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Our Staff Writers and Editors offer insights on the latest news, events, interviews and other happenings from the development through enterprise and base of the pyramid universes
Friday, July 25, 2014 — South Asia

Challenges lying ahead for impact investing

Source: Economic Times India

Having started as an impetus for microfinance nearly a decade ago, impact investing today influences a wide array of sectors and supports innovative business models.
Friday, July 25, 2014 — No Region Specified

GSK seeks approval for world's first malaria vaccine

Source: Reuters

LONDON (Reuters) - GlaxoSmithKline said on Thursday it is applying for regulatory approval for the world's first vaccine against malaria, designed for children in Africa.
Friday, July 25, 2014 — Sub-Saharan Africa

Samsung partners in good health for Sub-Saharan Africa

Source: IT News Africa

Samsung Electronics has joined GSMA, an organisation that represents the interests of mobile operators worldwide, to partner in initiatives that will see an improved healthcare system.
Friday, July 25, 2014 — No Region Specified

Fund managers hope for more robust socially conscious options

Source: Investment News

Money managers work to build products for younger investors, who are expected to favor values-driven investing
Friday, July 25, 2014 — Sub-Saharan Africa

IBM, Monitise targets financial sector with mobile money solution in Kenya

Source: Capital FM Kenya

IBM and Monitise have announced a global alliance to deliver cloud-based mobile commerce solutions to help financial services institutions embrace the mobile channel and better engage with customers.
Friday, July 25, 2014 — Sub-Saharan Africa

Bill Gates: Health, agriculture key to Africa's development

Source: Global Post

Health and agriculture development are key if African countries are to overcome poverty and grow, US software billionaire Bill Gates said Thursday, as he received an honourary degree in Ethiopia.
Friday, July 25, 2014 — South Asia

From food aid to nutritious, locally produced food: A look at fortifying flour in Ethiopia

Source: Devex

Right now in Ethiopia, nearly half of all children under the age of 5 are stunted and anemic.
Friday, July 25, 2014 — Sub-Saharan Africa

Abia, Ford Foundation, Forward Africa partner on youth health and development

Source: The Guardian Nigeria

EXPANSION of integrated programming to improve the reproductive health and general development of young people in Abia state has taken a new turn in the state capital following the inauguration of a 15-member Technical Working Group (TWG).
Thursday, July 24, 2014 — No Region Specified

The global impact of the female condom

Source: Daily Life

When Debby Herbenick met a friend and former colleague for lunch at the end of last year, it was only natural the conversation would turn to sex.
Thursday, July 24, 2014 — No Region Specified

Solar energy technology for those with no access to electricity

Source: The Guardian

With 1.7 billion people living without access to mains electricity, we look at five solar-powered products that could ease the problems of those 'off the grid'
Thursday, July 24, 2014 — South Asia

Lax antibiotic controls raise fears of killer disease

Source: Economic Times India

NEW DELHI: A pharmacist swiftly pulls white boxes of powerful antibiotics from neatly stacked shelves behind him, and hands them over the counter without asking for a doctor's prescription.
Thursday, July 24, 2014 — Sub-Saharan Africa

d.light Reaches 500,000th Pay-As-You-Go Customer, Launches Access Initiative

Source: Business Ghana

Company announces strategic focus to scale solar through financing globally
Thursday, July 24, 2014 — South Asia

CAMTech India's “Jugaad-a-thon” spurs promising innovations for maternal and child health

Source: Pharma Biz

CAMTech India along with Glocal Healthcare and GE Healthcare organised ‘Jugaad-a-thon’, an event to test creativity in medical design which brought to the table 34 new solutions ranging from new tools for antenatal care to disruptive technologies for newborn asphyxia.
Thursday, July 24, 2014 — South Asia

The Promise of 100% and Finding Fortune at the Bottom of the Pyramid

Source: Forbes

“100%, yes I am telling you…100%. The deal is ours. 100%!”
Thursday, July 24, 2014 — Sub-Saharan Africa

Nigeria: Doctors Strike - Hospitals Take to Free Medicals

Source: AllAfrica

An ongoing nationwide by doctors has prompted private practice and nongovernment agencies to step into healthcare to bridge gulfs let wide open when doctors walked out July 1.
Thursday, July 24, 2014 — Sub-Saharan Africa

Kenya's Airtel sticks to its case against Safaricom

Source: Mobile World Live

Kenyan operator Airtel has pledged to continue its case against larger rival Safaricom over what it charges for access to its M-Pesa mobile money transfer service, said Business Daily.
Thursday, July 24, 2014 — South Asia

Social business shows way of development in Myanmar

Source: The Daily Star

Yunus discusses his concept with top ministers of Southeast Asian nation
Thursday, July 24, 2014 — Sub-Saharan Africa

World Bank conducts Zimbabwe consumer-protection review

Source: News Day

A WORLD Bank mission team is in the country to conduct Zimbabwe’s first Consumer Protection and Financial Literacy (CPFL) Diagnostic Review amid revelations that consumers were being prejudiced by financial institutions.
Thursday, July 24, 2014 — South Asia

Chinese microcredit firms lend around USD $10 billion in first half of 2014

Source: Global Post

BEIJING, July 23 (Xinhua) -- Microcredit companies in China issued 61.8 billion yuan (about 10 billion U.S. dollars) of new loans in the first half of 2014, industry figures showed on Wednesday.
Thursday, July 24, 2014 — South Asia

World Bank to provide $18 bn aid to India in three years

Source: Odisha Sun Times

The World Bank Wednesday said it will provide financial support of $15-18 billion to India over the next three years to help accelerate economic growth and reduce poverty.
Thursday, July 24, 2014 — South Asia

Can India Achieve Financial Inclusion within the Next Few Years?

Source: Huffington Post

The new Government of India has made financial inclusion one of the corner stones in its modernization aspirations for the country.
Wednesday, July 23, 2014 — No Region Specified

Does the World Still Need the World Bank?

Source: Bloomberg View

There will always be a need for a World Bank, which celebrates a birthday of sorts Tuesday. There is no need for a World Bank with more than 10,000 employees.
Wednesday, July 23, 2014 — No Region Specified

Next Big Thing You Missed: Bigger, Cheaper Fuel Cells Will Eliminate Power Outages

Source: Wired

General Electric has a bright idea for keeping the lights on even when the electrical grid short-circuits. The 122-year-old company wants to bring clean, reliable, affordable energy to the masses with hyper-efficient fuel cells , and in a rare move, is launching a startup to do it.
Wednesday, July 23, 2014 — No Region Specified

Travel The World And Save It At The Same Time: Serial Entrepreneur Hugh Whalan Explains How

Source: Forbes

Talk about making the world a better place, and you probably won’t find too many naysayers.
Wednesday, July 23, 2014 — South Asia

iClinic Healthcare looks to raise Rs 25 cr to fund expansion

Source: Business Standard

Online healthcare provider iClinic Healthcare is in talks with investors to raise Rs 25 crore to fund its expansion in India.
Wednesday, July 23, 2014 — South Asia

India's new government vows clampdown on healthcare graft

Source: Reuters

India's health minister called for tougher laws on Tuesday after a media report alleged that laboratories had offered kickbacks to doctors who referred patients to their diagnostic centres.
Wednesday, July 23, 2014 — South Asia

A new kind of no-frills bank could kickstart India’s long-awaited mobile money revolution

Source: Quartz

The Reserve Bank of India (RBI) is one of the few institutions Indians respect (paywall). India’s central bank is known for being clean, sensible, and well-run. It is also extremely cautious
Wednesday, July 23, 2014 — Latin America

Financial Inclusion in Paraguay: New Mobile Money Regulation

Source: GSMA

The opportunity to increase financial access in Paraguay is massive.
Wednesday, July 23, 2014 — South Asia

The BRICS new development bank: A historic game-changer?

Source: Eurasia Review

Following two years of intense negotiations, the BRICS leaders agreed on 15 July 2014 in Fortaleza (Brazil) to launch the New Development Bank (NDB).
Wednesday, July 23, 2014 — No Region Specified

3 Essential Elements To Increase The Viability Of Your Social Venture

Source: Fast CoExist

Every social entrepreneur discovers the same pitfalls on their way to creating impact. But you can avoid them, if you know what to expect.
Wednesday, July 23, 2014 — Sub-Saharan Africa

Africans Open Fuller Wallets to the Future

Source: The New York Times

JOHANNESBURG — Across sub-Saharan Africa, consumer demand is fueling the continent’s economies in new ways, driving hopes that Africa will emerge as a success story in the coming years comparable to the rise of the East Asian Tigers in the second half of the 20th century.
Tuesday, July 22, 2014 — South Asia

India's youngest bank Bandhan to empower women, rural folk

Source: Business Standard

Innovative microfinance company Bandhan will operate as a bank from October next year and focus on empowering women and rural people, says its chairman and managing director Chandra Shekhar Ghosh.
Tuesday, July 22, 2014 — No Region Specified

Rise of social enterprises in Singapore prompts calls for greater regulation

Source: The Straits Times

The proliferation of so-called "social enterprises" here is prompting calls for greater regulation of this emerging sector.
Tuesday, July 22, 2014 — Sub-Saharan Africa

PRESS RELEASE: GROWTHAFRICA IMPACT ACCELERATOR ANNOUNCES ITS 6TH BATCH OF SOCIAL ENTERPRISES

Source: GrowthAfrica

Scaling innovative products and services to solve huge challenges in Kenya’s agriculture sector
Tuesday, July 22, 2014 — Latin America

Prudential Funds NCLR Research that will build on The Hispanic American Financial Experience

Source: Market Watch

The $850,000 grant will focus on the financial education needs of U.S. Hispanic population and dig deeper into Hispanics’ knowledge, access and use of financial products to achieve long-term financial security
Tuesday, July 22, 2014 — South Asia

Drug price cut of vital medicines a global phenomenon

Source: Economic Times India

MUMBAI: It is not the Indian regulator who is the only one after drug companies to cut prices. Across the world, pharmaceutical companies are coming under pressure to reduce prices as concerns over growing healthcare costs force governments to target drug makers.
Tuesday, July 22, 2014 — No Region Specified

OPINION: Leveraging economic supply chains for extending health solutions to the Bottom of Pyramid (BoP)

Source: Sankalp Forum

Products and services that are of relevance to public health need a supply chain to reach the bottom of the pyramid (BoP). They need to reach the last mile with the least transaction cost and in a sustainable manner, irrespective of the type of money that is involved (investor capital, grant etc). These services and products also need a channel. Establishing a channel for them, with least cost and long term viability has been the challenge to date in a country such as India. It is in this context that it becomes relevant to look at existing market mechanisms that are already reaching large BoP populations in rural and semi-urban areas, where some level of aggregation has already taken place.
Tuesday, July 22, 2014 — South Asia

Price caps on drugs hurt Indian units of global pharma firms

Source: Livemint

Widening of price controls adds pressure on the local units of global manufacturers to boost sales volumes
Tuesday, July 22, 2014 — No Region Specified

