South Africa's bold new proposal for universal health coverage in the face of stiff opposition from private health care providers is likely to become a model for providing sustainable health care for much of the developing world. The proposal, called National Health Insurance, or NHI for short, has set off quite a debate within South African society. But health care experts believe it’s the first real step in post-apartheid South Africa towards bringing equity in health care.
Recent developments indicate that Latin America may become a robust new frontier market for social impact bonds, with a rich set of multiple-player ecosystems.
The South African National Department of Health has launched a new safe sex campaign. Over the next three years it plans to distribute 3 billion scented male condoms, 54 million female condoms and 60 million sachets of lubricant to 4000 sites countrywide. It will cost taxpayers R3.5 billion.
The Venture, Chivas Regal's global search for the world's most promising social entrepreneurs, rewarded all five finalists the remaining share of the $1m fund at the final pitch event on Friday evening. The announcement came after the five finalists pitched the potential of their start-up to create transformative social change to an expert judging panel that included actor and social entrepreneur Adrian Grenier. Algramo from Chile was awarded the largest share of the fund, receiving $300,000 to further develop the pioneering food distribution enterprise.
Digital wallets, which allow consumers to pay for purchases through devices such as mobile phones, are becoming popular, if an almost three-fold surge in the number of such transactions recorded between February and April this year is any indication.
$2.3 million committed to improving the effectiveness of accelerator programs through research and analysis.
African entrepreneurship initiative AMPION and healthcare firm Merck have partnered to launch Africa’s first healthcare accelerator, aimed at fostering the growth of high potential, early-stage e-health startups.
Obamania has gripped Kenya as the 44th U.S. president lands in Nairobi, the country’s capital, for a visit. From t-shirts, mugs, and caps with Barack Obama’s name and image to “Obama themed ringtones,” (“Yes we can!”) it will not be hard for the U.S. president to find entrepreneurs in Kenya.
Bangalore-based NBFC –MFI, Grameen Koota Financial Services Pvt Ltd (Grameen Koota) has reached a new milestone of 1 million microfinance customers, in a testimony to its strong client-centric approach aimed at providing holistic financial and social services.
Now banks are not only trying to compete in this space but also offer new products that promise access to banking services to those who up until this point were excluded.
Ahead of the Global Entrepreneurship Summit in Nairobi, announced a series of new commitments aimed at addressing some of the most critical health challenges in East Africa through a sustained focus on skills development and capacity building.
US President Barack Obama has endorsed Kenya's innovation powerhouse status and regional economic might during the opening of the 6th Global Entrepreneurship summit.
VilCap Investments New Fund Continues Using Peer-Selection Model to Support Entrepreneurs Solving the World's Most Pressing Problems.
Efforts to get Bitcoin off the ground in Africa received a boost this week as BitX announced it has raised $4 million in funding.
New partnerships aimed at getting a bigger slice of the $48 billion Africans sent and received last year.
Bill Gates has been publicly skeptical about the future of the payment technology in the developing world.
Investments into FinTech startups recently quadrupled, growing from just over $3 billion in 2013 to over $12 billion in 2014. And consider alongside that another trend showing that crowdfunding will surpass VC in 2016 as a funding source–given that crowdfunding itself is a segment of the FinTech market.
General Electric Company has announced it is at an advanced stage to launch the first-of-its-kind in Africa institute dedicated to training healthcare specialists and technicians. The GE Healthcare Skills and Training Institute will be located in Karen, Nairobi and is set to open its doors to practicing healthcare professionals and graduate students towards the end on 2015.
Socially responsible investment can help tackle poverty, hunger and climate change. Can the fragmented industry overcome its barriers to becoming a real force for good?
Omkarnath spends his days searching New Delhi for drugs. A call to the phone number printed boldly on his saffron-colored tunic reveals his alternate identity: "Hello, I am Medicine Baba."
Corporate Social Responsibility is a trend that has been gaining more attention in recent years.
