A new startup with backing by the Bill & Melinda Gates Foundation called Affinivax claims it’s created a vaccine to protect against all 90 strains of pneumococcal bacteria. Now comes the hard part: scaling up, proving it in clinical trials, and making a successful business out of it.
Even as dengue cases rise, government approval for a mobile app that could prevent the disease from spreading by speeding up monitoring and intervention is hanging fire.
GAVI Alliance believes its five-year plan to vaccinate another 300 million children worldwide will save at least 5 million lives. It will also save billions of dollars now lost to treatment of the preventable illnesses and other costs, like parents' lost wages, members of the alliance said.
US drug maker Eli Lilly and Company said on Thursday that it had shared the manufacturing technology for two antibiotic drugs meant for the treatment of multi-drug resistant tuberculosis (MDR-TB) with India’s Shasun Pharmaceuticals Ltd as part of its ongoing programme to increase access of these medicines in countries including India, China, Russia and South Africa, where drug-resistant TB is most prevalent.
Schneider Electric South Africa has set itself a target to create access to energy for 20 000 Africans by the end of this year. An ambitious goal, but the energy efficiency giant believes this is achievable due to its solid sustainable development strategy, products and solutions.
The Skoll Foundation just kicked off its second annual Social Entrepreneurs Challenge. Open to its 87 awardees, 68 are participating. The competition is taking the form of a crowd-funding campaign, using the services of CrowdRise, which has a fundraising platform for nonprofits.
IFC, a member of the World Bank Group, has launched the first bond program to support businesses that profitably provide goods, services, and job opportunities to people at the base of the economic pyramid. IFC calls these inclusive business models.
Johnson & Johnson Innovation has expanded its global network of research partnering hubs with the opening of the Asia Pacific Innovation Center headquartered in Shanghai with satellites in Singapore, Australia and Japan.
Panaji: With 95% of the house-to-house survey completed and the procedure to allot accounts to Goans done, Goa may well be the first state to be entirely covered under the Prime Minister's Jan Dhan Yojana. With this, Goa will be the first state to achieve complete financial inclusion, officials close to the development said.
More states are considering “social impact bonds” for multiyear projects in health, education and prisoner rehabilitation. Are they a good investment?
Rwanda has joined the Better Than Cash Alliance to help accelerate the adoption of electronic payments in the country as part of a commitment to achieve 80% financial inclusion by 2017.
Banco do Nordeste of Brazil, Tigo from Paraguay, and FOODSANU from Ecuador have won this year’s Inter-American Awards for Financial andEntrepreneurial Innovation for their excellence in supporting financial inclusion, digital finance, and microenterprise in Latin America and theCaribbean.
The government of the People’s Republic of China has pledged that as a plan for the post-Ebola period, it will work with other international partners to help build and modernize Liberia’s health sector.
A high-level delegation of medical experts from Tanzania led by its Health Minister Seif Suleiman Rashid today visited the Sanjay Gandhi Post Graduate Institute of Medical Sciences here to study its tele-medicine programme with a view to setting up a similar facility in their country.
U.S. and Cuban health officials sat together in Havana on Wednesday to discuss Latin America's response to Ebola, the most concrete sign so far of the nations' desire to cooperate against the epidemic despite decades of tense relations.
The worst outbreak of Ebola on record has killed 5,000 people in West Africa, mostly in Guinea and neighbouring Liberia and Sierra Leone. But thousands more have survived, ostracised by fearful communities ravaged by the disease.
Search online for the role of for-profit organizations in health care and you’ll find millions of results, including an abundance of studies, conferences and discussions among providers, advocates and various other actors. It’s an important debate about a complex issue — one that remains largely unresolved in countries around the globe.
Because of the well-known dangers of open defecation — especially for children’s health — bringing millions of latrines to the poor has long been a goal of public health experts. But now a major study in India has stunned advocates of latrine building by showing that it may do little good.
