NewsFeedNewsFeed

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 31, 2015 — Sub-Saharan Africa

GlaxoSmithKline Sees Staged Roll-Out of Malaria Vaccine

Source: Reuters

The world's first malaria vaccine, which won a green light last week from European drugs regulators, will be rolled out gradually in Africa, its maker said on Wednesday.
Friday, July 31, 2015 — No Region Specified

The New Market Builders for Health Innovation

Source: Devex

We often criticize the fragmentation of global development into isolated silos: education, governance, agriculture, environment, humanitarian assistance, economic growth. Even within the silos, there are silos.
Friday, July 31, 2015 — Sub-Saharan Africa

Healthcare Start-Up Connects Rural Patients With Global Network of Specialists

Source: How We Made It In Africa

The diagnosis of a serious illness takes heavy emotional and financial toll on the sick and their families. Patients also have to make tough decisions on the choice of medical care. In many African countries, access to second opinion consultations can be challenging since most have a shortage of specialist doctors. And often the few available specialists are stationed in cities hence rural patients must travel long distances.
Friday, July 31, 2015 — No Region Specified

Patent Protection for Drugs Puts Pressure on U.S. in Trade Talks

Source: The New York Times

With 12 nations pressing to conclude the largest regional trade accord ever, United States officials find themselves squeezed between activists pressing to secure access to low-cost pharmaceuticals and Republicans who say Congress will reject a deal without strong patent protections for the drug industry.
Thursday, July 30, 2015 — Latin America

This Colombian town is trying to get rid of cash — but it’s not so easy

Source: Fusion

A town of 5,000 is trying to become the first in Latin America to entirely phase out cash and rely solely on digital currency.
Thursday, July 30, 2015 — No Region Specified

How a Condom and a Catheter Are Saving Mothers From Bleeding to Death During Delivery

Source: The Huffington Post

An innovation that costs less than $5, and requires items that could be found in any drug store, could save thousands of mothers’ lives.
Thursday, July 30, 2015 — South Asia

Singapore Fintech Out to Empower Asia’s Unbanked

Source: The Establishment Post

For most of us including Singaporeans, not having access to credit and debit cards is almost unheard of. Beyond the Little Red Dot though, citizens in Asia, Africa, Latin America and the Middle East continue to transact with cash and coins. They are the world’s unbanked who have minimal contact with banks and financial services. Though the unbanked make up about half of the world’s adult populace today, emerging financial technology startups including Singapore fintech startups are amplifying efforts to bring financial inclusion to the unbanked right at their fingertips.
Thursday, July 30, 2015 — Sub-Saharan Africa

Central Bank of Nigeria Sets Aside N252 Billion For Women-owned Businesses

Source: Leadership

According to the CBN , the facility is dedicated to small and medium-scale enterprises (SMEs), and is meant to deepen and increase access to credit and reduce the high cost of funds for women-owned businesses across the country.
Thursday, July 30, 2015 — South Asia

Citibank, MasterCard Launch Digital Wallet for Debit, Credit Card Customers in India

Source: The Hindu Business Line

Citibank India and MasterCard have launched digital wallet Citi MasterPass for both debit and credit card customers to be able to shop online at over 250,000 e-commerce merchants.
Thursday, July 30, 2015 — Sub-Saharan Africa

The Physician "Brain Drain" From Sub-Saharan Africa to the US

Source: Medical Xpress

A recent PLOS One research article, "Monitoring Sub-Saharan African Physician Migration and Recruitment Post-Adoption of the WHO Code of Practice: Temporal and Geographic Patterns in the United States," examined how the migration of physicians from sub-Saharan Africa to the United States for work has led to a dire health worker shortage in the region.
Thursday, July 30, 2015 — Sub-Saharan Africa

President Obama Announces Major Progress Through Feed the Future Initiative

Source: FINCHANNEL.com

On July 28 President Obama announced that Feed the Future, his signature global hunger and food security initiative, is delivering on his promise to reduce hunger and malnutrition through agricultural development. New data demonstrate that, thanks in part to Feed the Future and other U.S. Government efforts, stunting rates have declined in Ethiopia, Ghana, and parts of Kenya by between 9 and 33 percent in recent years, while areas in Uganda have seen a 16 percent drop in poverty.
Thursday, July 30, 2015 — No Region Specified

Crowdfunding Is Impacting the Global Economy

Source: Crowdfund Insider

Innovation means creating something that makes a process or product more efficient. The result can be a price reduction passed on to consumers in the short run, or an increase in the speed at which a business operates. Ultimately, innovation serves as the backbone to overall economic and societal growth and can elevate standards of living. Today, equity crowdfunding is a one of these innovations.
Thursday, July 30, 2015 — No Region Specified

A Paper Microscope That Costs Only 50 cents Can Detect Malaria From Just a Drop of Blood - And It Could Revolutionize Medicine

Source: Business Insider

For a whole lot of people, especially those in developing countries, science - and with it, medicine - isn't readily available to the majority of citizens. But Manu Prakash wants to change that.
Thursday, July 30, 2015 — Sub-Saharan Africa

Microsoft’s CEO Celebrated the Worldwide Launch of Windows 10 in… Nairobi

Source: Quartz

Of all the 190 countries where Microsoft’s Windows 10 operating system launched yesterday, Microsoft CEO Satya Nadella chose to spend the day in Kenya. His visit came just days after the conclusion of the US-sponsored Global Entrepreneurship Summit and a state visit by president Barack Obama, where he hailed technology for “changing the way Africa is doing business.”
Thursday, July 30, 2015 — No Region Specified

Mobile Point of Sale Base Growing Rapidly in Developing Countries

Source: Finextra

Mobile point of sale (mPoS) growth continues as the technology deepens its reach across vertical industries, merchant tiers and geographies.
Wednesday, July 29, 2015 — South Asia

India Showing Improved Consumer Sentiment: Rakesh Kapoor, CEO, Reckitt Benckiser

Source: The Economic Times

Rakesh Kapoor, chief executive at British consumer goods firm Reckitt Benckiser, on Monday said India is showing "improvement in consumer sentiment" even as the maker of Dettol antiseptic liquid and Durex condoms reported better-than-expected performance for the quarter ended June.
Wednesday, July 29, 2015 — No Region Specified

How Anti-Vaxxers Have Scared the Media Away From Covering Vaccine Side Effects

Source: Vox

"It was the most startling side effect I've ever come across." That's how Elizabeth Miller, head of the immunization department at Public Health England, described some recent vaccine research you've probably never heard about: Pandemrix, a shot designed to stave off swine flu, also appears to be causing narcolepsy in some children.
Wednesday, July 29, 2015 — South Asia

Kerala Selects HP India to Provide Digital Healthcare Solution

Source: Kerala IT News

The Department of Health and Family Welfare, Government of Kerala, has selected HP India to create an e-Health IT platform to enable the delivery of a digital healthcare solution and services for Health Care facilities across Kerala. The digital healthcare solution will help healthcare practitioners to improve patient care and focus resources.
Wednesday, July 29, 2015 — Sub-Saharan Africa

Fight Against Tropical Diseases Is Framed As Efficient

Source: The New York Times

In the battle for the billions of dollars spent fighting global diseases, doctors who tackle neglected tropical diseases have labeled their struggle a “best buy.”
Wednesday, July 29, 2015 — Sub-Saharan Africa

Nigeria's Ministry of Health Accuses Okonjo-Iweala of Making Questionable Payment to Global Health NGO

Source: Sahara Reporters

ficials of Nigeria’s Federal Ministry of Health (FMOH) are questioning how former Finance Minister Ngozi Okonjo-Iweala handled payment of the sum of $2.2 million that was the subject of a dispute between the Health Ministry and a global non-governmental organization called the Global Alliance for Vaccine and Immunization (GAVI). Former Nigerian Minister of Finance, Ngozi Okonjo-Iweala
Wednesday, July 29, 2015 — Latin America

Inter-American Development Bank Report Highlights Business Opportunities At Base of the Pyramid in Latin America and Caribbean

Source: Inter-American Development Bank

According to an Inter-American Development Bank (IDB) report released today, the base of the pyramid is a $759 billion market offering promising business opportunities to the private sector.
Wednesday, July 29, 2015 — No Region Specified

A New Model of Health Workforce Training

Source: Development Policy Centre

A new model of health workforce training has the potential to be an innovative, cost-effective, catalytic initiative that can build national health systems, empower women and make itself obsolete in a decade.
Wednesday, July 29, 2015 — Sub-Saharan Africa

East Africa Emerges as Global Hub for Impact Investing

Source: The Wall Street Journal

Investments focused on fostering social or environmental goals are playing an increasing role in East Africa, which a new report says is a global center for so-called impact investing.
Wednesday, July 29, 2015 — South Asia

Tencent’s WeBank Finds Sweet Spot in Microloans in China

Source: EJ Insight

Seven months after its launch, Tencent-backed (00700.HK) WeBank is showing off some of its first financial accomplishments that hint at the direction it may take as it carves out a place in China’s banking sector.
Wednesday, July 29, 2015 — South Asia

Islamic banking consistently expanding in Pakistan

Source: Daily Times

Last week, the State Bank of Pakistan granted its first license to a micro-finance bank and brought it into the Islamic mode.
Wednesday, July 29, 2015 — No Region Specified

Wall Street not giving up on U.S. social impact bonds

Source: Reuters

Wall Street firms like Deutsche Bank , Santander Bank and Bank of America are still interested in backing U.S. social impact bonds, despite the failure of the first such initiative.
Wednesday, July 29, 2015 — South Asia

Mutual Funds in India Invest $157M in Secured Debentures of Microfinance Institutions

Source: Press Release

Several mutual funds based in India, including Industrial Credit and Investment Corporation of India (ICICI) Prudential Mutual Fund, Housing Development Finance Corporation (HDFC) Mutual Fund, Kotak Mutual Fund, Reliance Mutual Fund and State Bank of India (SBI) Mutual Fund, recently invested in secured debentures issued by several Indian microfinance institutions (MFIs). The issuers include Equitas Microfinance (Equitas); Janalakshmi Financial Services (JFS); SKS Microfinance (SKS) and Ujjivan Financial Services (Ujjivan). Although the individual transaction amounts are not available, the investments by the mutual funds total approximately INR 10 billion (USD 157 million). The debentures bear coupon rates of 11.5 up to 13 percent, approximately 3 to 4 percent above than highly rated securities issued by other Indian companies. The securities are backed by receivables and fixed assets owned by the MFIs.
Wednesday, July 29, 2015 — No Region Specified

OPINION: We Need to Prove Impact Investing Makes a Difference

Source: The Chronicle of Philanthropy

While measuring impact is complicated, investors, grant makers, and nonprofit organization need to have some way to assess, manage, and communicate their real impact.
Tuesday, July 28, 2015 — Latin America

Social Impact Bonds Are Coming to the Tropics

Source: Huffington Post

Recent developments indicate that Latin America may become a robust new frontier market for social impact bonds, with a rich set of multiple-player ecosystems.
Tuesday, July 28, 2015 — Sub-Saharan Africa

South Africa Is Rebranding Its Condom Campaign: Will It Work This Time?