In advance of World Hepatitis Day (July 28), the World Health Organization is calling for urgent action to curb millions of infections and deaths from viral hepatitis.
The Bright Generation Community Foundation (BGCF), a non-governmental organisation (NGO), has scored a first in its effort to utilise locally available and sustainable materials to manufacture an easier means of transport for the health sector.
The world's first malaria vaccine got a green light on Friday from European drugs regulators who recommended it as safe and effective to use in babies in Africa at risk of the mosquito-borne disease.
As President Barack Obama returns to Africa this week, his major initiative to help the continent double access to electricity is in jeopardy, undermined by Congress.
The White House has said that President Obama’s trip to Africa, where he will attend the 2015 Global Entrepreneurship Summit, will focus on accelerating economic growth, strengthening democratic institutions and improving security in African countries. When the president arrives in Kenya he will find that new and innovative approaches to fighting disease on the continent have the potential to invigorate progress in each of those priority areas.
Bangladesh, home to the world’s second-largest mobile money company, is moving to consolidate the industry as it expands financial services to the rural poor.
African financial tech and health tech companies can improve their businesses through a new program aimed at providing mentorship to the 10 most innovative companies in those sectors.
As the Peruvian Finance Minister, Alonso Segura, declared last December, social inclusion is “the foundation of Peru’s growth.” To make this possible, they increased the budget for social inclusion programs for the current year by 20%.
Global health experts called on Wednesday for the creation of a $2 billion vaccine development fund to feed a pipeline of potential new shots against priority killer diseases like Ebola, MERS and the West Nile virus.
While mobile money services are available in 89 countries globally, nowhere are they having more of an impact than in Africa, where 12 percent of adults have mobile money accounts, compared with 2 percent worldwide.
Are social movements more effective at bringing about large-scale change than social entrepreneurs? And if they are, why are so many funders excited about the latter compared to the former?
Goldman Sachs’ move to buy San Francisco-based Imprint Capital has the small community of impact investment asset managers and dealmakers buzzing about who might next be asked to dance by a Wall Street suitor.
This week, Goats and Soda learned of a pretty icky research experiment taking place in our nation's capital. People are becoming infected with hookworm in the name of science, as researchers seek to develop a vaccine.
With a large majority of poor urban women having access to cellphones, the device can be used to improve the health of those at risk of diabetes and other diseases during their childbearing years, says a new study.
The formal opening of the BRICS Bank in Shanghai on Jul. 21, following the seventh summit of the world’s five leading emerging economies, demonstrates the speed with which an alternative global financial architecture is emerging.
American banking behemoth Citigroup earlier revealed that it has been looking at the Bitcoin’s distributed ledger technology for the last few years, and has developed three blockchains and a test currency calledCiticoin to pass through them in a bid to create a framework parallel to the Bitcoin and the blockchain.
Christian, Islamic and other faith-based organisations provide extensive healthcare in the world’s poorest places, but are invisible to global health researchers, according to a series of papers published this month in medical journal The Lancet.
The Austin-based cloud platform mobile payments and retail engagement solutions provider announced today (July 21) that it acquired majority ownership of Zimbabwe mobile wallet company NettCash, further establishing Mozido’s foothold in Africa.
HomeSend and Azimo today announced the launch of new mobile wallet services in ten countries throughout Africa and Asia-Pacific – reaching millions of mobile money subscribers. Azimo customers in 20 European countries are now be able to send funds to mobile money accounts of loved ones in Armenia, Burkina Faso, Fiji, Ghana, Indonesia, Kenya, Nepal, Nigeria, the Philippines and Somaliland.
he pharmaceutical industry plays a fundamental role in achieving international development targets. This was recognised in the millennium development goals (MDGs), which explicitly mention that providing access to affordable essential drugs in low- and middle-income countries has to be achieved “in cooperation with pharmaceutical companies”. Yet efforts to track progress towards the MDGs have focused mainly on government action rather than corporate contributions.