In a bid to provide funding for private health facilities, top tier Fidelity Bank Ghana Limited and the United States Agency for International Development have signed a $3.9 million deal that will see laon facilities availed for private hospitals and clinics accredited by the country’s National Health Insurance Authority or those seeking NHIA accreditation.
Mara Mentor was created with the aim of empowering the youths of Africa in their business endeavors, in recognition that they are the driving force behind economic growth and future prosperity.
The Task Force set up by Indian Prime Minister Narendra Modi to leverage the country's post office's network in a bid to advance financial inclusion will submit its report by the end of this year, a top government official said today.
Most of the industry development around bitcoin still seems to be run by a collection of people who are decidedly banked. This begs the question: what part do the unbanked play in bitcoin, its use and evolution?
Business school graduates are pioneering corporate venturing – venture capital funds run inside large companies that invest in social enterprises.
Jakarta – Indonesia has a far greater number of smokers and mobile phone users than bank account holders, according to the Director General of Bank Mandiri, Budi Gunadi Sadikin.
Business schools are catering for social entrepreneurs and MBA students who want to make a social impact – through funding, education and start-up incubation.
Within the next 30 years, the global population is set to increase by almost 3 billion up to 10 billion, and this rise is set to put a heavy burden on the healthcare industry.
Like millions of Africans, Sebastian Adam uses M-Pesa, a service that lets him pay bills with his mobile phone. With his wife pregnant, Adam decided it was time to start saving -- and to earn interest on the money he saves -- so he switched to a newer offering called M-Pawa.
@Michael_and has made an undisclosed amount of equity investment in Bangalore based social enterprise, Kinara Capital.
The F.B. Heron Foundation is way out front on impact investing, with its goal of putting the foundation’s full endowment into social impact investments by 2017. So how's it going?
Leaders of global and regional institutions today begin an historic trip to the Horn of Africa to pledge political support and major new financial assistance for countries in the region, totaling more than $8 billion over the coming years.
When the co-founders of SolarCity, Lyndon and Peter Rive, along with their cousin Elon Musk, were raising money for their solar energy start-up in 2007, they called on just one outside investor.
Airtel, IBM Research Africa and Kenya's Echo Mobile have joined forces to launch several initiatives to help curb the spread of Ebola in West Africa.
Mexico's financial reforms could help the country's microfinance industry fulfill its "huge potential" for growth, rating agency S&P said in a report.
The Good Manufacturing Practice (GMP) certification given to three local drug firms by the World Health Organisation (WHO) has put the Nigerian pharmaceutical industry in the global eye.
Despite the prevalence of crowd-sourced data and geolocation technology, global health leaders are missing the opportunity to use mobile technology in the fight against Ebola.
A social enterprise expert from the Social Enterprise Development Inc gives practical advice on how to overcome challenges in business startups.
Government-ownded mobile phone operator NetOne generated a paltry US$1 194 in revenue from its mobile money transfer platform OneWallet for the year-ending December 31 2012 after investing close to a quarter of a million dollars in the product.
In recent months senior figures in the world of charity have questioned whether social investment is good for the sector. David Ainsworth examines why this new field is facing a backlash.
Airtel subscribers can now pay their taxes through their mobile money platform following a partnership with the Kenya Revenue Authority (KRA), which will also see the telco grow its revenues.
Aggressive use of ORS is being credited with significantly reducing the mortality rate among those who contracted Ebola in Nigeria.
Ask Nitika Pant Pai about her work on a new self-test for HIV/AIDS and she’ll tell you: There’s an app for that.
A new project aims to train women entrepreneurs to sell liquid petroleum gas (LPG) stoves and provide education about reducing exposures to household air pollution.
Nairobi, Kenya: Central Bank Governor Njuguna Ndung’u and senior officials of the Communications Authority (CA) yesterday told MPs that the rollout of Equity Bank's Thin SIM on a trial basis for the next one year would not be stopped.