Source: The Conversation

The South African National Department of Health has launched a new safe sex campaign. Over the next three years it plans to distribute 3 billion scented male condoms, 54 million female condoms and 60 million sachets of lubricant to 4000 sites countrywide. It will cost taxpayers R3.5 billion.
Tuesday, July 28, 2015 — No Region Specified

Chivas Regal's Search for World's Most Promising Social Entrepreneurs Splits $1 Million Prize Among Five Enterprises

Source: CNN

The Venture, Chivas Regal's global search for the world's most promising social entrepreneurs, rewarded all five finalists the remaining share of the $1m fund at the final pitch event on Friday evening. The announcement came after the five finalists pitched the potential of their start-up to create transformative social change to an expert judging panel that included actor and social entrepreneur Adrian Grenier. Algramo from Chile was awarded the largest share of the fund, receiving $300,000 to further develop the pioneering food distribution enterprise.
Tuesday, July 28, 2015 — South Asia

Transactions By Digital Wallets Up Three Times Between February and April

Source: The Economic Times

Digital wallets, which allow consumers to pay for purchases through devices such as mobile phones, are becoming popular, if an almost three-fold surge in the number of such transactions recorded between February and April this year is any indication.
Tuesday, July 28, 2015 — No Region Specified

Is Bitcoin a Powerful New Friend to the World's Poor? Some Funders Hope So

Source: Inside Philanthropy

A recent Gates Foundation grant was a big milestone for the Bitcoin movement.
Tuesday, July 28, 2015 — No Region Specified

South Africa Moves Towards Universal Health Care, While India Stagnates

Source: Scroll.in

South Africa's bold new proposal for universal health coverage in the face of stiff opposition from private health care providers is likely to become a model for providing sustainable health care for much of the developing world. The proposal, called National Health Insurance, or NHI for short, has set off quite a debate within South African society. But health care experts believe it’s the first real step in post-apartheid South Africa towards bringing equity in health care.
Monday, July 27, 2015 — Sub-Saharan Africa

The battle between Africa’s mobile phone companies and banks is a boon for financial inclusion

Source: Quartz

Now banks are not only trying to compete in this space but also offer new products that promise access to banking services to those who up until this point were excluded.
Monday, July 27, 2015 — Sub-Saharan Africa

GE in $14.7M Vows to Build EA Healthcare Skills

Source: East African Business Week

Ahead of the Global Entrepreneurship Summit in Nairobi, announced a series of new commitments aimed at addressing some of the most critical health challenges in East Africa through a sustained focus on skills development and capacity building.
Monday, July 27, 2015 — No Region Specified

PRESS RELEASE: New Alliance Launched to Examine Global Accelerators

Source: GES 2015

$2.3 million committed to improving the effectiveness of accelerator programs through research and analysis.
Monday, July 27, 2015 — Sub-Saharan Africa

AMPION, Merck Launch Africa’s First e-Health Accelerator

Source: Disrupt Africa

African entrepreneurship initiative AMPION and healthcare firm Merck have partnered to launch Africa’s first healthcare accelerator, aimed at fostering the growth of high potential, early-stage e-health startups.
Monday, July 27, 2015 — Sub-Saharan Africa

Startups Grow in Africa, But Ecosystems Need More to Flourish

Source: TechCrunch

Obamania has gripped Kenya as the 44th U.S. president lands in Nairobi, the country’s capital, for a visit. From t-shirts, mugs, and caps with Barack Obama’s name and image to “Obama themed ringtones,” (“Yes we can!”) it will not be hard for the U.S. president to find entrepreneurs in Kenya.
Monday, July 27, 2015 — South Asia

Grameen Koota Reaches Milestone With 1 Million Microfinance Customers

Source: Business Wire

Bangalore-based NBFC –MFI, Grameen Koota Financial Services Pvt Ltd (Grameen Koota) has reached a new milestone of 1 million microfinance customers, in a testimony to its strong client-centric approach aimed at providing holistic financial and social services.
Monday, July 27, 2015 — Sub-Saharan Africa

President Obama a Fan of M-PESA, Kenyan Innovation

Source: All Africa

US President Barack Obama has endorsed Kenya's innovation powerhouse status and regional economic might during the opening of the 6th Global Entrepreneurship summit.
Monday, July 27, 2015 — No Region Specified

PRESS RELEASE: Village Capital Announces World's Largest Peer Selected Venture Capital Fund

Source: MarketWatch

VilCap Investments New Fund Continues Using Peer-Selection Model to Support Entrepreneurs Solving the World's Most Pressing Problems.
Monday, July 27, 2015 — Sub-Saharan Africa

Bitcoin companies move ahead in Africa

Source: PC Advisor

Efforts to get Bitcoin off the ground in Africa received a boost this week as BitX announced it has raised $4 million in funding.
Friday, July 24, 2015 — Sub-Saharan Africa

Africa Makes Leap in Cross-Border Mobile Payments

Source: Wall Street Journal

New partnerships aimed at getting a bigger slice of the $48 billion Africans sent and received last year.
Friday, July 24, 2015 — Sub-Saharan Africa

Meet the Kenyan Startup Trying to Change Bill Gates' Mind on Bitcoin

Source: CoinDesk

Bill Gates has been publicly skeptical about the future of the payment technology in the developing world.
Friday, July 24, 2015 — No Region Specified

FinTech Investments Quadruple: Top Trends to Watch

Source: Forbes

Investments into FinTech startups recently quadrupled, growing from just over $3 billion in 2013 to over $12 billion in 2014. And consider alongside that another trend showing that crowdfunding will surpass VC in 2016 as a funding source–given that crowdfunding itself is a segment of the FinTech market.
Friday, July 24, 2015 — Sub-Saharan Africa

GE to Launch World-Class Healthcare Training Institute in Nairobi

Source: Capital FM

General Electric Company has announced it is at an advanced stage to launch the first-of-its-kind in Africa institute dedicated to training healthcare specialists and technicians. The GE Healthcare Skills and Training Institute will be located in Karen, Nairobi and is set to open its doors to practicing healthcare professionals and graduate students towards the end on 2015.
Friday, July 24, 2015 — No Region Specified

Impact investing could help plug $2.5 trillion funding gap for development

Source: The Guardian

Socially responsible investment can help tackle poverty, hunger and climate change. Can the fragmented industry overcome its barriers to becoming a real force for good?
Friday, July 24, 2015 — South Asia

India's 'Medicine Baba' Gets Drugs From Rich, Gives to Poor

Source: ABC News

Omkarnath spends his days searching New Delhi for drugs. A call to the phone number printed boldly on his saffron-colored tunic reveals his alternate identity: "Hello, I am Medicine Baba."
Friday, July 24, 2015 — Sub-Saharan Africa

Ghana: Bamboo Bike Ambulances for Dawea Community Health Center

Source: allAfrica

The Bright Generation Community Foundation (BGCF), a non-governmental organisation (NGO), has scored a first in its effort to utilise locally available and sustainable materials to manufacture an easier means of transport for the health sector.
Friday, July 24, 2015 — Sub-Saharan Africa

Social Entrepreneurs That Are Changing the Developing World

Source: Business.com

Corporate Social Responsibility is a trend that has been gaining more attention in recent years.
Friday, July 24, 2015 — No Region Specified

World's First Malaria Vaccine Gets Regulatory Go-Ahead, Faces WHO Review

Source: Reuters

The world's first malaria vaccine got a green light on Friday from European drugs regulators who recommended it as safe and effective to use in babies in Africa at risk of the mosquito-borne disease.
Friday, July 24, 2015 — Sub-Saharan Africa

Obama's Top Initiative to Aid Africa Is Now in Jeopardy

Source: The State Newspaper

As President Barack Obama returns to Africa this week, his major initiative to help the continent double access to electricity is in jeopardy, undermined by Congress.
Friday, July 24, 2015 — Sub-Saharan Africa

Viewpoint: As Obama Heads to Africa, An Entrepreneurial Approach to Fighting Disease Takes Root

Source: The Hill

The White House has said that President Obama’s trip to Africa, where he will attend the 2015 Global Entrepreneurship Summit, will focus on accelerating economic growth, strengthening democratic institutions and improving security in African countries. When the president arrives in Kenya he will find that new and innovative approaches to fighting disease on the continent have the potential to invigorate progress in each of those priority areas.
Friday, July 24, 2015 — South Asia

Bangladesh Backs Mobile Phones to Move Cash Among Rural Poor

Source: Bloomberg

Bangladesh, home to the world’s second-largest mobile money company, is moving to consolidate the industry as it expands financial services to the rural poor.
Friday, July 24, 2015 — Sub-Saharan Africa

TechLab Wants to Mentor Africa's 10 Best Financial and Health Tech Companies

Source: htxt

African financial tech and health tech companies can improve their businesses through a new program aimed at providing mentorship to the 10 most innovative companies in those sectors.
Friday, July 24, 2015 — No Region Specified

WHO: Unsafe Injections Major Cause of Hepatitis Death

Source: Voice of America

In advance of World Hepatitis Day (July 28), the World Health Organization is calling for urgent action to curb millions of infections and deaths from viral hepatitis.
Thursday, July 23, 2015 — No Region Specified

Trying to Get the World Unhooked From Hookworm

Source: NPR

This week, Goats and Soda learned of a pretty icky research experiment taking place in our nation's capital. People are becoming infected with hookworm in the name of science, as researchers seek to develop a vaccine.
Thursday, July 23, 2015 — Latin America

Peru Government Installs National Strategy for Financial Inclusion

Source: Peru this Week

As the Peruvian Finance Minister, Alonso Segura, declared last December, social inclusion is “the foundation of Peru’s growth.” To make this possible, they increased the budget for social inclusion programs for the current year by 20%.
Thursday, July 23, 2015 — No Region Specified

Health Specialists Call for $2 Billion Global Fund for Vaccines

Source: Reuters

Global health experts called on Wednesday for the creation of a $2 billion vaccine development fund to feed a pipeline of potential new shots against priority killer diseases like Ebola, MERS and the West Nile virus.
Thursday, July 23, 2015 — Sub-Saharan Africa

Mobile Money: 4 Services Tackling Wealth Inequality in Africa

Source: Wired

While mobile money services are available in 89 countries globally, nowhere are they having more of an impact than in Africa, where 12 percent of adults have mobile money accounts, compared with 2 percent worldwide.
Thursday, July 23, 2015 — No Region Specified

OPINION: Is Too Much Funding Going to Social Entrepreneurs—And Too Little to Social Movements?

Source: Inside Philanthropy

Are social movements more effective at bringing about large-scale change than social entrepreneurs? And if they are, why are so many funders excited about the latter compared to the former?
Thursday, July 23, 2015 — No Region Specified

Will BRICS Bank Challenge the Bretton Woods System?