More Impact Investors Are Going 'All In'

Source: Forbes

If you want to keep up with the latest buzzwords in impact investing, here’s an important one starting to hit its stride: “all in”. It means placing your whole portfolio into assets with a positive social and/or environmental impact. Putting your money–all of it–where your mouth is.
Tuesday, July 22, 2014 — Sub-Saharan Africa

Philips introduces innovative ultra-mobile ultrasound system ‘VISIQ’ in Nigeria

Source: Business Day

Royal Philips unveiled its new ultra-mobile ultrasound system to the Nigerian market during the Lagos leg of its annual pan-African Cairo to Cape Town Roadshow.
Tuesday, July 22, 2014 — No Region Specified

3 Essential Elements To Increase The Viability Of Your Social Venture

Source: Fast CoExist

Every social entrepreneur discovers the same pitfalls on their way to creating impact. But you can avoid them, if you know what to expect.
Tuesday, July 22, 2014 — Sub-Saharan Africa

Strawberry flavoured condoms a hit

Source: The Standard Zimbabwe

NEW flavoured Protector Plus condoms with a sleeker and more stylish packaging have been introduced on the market, replacing the old Protector Plus condoms.
Tuesday, July 22, 2014 — South Asia

India PM Modi to unveil comprehensive financial inclusion schemes on Aug. 15 - here’s a sneak peek

Source: FirstBiz

Mumbai: Prime Minister Narendra Modi is set to give a big boost to the ongoing financial inclusion drive by unveiling a comprehensive programme, to be announced at the Red Fort in his address to the nation on the Independence Day.
Tuesday, July 22, 2014 — South Asia

World Bank Group (WBG) Loans $500m to Government of Indonesia for Financial Sector Reform

Source: MicroCapital

World Bank Group (WBG) Loans $500m to Government of Indonesia for Financial Sector Reform, Including to Boost Financial Inclusion
Tuesday, July 22, 2014 — South Asia

Arun Jaitley says India needs to create productive environment for investors

Source: Business Standard

Finance Minister, Arun Jaitley, said here on Saturday thatIndia needs to create such a productive environment for investors, that makes them feel that doing business in India is profitable.
Tuesday, July 22, 2014 — South Asia

Norms on small banks fail to impress micro lenders

Source: Business Standard

The Reserve Bank of India's (RBI) draft guidelines for licensing of small banks has failed to impress microfinance companies.
Tuesday, July 22, 2014 — No Region Specified

Epistem to roll out tuberculosis test following new agreement

Source: Manchester Evening News

The biotechnology form has agreed a collaboration and funding deal with the Global Health Investment Fund to help launch its tuberculosis diagnostic platform.
Tuesday, July 22, 2014 — No Region Specified

Kiva.org and Grameen-Jameel launch initiative to stimulate individual lending for microfinance

Source: CPI Financial

Kiva and Grameen-Jameel Microfinance Ltd. have partnered to launch “Change is in Your Hands” campaign.
Friday, July 18, 2014 — Sub-Saharan Africa

Africa: Cheap Nasal Spray May Save Snakebite Victims

Source: AllAfrica

Curitiba — Snakebites are a highly neglected health problem despite causing up to 84,000 deaths a year globally - but a novel, nasal spray-based approach may help reduce the toll, according to researchers.
Friday, July 18, 2014 — Sub-Saharan Africa

Hampered by Cost, Zimbabweans Skip Contraceptives

Source: Voice of America News

New research suggests thousands of women in Zimbabwe get pregnant each year because they cannot afford proper birth control methods.
Friday, July 18, 2014 — No Region Specified

On Capitol Hill, a brief simulation of what poor Americans go through each day

Source: The Washington Post

U.S. Rep. Daniel Kildee (D-Mich.) had just finished voting on highway construction funding before he was rushed to a meeting room and thrust into the anxiety-ridden world of Ann and Albert.
Friday, July 18, 2014 — South Asia

India misses key health targets, but shows improvement

Source: Business Standard

India is lagging considerably behind its key human development index targets, including population control, infant mortality rate (IMR) and maternal mortality rate (MFR), according to figures given by Health Minister Harsh Vardhan in Lok Sabha today.
Friday, July 18, 2014 — Sub-Saharan Africa

The virus detective who discovered Ebola in 1976

Source: BBC News

Nearly 40 years ago, a young Belgian scientist travelled to a remote part of the Congolese rainforest - his task was to help find out why so many people were dying from an unknown and terrifying disease.
Friday, July 18, 2014 — No Region Specified

McKnight Foundation adds director of impact investing

Source: Pensions&Investments

Elizabeth McGeveran was named impact investing program director at the $2 billion McKnight Foundation, Minneapolis, spokesman Tim Hanrahan said.
Friday, July 18, 2014 — No Region Specified

International Reform Activists Dissatisfied by BRICS Bank

Source: Inter Press Service

FORTALEZA, Brazil, Jul 17 2014 (IPS) - The creation of BRICS’ (Brazil, Russia, India, China and South Africa) own financial institutions was “a disappointment” for activists from the five countries, meeting in this northeastern Brazilian city after the group’s leaders concluded their sixth annual summit here.
Friday, July 18, 2014 — Sub-Saharan Africa

Rwanda: Why Farmers Are Loyal to Micro-Finance Institutions

Source: AllAfrica

Rwandans have hailed the role of micro-finance institutions just as Kigali is hosting a global financial inclusion summit starting today.
Thursday, July 17, 2014 — Sub-Saharan Africa

Gemalto, GSMA drive African mHealth initiative

Source: Biztechafrica

Gemalto has announced its partnership with (global System for Mobile Communication Association (GSMA1) to drive the pan-African mHealth Initiative (PAMI).
Thursday, July 17, 2014 — No Region Specified

What Conditions Will Bring More Investors into the Sustainable Seafood Sector?

Source: National Geographic

As sustainable seafood markets grow, philanthropists, nonprofit leaders, and entrepreneurs see opportunities for impact-minded investors to make profits while creating positive change in the oceans.
Thursday, July 17, 2014 — No Region Specified

Discovery Health, Woolworths ‘winning at home’

Source: Moneyweb

These emerging market companies are giving multinationals a run for their money – BCG.
Thursday, July 17, 2014 — South Asia

Lessons from India for Africa’s healthcare entrepreneurs

Source: HowWeMadeItInAfrica

Access to high-quality, low-cost healthcare services is a big challenge in many African countries. There are few public hospitals in most areas and those available are often under-staffed, under-funded and lack basic facilities. Low-income earners and people residing in rural areas face even greater difficulties accessing the most basic care.
Thursday, July 17, 2014 — No Region Specified

High School Student 3D Prints Innovative Syringe Which Could Expand Vaccination Possibilities

Source: 3D Print .com

While some high school students were worrying about their school portraits or who might take them to the prom, Park City High School senior Peter Bermant was worrying about the problems with distributing vaccines in developing countries.
Thursday, July 17, 2014 — No Region Specified

5 things you need to know about the New Development Bank

Source: The Straits Times

At the 6th BRICS summit in Fortaleza, Brazil, on Tuesday, the New Development Bank was created.
Thursday, July 17, 2014 — South Asia

RBI spells out draft norms to set up payments banks, small banks in India

Source: FirstBiz

The Reserve Bank of India (RBI) on Thursday spelled out draft norms to set up payments banks and small banks in India that will give a major push for financial inclusion, or the process of spreading banking services in the un-banked segments, in Asia’s third largest economy.
Thursday, July 17, 2014 — Sub-Saharan Africa

Safaricom move to open up M-pesa agent network seen to aid mobile money services

Source: PC Advisor

Safaricom's move last week to allow agents for its M-pesa mobile money service to work for rival operators is broadly being viewed as having the potential to further fuel the growth of such services.
Thursday, July 17, 2014 — South Asia

Indian government to set up credit guarantee fund to support Rs 40,000-crore Financial Inclusion Mission

Source: Economic Times India

NEW DELHI: The government will set up a credit guarantee fund to support its over Rs 40,000-crore new Financial Inclusion Mission, which envisages to give a Rs 5,000 overdraft facility to around 8 crore new account holders.
Thursday, July 17, 2014 — No Region Specified

Tech Entrepreneur Priya Haji, Founder And CEO Of SaveUp, Has Passed Away At 44

Source: TechCrunch

Priya Haji, a Silicon Valley tech entrepreneur known for her focus on socially-minded ventures in both the for-profit and non-profit spaces, most recently as CEO and co-founderof personal financial savings app SaveUp, passed away unexpectedly of natural causes on July 14th at the age of 44.
Thursday, July 17, 2014 — No Region Specified

Buffett gives record $2.1 billion donation to Gates Foundation

Source: Bloomberg

Warren Buffett, the second-richest person in the United States, made his largest single charitable contribution ever when he donated $2.1 billion to the Bill and Melinda Gates Foundation.
Thursday, July 17, 2014 — No Region Specified

A Supply Chain Overhaul To Boost Coffee Farmers' Income 400%

Source: Forbes

This is about a social enterprise on a mission to reinvent the coffee supply chain, giving farmers a bigger and more equitable piece of the action.
Wednesday, July 16, 2014 — No Region Specified

Focus on Poverty: More nutrition science or political will?

Source: SciDev.Net

The second Hunger and Nutrition Commitment Index (HANCI) has just been launched, providing detailed evidence on efforts to reduce hunger (ten indicators) and undernutrition (12 indicators) in 45 developing countries.
Wednesday, July 16, 2014 — Sub-Saharan Africa

Could HIV self-testing be a game changer in Africa?

Source: Thomson Reuters Foundation

In Africa, where fewer than half the people know their HIV status, HIV self-testing is being explored as a way of encouraging more individuals, particularly in high risk groups, to know their status as a first step to seeking treatment, an AIDS charity said on Monday.
Wednesday, July 16, 2014 — No Region Specified

Unrestricted Funding, Famous Alums Fuel Coveted Fellowship For Social Entrepreneurs

Source: Forbes

Echoing Green. If you’re apt in poetry or if you just Googled the name, you’d know it was the title of a poem by William Blake that begins with “The sun does arise, And make happy the skies.” That theme of embracing a better world translates to another Echoing Green — a nonprofit that empowers social entrepreneurs, in part by offering what have become prestigious fellowships.
Wednesday, July 16, 2014 — No Region Specified

World Bank review shows flaws in social, environment safeguards process

Source: Reuters

(Reuters) - The World Bank has systemic defects in its procedures to ensure that people and the environment are not harmed in development projects, according to an internal review obtained by Reuters.
Wednesday, July 16, 2014 — No Region Specified

Motivating Corporations to Do Good

Source: The New York Times

Is it naïve to expect corporations to assist in addressing the social, economic and environmental challenges of the day?
Wednesday, July 16, 2014 — South Asia

Rollout strategy is key to battling India's TB epidemic, researchers find

Source: EurekAlert!