As part of efforts to open up greater public access to financial services, the Financial Services Authority (OJK) will regulate the implementation of branchless banking, especially for regional development banks (BPD) and sharia banks, a top official says.
A Q&A with Judith Rodin, the president of the Rockefeller Foundation.
UNCDF, the UN’s capital investment agency for the world’s 48 Least Developed Countries (LDCs),has partnered with The MasterCard Foundation to expand a flagship program that will enable three million low-income clients in Africa to access mobile financial services for the first time.
The Inter-American Development Bank (IDB) has approved a third policy-based loan of $25 million designed to boost the competitiveness of Peruvian businesses. These resources will help consolidate reforms aimed at improving the business climate, lowering entry and market-access barriers and encouraging innovation.
Nigeria’s third largest telecoms firm, Airtel, has partnered one of the largest integrated healthcare providers in the world, Apollo Hospitals, to enhance access to world-class healthcare services in Nigeria.
Jovago.com - an online hotel booking company- and UNICEF have launched a partnership with the aim of ensuring official birth registration of every child born in Africa.
Engineers from Philips Innovation Labs and GE Healthcare in Bangalore are experimenting with mobility platforms and healthcare which will come to life in India soon in the form of a connected medical world.
Grameen America has helped multiple neighborhoods in the U.S. thrive. Here's the story of one business owner in Queens, New York.
Mozido, a provider of mobile financial, retail and marketing services, today announced a two-part round of Series B funding of up to $400 million.
European Union (EU) has given three African countries Lesotho, Togo and Zambia over $1 billion for economic development under its National Indicative Programmes (NIP).
Prime Minister Datuk Seri Najib Razak today announced the eRezeki project to connect Malaysians at the bottom 40% of the income pyramid (B40) with domestic and global digital income.
Today in Seattle, an organization called Global Partnerships celebrates two decades of helping people rise up out of poverty through a variety of initiatives all aimed at empowering the poor – by helping smallholder farmers, improving health, encouraging the use of “green” technologies and through microfinance.
Drugmakers are looking for some kind of indemnity from governments or multilateral agencies against possible losses or claims arising from the widespread emergency use of new Ebola vaccines in Africa.
“He is a smart guy, and he always has something informative to say.”
The RBI is running a pilot project with a group of private payment gateway operators like Oxigen and Airtel Money to facilitate money transfers without the intervention of a bank.
Indian drugmakers and public health activists are deeply worried that sections of the American pharmaceutical industry may use the recently announced Indo-US working committee on intellectual property rights to force changes in Indian patent laws to further their commercial interests at the cost of the domestic industry.
Leading drugmakers plan to work together to accelerate development of an Ebola vaccine and produce millions of doses of the most effective experimental product for use next year.
"How is it that we have again become the marginalized of the earth?" That is what people ask Bishop Anthony Borwah of Gbarnga, in Liberia, the country most affected by the outbreak of Ebola.
Aiming to bring greater transparency to microfinance across Sub-Saharan Africa, Catholic Relief Services (CRS), The MasterCard Foundation and Moody’s Analytics have launched an innovative collaboration to use Moody’s Analytics’ social performance assessments (SPA) to help microfinance institutions better measure and manage their long-term social impact.
Lenders have come under fire in Washington in recent years. Yet one corner of the financial industry — lending to people with poor credit scores — has found sympathetic audiences in many state capitals.
Over 25 million Kenyans use mobile money services but one expert says “cash is still king” in most of the continent.
In an unusual move, Ecuador is reportedly building its own mobile wallet to boost financial inclusion, without the involvement of the country’s operators or banks.
Financial inclusion is about reaching out to the poor and vulnerable in ways that allow them to take part in the world of financial services either for saving or getting credit. There are at least three ways to do this.
The next few months could be very interesting for the sector and for consumers, especially as the resurgent Tigo is expected to release a game changer before Christmas and the other players seek to consolidate and increase their hold in the market.