Source: IPS News

The formal opening of the BRICS Bank in Shanghai on Jul. 21, following the seventh summit of the world’s five leading emerging economies, demonstrates the speed with which an alternative global financial architecture is emerging.
Thursday, July 23, 2015 — No Region Specified

Citigroup Hunts for Fintech Innovators, Will a Bitcoin Firm Succeed?

Source: NEWSBTC

American banking behemoth Citigroup earlier revealed that it has been looking at the Bitcoin’s distributed ledger technology for the last few years, and has developed three blockchains and a test currency calledCiticoin to pass through them in a bid to create a framework parallel to the Bitcoin and the blockchain.
Thursday, July 23, 2015 — No Region Specified

Faith-Based Care Invisible to Health Researchers

Source: Science and Development Network

Christian, Islamic and other faith-based organisations provide extensive healthcare in the world’s poorest places, but are invisible to global health researchers, according to a series of papers published this month in medical journal The Lancet.
Thursday, July 23, 2015 — No Region Specified

Who’s the Next Impact Target After Goldman Sachs Snaps Up Imprint Capital?

Source: Impact Alpha

Goldman Sachs’ move to buy San Francisco-based Imprint Capital has the small community of impact investment asset managers and dealmakers buzzing about who might next be asked to dance by a Wall Street suitor.
Thursday, July 23, 2015 — South Asia

Smartphones Can Improve Health of Poor Urban Women

Source: The Times of India

With a large majority of poor urban women having access to cellphones, the device can be used to improve the health of those at risk of diabetes and other diseases during their childbearing years, says a new study.
Wednesday, July 22, 2015 — Sub-Saharan Africa

Mozido Expands Into Africa With NettCash Acquisition

Source: PYMNTS.com

The Austin-based cloud platform mobile payments and retail engagement solutions provider announced today (July 21) that it acquired majority ownership of Zimbabwe mobile wallet company NettCash, further establishing Mozido’s foothold in Africa.
Wednesday, July 22, 2015 — No Region Specified

Are Pharma Giants Living Up to Big Promises on Development?

Source: The Guardian

he pharmaceutical industry plays a fundamental role in achieving international development targets. This was recognised in the millennium development goals (MDGs), which explicitly mention that providing access to affordable essential drugs in low- and middle-income countries has to be achieved “in cooperation with pharmaceutical companies”. Yet efforts to track progress towards the MDGs have focused mainly on government action rather than corporate contributions.
Wednesday, July 22, 2015 — No Region Specified

Kiva Co-founder on the Future of Microfinance

Source: Inc.

Jessica Jackley has had her hands full since stepping away from Kiva, the peer-to-peer microlender she co-founded in 2005. Between investing in startups through the Collaborative Fund; launching ProFounder, a crowdfunding site for entrepreneurs and small businesses; and consulting with companies to improve their social impact, the popular TED talker has also managed to give birth to three children. And she has a new book, Clay Water Brick: Finding Inspiration From Entrepreneurs Who Do the Most with the Least.
Wednesday, July 22, 2015 — No Region Specified

Viewpoint: “Social Responsibility” in Investments is Open to Interpretation

Source: Casa Grande Dispatch

Harvard psychologist Steven Pinker has a fascinating idea: People get nicer over time.
Wednesday, July 22, 2015 — No Region Specified

Viewpoint: The Emperor Has No (Green) Clothes

Source: WealthManagement.com

A shiny new object is popping up in impact investment portfolios everywhere – behold, the green bond. A corporate or municipal fixed income instrument offering both market returns AND positive environmental impact, green bonds have emerged over the past six months as a significant area of new issuance. Corporations are issuing carve-out bonds whose proceeds go to infrastructure retrofits, while munis are hopping on the green bandwagon with bonds targeting a wide range of applications, from “clean and green” to affordable housing and school construction.
Wednesday, July 22, 2015 — South Asia

Viewpoint: India Must Keep Patent Laws for Manufacture of Cheap Generic Drugs

Source: Hindustan Times

Recently, trade ministers from 10 Asean countries, India, China, Japan, Australia, New Zealand and South Korea gathered to negotiate a deal on the Regional Comprehensive Economic Partnership (RCEP) trade agreement. But, RCEP negotiations on intellectual property (IP) are at a standstill because India and the Asean countries are unwilling to trade away health by adopting IP provisions that go beyond what is required of them under international trade rules.
Wednesday, July 22, 2015 — No Region Specified

10 New Mobile Wallet Remittance Services Launched Throughout Africa and Asia-Pacific

Source: Press Release

HomeSend and Azimo today announced the launch of new mobile wallet services in ten countries throughout Africa and Asia-Pacific – reaching millions of mobile money subscribers. Azimo customers in 20 European countries are now be able to send funds to mobile money accounts of loved ones in Armenia, Burkina Faso, Fiji, Ghana, Indonesia, Kenya, Nepal, Nigeria, the Philippines and Somaliland.
Wednesday, July 22, 2015 — Sub-Saharan Africa

Financing Agribusinesses in Africa: Mobile Money Shows More Viability

Source: Business Day

As a result of mobile money financing schemes, farming businesses, most of which are in rural areas in Africa are able to enjoy agritrade financing in form of loans, subsidies and free inputs facilitated mainly through phones. The main advantage of mobile money financing for agriculture is the elimination of cash handling by other individuals during the transfer of the money from the financing individual/organisation to the farmer or agribusiness operator. This reduces or eliminates corruption, outright theft or violence that could result when individuals have to carry cash around.
Tuesday, July 21, 2015 — No Region Specified

These Early Tesla Investors Are Pouring Millions Into Companies That Could Change the World

Source: Co.Exist

Ten years ago when Nancy Pfund first started making social impact investments, many people were skeptical about the idea of investing both for profit and social benefit. You either made money or you did good, but rarely both. "It was unheard of by most," she says. "There was a very limited set of investors who were prepared to take the plunge."
Tuesday, July 21, 2015 — No Region Specified

Partnerships and Innovation to Defeat Malaria: An Interview With Dr. David Reddy

Source: Development Policy Centre

Dr David Reddy is CEO of Medicines for Malaria Venture (MMV), a product development partnership that works with both the public and private sectors to facilitate the discovery, development and delivery of new antimalarial drugs. Before his public lecture held at the Crawford School (presentation available here), Dr Reddy sat down with Camilla Burkot to talk about MMV’s role in tackling malaria. You can listen to the podcast here and read the full transcript here. For a summary of their discussion, read on.
Tuesday, July 21, 2015 — No Region Specified

Global Funds Make a Beeline for Indian Banks, Finance Firms; $1.46 Billion Investment Made in 6 Months

Source: The Economic Times

Finance and banking firms, big and small, are raising large sums of money from foreign investors jousting for a slice of action in the world's fastest-growing major economy.
Tuesday, July 21, 2015 — Sub-Saharan Africa

Safaricom Launches Internet-Ready Commercial and Residential Addresses Initiative

Source: Biztech Africa

Safaricom has announced that it will be partnering with real estate developers in an initiative that will see the launch of new smart and internet ready addresses in different parts of the country.
Tuesday, July 21, 2015 — No Region Specified

NASA Langley Helps Drone Technology Get Its 'Kitty Hawk Moment'

Source: Daily Press

Tousands of patients at an annual outdoor free clinic in Wise County were treated to a unique sight recently when for the first time medical supplies flew in on an unmanned drone.
Tuesday, July 21, 2015 — No Region Specified

Sanofi Preps for 'Profitable' Dengue Vaccine Rollout in 20 Countries

Source: FiercePharma

With more than $1.5 billion in development costs and 20 years of research on the line, Sanofi ($SNY) is getting revved up to launch its world-first dengue vaccine later this year. And if the company's predictions are correct, the shot will not only be a big deal for patients in the developing world--it'll be a highly profitable product to boot.
Tuesday, July 21, 2015 — No Region Specified

When Impact Investing Stays Local

Source: The New York Times

By the mid-1990s, the Houghton family, whose wealth is derived from the glass and ceramic material manufacturer Corning, was into its sixth generation. Many of the cousins felt they had lost touch and were drifting away from the family.
Tuesday, July 21, 2015 — No Region Specified

The Overlooked Gender Gap: Financial Credit

Source: Quartz

It’s hard to deny the presence of gender gaps. We see evidence of them in education, income, politics, and business. But there is another gender gap that is less often discussed, and has proven to be incredibly important worldwide: the credit gap. The credit gap refers to the fact that women are still much less likely to obtain credit than men, whether from a bank or informal moneylender.
Monday, July 20, 2015 — No Region Specified

Breakthrough Global Agreement Sharply Lowers Price of Early Infant Diagnosis of HIV

Source: Press Release

Global partners in the Diagnostics Access Initiative have joined with Roche Diagnostics to announce a 35% reduction in the price for HIV early infant diagnostic technologies. The new access price is US$ 9.40 per test, including proprietary reagents and consumables associated with diagnosing HIV in very young children. Partners involved in the negotiation of this reduced access price include UNAIDS, the Clinton Health Access Initiative Inc., the United States President’s Emergency Plan for AIDS Relief (PEPFAR), the Global Fund to Fight AIDS, Tuberculosis and Malaria and UNITAID.
Monday, July 20, 2015 — Sub-Saharan Africa

Bridging Gap in the Health Care Sector: AfDB Offers Strategic Analysis on Financing Innovatively With the Private Sector

Source: African Development Bank

“The relevance of private sector role in delivering innovative health care to the poorest people, with the view to achieving global goal,” was underscored at a side event organized today in Addis-Ababa, Ethiopia by the Bill and Melinda Gates Foundation.
Monday, July 20, 2015 — Sub-Saharan Africa

Equity Bank Launches Long-Delayed Mobile Money Platform in Kenya

Source: ITWeb Africa

Kenya's mobile money banking service market will gain a competitor with today's launch of Equitel, a technology platform that ties Equity Bank with mobile phone service provider Airtel to provide the user with a thin SIM technology-based mobile banking and telecommunications service.
Monday, July 20, 2015 — No Region Specified

Mobile Payments Market Set to Deliver 150% Growth in 2015

Source: theCsuite.co.uk

A new report from Juniper Research has found that the number of mobile money transfers is expected to increase by nearly 150% in 2015 to more than 13bn, with several social media firms already seeing a dramatic rise in service usage.
Monday, July 20, 2015 — South Asia

‘Arogya Sakhi’ Tablets Are Revolutionising Indian Rural Healthcare

Source: Networked India

It is common knowledge that health care services in rural India are not easily accessible and health awareness among the people is poor. Swayam Shikshan Prayog (SSP), a learning and development organization has stepped in to improve the situation in rural Maharashtra through a programme called Arogya Sakhi reports The Better India.
Monday, July 20, 2015 — No Region Specified

Gates Foundation's Kosta Peric on Blockchain Tech and the Unbanked

Source: The Wall Street Journal

For Kosta Peric, overcoming finance's last mile means looking for ways to do so from the ground up.
Monday, July 20, 2015 — No Region Specified

Can a High-Tech Wood Stove Save the World?