Jessica Jackley has had her hands full since stepping away from Kiva, the peer-to-peer microlender she co-founded in 2005. Between investing in startups through the Collaborative Fund; launching ProFounder, a crowdfunding site for entrepreneurs and small businesses; and consulting with companies to improve their social impact, the popular TED talker has also managed to give birth to three children. And she has a new book, Clay Water Brick: Finding Inspiration From Entrepreneurs Who Do the Most with the Least.
Recently, trade ministers from 10 Asean countries, India, China, Japan, Australia, New Zealand and South Korea gathered to negotiate a deal on the Regional Comprehensive Economic Partnership (RCEP) trade agreement. But, RCEP negotiations on intellectual property (IP) are at a standstill because India and the Asean countries are unwilling to trade away health by adopting IP provisions that go beyond what is required of them under international trade rules.
A shiny new object is popping up in impact investment portfolios everywhere – behold, the green bond. A corporate or municipal fixed income instrument offering both market returns AND positive environmental impact, green bonds have emerged over the past six months as a significant area of new issuance. Corporations are issuing carve-out bonds whose proceeds go to infrastructure retrofits, while munis are hopping on the green bandwagon with bonds targeting a wide range of applications, from “clean and green” to affordable housing and school construction.
Harvard psychologist Steven Pinker has a fascinating idea: People get nicer over time.
As a result of mobile money financing schemes, farming businesses, most of which are in rural areas in Africa are able to enjoy agritrade financing in form of loans, subsidies and free inputs facilitated mainly through phones. The main advantage of mobile money financing for agriculture is the elimination of cash handling by other individuals during the transfer of the money from the financing individual/organisation to the farmer or agribusiness operator. This reduces or eliminates corruption, outright theft or violence that could result when individuals have to carry cash around.
Ten years ago when Nancy Pfund first started making social impact investments, many people were skeptical about the idea of investing both for profit and social benefit. You either made money or you did good, but rarely both. "It was unheard of by most," she says. "There was a very limited set of investors who were prepared to take the plunge."
Safaricom has announced that it will be partnering with real estate developers in an initiative that will see the launch of new smart and internet ready addresses in different parts of the country.
Tousands of patients at an annual outdoor free clinic in Wise County were treated to a unique sight recently when for the first time medical supplies flew in on an unmanned drone.
With more than $1.5 billion in development costs and 20 years of research on the line, Sanofi ($SNY) is getting revved up to launch its world-first dengue vaccine later this year. And if the company's predictions are correct, the shot will not only be a big deal for patients in the developing world--it'll be a highly profitable product to boot.
By the mid-1990s, the Houghton family, whose wealth is derived from the glass and ceramic material manufacturer Corning, was into its sixth generation. Many of the cousins felt they had lost touch and were drifting away from the family.
It’s hard to deny the presence of gender gaps. We see evidence of them in education, income, politics, and business. But there is another gender gap that is less often discussed, and has proven to be incredibly important worldwide: the credit gap. The credit gap refers to the fact that women are still much less likely to obtain credit than men, whether from a bank or informal moneylender.
Dr David Reddy is CEO of Medicines for Malaria Venture (MMV), a product development partnership that works with both the public and private sectors to facilitate the discovery, development and delivery of new antimalarial drugs. Before his public lecture held at the Crawford School (presentation available here), Dr Reddy sat down with Camilla Burkot to talk about MMV’s role in tackling malaria. You can listen to the podcast here and read the full transcript here. For a summary of their discussion, read on.
Finance and banking firms, big and small, are raising large sums of money from foreign investors jousting for a slice of action in the world's fastest-growing major economy.