Launching a social enterprise that will revolutionise the way we donate money to charity is a tall order. But the Dubai-based businessman Tariq Qureishy, 50, aims to raise US$1 billion in the next two years, and give the entire amount to charity through his social venture 100% Mad.
On October 9th, during the global Creating Shared Value Forum, co-organised by Nestlé and the United Nations Conference on Trade and Development, it was announced that the overall winner of the 2014 Nestlé Creating Shared Value Prize is Honey Care Africa (HCA)!
Sri Lanka has remained free of malaria for two years – an accomplishment the Global Health Group (GHG) described as a “spectacular achievement,” during a meeting with President Mahinda Rajapaksa at Temple Trees recently.Dr. Richard Feachem
The International Renewable Energy Agency (IRENA) held a week-long knowledge sharing workshop for energy business incubators and entrepreneurs from Asia and Africain Bangalore, India from 22 to 27 September 2014. The UK Department for International Development (DFID), through its Knowledge Partnership Programme, also supported the initiative to transfer India’s knowledge to other regions in Asia and Africa.
The United States has tightened guidelines for health workers treating patients with the Ebola virus, calling for new competency training, a buddy system for donning and doffing personal protective equipment, and total coverage of eyes, hair and skin.
ImpactAssets has released its 2014 impact investing showcase, the ImpactAssets 50 (“IA 50”), a free online resource for investors and financial advisors.
Scientists have announced that for the first time, they have determined the precise atomic structure of the Hepatitis A virus.
No credit, no cash, no bank account? There’s still a place to go shopping, but it comes at a price.
Apple Pay could certainly be the nail in the wallet’s coffin, similar to what the iTunes model was for music when it was introduced in 2001. And this on the heels of the Twitter “buy” button, another move by a major tech titan to occupy the payments space via a mobile device.
Mobile money agents in Kenya fear loss of business once a banking institution rolls out a cheaper cash transfer service.
In Uganda, many point to the success of mobile money in improving financial inclusion by promoting peer-to-peer money transfer.
Giving steroids to women who are about to give birth prematurely — a standard lifesaving medical practice in richer countries — may be useless or even dangerous in poor countries where most women give birth at home, a major new study has found.
As upcoming goals, the United Nations should enact basic sanitation, healthcare and governance in failed or collapsing states not simply because of moral concerns, but because of our own safety concerns.
From human-centered design to the lean startup approach, methods to develop innovative products and services emphasize the importance of understanding what customers really need. Here are some lessons in innovation that social entrepreneurs have learned from empathizing with their customers.
RBC Global Asset Management today announced an agreement with Community Reinvestment Fund, USA to purchase and service up to $50 million in loans to support affordable rental housing as part of the RBC Access Capital Community Investment Strategy.
In a world where private enterprise drives jobs and prosperity, DFIs expand the frontiers of what is viewed as a profitable investment opportunity around the world.
In a nation where half the population isn’t served by formal banking system, the microfinance industry acquired a halo in the early part of last decade. And then, the Andhra Pradesh crisis happened.
Although Nigeria leads Africa in oil exports, two recent Harvard graduates are trying to ramp up the West African country’s production of a different natural resource—tomato paste. “It was a pipe dream I’ve had since 2008,” said Mira A. Mehta, a Business School graduate who co-founded the startup “Tomato Jos” with School of Public Health alumnus Shane F. Kiernan earlier this year. The company, a for-profit social enterprise, aims to build up a tomato paste industry in Nigeria by educating local tomato farmers about agricultural techniques and supplying them with seeds and fertilizers. The name Tomato Jos itself means “cute girl” in Nigerian slang, a play on the fact that the tomatoes in the Nigerian city Jos are known to be very sweet and juicy.
President Uhuru Kenyatta says he is in favor of Equity’s thin-SIM technology and digital migration.