A new study led by Johns Hopkins Bloomberg School of Public Health researchers suggests that getting patients in India quickly evaluated by the right doctors can be just as effective at curbing tuberculosis (TB) as a new, highly accurate screening test.
Wednesday, July 16, 2014 — South Asia

OPINION: Five reasons why Modi government’s grand financial inclusion plan won’t work

Source: FirstBiz

The Modi-government has somewhat bought the idea of universal bank accounts, something first proposed by the Nachiket Mor panel in January, 2014. The plan will finally come up with a little bit of 'Modi'-fication. Instead of one full service bank account for every adult citizen by January 2016—the idea proposed by the Mor panel—the government plans to offer two bank account for every household within the next year.
Wednesday, July 16, 2014 — Sub-Saharan Africa

Telecel Zimbabwe launches mobile money credit card

Source: ITWeb Africa

Zimbabwe's second largest telco by subscriber numbers, Telecel, on Wednesday launched a credit card for its mobile money system Telecash.
Tuesday, July 15, 2014 — No Region Specified

Nearing A Deadline, Is The World Going To Meet The Millennium Development Goals?

Source: Fast CoExist

The latest UN appraisal shows progress, but in some areas, such as child mortality and biodiversity loss, we're falling short.
Tuesday, July 15, 2014 — Sub-Saharan Africa

New Contraceptive Shot Being Released in Africa

Source: The New York Times

An easy-to-use new form of the injectable contraceptive Depo-Provera was introduced last week in Burkina Faso, the first of four African countries in which it will be rolled out this year.
Tuesday, July 15, 2014 — Sub-Saharan Africa

Profiting from poverty: Do some companies benefit from twisted images of Africa?

Source: HowWeMadeItInAfrica

In recent years there has been a change in thinking and narrative when it comes to Africa’s representation in western media. A good example of this is The Economist’s special report last year that referred to Africa as the “Hopeful Continent”, a mere 13 years after publishing the front cover that dubbed it the “Hopeless Continent”.
Tuesday, July 15, 2014 — Sub-Saharan Africa

Mobile payments ideal for Africa

Source: ITWeb Africa

In emerging markets, mobile money has the power to transform lives, says Gemalto.
Tuesday, July 15, 2014 — No Region Specified

TPP: Still a Terrible Deal for Poor People's Health

Source: Huffington Post

When the intellectual property (IP) chapter of the U.S.-led Trans Pacific Partnership (TPP) trade agreement was leaked late last year, it confirmed everything public health watchers had warned about for years.
Tuesday, July 15, 2014 — Sub-Saharan Africa

Kenya mobiles step up rivalry

Source: East African Business Week

NAIROBI, Kenya - Kenya’s lucrative mobile money transfer market is set for unprecedented competition following the entry of three additional telecoms operators with intention to have a piece of the sector’s billion shillings pie.
Tuesday, July 15, 2014 — Sub-Saharan Africa

mHealth initiative to curb infant and maternal fatalities in Kenya

Source: Africa Science News

In a bid to reduce the glaring rates of child and maternal deaths annually estimated at 6.6 million and 260,000 respectively, Sub Saharan-African states are set to launch a mobile phone text messaging service to educate masses on better health care and nutrition.
Tuesday, July 15, 2014 — South Asia

IBM signes deal worth Rs 550 crore with microfinance firm Janalakshmi Financial Services

Source: Economic Times India

NEW DELHI: International Business Machines (IBM) has signed a deal worth Rs 550 crore with microfinance firmJanalakshmi Financial Services, according to people familiar with the discussions. IBM's consulting division, along with its Institute of Business Value, is leading the engagement, a person familiar with the transaction said.
Tuesday, July 15, 2014 — No Region Specified

What social nonprofits can teach the corporate world

Source: Fortune

Going forward, for-profit enterprises will need to collaborate with other groups to do things like product design and manufacturing. Social enterprises have mastered this.
Tuesday, July 15, 2014 — South Asia

Medanta-The Medicity: World class health care, with a soul

Source: Forbes India

Dr Naresh Trehan's vision for his latest venture is to emulate the best-in-class health care facilities in the world
Tuesday, July 15, 2014 — Sub-Saharan Africa

Mobile health in Africa: MDiabetes program: Mobile technologies are catalysts for development

Source: Mareeg

Mareeg.com-DAKAR, Senegal,July 14, 2014/ – Alcatel-Lucent (http://www.alcatel-lucent.com) attended the ceremony for launching the m-Ramadan campaign, which originated from the mDiabetes program, in Dakar on June 16, 2014.
Tuesday, July 15, 2014 — No Region Specified

OPIC: Let’s leverage impact investing to make aid funding sustainable

Source: Devex

Much of the impact investing field has been driven by public sector actors, which have an important role to play both in the way they deploy their capital and the work that they can do to build the industry.
Friday, July 11, 2014 — No Region Specified

Childhood TB 25 Percent Higher than Previous Estimates

Source: Science World Report

A recent study published in The Lancet Global Health found that the incidence of childhood tuberculosis has been 25 percent higher than previous estimates. In fact, findings suggest that around 15 million children may be exposed to TB every year, while roughly 53 million are living with latent TB infection.
Friday, July 11, 2014 — South Asia

BlackBerry Up on Plans for New Healthcare Platform in India

Source: Zacks.com

Finally, things are shaping up well for Canadian handset manufacturer BlackBerry Limited. According to a report in Economic Times, Blackberry is planning to introduce a novel service platform designed to cater to the needs of the health care sector.
Friday, July 11, 2014 — Sub-Saharan Africa

Muslims demand condom ban in Malawi

Source: Nyasa Times

Malawi Muslim traditional leaders are campaigning against the promotion of condoms as a means of preventing HIV and AIDS.
Friday, July 11, 2014 — No Region Specified

What if everything we know about poor countries' economies is totally wrong?

Source: Vox Media

As China and India continue their fairly rapid paces of economic growth, a greater and greater share of extreme poverty is going to be concentrated in sub-Saharan Africa. But if we're going to make progress there, we need to have good numbers about how various economies are faring, how income is distributed within them, and so forth.
Friday, July 11, 2014 — No Region Specified

The key to a more productive classroom is more recess

Source: Quartz

More and more US banks are getting out of the money-transfer business, Dealbook notes (paywall). A series of money-laundering scandals, punished by eye-popping fines, has made them cautious: Bank of America, HSBC, Citigroup and JP Morgan have pulled out altogether, while BBVA is reportedly looking to sell off a business unit that handles wire transfers in Latin America.
Friday, July 11, 2014 — South Asia

Hewlett-Packard eyes Indonesia’s SMEs, public sector

Source: Jakarta Post

US-based information and communication technology (ICT) company Hewlett-Packard (HP) is targeting customers from small- and medium-sized enterprises (SMEs) and the public sector in Indonesia, considering these market segments to be the nation’s most robust.
Friday, July 11, 2014 — Sub-Saharan Africa

Zimbabwe's high interest rates, multiple borrowings and growing debts

Source: The Africa Report

Zimbabwe's microfinance institutions (MFIs) doled out $170 million worth of loans to clients in the first quarter of the year with the bulk of the funds going towards domestic consumption.
Friday, July 11, 2014 — Sub-Saharan Africa

Incentives to lift mobile money uptake

Source: ITWeb

Airtime can be used as an incentive to drive the uptake and usage of mobile money services in countries where its growth has been sluggish.
Friday, July 11, 2014 — Sub-Saharan Africa

Fraudulent Mobile Money Transactions by Staff Cost MTN Uganda Billions

Source: Tech Moran

Mobile telecoms operator MTN Uganda has a history of losses resulting from internal misappropriation of funds. In a number of cases, former employees — mainly trade developers, mobile money agents and cleaners of contracted cleaning agencies — have faced convictions for defrauding the company.
Thursday, July 10, 2014 — Sub-Saharan Africa

Nigeria Launches National Bank Verification Scheme

Source: Ventures Africa

VENTURES AFRICA – As part of the financial inclusion policy of the Financial Sector Strategy (FSS) agenda of ensuring Nigeria becomes one of the top 20 largest economies in the world by 2020, the Central Bank of Nigeria (CBN) has advised bank customers in Lagos to register and obtain their Bank Verification Number (BVN).
Thursday, July 10, 2014 — No Region Specified

Big Three Credit Rating Agency Courts Impact Investing at Right Moment

Source: Student Reporter

NEW YORK — It’s not without rhyme or reason that a credit rating agency like Moody’s Investors Service suddenly takes an interest in the impact investing field. For Mark Tulay, founder and CEO of Sustainability Risk Advisors and Sustainability ROI, this institution has good reasons to do so. “Credit raters see that climate change could, or likely will, lead to an environmental crisis that will create the next economic crisis,” said Tulay at the TBLI CONFERENCE USA 2014.
Thursday, July 10, 2014 — Sub-Saharan Africa

‘eHealth For Africa’ initiative makes debut in Nigeria

Source: The Guardian Nigeria

AS part of efforts to strengthen health system in Nigeria, Novartis has introduced ‘eHealth For Africa’ initiative into the country – being an updated version of the Short Message Service (SMS) for Life system in public health facilities.
Thursday, July 10, 2014 — No Region Specified

Global Insulin Market Worth $47.54 Billion by 2020 Research Report Available Online

Source: WhaTech

Key industry participants include Sanofi, Novo Nordisk, Eli Lilly, Novartis, Biocon, Oramed Pharmaceuticals, Bristol-Myers Squibb, Takeda Pharmaceuticals, Dongbao Enterprise Group Co., Ltd. and others.
Thursday, July 10, 2014 — Sub-Saharan Africa

Connecting healthcare workers in rural Uganda with mobile technology

Source: Malaria Consortium

Malaria Consortium has encouraged the creation of parish coordinator roles as part of the integrated community case management (iCCM) programme in support of the Ugandan Ministry of Health’s village health team structure and as part of the inSCALE project in Uganda, which seeks to increase coverage of community health services. Acting as the link between village health team members (VHTs) and supervisors, the role of the parish coordinator facilitates the reporting, supervision and mobilisation processes, often through the use of mobile technology.
Thursday, July 10, 2014 — No Region Specified

Crowdfunding Leaps Forward Beyond Hype To Solve Big-World Problems

Source: Forbes

Much of the hype around crowdfunding has frustratingly proved to be so much hot air. The United Nations Global Compact and the U.S. State Department are working to change that by bringing crowdfunding forward to finance projects in the developing world, especially projects designed to address the social problems endemic there.
Thursday, July 10, 2014 — South Asia

Building Resilient Communities in the Philippines, Together

Source: Thomson Reuters Foundation

In November 2013, Typhoon Haiyan ravaged Central Philippines, displacing entire communities in its path. The catastrophic destruction drew a tremendous outpouring of support from around the world, and immediate relief efforts ensued.
Thursday, July 10, 2014 — Sub-Saharan Africa