Global partners in the Diagnostics Access Initiative have joined with Roche Diagnostics to announce a 35% reduction in the price for HIV early infant diagnostic technologies. The new access price is US$ 9.40 per test, including proprietary reagents and consumables associated with diagnosing HIV in very young children. Partners involved in the negotiation of this reduced access price include UNAIDS, the Clinton Health Access Initiative Inc., the United States President’s Emergency Plan for AIDS Relief (PEPFAR), the Global Fund to Fight AIDS, Tuberculosis and Malaria and UNITAID.
“The relevance of private sector role in delivering innovative health care to the poorest people, with the view to achieving global goal,” was underscored at a side event organized today in Addis-Ababa, Ethiopia by the Bill and Melinda Gates Foundation.
Kenya's mobile money banking service market will gain a competitor with today's launch of Equitel, a technology platform that ties Equity Bank with mobile phone service provider Airtel to provide the user with a thin SIM technology-based mobile banking and telecommunications service.
A new report from Juniper Research has found that the number of mobile money transfers is expected to increase by nearly 150% in 2015 to more than 13bn, with several social media firms already seeing a dramatic rise in service usage.
It is common knowledge that health care services in rural India are not easily accessible and health awareness among the people is poor. Swayam Shikshan Prayog (SSP), a learning and development organization has stepped in to improve the situation in rural Maharashtra through a programme called Arogya Sakhi reports The Better India.
For Kosta Peric, overcoming finance's last mile means looking for ways to do so from the ground up.
So, this is cool. It's a stove, powered by wood or cow dung or whatever other combustible material you happen to have lying around, that generates an almost smokeless, gas-like flame -- and also enough electricity to light a room or charge your phone.
India has pitched for a global tax regime built into the UN process, rather than being looked at from the point of view of rich countries, in a bid to curb illegal financial flows from the developing world running into some $200 billion annually.
As much as 86% of the rural population and 82% of the urban population is without health-expenditure support. The average medical expenditure for treating one ailment without being admitted to hospital was Rs 509 in rural India and Rs 639 in urban India. Up to 58% of hospital care occurred in private hospitals in rural India; it was 68% in urban India.
The Bill and Melinda Gates Foundation provided a $20 million grant to the Duke Global Health Institute (DGHI).
Imagine a three-year-old child suffering from severe pneumonia, which leads to insufficient oxygen in the blood, at a primary health centre (PHC) in a remote village. The centre has no reliable supply of oxygen. So what does one do? How about a low-cost method for oxygen production in rural areas?
The inaugaral edition of India Innovation Forum (IIF 2015) in Bengaluru saw top Innovators, Entrepreneurs, VCs, Impact Investors, CEOs and Thought leaders come together on 11th and 12th of July, 2015 to interact, share ideas and raise important questions on Innovation ecosystem in India. They interacted with a diverse group 150+ select senior executives from top Indian and multinational companies.
European and U.S. pharmaceutical companies have always been allowed to sell medicines and medical devices in Iran, even if they've been hesitant about doing so. But the nuclear deal reached Tuesday could be transformative, not so much by peeling back legal restrictions on the pharmaceutical industry, but rather by tearing down financial roadblocks that could make it significantly easier for companies to do business in Iran in a sector that analysts say is teeming with growth opportunities.
Worldwide, nearly 1 in 10 people have a mental health disorder, but only 1% of the global health workforce is working in mental health. This means, for example, that nearly half of the world’s population lives in a country where there is less than one psychiatrist per 100 000 people.
A new decentralized and personalized mobile app called MUrgency ( One Global Emergency Response Network) is being set up to create a global emergency response to help people in distress in developing countries.
First-of-its-kind fund will support investments that increase rural livelihoods, reduce greenhouse gas emissions and enhance biodiversity.
Sanofi’s (SNY - Analyst Report) newly appointed Chief Executive Officer Olivier Brandicourt, after just three months of being at the helm, has made a big move by declaring plans to reorganize its business. Brandicourt intends to restructure the seven existing business units into five global business units. Along with its existing vaccines unit – Sanofi Pasteur – and the animal health business – Merial, the company plans to create three new global business units, namely, General Medicines & Emerging Markets, Specialty Care and Diabetes & Cardiovascular.