Here’s a market you’ll be likely to hear more of in tech: “The Next Billion.” It's shorthand for the next billion people that will become online consumers, and that makes them the target of tech giants like Google, Facebook and Samsung. The next billion live in emerging economies like China, India, Brazil and Africa. Jenna Burrell, a professor at UC Berkeley’sSchool of Information, has been studying one of these markets, namely Ghana, since the early 2000s. She says even back then, it was clear that people who wanted to get online weren’t going to use desktops.
A high-level meeting held in Geneva, Switzerland, explored how countries can improve access to medicines and develop their domestic production, with the help of public and private investment.
The fact that no “flexible and innovative protocol” exists for Ebola speaks to the complex practical and ethical issues that surround the use of untested drugs and vaccines in the midst of the explosive spread of a virus that kills more than half the people it infects.
Despite it being nearly six months after the Ebola outbreak was confirmed by the World Health Organisation (WHO), we are still hearing stories of severe shortage of gloves in health facilities in West Africa. Many nurses have been asked to reuse them or merely rub their hands with chlorine after consultations.
A number of financial institutions are using emerging technology to deliver payments on the continent.
This solar gadget innovator is back with a new model, the WakaWaka Base, which includes either a 5,000 or 10,000 mAh battery pack, and the device is designed to be charged with the company's 7.5 or 10 watt portable solar panel. Along with the solar panel and battery pack module, WakaWaka is also offering two small LED lamps, one of which is powered by plugging it into the Base, and one which has an internal battery that can be recharged via the panel and battery pack.
Financial inclusion has become a long overdue buzzword among aid agencies and international economic policymakers of late – and it’s opening the door for bitcoin and blockchain technology to become a part of the discussion among international policymakers.
CONNECTED Farmer Alliance (CFA), a public-private partnership between Vodafone Group, the US Agency for International Development (USAID) and TechnoServe, has announced an agreement to use mobile technology to increase productivity of thousands of smallholder farmers.
In a move aimed at warding off competition and increasing revenue collection from its mobile money service, MTN Uganda has partnered with MTN Rwanda to deliver cross border transactions between the two countries.
Drones aren't delivering pizza just yet. But they could soon help save lives in places where health care is hard to reach.
Equity Bank will not charge for mobile money transfer services on mobile virtual network, it said yesterday, but subscribers also have to hold accounts with the lender.
Big Society Capital and Body Shop co-founder amongst backers of social impact investment intermediary
Equity Bank's deal with American Express gives the Kenyan lender exclusive rights to issue AmEx credit cards across the continent outside South Africa.
IBM and Metropolitan Health of South Africa have teamed to create a new health care customer service service based on Big Blue's Watson cognitive computing system.
Close on the heels of Prime Minister Narendra Modi's "Make in India" call, global health giant Abbott is setting up a Rs 450-crore plant for manufacturing nutrition products in Jhagadia, Gujarat.
How private sector providers add marketing and distribution value for voluntary medical male circumcision
On the eve of World Food Day, the IDB and the PepsiCo Foundation announce $5 million grant for nutrition program to help children in Colombia, Guatemala, Mexico and Peru
There's been a rise recently in digital healthcare, or eHealth, to bridge the chasm between China's developed health services in large cities and its grassroots rural care.
For nearly four decades, mention of the Ebola virus has evoked death and terror, yet a simple factor—money—has stood in the way of erasing the curse, experts say.
The World Health Organization estimates a monthly need for 300,000 personal protection suits or seven suits daily per Ebola patient bed, according to Daniel Epstein, spokesman for WHO.
Manish Ranjan led his business school team to victory in the Hult Prize 2014. Now, the MBA entrepreneur has grand plans to help fix India's healthcare system.
Canada will help India in building smart cities and achieving its target of housing for all by offering wooden multi-storey housing technology, officials said here Wednesday. In a meeting with Housing and Urban Poverty Alleviation (HUPA) Minister M. Venkaiah Naidu here, Canadian Minister of International Trade Ed Fast said his country's "expertise in wood-based housing technology that enables multi-storey construction and India can consider it to meet its ambitious housing targets".