Source: Bloomberg

So, this is cool. It's a stove, powered by wood or cow dung or whatever other combustible material you happen to have lying around, that generates an almost smokeless, gas-like flame -- and also enough electricity to light a room or charge your phone.
Monday, July 20, 2015 — South Asia

India Pitches for Global Tax Policy to Safeguard the Interests of Developing Nations

Source: The Economic Times

India has pitched for a global tax regime built into the UN process, rather than being looked at from the point of view of rich countries, in a bid to curb illegal financial flows from the developing world running into some $200 billion annually.
Friday, July 17, 2015 — South Asia

Rural India Healthier Than Urban India, Malayalees Sickest

Source: Indiaspend

As much as 86% of the rural population and 82% of the urban population is without health-expenditure support. The average medical expenditure for treating one ailment without being admitted to hospital was Rs 509 in rural India and Rs 639 in urban India. Up to 58% of hospital care occurred in private hospitals in rural India; it was 68% in urban India.
Friday, July 17, 2015 — Latin America

IDB Approves Climate-Smart Agriculture Fund

Source: Press Release

First-of-its-kind fund will support investments that increase rural livelihoods, reduce greenhouse gas emissions and enhance biodiversity.
Friday, July 17, 2015 — No Region Specified

Sanofi Unveils Restructuring Plans, Prunes Business Units

Source: Zacks Investment Research

Sanofi’s (SNY - Analyst Report) newly appointed Chief Executive Officer Olivier Brandicourt, after just three months of being at the helm, has made a big move by declaring plans to reorganize its business. Brandicourt intends to restructure the seven existing business units into five global business units. Along with its existing vaccines unit – Sanofi Pasteur – and the animal health business – Merial, the company plans to create three new global business units, namely, General Medicines & Emerging Markets, Specialty Care and Diabetes & Cardiovascular.
Friday, July 17, 2015 — Sub-Saharan Africa

Duke Global Health Institute Receives $20M From Gates Foundation

Source: The Business Journals

The Bill and Melinda Gates Foundation provided a $20 million grant to the Duke Global Health Institute (DGHI).
Friday, July 17, 2015 — South Asia

Affordable Healthcare Technologies for Rural India

Source: The Hindu

Imagine a three-year-old child suffering from severe pneumonia, which leads to insufficient oxygen in the blood, at a primary health centre (PHC) in a remote village. The centre has no reliable supply of oxygen. So what does one do? How about a low-cost method for oxygen production in rural areas?
Friday, July 17, 2015 — South Asia

Top Innovation Ecosystem Leaders Across India Converge at India Innovation Forum 2015

Source: The Financial Express

The inaugaral edition of India Innovation Forum (IIF 2015) in Bengaluru saw top Innovators, Entrepreneurs, VCs, Impact Investors, CEOs and Thought leaders come together on 11th and 12th of July, 2015 to interact, share ideas and raise important questions on Innovation ecosystem in India. They interacted with a diverse group 150+ select senior executives from top Indian and multinational companies.
Friday, July 17, 2015 — North Africa and Near East

Iran Nuclear Deal: Lifting Sanctions Could Transform Business For Pharmaceutical Companies, Ease Financial Roadblocks

Source: International Business Times

European and U.S. pharmaceutical companies have always been allowed to sell medicines and medical devices in Iran, even if they've been hesitant about doing so. But the nuclear deal reached Tuesday could be transformative, not so much by peeling back legal restrictions on the pharmaceutical industry, but rather by tearing down financial roadblocks that could make it significantly easier for companies to do business in Iran in a sector that analysts say is teeming with growth opportunities.
Friday, July 17, 2015 — No Region Specified

Global Health Workforce, Finances Remain Low for Mental Health

Source: World Health Organizations

Worldwide, nearly 1 in 10 people have a mental health disorder, but only 1% of the global health workforce is working in mental health. This means, for example, that nearly half of the world’s population lives in a country where there is less than one psychiatrist per 100 000 people.
Friday, July 17, 2015 — South Asia

MUrgency Launches Global Emergency Response Mobile App in India

Source: The Times of India

A new decentralized and personalized mobile app called MUrgency ( One Global Emergency Response Network) is being set up to create a global emergency response to help people in distress in developing countries.
Wednesday, July 15, 2015 — No Region Specified

GSK and Save the Children Launch 2015 Call for Developing Country Healthcare Innovations to Reduce Child Deaths

Source: Save the Children

GSK and Save the Children today announced the launch of their third annual $1 million Healthcare Innovation Award that rewards innovations in healthcare that have helped to reduce child deaths in developing countries.
Wednesday, July 15, 2015 — Sub-Saharan Africa

Caveats, Costs and Complexities Shadow First Malaria Vaccine

Source: Reuters

It's a showpiece drug that has the potential to end a disease that kills half a million African children a year. Yet even before it wins a license, the world's first malaria vaccine has lost some of its sheen.
Wednesday, July 15, 2015 — Latin America

Education Start-up, The Un-School of Disruptive Design, Announces Mexico City Fellowship for Emerging Leaders

Source: Press Release

Following a successful program in NYC, the Un-School has opened applications for mavericks and misfits of social innovation to join them in Mexico this November.
Wednesday, July 15, 2015 — South Asia

Bigger May Not Be Better for China's 'Super Hospitals'

Source: Reuters

Just before midnight, the pavement outside the glowing high-rise towers of the First Affiliated Hospital of Zhengzhou University is littered with slumbering bodies. Splayed on colorful mats or tucked into folding cots, these are patients' relatives.
Wednesday, July 15, 2015 — Latin America

Channing Tatum Retires From Stripping and Focuses on Saving Lives

Source: SheKnows

Recently, we all found out Channing Tatum?'s deepest, darkest secrets revealed during an AMA — from his admittance that his acting was horrible in Step Up? to his love for Pinterest. (Yes, he seriously has a Pinterest board, and it's magical.)
Wednesday, July 15, 2015 — No Region Specified

Press Release: UNAIDS Announces Goal of 15M People on Life-Saving HIV Treatment by 2015 Has Been Met 9 Months Early

Source: UNAIDS

The AIDS targets of MDG 6—halting and reversing the spread of HIV—have been achieved and exceeded, according to a new report released today by the Joint United Nations Programme on HIV/AIDS (UNAIDS). New HIV infections have fallen by 35% and AIDS-related deaths by 41%. The global response to HIV has averted 30 million new HIV infections and nearly 8 million (7.8 million) AIDS-related deaths since 2000, when the MDGs were set.
Wednesday, July 15, 2015 — No Region Specified

Press Release: Ella Gudwin Appointed President of VisionSpring

Source: PR Newswire

VisionSpring is proud to announce the appointment of Ella Gudwin as President. Ms. Gudwin will oversee global operations and lead the implementation of VisionSpring's growth strategy to reach 4.5 million people across Asia, Africa, and Latin America in the next three years. "I am joining an exceptional team. Our job is to get millions of eyeglasses to people who need them – to succeed in school, to gain years of employment, to participate in community and civic life, and so much more. And because VisionSpring is a social enterprise, we'll help create jobs and markets in the process." said Ms. Gudwin.
Wednesday, July 15, 2015 — No Region Specified

Zidisha Helps Connect Lenders With Entrepreneurs in Developing Countries

Source: Forbes

Zidisha is a non-profit startup that acts as an online microlending community connecting lenders with entrepreneurs no matter the distance or disparity. As of right now, Zidisha allows individuals worldwide to lend to tech-savvy entrepreneurs in the slums of Africa and Asia where even a few dollars can go a long way. Over 20,000 people are using Zidisha today. Recently, I spoke with Zidisha founder and CEO Julia Kurnia to learn more about the company.
Wednesday, July 15, 2015 — South Asia

Pharma Price Control Has Stunted Innovation, Study Finds

Source: The Times of India

Consumers may be happy at a cut in medicine bills but the government's price control measures have forced many brands out of the "unviable" pharmaceutical market, resulting in a drastic slowdown in new launches in the last five years.
Wednesday, July 15, 2015 — No Region Specified

Impact Investing Needs a Better Way to Measure Impact

Source: Quartz

In places where electricity is scarce or unreliable, kerosene lamps are a standard lighting source—but the fumes from burning kerosene pollute the air and kill 1.6 million people each year. D.Light Design, a private company based in San Francisco, manufactures inexpensive solar-powered lamps and sells them cheaply around the world. It is safe, reliable, and renewable energy available for about the same cost as a few candles. D.Light believes that it’s not only reducing pollution, but also improving health, safety, and performance—in school, productivity, and income.
Wednesday, July 15, 2015 — Sub-Saharan Africa

Hong Kong VC Firm Nest Expands to Nairobi to Support Continent’s Talents

Source: Ventureburn

Hong Kong VC and incubation firm Nest has recently announced its expansion into Africa, connecting local talent with Asian investors abroad.
Tuesday, July 14, 2015 — South Asia

How Companies Should Respond As Social Business Goes Global

Source: EJ Insight

Social business has been known as a systemically defined business practice for tackling poverty and is blossoming in every corner of the globe including China, the world’s second largest economy.
Tuesday, July 14, 2015 — Sub-Saharan Africa

Good News on 'African Solutions to African Problems' in Health: SMS, Bike Ambulances, and Pregnancy Hostels

Source: Mail & Guardian Africa

At the end of this week a high level ministerial meeting will take place in the Ethiopian capital Addis Ababa, to discuss how to fix the shortage of health workers on the continent.
Tuesday, July 14, 2015 — Sub-Saharan Africa

As #FFD3 Kicks Off in Addis, Civil Society Raises Red Flags

Source: Devex

Development finance is entering a new era, and in Addis Ababa, Ethiopia, civil society representatives remain unconvinced the new world of development cooperation holds more promise for the world’s poor than the old one.
Tuesday, July 14, 2015 — No Region Specified

New Approach Provides More Complete Picture of Donor Support for Key Global Health Issues

Source: News Medical

As the world's leaders gather in Addis Ababa, Ethiopia, for the Financing for Development Conference, a study published in The Lancet demonstrates that a new approach is needed for classifying funding that reflects the function the funding serves, rather than the specific disease or country. The study is the first in-depth assessment of how donor funding is spent on global versus country-specific functions of health.
Tuesday, July 14, 2015 — Sub-Saharan Africa

Scatec Solar to Build First Large Scale Solar Plant in West Africa

Source: Biztech Africa

A historic agreement to Build-Own-and Operate West Africa’s first utility-scale solar power plant has been signed by Norwegian company Scatec Solar and its partners, the Malian Ministry of Energy and Water and Electricité du Mali (EDM), the electricity utility of Mali. To be located near the ancient city of Segou in South-East Mali, 240 kms from Bamako, the 33 MW solar project is being developed in partnership with IFC InfraVentures and the local developer Africa Power 1.
Tuesday, July 14, 2015 — Sub-Saharan Africa

Bharti Airtel Starts First Cross-Border Mobile Money Transfer in Niger

Source: The Economic Times

Telecom giant Bharti Airtel today launched a cross-border money transfer service for its mobile wallet customers in Niger -- a first in the country by a telecom company.
Tuesday, July 14, 2015 — No Region Specified