GSK and Save the Children today announced the launch of their third annual $1 million Healthcare Innovation Award that rewards innovations in healthcare that have helped to reduce child deaths in developing countries.
It's a showpiece drug that has the potential to end a disease that kills half a million African children a year. Yet even before it wins a license, the world's first malaria vaccine has lost some of its sheen.
Following a successful program in NYC, the Un-School has opened applications for mavericks and misfits of social innovation to join them in Mexico this November.
Just before midnight, the pavement outside the glowing high-rise towers of the First Affiliated Hospital of Zhengzhou University is littered with slumbering bodies. Splayed on colorful mats or tucked into folding cots, these are patients' relatives.
Recently, we all found out Channing Tatum?'s deepest, darkest secrets revealed during an AMA — from his admittance that his acting was horrible in Step Up? to his love for Pinterest. (Yes, he seriously has a Pinterest board, and it's magical.)
The AIDS targets of MDG 6—halting and reversing the spread of HIV—have been achieved and exceeded, according to a new report released today by the Joint United Nations Programme on HIV/AIDS (UNAIDS). New HIV infections have fallen by 35% and AIDS-related deaths by 41%. The global response to HIV has averted 30 million new HIV infections and nearly 8 million (7.8 million) AIDS-related deaths since 2000, when the MDGs were set.
VisionSpring is proud to announce the appointment of Ella Gudwin as President. Ms. Gudwin will oversee global operations and lead the implementation of VisionSpring's growth strategy to reach 4.5 million people across Asia, Africa, and Latin America in the next three years. "I am joining an exceptional team. Our job is to get millions of eyeglasses to people who need them – to succeed in school, to gain years of employment, to participate in community and civic life, and so much more. And because VisionSpring is a social enterprise, we'll help create jobs and markets in the process." said Ms. Gudwin.
Zidisha is a non-profit startup that acts as an online microlending community connecting lenders with entrepreneurs no matter the distance or disparity. As of right now, Zidisha allows individuals worldwide to lend to tech-savvy entrepreneurs in the slums of Africa and Asia where even a few dollars can go a long way. Over 20,000 people are using Zidisha today. Recently, I spoke with Zidisha founder and CEO Julia Kurnia to learn more about the company.
Consumers may be happy at a cut in medicine bills but the government's price control measures have forced many brands out of the "unviable" pharmaceutical market, resulting in a drastic slowdown in new launches in the last five years.
Hong Kong VC and incubation firm Nest has recently announced its expansion into Africa, connecting local talent with Asian investors abroad.
In places where electricity is scarce or unreliable, kerosene lamps are a standard lighting source—but the fumes from burning kerosene pollute the air and kill 1.6 million people each year. D.Light Design, a private company based in San Francisco, manufactures inexpensive solar-powered lamps and sells them cheaply around the world. It is safe, reliable, and renewable energy available for about the same cost as a few candles. D.Light believes that it’s not only reducing pollution, but also improving health, safety, and performance—in school, productivity, and income.
A historic agreement to Build-Own-and Operate West Africa’s first utility-scale solar power plant has been signed by Norwegian company Scatec Solar and its partners, the Malian Ministry of Energy and Water and Electricité du Mali (EDM), the electricity utility of Mali. To be located near the ancient city of Segou in South-East Mali, 240 kms from Bamako, the 33 MW solar project is being developed in partnership with IFC InfraVentures and the local developer Africa Power 1.
Social business has been known as a systemically defined business practice for tackling poverty and is blossoming in every corner of the globe including China, the world’s second largest economy.
At the end of this week a high level ministerial meeting will take place in the Ethiopian capital Addis Ababa, to discuss how to fix the shortage of health workers on the continent.