This week SolarAid release their second ever Impact Report. The report is packed with information on how the charity does what they do, why they do it, the impact of that, and what they’re working towards. In the last year the charity, who's goal is to eradicate the kerosene lamp from Africa by 2020, had some great progress.
Mobile phones are giving farmers in rural communities served by Grameen Foundation's Community Knowledge Workers access to information that helps them improve their practices and earn more for their produce.
Accion today announced an investment in Umati Capital, a Kenya-based lending company that provides invoice discounting and other forms of working capital financing to small and medium-sized enterprises (SME) in East Africa.
"With the help of the Jan Dhan Yojana, the reach of banking can definitely be expanded, making migrant workers aware of different services," says a senior executive from Bank of India.
David Wilton Joins Morgan Stanley from International Finance Corporation.
Equity Bank's thin-SIM mobile money transfer system faces more hurdles after a data specialist went to court seeking to block its rollout.
West Africa’s Ebola epidemic is a “Black Swan” event that is likely to severely alter how the world approaches future global public health crises — even more so than the AIDS epidemic has done — according to a commentary published Friday in JAMA Internal Medicine by Michael Osterholm, director of the University of Minnesota’s Center for Infectious Disease Research and Policy (CIDRAP).
Shweta Kohli has always paid her own way.
Safaricom's popular mobile money-transfer service may finally have met its match as innovation in the banking sector catches up.
Mobile use in Africa is expected to increase 20-fold in the next five years.
New social start ups tackling water, energy and construction challenges in Pakistan hope to help break the country’s reliance on aid
In West Africa, one of the simplest ways to slow the Ebola outbreak is to educate people about how to keep from getting infected with the virus. Now, there are some signs that Ebola awareness is indeed driving down the number of cases in parts of Liberia — and Liberian musicians and DJs may deserve some of the credit.
Yesterday, Coins.ph, the Philippines largest Bitcoin exchange, launched what it says is the first mobile Bitcoin wallet designed specifically for emerging markets.
John Streur, incoming CEO of Calvert Investments Inc., sees "two broad trends that are really coming together to shape and influence socially responsible investing."
Millions of Southeast Asians today lack access to affordable, quality healthcare. As connected devices become increasingly ubiquitous in the region, however, many companies and NGOs are developing innovative ehealth apps to address the problem.
One of France's largest banks is teaming up with social network Twitter Inc. (TWTR.N) this week to allow its customers to transfer money via tweets.
The Federal Government has said it would leverage the expansive network of the Nigerian Postal Services (NIPOST) to reduce the unbanked adult population in the country to 10 per cent by 2016.
(Reuters) - Indian companies and global health groups are stepping up efforts to provide a critical medicine for the country's free HIV/AIDS drugs program after more than 150,000 patients risked going without their dosages this month.
The Global Innovation Fund (GIF), a UK-based nonprofit, recently announced its launch in the US city of New York. GIF plans to fund “social innovations” brought forward by nonprofit entities as well as for-profit organizations and government.
Pfenex Inc., a clinical-stage biotechnology company engaged in the development of high-value biosimilar therapeutics and difficult to manufacture proteins, today announced the initiation of a multi-product research program with PATH.
SC Johnson, the Wisconsin-based company, is selling cleaning and pest control products in Ghana while contributing to local efforts to reduce the risks of contracting malaria.
It took 18,500 interviews, but Nigeria managed to contain the Ebola outbreak.
The Gates Foundation’s Grand Challenges in Global Health programme is a decade old. How has it done, and what should it do in the future?
For almost a year, China has been pitching a big, internationally funded bank that would offer quick financing for badly needed transportation, telecommunications and energy projects in underdeveloped countries across the region. But the United States has not embraced the proposal.
