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The Economic Times
The Economic Times
Trending Desk

Canva billionaires Melanie Perkins and Cliff Obrecht are giving away $150 million in cash with no conditions for the world's largest unconditional cash transfer program in a low-income country

For thousands of families in Africa's Malawi, a single payment of around $550 has made a tremendous difference between surviving and building a more stable future. Behind the noble initiative are Canva cofounders and billionaire couple Melanie Perkins and Cliff Obrecht, who have pledged $150 million toward what has become the world's largest unconditional cash transfer program in a low-income country.

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