As the world's leaders gather in Addis Ababa, Ethiopia, for the Financing for Development Conference, a study published in The Lancet demonstrates that a new approach is needed for classifying funding that reflects the function the funding serves, rather than the specific disease or country. The study is the first in-depth assessment of how donor funding is spent on global versus country-specific functions of health.
Development finance is entering a new era, and in Addis Ababa, Ethiopia, civil society representatives remain unconvinced the new world of development cooperation holds more promise for the world’s poor than the old one.
Telecom giant Bharti Airtel today launched a cross-border money transfer service for its mobile wallet customers in Niger -- a first in the country by a telecom company.
Major health, development and financial agencies have unveiled a $100 billion plan to cut global malaria cases and deaths by 90 percent over the next 15 years. The Roll Back Malaria Partnership says its new strategy will result in a health and economic bonanza for developing countries.
The North West Department of Health together with Samsung Electronics South Africa have launched a Solar Powered Health Centre (SPHC), which officials says will improve access to specialised healthcare for Maubane residents.
L&T Finance Ltd has acquired 26% stake in Grameen Capital India Ltd, which focuses on providing capital market access to social enterprises, the latter said in a press statement on Tuesday.
The “empowering people. Award” was launched at an event in Munich with the online participation of a large international community. Inventors and developer teams are called on here to submit their low-tech innovations in one of eight categories that cover the main areas of basic supply in impoverished regions. The potential to be embedded in entrepreneurial models providing sustainable help to individuals and communities in developing regions is one of the pivotal criteria.
With the help from the city of Abu Dhabi, IBM will offer its Watson-based data analysis services to the Middle East and North Africa.
Toronto-based impact investing platform Social Venture Connexion (SVX) has expanded to Quebec. It’s the first step in a plan to expand the platform across North America.
Although malaria is both preventable and curable, it still killed an estimated 584,000 people in 2013, the majority of them African children.
Clutching battered metal plates, the children waited patiently in a remote central Indian village for the two small flat pieces of bread and scoop of boiled potato curry that would be their only full meal that day.
Lelio Marmora, UNITAID executive director, discusses how to accelerate introduction of effective new health solutions.
Throughout my travels, I've met many social entrepreneurs and innovators who are making the world a better place. In this interview series, you will hear from incredible leaders who are changing the way we do good in the world.
Indian healthcare communication platform Lybrate announced today it has secured US$10.2 million in series A funding from Tiger Global Management, Indian business tycoon Ratan Tata, and existing investor Nexus Venture Partners. The company previously received US$1.2 million in seed funding.
We all know that vaccines have had huge success in protecting children from deadly diseases. However, the health benefits of vaccines have not been shared equally across the globe.
An oral vaccine has reduced cases of severe cholera by nearly 40 percent in a key trial in Bangladeshi slums, suggesting the shot could be used routinely to help endemic countries control the life-threatening disease.
Above a dark, tatty arcade of wholesale button traders and empty shop fronts in Thessaloniki, Greece’s second largest city, one mother was rocking a sick baby and another was carrying a toddler as they waited to see a volunteer paediatrician in the brightly painted clinic run by the Greek branch of the NGO Doctors of the World.
Former Ateneo De Manila University president Fr Bienvenido Nebres SJ says uplifting the poor should be a concern of every Filipino.
Governments need to put more effort in implementing one of the World Health Organization Framework Convention on Tobacco Control’s proven measures to reduce demand and deaths from tobacco use — levying high taxes on tobacco products.
One of Prime Minister Narendra Modi's more radical calls to action was the Saansad Adarsh Gram Yojana where members of parliament were tasked with the responsibility of developing three villages by 2019, in constituencies other than their own. It's found resonance not just with politicians eager to establish themselves as more than just a local entity but also with a slew of corporates.