Safaricom and Kenya Commercial Bank Partner to Counter Equity's Mobile Money Plan

Source: AllAfrica

KENYA Commercial Bank has partnered with Safaricom to offer a new product that converges financial and communication services to take on Equity Bank's planned mobile virtual network operation business.
Thursday, July 10, 2014 — South Asia

Setting a High Bar for Poverty in India

Source: The New York Times

NEW DELHI — It is not uncommon for Indians to stand in a line to receive alms from a politician as he gives away clothes, pots and laptops that would make Apple laugh. This is a custom that has survived from a time when the theater of charity was enough to make the poor feel grateful. But they have since come to regard such alms as political buffoonery and now expect substantial assistance from the government.
Thursday, July 10, 2014 — South Asia

Social entrepreneur incubator launched in Taiwan

Source: Taiwan Today

A social entrepreneur incubation platform based on the U.K.’s UnLtd model was launched July 1 in Taiwan, according to program operator Social Enterprise Insights.
Wednesday, July 09, 2014 — North Africa and Near East

Pakistani businesswoman Sadaffe Abid makes it her mission to empower women

Source: The National

Sadaffe Abid is one of Pakistan’s most successful businesswomen. She was the chief executive of the Kashf Foundation, one of the largest microfinance institutions in Pakistan, growing it from a pilot project in two rooms, to serve 300,000 female clients with micro-loans. Ms Abid also co-founded the Buksh Foundation, a Pakistani start-up that enhances financial access to micro entrepreneurs. After 13 years in micro-financing, Ms Abid now splits her time between Dubai and Pakistan, conducting leadership training focused on developing high-potential female professionals and entrepreneurs and emerging talent.
Wednesday, July 09, 2014 — Sub-Saharan Africa

New mobile project to tackle malnutrition in Africa and Asia

Source: ILRI news

A CABI-led consortium has gained GSMA funding to help three million people access nutrition information using mobile technology.
Wednesday, July 09, 2014 — Sub-Saharan Africa

Safaricom finally agrees to open up M-Pesa agent network

Source: ITWeb Africa

Mobile network Safaricom, which runs M-Pesa, has unexpectedly agreed to open up its agency network across the country to its rivals.
Wednesday, July 09, 2014 — No Region Specified

Brainlab Announces Launch of Right.Brain Foundation To Advance Global Healthcare

Source: Digital Journal

MUNICH--(Business Wire)--In a continued effort to expand global access to and consistency of healthcare, Brainlab today announced the launch of the Right.Brain Foundation, which will provide medical technology and education to selected hospitals and public institutions in Southeast Asia, Africa, Central and South America.
Wednesday, July 09, 2014 — South Asia

OPINION: India’s Sex-Ed Controversy

Source: The New York Times

India’s health minister, Harsh Vardhan, is on the defensive after he questioned the focus on condom use in the fight against the spread of H.I.V. Late last month, Dr. Vardhan, who is a surgeon by profession, defended a call on his website to ban sex education.
Wednesday, July 09, 2014 — No Region Specified

What's next for impact investing: Definitions, measurement and rising expectations

Source: Devex

Impact investing represents a potential additional funding stream for development, but the field is still evolving and those working in it warn we may be expecting too much, too soon.
Wednesday, July 09, 2014 — South Asia

OPINION: Bank accounts for all won’t bring financial inclusion to India

Source: First Post India

Financial inclusion, the buzzword that Manmohan Singh government used quite freely during his term in office, is likely to be part of Prime Minister Narendra Modi’s lexicon as well. But the question is, how will he implement it?
Wednesday, July 09, 2014 — South Asia

Mobile Banking Rises Across the Globe

Source: eWEEK

Emerging countries such as China, India and Bangladesh witnessed significant growth in the past 12 months, the Juniper study found.
Tuesday, July 08, 2014 — Sub-Saharan Africa

Kenya’s BRCK raises $1.2M to connect the last mile to the internet

Source: Press Release

Ushahidi spinout BRCK Inc. announced today that it has closed a $1.2 million seed round. BRCK is solving last-mile connectivity problems with a device that can bring seamless internet connection to the most remote areas of the world.
Tuesday, July 08, 2014 — Sub-Saharan Africa

Equity Bank, Safaricom in clash that could affect Mpesa’s future

Source: Standard Digital

Kenya: The black swan theory provides an interesting way of looking at the business world. But for many entrepreneurs and corporate leaders, this theory — which describes an event that comes as a surprise and has a major effect — is yet to be ingrained in their way of life. And this is despite the fact that innovations that turn the world of business upside down often, if not always, come from “unexpected” quarters.
Tuesday, July 08, 2014 — South Asia

Impact Investing in India: Poised to Grow?

Source: CFA Institute

Impact investments are expected to increase globally this year, with South Asia and Southeast Asia among the top target regions, according to a recent survey by JPMorgan and Global Impact Investing Network (GIIN). This could bode well, in particular, for India’s nascent impact investment sector, which is one of the most active in the region.
Tuesday, July 08, 2014 — Sub-Saharan Africa

Tanzania: Better Credit Facility in Pipeline

Source: AllAfrica

MEMBERS of the public may soon start accessing credits on competitive terms, thanks to the Credit Reference Bureau (CRB), that commercial banks have embraced amid optimism that the data base will help to extend financial services to more people, a new study has shown.
Tuesday, July 08, 2014 — Sub-Saharan Africa

Electrify Africa, Energize Africa and Power Africa: Partnering With Africa for the Long Run

Source: Roll Call

Monday, 30 June, was the first year anniversary of President Obama’s Power Africa initiative, the president’s signature initiative for the continent which seeks to expand electricity to address poverty alleviation and economic growth.
Tuesday, July 08, 2014 — No Region Specified

Public-private partnerships: A 'win-win' for global health?

Source: Global Post

Forged partnerships between the public and private sectors are gaining prominence, raising questions about their transparency and precise impact in the world.
Tuesday, July 08, 2014 — No Region Specified

Clay Fridges That Keep Food Cool Without Electricity

Source: Fast CoExist

This food storage box won't replace a refrigerator. But it'll help keep food fresh for people who don't have one.
Tuesday, July 08, 2014 — Sub-Saharan Africa

Nine African countries win renewable energy development funding

Source: pv magazine

The low-income nations were awarded new funding and operational support at the semi-annual Climate Investment Funds governing body meeting.
Tuesday, July 08, 2014 — Sub-Saharan Africa

Gates Foundation battling big new threat in malaria fight

Source: The Seattle Times

Just as Myanmar opens up to the world and becomes a place of economic opportunity, fears are rising over the spread of a drug-resistant form of malaria. But efforts are under way, including a big initiative of the Gates Foundation, to fight this problem.
Tuesday, July 08, 2014 — Sub-Saharan Africa

Going the Extra Mile for Health

Source: Huffington Post

In the distant corners of Africa, entrepreneurs deliver goods and services across bumpy roads, crossing brimming rivers and rickety bridges, climbing steep hills and descending treacherous valleys. It is a classic story of conquering odds to reach the unreached.
Monday, July 07, 2014 — South Asia

Adarsh Credit Co-op Reaches India's Rural Poor With Mobile Tech

Source: Forbes

Mobile phones are a key way to expand financial inclusion to rural areas across emerging markets, as M-Pesa has demonstrated in Kenya. In India, Adarsh Credit Co-operative Society reaches one million members through 800 branches and more than 100,000 financial advisors who travel through villages taking deposits or disbursing money by linking to the bank through their mobile phones.
Monday, July 07, 2014 — Sub-Saharan Africa

Linezolid: Affordable generic access win highlights obstacles to life-saving treatment

Source: Science Speaks

With side effects that include stomach pain, vision problems, vomiting, diarrhea, and anemia as well as pain, weakness, and numbness in hands and feet, linezolid is not something you would take if you had much choice.
Monday, July 07, 2014 — Sub-Saharan Africa

South Africa’s cashless future relies on localisation, not innovation

Source: memeburn

South Africa’s perceived ‘failure to launch’ in respect to mobile money needs to be put into a global context. In the latest MasterCard Mobile Payments Readiness Index, only four countries – Singapore, Canada, the US and Kenya – score higher than 40 out of a possible 100. The inflection point, according to the report, sits at 60, highlighting the fact that in most cases mobile payments has been a solution looking for a problem.
Monday, July 07, 2014 — Sub-Saharan Africa

Injecting healthcare into Nairobi’s slums

Source: New Internationalist

What is the significance of seven seconds?
Monday, July 07, 2014 — No Region Specified

New private equity fund targets microfinance institutions for women

Source: Devex

It’s been a while in the making, but this week Women’s World Banking finally closed its first private equity fund to invest in microfinance enterprises that support women.
Monday, July 07, 2014 — Sub-Saharan Africa

Developing Africa Through Effective, Socially Responsible Investing

Source: Ventures Africa

VENTURES AFRICA – The SME space is seeing tremendous growth in Africa, with easier access to funds from financial institutions and government policies encouraging sector growth.
Monday, July 07, 2014 — Sub-Saharan Africa

Kenya's mobile innovation brings digital money closer

Source: BBC News

Kenyan financial services heavyweight Equity Bank is planning to roll out mobile banking services in July, using innovative paper-thin SIM technology.
Monday, July 07, 2014 — No Region Specified

Healthy moms give birth to 'similar size babies' worldwide

Source: Zee News

Washington: A new International study has revealed that babies born to healthy mothers are remarkably of the same size worldwide.
Monday, July 07, 2014 — Latin America

Social Enterprise In Haiti Transforms The Lives Of Peanut Farmers

Source: Forbes

The Clinton Giustra Enterprise Partnership recently announced the launch of its latest social enterprise. Called Acceso Peanut Enterprise Corp., it’s aimed at the more than 12,000 small holder peanut farmers in Haiti.
Thursday, July 03, 2014 — South Asia

Rural education firm Hippocampus raises $2.4M from ADB, Unitus, Khosla Impact

Source: VCCircle

Hippocampus operates 128 learning centres in Karnataka with a student base of over 7,500.
Thursday, July 03, 2014 — No Region Specified

Impact investing: What’s in it for your nonprofit?