“empowering people. Award” to Identify Tech-Based Social Solutions Is Looking for Nominations

Source: Social Story

The “empowering people. Award” was launched at an event in Munich with the online participation of a large international community. Inventors and developer teams are called on here to submit their low-tech innovations in one of eight categories that cover the main areas of basic supply in impoverished regions. The potential to be embedded in entrepreneurial models providing sustainable help to individuals and communities in developing regions is one of the pivotal criteria.
Tuesday, July 14, 2015 — Sub-Saharan Africa

South Africa: Rural Maubane Receives Solar Powered Health Centre

Source: allAfrica

The North West Department of Health together with Samsung Electronics South Africa have launched a Solar Powered Health Centre (SPHC), which officials says will improve access to specialised healthcare for Maubane residents.
Tuesday, July 14, 2015 — South Asia

L&T Finance Acquires 26% Stake in Grameen Capital India

Source: Livemint

L&T Finance Ltd has acquired 26% stake in Grameen Capital India Ltd, which focuses on providing capital market access to social enterprises, the latter said in a press statement on Tuesday.
Tuesday, July 14, 2015 — Sub-Saharan Africa

$100B Plan Seeks to Cut Malaria Cases, Deaths by 90 Percent

Source: Voice of America

Major health, development and financial agencies have unveiled a $100 billion plan to cut global malaria cases and deaths by 90 percent over the next 15 years. The Roll Back Malaria Partnership says its new strategy will result in a health and economic bonanza for developing countries.
Tuesday, July 14, 2015 — North Africa and Near East

IBM Introduces Watson to Africa and the Middle East

Source: PC World

With the help from the city of Abu Dhabi, IBM will offer its Watson-based data analysis services to the Middle East and North Africa.
Tuesday, July 14, 2015 — No Region Specified

MaRS Centre for Impact Investing Expands to Quebec, Eyes Further Growth

Source: Techvibes

Toronto-based impact investing platform Social Venture Connexion (SVX) has expanded to Quebec. It’s the first step in a plan to expand the platform across North America.
Tuesday, July 14, 2015 — Sub-Saharan Africa

New Malaria Strategy Would Double Current Funding

Source: Inter Press Service

Although malaria is both preventable and curable, it still killed an estimated 584,000 people in 2013, the majority of them African children.
Friday, July 10, 2015 — South Asia

Food Politics Hits India's Most Malnourished Children

Source: PostBulletin.com

Clutching battered metal plates, the children waited patiently in a remote central Indian village for the two small flat pieces of bread and scoop of boiled potato curry that would be their only full meal that day.
Friday, July 10, 2015 — South Asia

Mentoring the Next Generation of Social Entrepreneurs

Source: Rappler

Former Ateneo De Manila University president Fr Bienvenido Nebres SJ says uplifting the poor should be a concern of every Filipino.
Friday, July 10, 2015 — No Region Specified

Can Tobacco Excise Taxes Be a Boon for NCD Financing?

Source: Devex

Governments need to put more effort in implementing one of the World Health Organization Framework Convention on Tobacco Control’s proven measures to reduce demand and deaths from tobacco use — levying high taxes on tobacco products.
Friday, July 10, 2015 — No Region Specified

Bringing Innovation to the Front Line of Global Health

Source: PSI Impact

Lelio Marmora, UNITAID executive director, discusses how to accelerate introduction of effective new health solutions.
Friday, July 10, 2015 — South Asia

The Social Entrepreneur Interview Series: Meet Matthew Spacie of Magic Bus

Source: The Huffington Post

Throughout my travels, I've met many social entrepreneurs and innovators who are making the world a better place. In this interview series, you will hear from incredible leaders who are changing the way we do good in the world.
Friday, July 10, 2015 — South Asia

Indian Medtech Startup Gets $10M Injection to Be Facebook for Healthcare

Source: Tech in Asia

Indian healthcare communication platform Lybrate announced today it has secured US$10.2 million in series A funding from Tiger Global Management, Indian business tycoon Ratan Tata, and existing investor Nexus Venture Partners. The company previously received US$1.2 million in seed funding.
Friday, July 10, 2015 — No Region Specified

Cautious Optimism: Calculating the Actual Value of a Global Health Game Changer

Source: Devex

We all know that vaccines have had huge success in protecting children from deadly diseases. However, the health benefits of vaccines have not been shared equally across the globe.
Friday, July 10, 2015 — South Asia

Oral Cholera Vaccine Could Speed Control Efforts, Trial Finds

Source: Reuters

An oral vaccine has reduced cases of severe cholera by nearly 40 percent in a key trial in Bangladeshi slums, suggesting the shot could be used routinely to help endemic countries control the life-threatening disease.
Friday, July 10, 2015 — Europe & Eurasia

Greek Debt Crisis: 'Of All the Damage, Healthcare Has Been Hit the Worst'

Source: The Guardian

Above a dark, tatty arcade of wholesale button traders and empty shop fronts in Thessaloniki, Greece’s second largest city, one mother was rocking a sick baby and another was carrying a toddler as they waited to see a volunteer paediatrician in the brightly painted clinic run by the Greek branch of the NGO Doctors of the World.
Wednesday, July 8, 2015 — South Asia

Here's Why Tata Power and Dabur Are Queuing Up to Assist Politicians in Rural Development

Source: The Economic Times

One of Prime Minister Narendra Modi's more radical calls to action was the Saansad Adarsh Gram Yojana where members of parliament were tasked with the responsibility of developing three villages by 2019, in constituencies other than their own. It's found resonance not just with politicians eager to establish themselves as more than just a local entity but also with a slew of corporates.
Wednesday, July 8, 2015 — No Region Specified

Why Transporting Vegetables Is Not So Different From Delivering Vaccines

Source: The Guardian

Every day in low-income countries throughout the world, tons of fresh fruit and vegetables fail to reach their destinations or become damaged and inedible along the way. By contrast, highly processed foods – likely to include large amounts of fat, sugar or preservatives – reach these same destinations, ready to be eaten by people in need of food. This simultaneous availability of less healthy processed food and shortage of nutritious food is a key factor in the growing combination of undernutrition and obesity throughout many low-income countries.
Wednesday, July 8, 2015 — Sub-Saharan Africa

In big boost, after 25 years VW brings car assembly back to Nigeria to tap Africa growth

Source: Mail & Guardian Africa/Bloomberg

VOLKSWAGEN AG resumed building vehicles in Nigeria for the first time in 25 years in a bid to foster sales growth in Africa. Assembly began Tuesday in Lagos of models that will include the Passat, Jetta and CC sedans as well as the Amarok pickup truck, manufacturing partner Stallion Group said Tuesday in a statement.
Wednesday, July 8, 2015 — South Asia

China Developers Chase Next Goldmine With Health-Care Blitz

Source: Bloomberg

Chinese real estate developers have begun chasing what they see as the country’s next big business opportunity -- the health-care market.
Wednesday, July 8, 2015 — South Asia

Can CSR Funds Make a Difference in Healthcare?

Source: Livemint

The statistics tell a grim story. India carries 20% of the world’s disease burden, according to data from the World Health Organization (WHO). About 75% of deaths globally are caused by communicable diseases, of which India accounts for 17%. A report published in May by British charity Oxfam says India records the highest number of maternal deaths in the world.
Wednesday, July 8, 2015 — Sub-Saharan Africa

Better Housing Architecture Could Halve Malaria Cases

Source: Science and Development Network

Improved housing with features such as closed eaves could lower malaria cases by half in some settings, according to a study.
Wednesday, July 8, 2015 — Sub-Saharan Africa

Why Too Many Mothers Are Still Dying At Childbirth in West Africa

Source: allAfrica

Maternal mortality rates in West Africa are among the highest in the world. One in every 30 Nigerian mothers die in childbirth compared with one in every 30,000 in Sweden.
Wednesday, July 8, 2015 — Sub-Saharan Africa

Search for Ever Cheaper Garment Factories Leads to Africa

Source: The Wall Street Journal

At the Radisson Blu hotel here last year, a senior fashion executive met with several of his top Asian apparel suppliers. His plea: Open for business in Africa.
Tuesday, July 7, 2015 — Sub-Saharan Africa

Financial Inclusion Key to Climate Risk Reduction for Zambia’s Smallholders

Source: Inter Press Service

In the advent of unpredictable weather, smallholder rain-dependent agriculture is increasingly becoming a risky business and the situation could worsen if, as seems likely, the world experiences levels of global warming that could lead to an increase in droughts, floods and diseases, both in frequency and intensity.
Tuesday, July 7, 2015 — South Asia

Why Pharmaceutical Firms in India Hardly Took the Village Road

Source: The Economic Times

It's easier to spot an auto showroom in a small town than to locate a pharmacy that sells anything beyond cough and cold, and birth-control pills.
Tuesday, July 7, 2015 — Sub-Saharan Africa

Panel Pushes for WHO Center for Health Emergencies

Source: Devex

The World Health Organization should establish a single, unified WHO Center for Health Emergency Preparedness and Response — but not with Director-General Margaret Chan at the helm.
Tuesday, July 7, 2015 — No Region Specified

Viewpoint: My Mother, the Social Entrepreneur

Source: The Straits Times

The year is 1957. I am born in a Singapore that is very poor. Except for the British and those who work for them, almost all the rest of us live hand to mouth. My father works in a provision shop, and his $90 salary as a shop assistant can hardly feed his family of three kids, one wife and our grandmother.
Tuesday, July 7, 2015 — Sub-Saharan Africa

In Global Healthcare, Quality and Access Are What Matters – Not Who Delivers It

Source: The Guardian

When the UN financing for development conference begins in the Ethiopian capital Addis Ababa, there’s likely to be a big elephant in the room: the private sector.
Tuesday, July 7, 2015 — No Region Specified

This 'Emergency Floor' Is Going to Make Life Easier for Millions of Refugees

Source: Forbes

Humanitarian innovation is something of a hot topic, in philanthropic circles. NGOs, governments, and other private and public institutions are trying to findnew solutions to the growing number of emergencies taking place in our troubled world: in the last 10 years, the number of people affected by humanitarian crisis has almost doubled.
Tuesday, July 7, 2015 — Sub-Saharan Africa

Botswana’s Hearing Aid Pioneers Are Betting on Solar Power to Go Global

Source: Quartz

Six years after developing the prototype of a solar-powered hearing aid, Deaftronics, a Botswana-based company, is readying to take its technology global.
Tuesday, July 7, 2015 — Sub-Saharan Africa

Kenya’s Safaricom Might Have to Spin Off M-Pesa, the World’s Largest Mobile Money Business

Source: Quartz

The Kenyan government is introducing new regulations this week in parliament that could lead to the break-up of Safaricom, the country’s leading telecom company.
Tuesday, July 7, 2015 — South Asia

Raise Taxes on Cigarettes, Other Tobacco Products: WHO

Source: The Times of India

The World Health Organisation has urged governments around the world to increase taxes on cigarettes and other tobacco products to save lives.
Friday, July 3, 2015 — Sub-Saharan Africa

Portable Solar Power to the People

Source: BiztechAfrica

Schneider Electric, a global specialist in energy management, is commercialising its solar powered portable LED lamps with mobile phone charger, the Mobiya TS 120S, in order to offer innovative, reliable and affordable products to people living without access to electricity.
Friday, July 3, 2015 — No Region Specified

Getting Vaccines to People Who Need Them Is the Most Important Issue in Global Health

Source: Quartz

Fear of vaccines has allowed a host of diseases, including measles and whooping cough, to re-surface around the world in recent years.
Thursday, July 2, 2015 — South Asia

Social Enterprise Awards 2015: Inspiring social change

Source: Jakarta Post

For these six creative and inspiring social enterprises, lying back while expecting funding from donors is so last-decade. “Do what you can, start now and do it for others” seems to be the sacred slogan for six winners of the Social Enterprise Awards for Arts, Creative Economy and Tourism, which were presented by DIAGEO and the British Council in Jakarta recently.
Thursday, July 2, 2015 — Sub-Saharan Africa

Can a Bajaji Change a Teen Girl's Life?