Every day in low-income countries throughout the world, tons of fresh fruit and vegetables fail to reach their destinations or become damaged and inedible along the way. By contrast, highly processed foods – likely to include large amounts of fat, sugar or preservatives – reach these same destinations, ready to be eaten by people in need of food. This simultaneous availability of less healthy processed food and shortage of nutritious food is a key factor in the growing combination of undernutrition and obesity throughout many low-income countries.
VOLKSWAGEN AG resumed building vehicles in Nigeria for the first time in 25 years in a bid to foster sales growth in Africa. Assembly began Tuesday in Lagos of models that will include the Passat, Jetta and CC sedans as well as the Amarok pickup truck, manufacturing partner Stallion Group said Tuesday in a statement.
Chinese real estate developers have begun chasing what they see as the country’s next big business opportunity -- the health-care market.
The statistics tell a grim story. India carries 20% of the world’s disease burden, according to data from the World Health Organization (WHO). About 75% of deaths globally are caused by communicable diseases, of which India accounts for 17%. A report published in May by British charity Oxfam says India records the highest number of maternal deaths in the world.
Improved housing with features such as closed eaves could lower malaria cases by half in some settings, according to a study.
Maternal mortality rates in West Africa are among the highest in the world. One in every 30 Nigerian mothers die in childbirth compared with one in every 30,000 in Sweden.
At the Radisson Blu hotel here last year, a senior fashion executive met with several of his top Asian apparel suppliers. His plea: Open for business in Africa.
In the advent of unpredictable weather, smallholder rain-dependent agriculture is increasingly becoming a risky business and the situation could worsen if, as seems likely, the world experiences levels of global warming that could lead to an increase in droughts, floods and diseases, both in frequency and intensity.
It's easier to spot an auto showroom in a small town than to locate a pharmacy that sells anything beyond cough and cold, and birth-control pills.
The World Health Organization should establish a single, unified WHO Center for Health Emergency Preparedness and Response — but not with Director-General Margaret Chan at the helm.
The year is 1957. I am born in a Singapore that is very poor. Except for the British and those who work for them, almost all the rest of us live hand to mouth. My father works in a provision shop, and his $90 salary as a shop assistant can hardly feed his family of three kids, one wife and our grandmother.
When the UN financing for development conference begins in the Ethiopian capital Addis Ababa, there’s likely to be a big elephant in the room: the private sector.
Humanitarian innovation is something of a hot topic, in philanthropic circles. NGOs, governments, and other private and public institutions are trying to findnew solutions to the growing number of emergencies taking place in our troubled world: in the last 10 years, the number of people affected by humanitarian crisis has almost doubled.
Six years after developing the prototype of a solar-powered hearing aid, Deaftronics, a Botswana-based company, is readying to take its technology global.
The Kenyan government is introducing new regulations this week in parliament that could lead to the break-up of Safaricom, the country’s leading telecom company.
The World Health Organisation has urged governments around the world to increase taxes on cigarettes and other tobacco products to save lives.
Fear of vaccines has allowed a host of diseases, including measles and whooping cough, to re-surface around the world in recent years.
Schneider Electric, a global specialist in energy management, is commercialising its solar powered portable LED lamps with mobile phone charger, the Mobiya TS 120S, in order to offer innovative, reliable and affordable products to people living without access to electricity.
For these six creative and inspiring social enterprises, lying back while expecting funding from donors is so last-decade. “Do what you can, start now and do it for others” seems to be the sacred slogan for six winners of the Social Enterprise Awards for Arts, Creative Economy and Tourism, which were presented by DIAGEO and the British Council in Jakarta recently.
“Human-centered design has a role in solving every problem,” says Pam Scott, a serial design thinker whose career has wended from advertising to customer research to a board seat at IDEO.org to a current chapter that might be dubbed activist philanthropy. A born connector, Scott has spent nearly three decades working at the intersection of design and impact, and much of her power lies at getting the right people in the room and prompting them to ask — and answer — the right questions.