Source: Devex

Are you a nongovernmental organization wondering how to benefit from impact investors?
Thursday, July 03, 2014 — South Asia

Mobile money and digitized payments have few takers in India

Source: LiveMint

Lack of awareness and difficult access are the main hurdles
Thursday, July 03, 2014 — No Region Specified

How We Cope With MDGs Challenges

Source: The News Nigeria

As the global community winds down the efforts towards the Millennium Development Goals, countries’ efforts are coming under scrutiny. In this interview with OLUOKUN AYORINDE, the Senior Special Assistant to the President on the Millennium Development Goals, Dr. Precious Kalamba Gbeneol, gives insight into the progress so far recorded by the country and others
Thursday, July 03, 2014 — Sub-Saharan Africa

Kenya, Uganda, Rwanda working on cross border mobile money platform

Source: HumanIPO

East Africa will soon have a common mobile money platform that will enable users to send money from one country to another without any difficulty under exchange rates approved by central banks.
Thursday, July 03, 2014 — Asia Pacific

Corporate ‘Prizes’ Driving Innovation

Source: Pro Bono Australia

As the global trend for corporate prize winning competitions to drive innovation increases, a new US report offers guidance for the public sector, Not for Profits and philanthropic foundations on cultivating the winning opportunities.
Wednesday, July 02, 2014 — South Asia

Impact investor money chasing very few investible companies in India

Source: Business Today

Venky Natarajan, Managing Partner at impact investment fund Lok Capital, speaks to BUSINESS TODAY about impact investing in India.
Wednesday, July 02, 2014 — Sub-Saharan Africa

Ugandan banks look to expand reach through agents

Source: The Observer

At least six banks have expressed interest in using agents to reach out to people outside the formal banking institutions, Bank of Uganda has said.
Wednesday, July 02, 2014 — Latin America

TriLinc Global Impact Fund Makes Impact Investment in Argentina

Source: Fort Mill Times

TriLinc Global Impact Fund approves a new $5.0 million revolving trade finance facility to an Argentine beef company, bringing total financing commitments as of June 30, 2014 to $28.7 million for business expansion and socioeconomic development in Latin America
Wednesday, July 02, 2014 — South Asia

Indonesia Receives Us$500 Million from World Bank in Support of Financial Sector Reform Policies

Source: Insurance News

WASHINGTON, July 1 -- World Bank issued the following news release: The World Bank'sBoard of Executive Directors approved today a US$500 millionFinancial Sector Reform and Modernization Development Policy Loan for the Government of Indonesia. The loan supports Indonesia's policies aimed at reinforcing the stability of the financial system, diversifying the financial sector, and expanding financial inclusion to reach the poor and other underserved groups.
Wednesday, July 02, 2014 — No Region Specified

GNRC announces launch of air ambulance service in North-East India

Source: The Health Site

GNRC (formerly known as Guwahati Neurological Research Centre) today unveiled plans to initiate air ambulance and medical outreach programme using helicopters to remote areas of North-east India.
Wednesday, July 02, 2014 — Sub-Saharan Africa

Tanzania: Missing Link Between Economic Growth, Poverty Reduction

Source: AllAfrica

THE much celebrated economic growth in Tanzania and other African countries that are said to make good progress can only have a meaning if there will be myriad poverty alleviation indicators.
Wednesday, July 02, 2014 — South Asia

Social entrepreneur incubator launched in Taiwan

Source: Taiwan Today

A social entrepreneur incubation platform based on the U.K.’s UnLtd model was launched July 1 in Taiwan, according to program operator Social Enterprise Insights.
Wednesday, July 02, 2014 — South Asia

Text and voice messages help close Bangladesh health gap

Source: IRIN News

DHAKA, 1 July 2014 (IRIN) - Bangladesh is moving to boost maternal health services in poorly-served rural areas by targeting voice and text messages at expectant and pregnant mothers and their families. The aim is to educate and support mothers in places where health services are weak.
Wednesday, July 02, 2014 — South Asia

HP Will Expand Its Cloud-enabled Rural Health Care Centres In India

Source: Business Insider India

HP's two day long summit is on in Mumbai, India. Today world's major technology and data solutions company, HP, revealed a lesser known fact.
Tuesday, July 01, 2014 — Sub-Saharan Africa

Africa: Seven Ways to Assist Health Research in Developing Nations

Source: AllAfrica

A guide released yesterday details seven principles for good practice in strengthening research capacity in low- and middle-income countries (LMIC).
Tuesday, July 01, 2014 — No Region Specified

U.N.'s Own Study Reveals Its $13 Billion Maternal Health Efforts Aren't Saving Lives

Source: Huffington Post

LONDON (AP) — In the past decade, billions of dollars have been spent trying to save the lives of mothers in developing countries using strategies — usually inexpensive drugs — deemed essential by the U.N. health agency.
Tuesday, July 01, 2014 — No Region Specified

Going under the knife: surgery access should be available to all

Source: The Guardian

Two billion of the world's poorest are at risk because of the perceived high cost of surgical treatment. But there are solutions
Tuesday, July 01, 2014 — No Region Specified

Orissa-based Milk Mantra raises $13M in Series C led by Fidelity Growth Partners

Source: VCCircle

The transaction also had a secondary component where 25 angel investors and an old fund under Aavishkaar have exited.
Tuesday, July 01, 2014 — No Region Specified

OPINION: What Impact Investors Can Learn From Winemaking

Source: Unreasonable

There is a winery near my hometown of Charlottesville, Virginia, and if you were to ask me what I thought of it I would respond that, “the product is a work in progress, but the user experience is awesome.” Impact investing can learn a lot from this vineyard, Early Mountain Vineyard.
Tuesday, July 01, 2014 — Sub-Saharan Africa

Mobile virtual operators compete with established players in Africa

Source: PC Advisor

Players in the traditional telecoms market have struggled in countries where extensive infrastructure is needed
Tuesday, July 01, 2014 — Sub-Saharan Africa

Consumer Federation of Kenya fights off claim of bias in mobile money war

Source: Standard Digital

Pressure is mounting on the Consumer Federation of Kenya ( Cofek) to stop opposing the award of licences to Equity Bank and two other Mobile Virtual Network Operators (MVNOs) and support the venture.
Monday, June 30, 2014 — No Region Specified

Two Financial Titans Open Their Vaults to Impact Investing

Source: Student Reporter

Started a few years ago by a small band of pioneers, impact investing has gained traction and is now drawing the attention of large international banks. Large financial institutions such as BNP Paribas and Citigroup, based in Europe and the United States, respectively, are developing various projects in the field of social and sustainable finance.
Monday, June 30, 2014 — Sub-Saharan Africa

'Oscars' for health care innovation is back

Source: Devex

GlaxoSmithKline and Save the Children are reopening their doors for innovative solutions to reduce under-5 child mortality.
Monday, June 30, 2014 — Sub-Saharan Africa

The apparent M-Pesa monopoly may be set to crumble

Source: Fortune

Competition to the M-Pesa is heating up in Kenya, the world’s most advanced mobile payments market.
Monday, June 30, 2014 — South Asia

Online facility for Diaspora doctors to serve in India opened by Health Minister

Source: India Education Diary

Report by India Education bureau, New Delhi: The Prime Minister Shri Narendra Modi in a speech which was read out by the Health Minister Dr Harsh Vardhan last night to a gathering of US-based Indian medical professionals said that the aim of his government is to bring about a “complete transformation” of the health sector through research, innovation and the latest technology.
Monday, June 30, 2014 — Sub-Saharan Africa

GSMA announces mHealth partnership across Sub-Saharan Africa

Source: IT News Africa

The GSMA has announced that its Mobile for Development mHealth programme has launched a new cross-ecosystem partnership designed to provide a range of mHealth services to women and children, with a particular focus on nutrition, across Sub-Saharan Africa.
Monday, June 30, 2014 — No Region Specified

4 Ways to Supercharge Your Social Enterprise Through Accountability

Source: Forbes

The social enterprise sector is hot—it may be worth well over $500 billion in the US alone. But if social business is to solve many of the world’s most pressing problems, we have to make sure it has both internal and external accountability systems in place to do so.
Monday, June 30, 2014 — Sub-Saharan Africa

Nigeria’s Microfinance Banks Ready To Go Cashless

Source: The Nigerian Observer

Abuja - The National Association of Micro Finance Banks (NAMFB), has expressed readiness of its members to key into Federal Government’s cashless policy.
Monday, June 30, 2014 — No Region Specified

Int’l Telecoms, Gates Foundation To Connect 2.5bn Adults To Mobile Money

Source: Leadership

The International Telecommunications Union (ITU) has joined hands with the Bill & Melinda Gates Foundation to connect over 2.5 billion adults who do not have access to a formal bank account, most of them in developing economies, by delivering digital financial services capable of improving the delivery of basic financial services.
Monday, June 30, 2014 — No Region Specified

Impact investing on the cusp of mainstream wealth management

Source: Investment News

The news releases arrived in noteworthy succession throughout 2013. Morgan Stanley,UBS AG, The Goldman Sachs Group Inc., and JPMorgan Chase & Co. — some of the biggest names in the financial services industry — announced plans to establish or augment their activities around impact investing.
Friday, June 27, 2014 — Sub-Saharan Africa

WHO urges 'drastic action' on Ebola, calls 11-nation meeting

Source: Yahoo! News

Geneva (AFP) - The World Health Organization on Thursday called for "drastic action" to fight the deadliest Ebola outbreak on record, as it announced an 11-nation meeting to address the growing crisis.
Friday, June 27, 2014 — No Region Specified

A New Pursuit For Social Entrepreneurship: Profits

Source: Forbes

John Schoch, CEO of Profile Products — a $70 million company that manufactures and distributes products for soil and water management in 90 countries — decided four years ago to direct his company’s expertise to a global crisis: clean water.
Friday, June 27, 2014 — No Region Specified

A New Pursuit For Social Entrepreneurship: Profits

Source: Forbes

John Schoch, CEO of Profile Products — a $70 million company that manufactures and distributes products for soil and water management in 90 countries — decided four years ago to direct his company’s expertise to a global crisis: clean water.
Friday, June 27, 2014 — South Asia

iDE Cambodia hits 100,000 toilet sales in 2 years

Source: Sanitation Updates

iDE Cambodia has facilitated the sale of 100,000 Easy Latrines in two years through sanitation marketing, reaching an estimated 470,000 people, according to a June 14 press release.
Friday, June 27, 2014 — Sub-Saharan Africa

South Africa: MTN, Pick N Pay in Mobile Money Partnership

Source: allAfrica

Johannesburg — MTN and Pick n Pay have partnered for a free money transfer service that is poised to empower millions of South Africans excluded from the banking system.
Friday, June 27, 2014 — No Region Specified

Wealthy support greater effort to promote social equality

Source: Benefits Pro

Ninety percent of wealthy individuals say they would be willing to pay higher taxes, support more job creation and greater educational opportunities in an effort to promote more income equality, according to a new survey by US Trust.
Friday, June 27, 2014 — South Asia

Reserve Bank of India testing mobile-based payments system linked to Aadhaar national ID platform

Source: Business Standard

Despite uncertainty surrounding Aadhar's future, RBI is testing a mobile-based payments system linked to this platform
Friday, June 27, 2014 — No Region Specified

Echoing Green Announces The Next Generation Of Social Entrepreneurs

Source: PR Newswire

Today Echoing Green announced its 2014 class of Fellows including Global, Black Male Achievement and Climate Fellows.
Friday, June 27, 2014 — No Region Specified