Source: PSI Impact

“Human-centered design has a role in solving every problem,” says Pam Scott, a serial design thinker whose career has wended from advertising to customer research to a board seat at IDEO.org to a current chapter that might be dubbed activist philanthropy. A born connector, Scott has spent nearly three decades working at the intersection of design and impact, and much of her power lies at getting the right people in the room and prompting them to ask — and answer — the right questions.
Thursday, July 2, 2015 — Sub-Saharan Africa

Can Mobile Money Improve Your Health?

Source: IT News Africa

According to insights provided byMondato, the general rule of thumb is that when something appears too good to be true, it very likely is. Imagine that you were unfamiliar with the concept of insurance. A stranger at your door promises that if you pay 1000 shillings per month via your phone, if at some point you or someone in your family were to fall ill, the man’s company will pay up to 300 times that amount to cover the medical expenses. You would certainly be forgiven for being highly circumspect, at the very minimum.
Thursday, July 2, 2015 — South Asia

Mobile Banking Provides Lifeline for Bangladeshis

Source: The Wall Street Journal

On the first Friday of every month, Sabina Begum makes the short trip from her single-room shack in a crowded Dhaka slum to a nearby grocery. The grocer, in addition to selling her much-needed supplies, doubles as her financial-services provider.
Thursday, July 2, 2015 — No Region Specified

A Condom That Tests for STDs Just Before Sex

Source: Condom Collective

Just last week, I was joking with some colleagues about whether we could sell a stick of gum with our condoms that, when chewed, would turn a certain color to indicate whether or not you had an STD. It turns out, we were not the only ones with such idea and they ignored the gum and went right to the condom itself.
Wednesday, July 1, 2015 — No Region Specified

Bangladesh-Based Poverty Group Founder Wins World Food Prize

Source: The Associated Press

A man who created a nonprofit organization credited with helping more than 150 million people out of poverty was named the winner of the 2015 World Food Prize on Wednesday. Fazle Hasan Abed, of Bangladesh, created BRAC, the organization originally known as Bangladesh Rural Advancement Committee, as a temporary relief organization to help the country recover from the 1970 typhoon that killed about 500,000 people and the subsequent war fought in 1971 to win independence from Pakistan. Bangladesh was once listed as the second poorest country in the world.
Wednesday, July 1, 2015 — No Region Specified

How Will Global Health Financing Change Post-MDGs?

Source: Devex

Hundreds of billions of dollars have been spent since 2000 to tackle some of the world’s biggest health problems.
Wednesday, July 1, 2015 — South Asia

BlackBerry’s Prescription for Success in Healthcare

Source: The Financial Express

“Technology and mobility will play a crucial role in revolutionising the healthcare system and propelling the next phase of growth in India,” says Annie Mathew, Director, Alliances and Business Development, BlackBerry. In conversation with Abhishek Raval.
Wednesday, July 1, 2015 — Latin America

WHO Validates Elimination of Mother-to-Child Transmission of HIV and Syphilis in Cuba

Source: World Health Organization

Cuba today became the first country in the world to receive validation from WHO that it has eliminated mother-to-child transmission of HIV and syphilis.
Wednesday, July 1, 2015 — No Region Specified

Impact Investing For The Millennial: You, Too, Can Have An Investment Portfolio

Source: Forbes

Impact investing has been catching headlines with major banks like Bank of America BAC +1.48% and JP Morgan developing so-called “impact portfolios.”
Tuesday, June 30, 2015 — South Asia

Primary Healthcare Staff to Protest Against Privatisation

Source: The Times of India

The state government's decision to hand over primary health centres and affiliated sub-centres from across the state into private hands to be operated under the public private partnership (PPP) mode has triggered protest from healthcare staff and social organizations.
Tuesday, June 30, 2015 — South Asia

Saving the Cows, Starving the Children

Source: The New York Times

Gandhi famously denied himself food. And by starving himself to protest British rule, he ultimately made India stronger. But India’s leaders today are using food as a weapon, and they are sacrificing not themselves, but others. Their decisions threaten to make India’s children — already among the most undernourished in the world — weaker still.
Tuesday, June 30, 2015 — South Asia

Vietnam Is Having Condom Problems — And That's a Good Thing

Source: NPR

Vietnam is having condom problems. Hundreds of thousands of condoms sold there are substandard. They tear easily and don't offer reliable protection. While this might seem like a red flag, it's actually a sign of progress.
Tuesday, June 30, 2015 — No Region Specified

Julie Bishop: Australia Will Use Private Firms Like Coca-Cola to Deliver Aid

Source: The Guardian

The Australian government will partner with private companies such as Coca-Cola to distribute medical aid, foreign minister Julie Bishop has said.
Tuesday, June 30, 2015 — No Region Specified

Profits Meets Philanthropy in ‘Pay-For-Success’ Investments — Horizons

Source: The Wall Street Journal

Do you care about reducing the prison population? Want to create work opportunities for homeless people? Re-employ veterans? Well, a new model of investing allows you to fund such projects — and even take home a profit.
Monday, June 29, 2015 — No Region Specified

Bill Gates Hopeful of AIDS Vaccine in 10 Years

Source: The Jakarta Post

Billionaire and philanthropist Bill Gates, who spends millions of dollars on AIDS drug development, said Friday he hoped for a vaccine against the disease within the next decade as a cure remains far off.
Monday, June 29, 2015 — South Asia

Burning Bridges by Building Bridges

Source: Philstar

Do you remember the old folk song that goes, “ako ang nagtanim at nagbayo at nagsaing, subalit nang maluto ay iba ang kumain” (I planted, pounded and cooked my own rice, but some other guy ate it)? It is not exactly the same story for the farmers, but it is certainly how they still feel.
Monday, June 29, 2015 — South Asia

Now, ATM-Like Machines to Dispense Free Medicine

Source: The Times of India

Taking free medicine distribution to the next level, state health department will soon introduce automated medicine dispensing machines. Similar to ATMs, the new and unique machines will be able to recognize prescriptions and dispense medicines.
Monday, June 29, 2015 — Sub-Saharan Africa

New Tools Deliver Medical Diagnoses, Fast, Cheap and in the Field

Source: The Wall Street Journal

Reliable electricity is a rare commodity in some parts of Guinea, which means some traditional medical equipment often is useless. So researchers there are using a new tool to identify Ebola cases: a portable diagnostic machine that fits in a suitcase and runs on a solar battery.
Monday, June 29, 2015 — Latin America

A Light in the Darkness

Source: The Economist

Some mountainous parts of Mexico are so remote that the electricity grid fails to reach them, let alone the banking system. A five-year-old social enterprise, Iluméxico, hopes to change that. It provides more than 20,000 people with loans to buy low-cost solar panels and batteries, enabling them to switch lights on, watch television and charge mobile phones, sometimes for the first time.
Friday, June 26, 2015 — South Asia

A Clean Bag of Water

Source: USA Today

It weighs no more than 11 ounces, fits easily into a backpack and looks like any other plastic bag.
Friday, June 26, 2015 — No Region Specified

Technology Billionaire Bill Gates to Double Investment in Clean Energy Projects Over Five Years

Source: International Business Times

Technology billionaire Bill Gates says he’ll plow $2 billion of his own money into breakthrough energy projects that reduce emissions and eschew fossil fuels. The planned investment doubles what Gates already has spent on early-stage energy companies geared to fight climate change, the Financial Times reported Thursday.
Friday, June 26, 2015 — Sub-Saharan Africa

Finger-Prick, Blood Test for Ebola Takes Just Minutes

Source: The Washington Post

Public health officials may soon be able to screen patients for Ebola at border crossings and hospitals with a finger-prick blood test that takes mere minutes.
Friday, June 26, 2015 — Sub-Saharan Africa

Buyout Firm Vital Plans $500 Million Africa Fund As Demand Booms

Source: Bloomberg

Private equity firm Vital Capital Investments LP is planning a $500 million investment fund that will focus on African industries overlooked by competitors.
Friday, June 26, 2015 — Sub-Saharan Africa

Press Release: FINCA Surpasses $1 Million in Loans to Microenterprise and Small Businesses in Nigeria in First Six Months

Source: PR Newswire

FINCA's newest subsidiary, FINCA Microfinance Bank Ltd. in Nigeria, surpassed USD 1 million in small loans to microenterprise and small business owners within its first six months of operation, it was announced today by President & CEO Rupert Scofield during his remarks at the Spring meeting of the Financial Inclusion Equity Council (FIEC), hosted this year by FINCA at its headquarters building in Washington, DC.
Friday, June 26, 2015 — Sub-Saharan Africa

How Rwanda’s Clinics Have Gone Off-Grid and Onto Renewable Energy

Source: The Conversation

Rwanda is located in the poorest region in the world, sub-Saharan Africa. Despite this, it is making advances with off-grid renewable energy solutions for rural areas that could be a model for similar economies.
Thursday, June 25, 2015 — South Asia

Wipro GE Healthcare Unveils First Locally Made CT System

Source: Business Line

Wipro GE Healthcare today shipped out the first Computed Tomography (CT) system designed and developed in India to a hospital in Pune.
Thursday, June 25, 2015 — Sub-Saharan Africa

Illicit Financial Flows: Digital Pirates Costing Africa Big Bucks, but Mobile Banking Could Surprisingly Save the Day

Source: Mail & Guardian Africa

Illicit Financial Flows (IFF) are moving to the forefront of the international agenda, as governments worldwide join forces to combat money laundering, tax evasion, and international bribery, which make up the bulk of such flows.
Thursday, June 25, 2015 — North Africa and Near East

Surviving Pakistan's Slums: The Extraordinary Story of Mohammad Sabir

Source: DAWN

Every morning at sunrise, five-year-old Muhammad Sabir stepped out of his house, sagging a garbage bag to his shoulders, filling it with aluminum, plastic, paper scraps or anything he could find to sell. Salvaging trash to survive, he picked up snippets of newspapers and tried to read them.
Thursday, June 25, 2015 — No Region Specified