According to insights provided byMondato, the general rule of thumb is that when something appears too good to be true, it very likely is. Imagine that you were unfamiliar with the concept of insurance. A stranger at your door promises that if you pay 1000 shillings per month via your phone, if at some point you or someone in your family were to fall ill, the man’s company will pay up to 300 times that amount to cover the medical expenses. You would certainly be forgiven for being highly circumspect, at the very minimum.
On the first Friday of every month, Sabina Begum makes the short trip from her single-room shack in a crowded Dhaka slum to a nearby grocery. The grocer, in addition to selling her much-needed supplies, doubles as her financial-services provider.
Just last week, I was joking with some colleagues about whether we could sell a stick of gum with our condoms that, when chewed, would turn a certain color to indicate whether or not you had an STD. It turns out, we were not the only ones with such idea and they ignored the gum and went right to the condom itself.
A man who created a nonprofit organization credited with helping more than 150 million people out of poverty was named the winner of the 2015 World Food Prize on Wednesday. Fazle Hasan Abed, of Bangladesh, created BRAC, the organization originally known as Bangladesh Rural Advancement Committee, as a temporary relief organization to help the country recover from the 1970 typhoon that killed about 500,000 people and the subsequent war fought in 1971 to win independence from Pakistan. Bangladesh was once listed as the second poorest country in the world.
Hundreds of billions of dollars have been spent since 2000 to tackle some of the world’s biggest health problems.
“Technology and mobility will play a crucial role in revolutionising the healthcare system and propelling the next phase of growth in India,” says Annie Mathew, Director, Alliances and Business Development, BlackBerry. In conversation with Abhishek Raval.
Cuba today became the first country in the world to receive validation from WHO that it has eliminated mother-to-child transmission of HIV and syphilis.
Impact investing has been catching headlines with major banks like Bank of America BAC +1.48% and JP Morgan developing so-called “impact portfolios.”
The state government's decision to hand over primary health centres and affiliated sub-centres from across the state into private hands to be operated under the public private partnership (PPP) mode has triggered protest from healthcare staff and social organizations.
Gandhi famously denied himself food. And by starving himself to protest British rule, he ultimately made India stronger. But India’s leaders today are using food as a weapon, and they are sacrificing not themselves, but others. Their decisions threaten to make India’s children — already among the most undernourished in the world — weaker still.
Vietnam is having condom problems. Hundreds of thousands of condoms sold there are substandard. They tear easily and don't offer reliable protection. While this might seem like a red flag, it's actually a sign of progress.
The Australian government will partner with private companies such as Coca-Cola to distribute medical aid, foreign minister Julie Bishop has said.
Do you care about reducing the prison population? Want to create work opportunities for homeless people? Re-employ veterans? Well, a new model of investing allows you to fund such projects — and even take home a profit.
Billionaire and philanthropist Bill Gates, who spends millions of dollars on AIDS drug development, said Friday he hoped for a vaccine against the disease within the next decade as a cure remains far off.
Some mountainous parts of Mexico are so remote that the electricity grid fails to reach them, let alone the banking system. A five-year-old social enterprise, Iluméxico, hopes to change that. It provides more than 20,000 people with loans to buy low-cost solar panels and batteries, enabling them to switch lights on, watch television and charge mobile phones, sometimes for the first time.
Do you remember the old folk song that goes, “ako ang nagtanim at nagbayo at nagsaing, subalit nang maluto ay iba ang kumain” (I planted, pounded and cooked my own rice, but some other guy ate it)? It is not exactly the same story for the farmers, but it is certainly how they still feel.
Taking free medicine distribution to the next level, state health department will soon introduce automated medicine dispensing machines. Similar to ATMs, the new and unique machines will be able to recognize prescriptions and dispense medicines.
Reliable electricity is a rare commodity in some parts of Guinea, which means some traditional medical equipment often is useless. So researchers there are using a new tool to identify Ebola cases: a portable diagnostic machine that fits in a suitcase and runs on a solar battery.