Reuters: Sanofi plans to put dengue program into separate unit

Source: Fierce Markets

Sanofi ($SNY) has been working on a vaccine to protect against the mosquito-borne dengue virus for 20 years, and now it may be breaking that program off into a distinct unit.
Friday, June 27, 2014 — No Region Specified

World Cup Soccer & Social Enterprise: A Hybrid Financing Model

Source: Real Leaders

The potential of hybrid financing strategies to accelerate the growth of the social business sector was one of the topics at the fourth edition of the Impact Economy Symposium & Retreat in Switzerland on June 13-15, 2014.
Friday, June 27, 2014 — South Asia

British Medical Journal article on graft in Indian healthcare creates stir

Source: Financial Express

A British Medical Journal (BMJ) article on corruption in Indian healthcare is creating a flutter in the medical community and policy experts. Written by Australian medical practitioner Dr David Berger who volunteered as a physician at a charitable hospital in the Himalayas, the article titled “Corruption ruins the doctor-patient relationship in India” highlights how “kickbacks and bribes oil every part of the healthcare machinery” and says there is a “lack of the will to reform these practices”.
Friday, June 27, 2014 — No Region Specified

International Telecommunication Union sets up mobile money focus group

Source: HumanIPO

The International Telecommunication Union (ITU) has established a focus group on mobile money, setting its sights on global financial inclusion.
Friday, June 27, 2014 — No Region Specified

Inheritance-Rich Millennials Are Primed to Become Impact Investing’s Most Ardent Supporters

Source: Student Reporter

Millennials stand to inherit $30 trillion (U.S.) in assets over the next three decades. Understandably, investors, and the rest of the world, have a major interest in how these young people will choose to invest their inheritances.
Thursday, June 26, 2014 — No Region Specified

Is Warby Parker Too Good to Last?

Source: Wired

The first thing to know is that I’m wearing a pair of Warby Parker glasses as I write this. My bias is as plain as the frames on my face. I like the company I’m writing about.
Thursday, June 26, 2014 — No Region Specified

A New Malnutrition Vaccine for the World's Poor

Source: Huffington Post

When we think about the world's most pressing global health issues, usually diseases or conditions such as HIV/AIDS, malaria or influenza come to mind.
Thursday, June 26, 2014 — No Region Specified

Nigeria: India and Healthcare Delivery in Nigeria

Source: AllAfrica

Quality and affordable healthcare delivery is one challenge that Nigeria still battles with. While government at various levels have carried out reforms at one time or the other in the healthcare system, the fact remains that most of the Nigerian hospitals still lack infrastructure of international standard.
Thursday, June 26, 2014 — No Region Specified

How the US government can help spur impact investing

Source: Devex

The field of impact investing is expanding, but key barriers could still be removed and incentives put in place by the U.S. government to boost growth and promote best practices, according to a new report released on Wednesday.
Thursday, June 26, 2014 — South Asia

India’s microfinance sector set to rebound, says rating agency

Source: Moneylife

Crisil says, loan portfolios of microfinance companies to grow at a compounded annual rate of 35%, to touch Rs450 billion by March 2016
Thursday, June 26, 2014 — Asia Pacific

Asia's social stock exchange poised to list first Retail Impact Bond

Source: The Guardian

The time is ripe to launch a retail impact bond in Asia, says former Wall Street investment banker Durreen Shahnaz
Thursday, June 26, 2014 — No Region Specified

As the World Bank Turns

Source: Huffington Post

Something exciting, almost revolutionary, is happening at one of the most conservative of the world's international institutions. The World Bank, which for decades has been criticized has overly focused on the construction of dams and other infrastructures as the cure for poverty, is turning its focus to the real engine of economic progress in the developing world: girls and women.
Thursday, June 26, 2014 — No Region Specified

The Impact Generation Has Arrived

Source: Forbes

Imagine for a minute that you can invest in one of two companies:
Thursday, June 26, 2014 — South Asia

Why USAID is shifting maternal health funds toward Africa, Asia

Source: The Christian Science Monitor

ADDIS ABABA, ETHIOPIA — The US Agency for International Development announced today that 26 countries have done so well at achieving maternal and child health goals that they’re now on their own. Their funding will instead go to 24 countries where mothers and children are still dying at alarming rates.
Thursday, June 26, 2014 — South Asia

Google announces ‘Android One’ standard for affordable devices, arriving first in India at under $100

Source: The Next Web

Google has revealed a new program called Android One which will specify a set of hardware and software guidelines for device makers to adhere to if they wish to attain official ‘Android One’ status.
Wednesday, June 25, 2014 — South Asia

Big tobacco snubs health warning law in Indonesia

Source: Yahoo! News

Tobacco companies have largely snubbed an Indonesian law requiring them to put graphic health warnings on all cigarette packs, another setback for anti-smoking efforts in a country that's home to the world's highest rate of male smokers and a wild, wild west of advertising.
Wednesday, June 25, 2014 — Sub-Saharan Africa

Tackling healthcare challenges through digital innovations

Source: Hispanic Business

It is business as usual at the Comprehensive Care Centre (CCC) at Kenyatta National Hospital in Nairobi. Patients move in and out of different rooms as medical specialists address various concerns.
Wednesday, June 25, 2014 — South Asia

The Slumdog Millionaire Architect

Source: The New York Times

The offices of Hafeez Contractor, India’s most commercially successful architect, are on Bank Street, just around the corner from the Mumbai Stock Exchange.
Wednesday, June 25, 2014 — South Asia

Inaugural CAMTech India 'Jugaad-a-thon' launched

Source: India Blooms

Kolkata, June 24 (IBNS): CAMTech India, a new United States Agency for International Development (USAID/India) funded public-private partnership to accelerate medical technology innovation for reproductive, maternal, newborn and child health (RMNCH) in India, announced its first medical technology hack-a-thon in Bangalore on July 18-20.
Wednesday, June 25, 2014 — No Region Specified

Ours To Own Denver Campaign Launches at Clinton Global Initiative America

Source: PRWeb

Calvert Foundation and local partners announce the Ours To Own campaign, enabling Metro Denver residents to invest in their city.
Wednesday, June 25, 2014 — No Region Specified

PRESS RELEASE: Citi, OPIC and ACBA Credit Agricole Bank Support the Growth of the Microfinance Sector in Armenia

Source: 3BL Media

New York, NY, June 24, 2014 /3BL Media/ – Citi and the Overseas Private Investment Corporation (“OPIC”) today announced a $10 million lending facility, using their existing framework partnership, to support the growth of ACBA Credit Agricole Bank’s agribusiness microfinance portfolio in the Republic of Armenia.
Wednesday, June 25, 2014 — No Region Specified

Honoring mHealth's young talent

Source: mHealth News

Two young entrepreneurs are receiving international recognition for mHealth products that aim to improve healthcare delivery in Third World countries.
Wednesday, June 25, 2014 — No Region Specified

Impact Investing: $1.5 Billion in Commitments and a New Resource for Policymakers

Source: Huffington Post Impact

It's a great week for impact investing. At the White House roundtable on impact investing today, corporations, banks, foundations, and individuals including Prudential, Capricorn Investment Group and the Omidiyar Network committed to invest more than $1.5 billion in new capital into companies and funds that strive to generate positive financial and social returns. US government agencies, including the Small Business Administration, USAID and Treasury, also announced programs to support impact investments and social enterprises.
Wednesday, June 25, 2014 — No Region Specified

MTN offers Mobile Money Visa in South Africa

Source: ITWeb

MTN SA has launched a Visa card for Mobile Money users in SA.
Tuesday, June 24, 2014 — No Region Specified

Want To 'Scale' Social Impact? Then Give Away Your Trade Secrets

Source: Forbes

If the ecosystem of social change were an orchestra, social enterprise would be an amped-up brass section drowning out all the other instruments and any semblance of nuance.
Tuesday, June 24, 2014 — South Asia

India likely to extend price caps to more drugs-sources

Source: Reuters

(Reuters) - India is likely to raise the number of drugs deemed essential and therefore subject to price caps to improve affordability, said people directly involved in the process.
Tuesday, June 24, 2014 — No Region Specified

Radio Station Reaches Remote Areas Through Cell Phones

Source: PSFK

Unilever in India launches a marketing initiative that provides entertainment and ads in areas unreachable by other media.
Tuesday, June 24, 2014 — South Asia

Save the Children and Ikea tie up to prevent child labour in Punjab, Haryana, Rajasthan

Source: Business Standard

The programme is aimed at protecting 790,000 children living in cotton communities in these states
Tuesday, June 24, 2014 — Sub-Saharan Africa

Serenus Biotherapeutics sees large potential market in Africa

Source: SFGate

San Francisco's newest pharmaceutical company is staking its future on a distant continent: Africa.
Tuesday, June 24, 2014 — Sub-Saharan Africa

BitPesa set to launch in Nairobi

Source: HumanIPO

Kenyan startup BitPesa is set to formally launch in Nairobi next week, bidding to bring down the high transaction fees associated with international money remittance companies by taking advantage of the digital, borderless currency Bitcoin.
Tuesday, June 24, 2014 — No Region Specified

OPINION: Equity crowdfunding in U.S. is a disaster waiting to happen

Source: Slate

Equity crowdfunding was supposed to be an economic boon. Instead it’s a disaster waiting to happen.
Tuesday, June 24, 2014 — No Region Specified

Forget Bitcoin: There’s A Better Model For Mobile Money

Source: ReadWrite

It's called M-Pesa, and it's also spreading around the world.
Tuesday, June 24, 2014 — No Region Specified

PRESS RELEASE: “Project Last Mile” Expands to Improve Availability of Life-Saving Medicines in Additional Regions of Africa

Source: Market Watch

The Coca-Cola Company, USAID, the Global Fund, and the Bill & Melinda Gates Foundation invest more than $21M USD to expand initiative to 10 countries
Tuesday, June 24, 2014 — No Region Specified

Why mobile money has failed to take off in India

Source: Quartz

As we report this week, in much of the developing world, mobile money is evolving.Initially just a means of making payments, it’s now becoming a platform for an entire financial-services industry.
Monday, June 23, 2014 — South Asia

Cisco Investments announces $40 million fund for early-stage firms in India

Source: Economic Times India

BANGALORE: Cisco Investments has set aside $40 million (Rs 240.9 crore) to invest in early stage Indian startups focused primarily on three verticals--connected mobility, big data and internet of things.
Monday, June 23, 2014 — Sub-Saharan Africa

High cost of vaccines complicates crisis response in South Sudan

Source: Global Post

Aid group Médecins Sans Frontières says thousands of children have missed critical vaccines because pharmaceutical companies won’t budge on price
Monday, June 23, 2014 — No Region Specified

U.N. Secretary-General Ban Ki-Moon Served in Haiti Cholera Lawsuit

Source: Newsweek

NEW YORK (Reuters) - Lawyers for victims of a cholera epidemic in Haiti said on Friday they have served United Nations Secretary-General Ban Ki-moon with a complaint in New York as part of a federal lawsuit seeking compensation for the outbreak, which they blame on U.N. peacekeepers.
Monday, June 23, 2014 — No Region Specified

Foreign Aid Isn't Charity. It's an Investment

Source: Business Week

One of the few bright spots of bipartisanship on Capitol Hill of late has been in global development. The House recently passed a bill to support President Clinton’s Power Africa initiative, which is designed to boost access to electricity across six countries in the region. Both houses also managed to reauthorize PEPFAR—the President’s Emergency Fund for AIDS Relief— which provides antiretrovirals toalmost 7 million people worldwide.
Monday, June 23, 2014 — No Region Specified

Citizen Sensors Make India's Complicated Water System A Little Easier To Navigate

Source: Fast CoExist

With the help of simple mobile phone technology, a nonprofit called NextDrop is improving access to water for poor families.
Monday, June 23, 2014 — No Region Specified

Cleantech in the developing world: from solar power to refrigeration

Source: The Guardian

For a growing number of companies, cleantech promises innovations and opportunities at the base of the pyramid
Monday, June 23, 2014 — No Region Specified

Are World Cup viewers receiving a message that could make them sick?