RSF is pleased to announce a new loan to Madécasse, a social enterprise that makes chocolate and vanilla products in Africa. RSF provided a line of credit that will allow Madécasse to finance their inventory purchases and assist with cash flow gaps throughout the year.
Yesterday three physicists won the Nobel Prize in Physics for creating blue-light LEDs, which makes the LED white lights we find everywhere possible.
The Ebola outbreak in West Africa and now the U.S. is surely among the most high-profile incidents wherein mobile health technologies could have proven their mettle.
Washington, Oct 9 (IANS) An Indian government scheme to provide health insurance for catastrophic illness to households below the poverty line (BPL) has lowered both mortality rates and out-of-pocket expenses for the residents in Karnataka, a World Bank-funded study shows.
Bank Indonesia (BI) officially launched on Wednesday an electronic payment system to support the transfer of government direct cash assistance to poor families in several provinces in the country.
The deadly Ebola epidemic could deal a $32 billion-plus blow to the West African economy over the next year if officials cannot get it under control, the World Bank warned Wednesday.
An anonymous donor has given the University of Michigan $25 million to bring reproductive health medicine to remote areas in Africa.
Private equity fund LeapFrog Investments has exited a Kenyan insurance firm in which it first injected capital in 2011.
Koichi Saito, Director, IMJ Investment Partners doesn’t think Manila needs Google Glass
Stripped-down versions of products meant for the affluent, urban Indian will not work for the financially excluded
The Ebola outbreak created a demand for personal protective equipment. Clinics can go through hundreds of PPE suits a day. Manufacturers increased production but agencies say there's still a shortage.
Firestone detected its first Ebola case on March 30, when an employee's wife arrived from northern Liberia. Since then Firestone has done a remarkable job of keeping the virus at bay.
Targets to eliminate tuberculosis (TB) by 2050 are more likely to be met if new vaccines are developed for adults and adolescents rather than infants, according to a new research.
As global health officials rush to begin human trials of two promising Ebola vaccines in West African medical workers, a daunting question remains unanswered: Who gets the placebo injection?
Kenya’s Wananchi Group, which owns the Zuku pay-TV and fibre brands, has raised US$130 million in funding to expand in East and Southern Africa.
A new wave of financial innovation is forming, that could sweep over traditional banking, traditional payments systems, even the traditional idea of money.
Should charity go on forever? For Chuck Feeney, the answer is an emphatic no--and fellow billionaires, from newly-minted Silicon Valley entrepreneurs to Bill Gates and Warren Buffett, can learn from his example.
Commercial Bank of Africa and Safaricom have launched a campaign to deepen financial inclusion and access to financial services, targeting M-PESA customers who have yet to start using mobile savings and micro - loan solution M-Shwari.
CARD MRI, Freedom from Hunger and the Microcredit Summit Campaign are launching a joint project called “Healthy Mothers, Healthy Babies” to improve health knowledge and promote behavior change for more than 600,000 women by December 2015.
Has social entrepreneurship taken off in Africa? Is it making the impact it is supposed to make? Has institutional support been of the kind that is required?
Initially when she needed a loan, Joan Mwashi would approach a group she belonged to under a microfinance institution.
When Prime Minister Narendra Modi, in his Independence Day speech, vowed to eliminate open defecation, India took notice.
Banks in a tizzy over shortage of cards, duplication of accounts
Poor physical health and poverty can go hand-in-hand. When those without money suffer from a disability, they either cannot afford to get the medical attention to get better or go deeper into poverty trying to become healthy. In Mexico, two million people suffer from cataracts and even more from other eye-related health issues, making it the second leading cause of disability in the country. Most of them are poor or working class people.
India’s new Prime Minister, Narendra Modi and his delegation, who have been visiting the U.S. for the first time, have spent considerable time and energy in courting U.S. business interests.
Kolkata-based Bandhan Financial Services Pvt. Ltd is one of two companies (IDFC Ltd is the other) preparing to convert themselves into banks, having received an ‘in-principle’ approval from the Reserve Bank of India (RBI) six months back.