Triggering Behavior Change: Children’s Role in Development

Source: The World Bank

In order to end poverty by 2030, everyone needs to do their part, even kids. And they can start by pooping in the toilet and washing their hands.
Thursday, June 25, 2015 — Sub-Saharan Africa

Africa Leads Mobile Money Boom

Source: Bizcommunity

New data from Juniper Research has revealed how Service Providers are benefiting from the boom in mobile money transfer services - with $2bn in revenues forecast for this year and $4bn annually 2018...
Thursday, June 25, 2015 — No Region Specified

PRESS RELEASE: Report: Private Impact Investing Funds Yielded Financial Performance in Line With Non-Impact Funds

Source: Digital Journal

Private impact investment funds -- specifically private equity and venture capital funds -- that pursue social impact objectives have recorded financial returns in line with a comparative universe of funds that only pursue financial returns.
Thursday, June 25, 2015 — No Region Specified

Different Options for Male Contraception Could Be on Their Way

Source: Jezebel

Last time we heard about Vasalgel, the male contraceptive that is expected to be the first one of its kind to be approved by the FDA, there was hope that it could be available to the public as soon as 2017. It’s now expected to hit the US market at least a year later, but there could be even more options for male birth control by then.
Thursday, June 25, 2015 — No Region Specified

Early Tesla Motors Investors Raise $400 Million Impact VC Fund

Source: The Wall Street Journal

Two early investors in Tesla Motors Inc.TSLA +0.96% teamed up and raised a $400 million venture capital fund to back startups that have a positive social or environmental impact, Venture Capital Dispatch has learned.
Wednesday, June 24, 2015 — South Asia

MyDentist Raises Around $8M From LGT Group, Existing Investors

Source: VCCircle

Mumbai-based Total Dental Care Pvt Ltd, which runs dental care chain under the MyDentist brand, has secured Rs 50 crore (around $8 million) in its Series C round of funding led by LGT Venture Philanthropy, a global impact investing organization founded by LGT and the Princely Family of Liechtenstein.
Wednesday, June 24, 2015 — South Asia

Beyond Organic: Promoting Indonesia’s Indigenous Farming Cultures

Source: The Guardian

The first time Helianti Hilman visited the indigenous farmers of the West Java town of Garut, she was asked to remove her shoes before entering their fields. Her surprise grew when the farmers quizzed her on her mood – they didn’t want her upsetting the plants.
Wednesday, June 24, 2015 — Sub-Saharan Africa

Viva Senegal: How This West African Nation Became Africa's Quiet High-Tech Titan

Source: Mail & Guardian Africa

All too often conversations on the digital scene in Africa look to the East - focusing on the gains being made in Rwanda and Kenya in particular.
Wednesday, June 24, 2015 — South Asia

Banyan: An Endeavour for Gold Standard in Recycled Plastic

Source: Livemint

The bustling metropolis of Hyderabad generates about 4,500 tonnes of solid waste every day. Contrary to popular perception, as much as 70% of the waste is recycled in India, thanks in large part to a network of ragpickers, who scavenge heaps of trash everyday to pick products that can be recycled.
Wednesday, June 24, 2015 — Sub-Saharan Africa

Survey: Big financial inclusion gains in Zambia

Source: The Post Zambia

According to the FinScope 2015, the proportion of Zambian adults accessing financial services has increased to 59.3 percent in 2015 from 37.3 percent in 2009.
Wednesday, June 24, 2015 — No Region Specified

Is There Finally Some Movement on the Pressing Challenge of Microinsurance?

Source: Inside Philanthropy

More market players are stepping into the microinsurance arena - if this trend continues, the role of philanthropy in this space may become less and less critical.
Wednesday, June 24, 2015 — Sub-Saharan Africa

Uganda: Banks Partner with Telecoms to Cope With Mobile Pressure

Source: All Africa

Ugandan banks seem to have realized the threat from mobile services, as more of them are partnering with telecoms to swiftly roll out mobile banking products.
Wednesday, June 24, 2015 — South Asia

How the Internet of Everything will help bank the unbanked in India

Source: Money Control

As digital frontiers expand, banks will be able to deliver highly customized services at relatively low costs and expand their customer base by reaching people who were until now outside the banking ecosystem.
Wednesday, June 24, 2015 — South Asia

India to Offer Tax Benefits to Encourage Electronic Payments

Source: Firstpost

The government has put out draft proposals on Monday to encourage electronic transactions in the country.
Wednesday, June 24, 2015 — South Asia

India Poised For Mobile-Payments Revolution As Internet Giants Alibaba, Amazon Move In

Source: International Business Times

A host of new players – from Amazon to Alibaba-backed One97 – are introducing a range of mobile-payments systems that could provide the backbone for an e-commerce boom.
Wednesday, June 24, 2015 — No Region Specified

Global Health Advocates Circle U.S. Capitol, but Senators Advance Toward TPP Trade Deal

Source: Science Speaks

Representing organizations that train and supply health workers in some of the world’s poorest countries, that push for global access to life-saving medicines, and that urge effective responses to infectious diseases, protesters opposing the Trans Pacific Partnership took their message to the streets outside of lawmakers’ offices this morning in an effort to change just a few minds.
Wednesday, June 24, 2015 — No Region Specified

U.S. States Want to Do Good: Here's How Wall St. Is Helping

Source: CNBC

Goldman Sachs could be coming to a pre-K program near you. Or, at least, that may be the case in Pennsylvania.
Tuesday, June 23, 2015 — No Region Specified

Press Release: Calvert Expands Responsible Indexes; Launches New Funds

Source: Business Wire

Calvert Investments, Inc., a global leader in Responsible Investing, announced today a major new initiative that the firm describes as the next step in the evolution of responsible investing. The firm is building upon its global Responsible Investing research expertise and has launched a suite of Responsible Indexes and related lower cost Index Funds that will track them.
Tuesday, June 23, 2015 — No Region Specified

Viewpoint: Why Is the United States Letting Its Best Foreign Aid Tool Fall Apart?

Source: Foreign Policy

As America is blowing billions by using its military as a one-size-fits-all solution for emergencies around the world, USAID is understaffed, underfunded, and on the cusp of crisis.
Tuesday, June 23, 2015 — Sub-Saharan Africa

Uganda Legalizes Islamic Banking

Source: All Africa

Uganda's Cabinet has approved the amended Financial Institutions Act 2015, which paves the way for the introduction of Islamic and Agency banking in Uganda.
Tuesday, June 23, 2015 — South Asia

Mobile Banking Provides Lifeline for Bangladeshis

Source: Wall Street Journal

Phone-based services revolutionize the way people save and send money.
Tuesday, June 23, 2015 — South Asia

Indonesian Lawmakers Want to Fight AIDS By Restricting Access to Condoms

Source: Quartz

Want to stop the spread of HIV? Limit the availability of condoms. So goes the reasoning behind a draft law being developed in the Bengkulu province of Indonesia, on the southwest coast of Sumatra.
Tuesday, June 23, 2015 — Sub-Saharan Africa

Mobile Device Uses the Net to Tackle Deafness

Source: BD Live

About 3-million people in SA suffer from hearing loss. Every year, about 4,000 people become deaf due to antiretroviral and tuberculosis treatment. Early detection through screening tests could halve this number.
Tuesday, June 23, 2015 — Sub-Saharan Africa

Kenya Slum Mathare Gets Cheap Water Through ATMs

Source: BBC

Residents of the Mathare slum area of Kenya's capital, Nairobi, are now able to access water through an ATM-style dispenser.
Monday, June 22, 2015 — South Asia

Citizen Media Shows Why India Is Unlikely to Reach Its Millennium Goals Target for Maternal Mortality

Source: Global Voices

According to the UN Millennium Development Goals, India should bring down its maternal mortality rate (MMR) to 109 per 100,000 live births by 2015. This is a tough ask, as from an MMR of 437 per 100,000 live births in 1990-91 India has only achieved a reduction to 190 by 2013-2014. Experts therefore believe that India is likely to miss its Millennium Development Goals target for MMR.
Monday, June 22, 2015 — South Asia

WHO names Vietnam a new global vaccine supplier

Source: Thanh Nien News

Vietnam has become the 37th country and the fifth in the Western Pacific meeting requirements to produce vaccines for the global market, the World Health Organization said.
Monday, June 22, 2015 — No Region Specified

Guess Which Country Has The Biggest Increase In Soda Drinking

Source: NPR

The Big Soda companies are spending money to develop new markets in low- and middle-income countries. In some of these places, people are earning a bit more than a few years before, so they have more money for soda.
Monday, June 22, 2015 — Sub-Saharan Africa

South Africa: Dumping of Condoms May Flaw Distribution Numbers Says DA

Source: All Africa

Recent boasts by the national and provincial health departments at the recent SA Aids Conference held in Durban about how successfully condoms were being distributed may in fact be flawed.
Monday, June 22, 2015 — South Asia

Technoserve Launces Business Accelerator for Women-Led SGBs in Mumbai

Source: News Release

TechnoServe, with the support of the Blackstone Charitable Foundation, announces the launch of Empowering Women Entrepreneurs, its Business Accelerator program for women-led small and growing businesses in Mumbai and invites applications for its inaugural batch of 2015-16 ventures.
Monday, June 22, 2015 — No Region Specified

D-Lab Scale-Ups awards $100,000 to five social entrepreneurs

Source: MIT News

The MIT D-Lab Scale-Ups fellowship program — which offers one year of support to social entrepreneurs bringing technology-based, poverty-alleviating products to market at scale — has announced its 2015 fellows.
Monday, June 22, 2015 — No Region Specified

PRESS RELEASE: Innovation for Poverty Action's New $7.4 million Grant Will Support Research for Financial Inclusion

Source: Innovations for Poverty Action

Innovations for Poverty Action (IPA) announced today a new $7.4 million grant to support research on product design innovations that enable the poor to access, use, and benefit from financial services.
Monday, June 22, 2015 — No Region Specified

In America's Payday Loan Capital, Innovative Microcredit Helps Break The Debt Cycle

Source: Huffington Post

Mississippi has more payday lenders per capita than anywhere else in America, but an innovative partnership is helping to give the state's residents access to responsible small-dollar loans.
Monday, June 22, 2015 — South Asia

With 2.7 million customer base, iPay gears up to become a billion-dollar company in India

Source: Your Story

iPay offers a tablet based e-inventory which connects the consumers to e-sellers through local retailers, allowing consumers in smaller cities to purchase online by paying offline.
Monday, June 22, 2015 — No Region Specified

Former U.N. Official: Bitcoin Has Potential in Fragile States

Source: CoinDesk

Having worked in humanitarian affairs and on the ground in conflict zones for the last 20 years, Ben Parker provides a unique perspective on how bitcoin could succeed where it's perhaps needed most – in struggling developing nations.
Friday, June 19, 2015 — No Region Specified

And The Total Spent On Health In Impoverished Countries Last Year...