Source: Irish Examiner

The World Cup has a profound social impact, including on global health, according to Kent Buse and Sarah Hawkes
Friday, June 20, 2014 — No Region Specified

World Bank gives $1.4 mn in grants to 12 social enterprises in the Northeast

Source: Business Today

The World Bank's Development Marketplace, a competitive grants programme, has given grants worth $1.4 million (about Rs 8.4 crore) to 12 social enterprises in the northeastern states of Assam, Meghalaya and Mizoram for development activities.
Friday, June 20, 2014 — No Region Specified

Growing ranks of high net-worths committed to social investment

Source: Blue&GreenTomorrow

The number of high net-worth individuals (HNWI), those that have $1 million (£0.6m) or more of investable assets, has grown worldwide by 15% in the last year and the overwhelming majority are seeking to use their money to have a positive social impact.
Friday, June 20, 2014 — No Region Specified

Myanmar: Adjusting for growth in the financial sector

Source: Oxford Business Group

Authorities in Myanmar are determined to foster economic progress and have placed financial inclusion on their list of priorities.
Friday, June 20, 2014 — Sub-Saharan Africa

‘Mobile money, Bitcoin driving down African remittance costs’

Source: ITWeb Africa

Mobile money and digital currencies are being used to boost remittances into Africa and drive down the cost of sending money to the continent, experts said on Wednesday.
Friday, June 20, 2014 — No Region Specified

Singapore Billionaire Bets Big on Energy in Africa, Asia

Source: Business Week

In September 2007, almost a year after New Zealand–born billionaire Richard Chandler founded investment firm Orient Global in Singapore, he made a rare appearance at a forum on social responsibility.
Friday, June 20, 2014 — No Region Specified

The U.N. Has Been Undercounting the World's Poor—by 400 Million

Source: The Atlantic

Good news: Economists at Oxford have come up with a better method for measuring global poverty. Bad news: There are way more poor people than previously thought.
Friday, June 20, 2014 — No Region Specified

USAID, Keurig Green Mountain, Cooperative Coffees, Starbucks and Root Capital Launch $23 Million Fund to Fight Coffee Rust

Source: Root Capital blog

The U.S. Agency for International Development (USAID), in partnership with Keurig Green Mountain, Inc., Cooperative Coffees, Starbucks and Root Capital, today launched the Coffee Farmer Resilience Fund to leverage $23 million in financial assistance for more than 40,000 coffee farmers combatting the devastating coffee rust outbreak in Latin America and the Caribbean. Since 2012, coffee rust has affected more than two million people in Latin America, causing an estimated $1 billion in economic damages which could lead to 500,000 job losses.
Friday, June 20, 2014 — No Region Specified

Rwanda: Tigo, UN Agency Sign Rwf3.5 Billion Deal to Support ICT Developers

Source: AllAfrica

Tigo and One UN Rwanda have signed a multi-million four-year agreement aimed at promoting youth and women employment through Information Communication Technologies (ICTs).
Friday, June 20, 2014 — No Region Specified

'Firms should create CSR strategies in sync with their corporate character'

Source: Economic Times India

When Harvard Business School's V Kasturi Rangan conducted a seminar on managing corporate social responsibility in Mumbai two years ago, all of the city's top industrialists were in attendance.
Friday, June 20, 2014 — No Region Specified

Woori to buy Cambodian microfinance institution

Source: Korea Herald

Woori Bank has decided to acquire Cambodia’s microfinance institution Malis Finance for 5 billion won ($4.9 million) to accelerate its global expansion.
Thursday, June 19, 2014 — No Region Specified

World Bank Group offers $1.4m to 12 social enterprises in North-East

Source: The Hindu Business Line

The World Bank Group will give $1.4 million to 12 social enterprises in the North-East, working on access to affordable healthcare services, education, water and sanitation services.
Thursday, June 19, 2014 — No Region Specified

Staying safe in conflict zones: advice from women social entrepreneurs

Source: The Guardian

Ashoka fellows leading social change in troubled areas talk about how they protect themselves and stay strong for their team
Thursday, June 19, 2014 — No Region Specified

Nurturing Startups Trying To Reduce Pollution From Plastic

Source: Forbes

The problem of plastic pollution is so vast, it deserves a business accelerator for startups focused only on reducing all that waste. Now there is one.
Thursday, June 19, 2014 — No Region Specified

Infuse Ventures, Intellecap Impact Investment Network invest Rs 3 crore in solar startup Surya Power

Source: The Economic Times

MUMBAI: Intellecap Impact Investment Network (I3N) andInfuse Ventures have invested $500,000, or Rs 3 crore, in Coimbatore-based solar-agriculture startup Surya PowerMagic.
Thursday, June 19, 2014 — No Region Specified

GATES FOUNDATION FUNDS BAY AREA RESEARCHERS

Source: abc 7 News

Researchers in the Bay Area are joining in an innovative campaign to treat diseases and health threats that impact millions of people, but are often overlooked. And their solutions involve thinking outside the box.
Thursday, June 19, 2014 — Latin America

OPINION: Latin America's Silicon Valley: That would be Colombia

Source: Mercury News

Today, nearly half of the world lives in poverty, including nearly a quarter of Californians. The United States, like every nation, grapples with the challenge of income inequality. Colombia is no different.
Thursday, June 19, 2014 — No Region Specified

Joining Forces for Impact Investing and ESG at TBLI CONFERENCE USA 2014.

Source: Press Release

Amsterdam, 19 June 2014 TBLI CONFERENCETM, dedicated to building a community of ESG (Environmental, Social and Governance) and impact investors, held its second USA conference on 29 and 30 May in New York.
Thursday, June 19, 2014 — No Region Specified

Xpress Money Joins Hands with Safaricom to Boost Mobile Remittances in Kenya

Source: Market Watch

Xpress Money, the world's most dependable money transfer brand, today announced its tie up with Safaricom to offer money transfer services on the latter's popular M-PESA platform in Kenya.
Thursday, June 19, 2014 — No Region Specified

How to manage all your financial affairs from a $20 mobile phone

Source: Quartz

“I feel like a caveman who’s just been handed a Bic lighter,” reported Charles Graeber, a writer for Bloomberg Businessweek who recently went to Nairobi to check out M-Pesa, Kenya’s dominant mobile-money provider.
Thursday, June 19, 2014 — Sub-Saharan Africa

Nigeria: Stakeholders Raise Concern Over Slow Adoption of Mobile Money

Source: AllAfrica

Stakeholders at the ongoing Card, ATM and Mobile Expo, which opened in Lagos on Tuesday, have raised concern over the slow adoption of the mobile money payment system in the country.
Thursday, June 19, 2014 — No Region Specified

Tackling the ebola epidemic in west Africa: why we need a holistic approach

Source: The Guardian

Immediate medical action is not enough to manage the disease. We need cross-sector collaboration and integrated research
Thursday, June 19, 2014 — No Region Specified

We're Inventing a New Way to Diagnose Diabetes in the Poorest Parts of the World

Source: Huffington Post

Imagine a disease that cripples and blinds the infected after a few short years. A disease that affects mostly young adults and has no affordable treatment available. This disease is a reality for urban slum citizens, in the form of type-2 diabetes mellitus.
Wednesday, June 18, 2014 — Sub-Saharan Africa

Invested Development Invests in iProcure to Improve Access to Farming Inputs in Kenya

Source: Press Release

Invested Development (ID), an early stage impact investment fund manager, has invested in iProcure, a technology startup serving the needs of the agricultural ecosystem in Kenya. iProcure provides software to enhance sales and inventory management in rural and peri-urban agriculture markets. As a result, farmers can access high-quality farming inputs and equipment conveniently and affordably.
Wednesday, June 18, 2014 — No Region Specified

Bank of Ghana backs down on microfinance freeze

Source: Ghana Web

The Bank of Ghana says it has abandoned its initial plans to suspend the issuance of new operating licences to microfinance companies.
Wednesday, June 18, 2014 — No Region Specified

Why the Michael and Susan Dell Foundation is Investing in This Indian Lender

Source: Inside Philanthropy

This spring, the Michael & Susan Dell Foundation invested $500,000 in IntelleGrow, an Indian company that provides customized debt finance to small and growing businesses in India to support small- and medium-enterprise (SME) startups.
Wednesday, June 18, 2014 — No Region Specified

Competition takes toll on mobile money agents’ profits

Source: Standard Digital

NAIROBI, KENYA: The huge number of mobile money agents may have played a significant role in growing the mobile money in Kenya but the sheer numbers are also the reason the local agents are making less than their counterparts in the East Africa region.
Wednesday, June 18, 2014 — No Region Specified

MIT D-Lab to launch industry collaboration this fall

Source: MIT News

The "Practical Impact Alliance" will connect corporations, academic institutions, social ventures, and nongovernmental organizations to scale poverty solutions worldwide.
Wednesday, June 18, 2014 — No Region Specified

The fashion brands empowering women in developing countries

Source: The Guardian

From providing jobs for Palestinian refugees in Lebanon to offering business training for emerging artisans in Rwanda, fashion has the power to create positive change
Wednesday, June 18, 2014 — No Region Specified

OPINION: Mobile Money Services - Not Mobile Wallets - Will Lead To Financial Inclusion in India

Source: Light Reading India

Mobile wallet services have been around for quite some time now and have gained considerable traction. However, the broader genre of mobile money services are yet to etch a mark.
Wednesday, June 18, 2014 — No Region Specified

BNP Paribas, Orange Partnership Reaffirms Growing Significance Of Mobile Money In Africa

Source: Ventures Africa

VENTURES AFRICA – UK-based telecom giant, Orange and the French banking group, BNP Paribas have teamed up to roll out mobile money services for Africans, joining the growing pool of mobile money providers and reaffirming the increasing prominence the innovative service is taking in the continent’s financial sector.
Wednesday, June 18, 2014 — South Asia

