,000 monthly to help meet essential needs and ease the burden of the rising cost of living.

The minister explained that the intervention would be reviewed periodically in line with prevailing economic conditions, with beneficiaries notified directly before any adjustment.

He said the ministry was working with licensed digital financial service providers to ensure secure, transparent and timely disbursement of the funds.

According to him, beneficiaries will receive text messages from the providers seeking their consent before payments are made directly into their bank accounts or mobile wallets.

Doro clarified that beneficiaries are not required to apply, pay any fee or register through agents to access the programme.

He warned Nigerians against fraudsters, urging them not to disclose their Personal Identification Numbers (PINs) or Bank Verification Numbers (BVNs) to anyone.

The minister advised those uncertain about any message or facing demands for payment to contact the official NERSI helpline on 0700-022-2222.

He said the intervention complements existing Federal Government social protection and economic support programmes, while strengthening household resilience and economic stability.

Doro added that the initiative aligns with President Bola Tinubu’s Renewed Hope Agenda and underscores the ministry’s commitment to delivering social support with dignity, transparency and accountability.

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Ekiti Bureau Congratulates Oyebanji, Prioritises Curbing Capital Flight

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The Ekiti State Bureau of Local Content has congratulated Governor Biodun Oyebanji on his inauguration for a second term in office, pledging to prioritise efforts to address capital flight and strengthen the state’s economy.

The Bureau, in a congratulatory message issued by its management, and signed by the director of Admin Mr Tope Fasoyin, described the governor’s second-term inauguration as an opportunity to consolidate the achievements of his first tenure and advance policies aimed at promoting sustainable economic development in the state.

 

The agency reaffirmed its commitment to supporting the governor’s vision of retaining more economic resources within Ekiti State through effective implementation of local content policies.

 

It said efforts would be intensified to promote the participation of indigenous businesses in government projects, encourage patronage of locally produced goods and services, and create more opportunities for local contractors, suppliers, and service providers.

 

According to the Bureau, prioritising local content would help reduce capital flight, stimulate indigenous enterprise, create employment opportunities, and ensure that more economic benefits accrue to the people of Ekiti State.

 

The management also pledged to collaborate with relevant stakeholders to ensure that the governor’s economic development agenda is translated into tangible benefits for residents.

 

It expressed confidence that Governor Oyebanji’s second term would bring renewed opportunities for economic growth, investment, and sustainable development across the state.

 

The Bureau wished the governor a successful and impactful second term in office.

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Ekiti Assembly Confirms Apata, Oyebode as Commissioner-Designates, Approves 10 Special Advisers

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The Ekiti State House of Assembly has confirmed the nominations of Mr. Dayo Apata, SAN, and Mr. Akintunde Oyebode as commissioner-designates following their screening during plenary on Wednesday, October 28, 2026.

 

The Assembly also approved the appointment of 10 Special Advisers to support governance across key sectors of the state.

 

The Speaker of the House, Rt. Hon. Adeoye Aribasoye, presided over the plenary, during which the House considered nominations and other legislative matters forwarded by Governor Biodun Oyebanji.

 

According to a statement by the Chairman of the House Committee on Media and Public Affairs, Hon. Babatunde Oke, the two commissioner nominees were allowed to take a bow and leave after the Speaker acknowledged their previous service as commissioners and their familiarity with the legislative process.

 

Aribasoye noted that Apata and Oyebode had appeared before the House on several occasions, either for screening or to present their stewardship accounts, adding that their records were already known to lawmakers.

 

Following the Speaker’s remarks, members unanimously agreed to allow the nominees to take a bow and leave without further questioning. The House subsequently considered and confirmed their nominations.

 

Meanwhile, the screening of another commissioner nominee, Dr. Oyebanji Filani, has been rescheduled to Monday, November 2, 2026.

 

Filani had written to the Assembly to explain his inability to attend the screening scheduled for Wednesday and requested a new date, a request which the House granted.

 

In another development, the Assembly commenced consideration of the 2026 Supplementary Appropriation Bill, with the Leader of the House, Hon. Tolu Ige, leading the debate.

 

After the bill was read for the second time by the Clerk, the Speaker referred it to the House Committee on Finance and Appropriation for further legislative scrutiny. Other relevant committees were also designated to serve as sub-committees in the consideration of the bill.

 

The Assembly said it remained committed to expediting legislative business, including confirmation processes and consideration of bills, in the interest of good governance and service delivery to the people of Ekiti State.

 

The statement was signed by Hon. Babatunde Oke, Chairman of the House Committee on M

edia and Public Affairs.

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