The World Health Organization (WHO) has described the framework of a health care system in terms of its basic building blocks.
It’s been reported that the Competition Authority of Kenya (CAK) has pushed through an order compelling Safaricom, Kenya’s largest mobile operator, to share its mobile money transfer agents with the other mobile networks.
Equity Bank is determined to challenge M-Pesa monopoly following an announcement made by Taisys Technologies where Equity Bank will be issuing a ultra-thin mobile banking smart SIM with patented technology from Taisys.
Project will scale-up pilots applying behavioral economics to create morecustomer-centric financial services
Latin American business schools are drawing more international students and launching more MBA programs with a unique focus on entrepreneurship and social responsibility.
The over the counter (OTC) drug market in India is expected to grow to $6.6 billion by 2016 with pharma companies and chemists increasing their presence in the rural market.
The Malawi Ministry of Health said new HIV infections have reduced from 52,000 to 35,000 per year.
Royal Philips has announced a partnership with South Africa based not-for-profit organization, PET (PowerFree Education Technology), to further develop, test and commercialise a Wind-up Doppler Ultrasound Fetal Heart Rate Monitor aimed at addressing the high rates of preventable infant mortality across Africa.
Clean cooking and better sources of energy can have a domino effect on health and education.
The world wide web still isn't all that worldwide. An exhaustive new study by McKinsey & Company (really, it's 120 pages long) about the barriers to Internet adoption around the world illuminates a rather surprising reality: 4.4 billion people scattered across the globe, including 3.2 billion living in only 20 countries, still aren't connected to the Internet.
Socially responsible investors—who seek to marry long-term competitive financial results with social objectives—have to tangle with a number of risks in emerging markets.
Some microfinance companies are doubtful of meeting the Bank of Ghana’s set deadline of June 2016 to shore-up their paid capital as per the revised regulations.
As the story of the mobile phone and its contribution in bridging the digital divide in Sub-Saharan Africa unfolds, the device’s revolutionary role in facilitating transactions and wealth distribution in the region is shaping up in an unprecedented way.
Policy makers, college administrators, and parents are all searching for ways to help needy students graduate. But one option is missing from the debate: pay-for-success financing.
Judith Rodin is the president of the Rockefeller Foundation, which means she’s in charge of giving away one of America’s historic fortunes. One problem: “As rich as Rockefeller” doesn’t mean quite what it once did. The foundation ranks only 16th in assets among U.S. charities, according to the Foundation Center.
Sanitation and nutrition, contraception and newborn survival, girls' education and child survival, infrastructure and maternal survival, women's incomes and violence -- these are just some of the most powerful relationships in global health and development today. Odd couples, you might think.
Facebook already knows who your friends are and the kind of things that grab your attention. Soon, it could also know the state of your health.
Citi is working with non-profit organisation Catalyst Miami on a tech-based financial inclusion programme that it believes could be replicated across the country.
The first wave of telco-backed payments banks is slated to charge up India's mobile banking turf but explosive growth in mobile money transactions, mirroring the Africa experience, won't happen unless RBI allows direct cash withdrawals under mobile wallet services, leveraging the reach of telecom retail networks, mobile operators and sector analysts told ET.
Farrukh H Khan is the Country Director & CEO of Acumen Pakistan and one of the leading independent business and financial advisors in the country.
Bill Gates is banking on digital technology to bring financial services to the world’s poor.
If the U.S. spent more money on disease prevention and clinics—and less on vaccines and drugs—everyone in the world would stand to benefit
The latest commercial for Procter & Gamble's top-selling brand of sanitary pads in India ticks all the usual boxes - a young woman jogs happily in pristine white trousers, before effortlessly winning a tennis tournament.
The recent revelation that the Ebola drug ZMapp is produced in the leaves of tobacco plants captured global attention.
Of the many unintended consequences of the Affordable Care Act, perhaps the least noticed is its threat to innovation.