KKR To Invest $200m In Ethiopian Flower Business

Source: Ventures Africa

VENTURES AFRICA – New-York based global private equity company; KKR & Co. has expressed interest in buying a percentage of leading Ethiopian flower company, Afriflora which grows about 730 million flowers for export yearly.
Wednesday, June 18, 2014 — No Region Specified

Philips introduces ultra sound machine in Kenya to aid pregnant women

Source: Africa Science News

Philips has introduced an innovative mobile ultra sound system (VISIQ) that aims at bringing high quality, affordable healthcare to pregnant mothers in Kenya.
Wednesday, June 18, 2014 — No Region Specified

PRESS RELEASE: Medtronic Launches $17-Million Program To Improve Heart Disease, Diabetes Care For Underserved Populations

Source: 3BL Media

MINNEAPOLIS, June 17, 2014 /3BL Media/ – Medtronic today announced the launch of HealthRise, a five-year, $17-million (USD) Medtronic Philanthropy program that supports community-based demonstration projects specifically designed to expand access to care and management of chronic, non-communicable diseases (NCDs) such as heart disease and diabetes.
Tuesday, June 17, 2014 — No Region Specified

Grameen America Scales Microlending Model Across the U.S. with Launch of Microfinance Training Institute in Queens

Source: Digital Journal

Grameen America, a nonprofit microfinance organization offering microloans, training and support to help women in poverty build small businesses, today announced the launch of the first U.S. Training Institute for microfinance with the support of longstanding partner Capital One.
Tuesday, June 17, 2014 — No Region Specified

Test could ease diagnosis of tuberculosis in children

Source: SciDev.Net

A new genetic test for tuberculosis (TB) could dramatically improve the accuracy of diagnoses of infected children in developing countries, although a simple diagnostic kit could be some way off.
Tuesday, June 17, 2014 — No Region Specified

Dairy training aims to boost Rwanda to health

Source: UC Davis

In Rwanda, the expression “have milk” — “gira amata” — is not part of a milk-mustachioed marketing campaign. It’s a wish for prosperity.
Tuesday, June 17, 2014 — No Region Specified

M-SHWARI LAUNCHES A FIXED DEPOSIT ACCOUNT DUBBED LOCK

Source: Tech Moran

Commercial Bank of Africa (CBA) and Safaricom’s paperless banking service M-shwari has today launched a fixed deposit savings account dubbed “Lock Savings Account”, the first of its kind in the mobile money space aimed at helping Kenyans an opportunity to save for a specific purpose.
Tuesday, June 17, 2014 — No Region Specified

Circumcision by rubber band? Uganda tries it

Source: ioL News

With trousers around his ankles, Justin Igalla awaits a tight rubber band for his foreskin, an innovative non-surgical technique rolling out in several African nations to encourage circumcision and cut HIV infection rates.
Tuesday, June 17, 2014 — No Region Specified

Over 70% of micro enterprises in Nigeria lack insurance protection, group raises alarm

Source: Nigerian Tribune

A civil society organisation, Transparent Protection Limited (TPL), on Monday, in Abuja, raised the alarm that over 70 percent of micro enterprises in the country did not have any form of insurance.
Monday, June 16, 2014 — No Region Specified

Mobile Payment Transactions Hit N271 Billion in Nigeria

Source: This Day Live

In spite of the initial apathy to the mobile payment initiative of the Central Bank of Nigeria (CBN), there are indications that the policy is gaining traction as the total value of mobile payments in the country amounted to N271 billion for 25 million transactions as at end of May.
Monday, June 16, 2014 — No Region Specified

Reserve Bank of India’s relaxation of know-your-customer norms to boost financial inclusion

Source: Business Standard

Bankers and industry experts believe that this will not only bring migrant workers but also students and people with a transferable job in the banking fold
Monday, June 16, 2014 — No Region Specified

Citi celebrates small successes with microentrepreneurship awards

Source: The Daily Star

Six microentrepreneurs, two lenders awarded
Monday, June 16, 2014 — No Region Specified

Solar Crowdfunding Platform SunFunder Join’s Power Africa’s Beyond the Grid

Source: Crowdfund Insider

The US Government, under the aegis of the Obama administration, has formally launched Power Africa to increase energy access to those in need in sub-Saharan Africa. SunFunder is one of the founding partners of the initiative and joins an august group that includes another solar crowdfunding platform Mosaic.
Monday, June 16, 2014 — No Region Specified

Vaccine against dengue close

Source: The Standard

The first anti-dengue vaccine is expected to be licensed by major regulatory agencies from the end of next year, health experts from ASEAN countries have been told.
Monday, June 16, 2014 — No Region Specified

Life-saving bananas undergo human trials

Source: 9News

It's the genetically modified fruit from Australia that could turn East African nations into life-saving banana republics.
Monday, June 16, 2014 — No Region Specified

Unbanked and cashless: why mobile wallets like M-Pesa are focusing on eastern Europe

Source: DW

Banks in Europe are rolling out mobile wallets and peer-to-peer payment apps originally developed for Africa in a bid to offer banking services to millions of eastern Europeans who are "unbanked."
Monday, June 16, 2014 — No Region Specified

Health impacts of planetary change, swelling cities: New assignment for UN think tank in Malaysia

Source: EurekAlert!

United Nations University will help pioneer a fresh trail in global health research, exploring links between the planet's health and human health at an institute in Kuala Lumpur generously supported by Malaysia.
Friday, June 13, 2014 — No Region Specified

Mobile Money Revolution Rises Cyber Security Risk In Africa

Source: AFK Insider

Africa is celebrated as the birth place of mobile money revolution, piloting the initiative that has seen more people come into the financial fold in many countries in the region and front running developed nations with much advanced form of financial inclusion.
Friday, June 13, 2014 — No Region Specified

Vatican Conference examines how impact investing can serve the poor

Source: Vatican Radio

(Vatican Radio) A two-day symposium in the Vatican this week is examining “impact” investing and how it can serve the poor. Entitled “Investing for the Poor”, the conference (from June 16-17) is being jointly sponsored by the Pontifical Council of Justice and Peace, Catholic Relief Services and the Mendoza College of Business from the University of Notre Dame.
Friday, June 13, 2014 — No Region Specified

Mobile money remittances for Zimbabwean expats

Source: ITWeb Africa

Expat Zimbabweans now have an alternative remittance service thanks to Econet Wireless partnering with cash transfer firm WorldRemit on a mobile money offering.
Friday, June 13, 2014 — No Region Specified

Tide turns for Belu as ethical water goes global

Source: The Telegraph

Belu boss Karen Lynch has taken the social enterprise from losses of £1.9m to a fast-growing brand, which generates over £500,000 for WaterAid
Friday, June 13, 2014 — No Region Specified

“Big Push” Global Health Model for Reducing Maternal Mortality Has Broad Healthcare Systems Benefits

Source: Health Canal

Researchers at Columbia University’s Mailman School of Public Health evaluated the first year of the Saving Mothers, Giving Life program, a global public-private partnership founded by the U.S. and Norway, Merck for Mothers, Every Mother Counts, and the American College of Obstetricians and Gynecologists.
Friday, June 13, 2014 — No Region Specified

Want a PPP partner? Provide incentives, make 'money' business case

Source: Devex

The role of business in addressing development challenges is growing, and changing — but how do you get a particular company to say “yes” to a public-private partnership?
Friday, June 13, 2014 — No Region Specified

Cash transfers in Africa

Source: The Economist

Bitcoin for the poor
Friday, June 13, 2014 — No Region Specified

Soon, Indians won't need smartphones for mobile money transfers

Source: Business Standard

FM might next month launch mobile banking services for people not using smartphones, the move aims at pushing financial inclusion in India
Thursday, June 12, 2014 — No Region Specified

OPINION: What Can Social Entrepreneurs Do for the Future of Indonesia?

Source: The Jakarta Globe

With the upcoming election the question of who we prefer to lead the country has become one of the most discussed topics in Indonesia. But putting aside political debate that we are being exposed to these days, it will be a lot more enlightening to evaluate another type of leader that may profoundly change Indonesia in the future.
Thursday, June 12, 2014 — No Region Specified

In Somalia, a wives’ tale delays measles treatment

Source: The Washington Post

MOGADISHU, Somalia — Hawa Nor carried her visibly weakened son into the hospital’s isolation ward. Like many sick children here, the 7-year-old boy is likely a victim of an old Somali wives’ tale: A child with measles should be kept inside, and away from the doctor, for a week.
Thursday, June 12, 2014 — No Region Specified

D-Lab Scale-Ups awards $60,000 to three MIT social entrepreneurs

Source: MIT News

Sidhant Pai, Zehra Ali, and Matthew Orosz to receive funding and mentorship over 12-month fellowship.
Thursday, June 12, 2014 — No Region Specified

GSK and Save the Children UK's 'joint venture'

Source: Devex

It started with a challenge.
Thursday, June 12, 2014 — Sub-Saharan Africa

Social entrepreneur uses innovation to push economic growth

Source: News Day

Social entrepreneur Irene Chikumbo is using technological innovation to accelerate economic growth and social development in Zimbabwe.
Thursday, June 12, 2014 — No Region Specified

It’s not a new model, but if it’s going to eliminate cholera in Haiti, Faith Wallace-Gadsden is going to give it a try.

Source: Social Enterprise Buzz

It’s not a new model, but if it’s going to eliminate cholera in Haiti, Faith Wallace-Gadsden is going to give it a try.
Thursday, June 12, 2014 — No Region Specified

MFIs tapping capital market not a good idea: Yunus

Source: Business Standard

The Nobel laureate recommended granting MFIs special micro-credit banking licences to accept deposits
Thursday, June 12, 2014 — No Region Specified

World Bank, Firstmonie partner to advance mobile money in Nigeria

Source: HumanIPO

The World Bank through its subsidiary the International Finance Corporation (IFC) has announced a partnership with First Bank of Nigeria’s Firstmonie to advance mobile money services in Nigeria.
Thursday, June 12, 2014 — No Region Specified

Who Wants to Be a Trillionaire?

Source: Huffington Post

Imagine what the world would look like if impact investing had the same mainstream acceptance as value investing?
Thursday, June 12, 2014 — No Region Specified

This Credit Union in Disguise Is Helping Poor Latino Communities

Source: National Journal

Low-income Latinos often rely on predatory payday loans and high-priced check-cashing services. Savings accounts can change that.
Thursday, June 12, 2014 — No Region Specified

OPINION: Consumers Federation of Kenya’s fight with Equity Bank is bad for business

Source: Standard Digital

Kenya: When the Consumers Federation of Kenya (Cofek) went to court seeking orders to cancel the Mobile Virtual Network Operator (MVNO) licence issued to Equity Bank through its subsidiary for mobile services, Finserve Africa Limited, it seemed the idea was about more than getting justice for the consumer.
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