Source: NPR

According to the sixth annual report on how much money has been spent to improve health in developing countries, the 2014 total was $227.9 billion, representing a 1.6 percent drop from 2013.
Friday, June 19, 2015 — South Asia

Vodafone M-Pesa partners with WaterHealth India to serve the underserved ‘Bottom of the Pyramid’ customers

Source: TechWhack

WaterHealth is a global leader in setting up decentralized water purification systems that provides safe drinking water to over five (5) million people globally. Vodafone India has partnered with WaterHealth India to facilitate its cash collection process across 450 locations in Andhra Pradesh, Telangana, Gujarat, Karnataka and Tamil Nadu.
Friday, June 19, 2015 — No Region Specified

Five Things to Know About the First-Ever Global Progress Report on Universal Health Coverage

Source: The World Bank

Last Friday, I had the privilege of attending the launch of a new global report that provides the clearest picture to date of countries’ progress moving toward universal health coverage (UHC). UHC is critical for building resilient health systems, which protect communities and strengthen societies in times of crisis and calm alike.
Friday, June 19, 2015 — Sub-Saharan Africa

Africa Discovers the Power of Crowdfunding

Source: BBC

Budding South African film producer Meg Rickards was struggling to raise the money for her new feature film, Whiplash, when she came across the idea of crowdfunding.
Friday, June 19, 2015 — South Asia

Women in business: Can P2P lending bridge gender gap in access to capital in India?

Source: Economic Times

For a country like India where there is a distinct buzz around startups and entrepreneurship, the number of women entrepreneurs and women in business still continue to be far and few.
Friday, June 19, 2015 — Latin America

Prescription for Shoes

Source: Duke Global Health Institute

We walk into the exam room—Jeremy, a fourth year medical student on the cusp of finishing a clinical rotation at the Mayan Medical Aid health post, and me, a global health graduate student eager to learn about healthcare in indigenous communities in Guatemala.
Friday, June 19, 2015 — No Region Specified

Social Media, Messaging Apps Driving Global Mobile Money Adoption

Source: Memeburn

It’s hardly news that mobile is important to emerging economies. Stories of those countries lepfrogging older technologies have been told so many times that they can sometimes seem tired. But when you stop and think about it, even the rise of mobile money and marketing in these markets has been nothing short of remarkable. For instance, the latest report from global trade body Mobile Ecosystem Forum (MEF), shows that 69% of mobile media users globally carried out a banking activity via mobile in 2015, up three percent year-on-year. But in Indonesia the figure was 80%, in Nigeria 85% and Kenya an incredible 93%.
Friday, June 19, 2015 — Sub-Saharan Africa

Phones4Power: Using Mobile Phones to Run Micro-Grids in Africa

Source: The Guardian

Kenya-based business SteamaCo is harnessing the power of mobile to bring affordable electricity access to rural, off-grid communities. SteamaCo’s smart technology allows solar micro-grid owners to monitor their performance remotely and capture consumer payments via mobile money platforms, thereby overcoming the traditional challenges of keeping grids working reliably and profitably.
Friday, June 19, 2015 — Sub-Saharan Africa

Samsung Delivers Accessible Healthcare to Hammanskraal

Source: IT-Online

Samsung Electronics South Africa is addressing the need to provide accessible healthcare services in the Ga-Ramotse community in Hammanskraal. As part of its commitment to the communities in which Samsung serves, the organisation donated a Solar Powered Health Centre (SPHC). The SPHC supplies a variety of screenings, equipment and offers treatment to members of the community in need.
Friday, June 19, 2015 — Sub-Saharan Africa

New App Helps Farmers in Kenya Find Climate-Smart Seeds

Source: The Christian Science Monitor

A new app launched in Kenya June 10 could help millions of farmers adapt to climate change by offering information on the best seeds for changing growing conditions, agriculture experts said.
Friday, June 19, 2015 — No Region Specified

Ford Shifts Grant Making to Focus Entirely on Inequality

Source: The Chronicle of Philanthropy

The fight against inequality will take center stage at the Ford Foundation under a sweeping overhaul announced today by the nation’s second biggest philanthropy.
Friday, June 19, 2015 — Sub-Saharan Africa

Rwanda: MTN, Western Union Sign Mobile Money Transfer Deal

Source: All Africa

It will now be easy for Rwandans living abroad to send money to their relatives back home following the launch of a new mobile money transfer service by MTN Rwanda and Western Union, a global money transfer service firm.
Thursday, June 18, 2015 — Sub-Saharan Africa

Philips launches innovative ultrasound to boost healthcare access for South African mothers

Source: Media Update

Royal Philips has launched a new ultra-mobile ultrasound system VISIQ to the South African market. The size of a tablet, the VISIQ is the first ultra-mobile system from Philips.
Thursday, June 18, 2015 — South Asia

Solar power enterprise gives light, livelihood to the poor

Source: Inquirer.net

In the slums of Tondo, Manila, hope flickers in broad daylight for poor communities in the form of solar power technology. Amid makeshift houses, piles of garbage and mud-covered walkways, young mothers are operating a container van which has been transformed into a renting station of solar-powered rechargeable lamps in Sitio Damayan (Smokey Mountain).
Thursday, June 18, 2015 — Sub-Saharan Africa

Want international growth? Africa's set to double pharma sales in 5 years

Source: Fierce Pharma

Pharma growth in China may be slowing and Europe stalling, but there's one area where drugmakers might actually achieve some big growth, according to McKinsey & Co. That's Africa, a mere $4.7 billion market in 2003 and $20.8 billion a decade later.
Thursday, June 18, 2015 — Sub-Saharan Africa

SACCOs Seek Speedy Regulation in Uganda

Source: New Vision

Savings and Credit Co-operatives (SACCOs) leaders have asked government to fast track regulation for microfinance institutions in the country in order to attract more people to use their services and protect clients.
Thursday, June 18, 2015 — South Asia

TPC the First Microfinance Institution in Cambodia Certified for Commitment to Client Protection

Source: The Smart Campaign

Thaneakea Phum Cambodia (TPC) has been formally recognized as “Client Protection Certified” by the Smart Campaign for meeting strong standards of client care. TPC is the first microfinance institution in Cambodia to be awarded this prestigious certification and one of the 10 MFIs pursuing such recognition supported by funding from the French Development Agency (AFD) under the "Client Protection Initiative" project Implemented by Cambodia Microfinance Association (CMA).
Thursday, June 18, 2015 — South Asia

Aavishkaar Raises Rs 500 crore for Foreign Investments

Source: The Economic Times

Aavishkaar, India's biggest social entrepreneurship focused venture capital fund, would be investing about Rs 500 crore ($75 million) in start-ups from Pakistan, Bangladesh, Sri Lanka and Indonesia.
Thursday, June 18, 2015 — No Region Specified

Solving Complex Social Problems Through Collaboration

Source: Harvard Business Review

Geneva Global, a tiny but mighty philanthropic consulting firm that specializes in international development, is helping to change the world from its small suburban corner of Wayne, Pa. With a team of just 52 staff members, they are quietly igniting social good on a global scale through the repetitive flexing of an approach called dumbbell collaboration.
Thursday, June 18, 2015 — South Asia

Bandhan Bank Is Born: Chandra Shekhar Ghosh's Incredible Journey From a Sweet Shop to Owning a Bank

Source: Firstpost

In most Indian languages, the word Bandhan means bond or togetherness. His bond with the credit-deprived poor in Eastern India’s villages and a Rs 2 lakh loan were the initial capital for Chandra Shekhar Ghosh, the son of a small sweet-shop owner from Bengal, to begin a microfinance institution, Bandhan Financial Services Ltd, and grow it to a private bank in less than 15 years.
Thursday, June 18, 2015 — No Region Specified

The Real FinTech Capitals of the World

Source: Asia Outlook

What is the FinTech capital of the world? London? New York? Silicon Valley? It’s actually somewhere in Africa or Asia if you heed the results of this year’s Payments Innovation Jury Report.
Thursday, June 18, 2015 — No Region Specified

Closing the Financial Inclusion Gender Gap

Source: Huffington Post

While financial inclusion is growing for everyone, women tend to lag men by seven percentage points globally - in emerging markets, the difference is nine percentage points on average and can be as high as 18 percentage points in South Asia.
Thursday, June 18, 2015 — Sub-Saharan Africa

Africa: Gates Foundation Changes Focus to 'Last Mile' of Delivery

Source: allAfrica

AllAfrica's Juanita Williams andMelissa Britzinterviewed Dr Ayo Ajayi, the director of the Bill and Melinda Gates Foundation's Africa Team, about the foundation's new approach to working with the continent.
Thursday, June 18, 2015 — No Region Specified

Report: Nine global drivers of mobile money, as consumers embrace e-commerce and mobile banking

Source: Vanllla Plus

New report, based on a study of 15,000 mobile media users across 15 countries, shows that mobile banking continues to engage consumers – especially in mobile first markets.
Thursday, June 18, 2015 — Sub-Saharan Africa

What Nestlé Forgot to Mention When Giving Its Reasons for Scaling Down in Africa

Source: Quartz

Five years ago, Nestlé announced its bold expansion plan for the sub-saharan Africa region: a $161 million investment to build three new factories and 13 new distribution facilities. The desired outcome? Increased sales for the food multinational and 750 new jobs for the 21 countries in the region. This plan was inspired by the much-talked about economic revival of Africa and its “rising middle class”.
Thursday, June 18, 2015 — No Region Specified

Thread Raises $3.5 Million Round for Clean Textile Innovation

Source: Tech.Co

Thread, a Pittsburgh-based startup dedicated to creating dignified jobs in the developing world, recycles plastic into socially responsible fabric.
Wednesday, June 17, 2015 — No Region Specified

This High-Tech Vision Test Could Make the World See 20/20

Source: Next City

While providing charity eye care in Haiti, Joel Kassalow noticed that a complex eye-testing machine was essential, unwieldy and too costly to buy in multiples — and it became a bottleneck in giving people necessary care. So he offered an innovation he’d created at his company, Smart Vision Labs: a version of the same machine at one-fiftieth the weight and one-hundredth the cost.
Wednesday, June 17, 2015 — No Region Specified

Visualizing stagnation: Funding stalled for global health

Source: Humanosphere

There’s plenty of moral and rhetorical support for fighting diseases of poverty, but if you look at global health spending trends lately the story is one of stagnation, or even decline.
Wednesday, June 17, 2015 — Asia Pacific

In Global Fight Against HIV, China’s Circumcision Device Makes the Cut

Source: Wall Street Journal

China wants a bigger slice of the global health market and it has a new tactic for getting it: circumcision.
Wednesday, June 17, 2015 — No Region Specified

Towards Low Carbon Growth at the Bottom of the Pyramid

Source: The Hindu Business Line

The bottom of the pyramid, which constitutes more than 42 per cent of the global population, is the most vulnerable to climate change risks. The recent disasters that shook Nepal, Bihar and washed away parts of Uttarakhand left us staring at this fact. In these events, the mass majority who were affected were from the poorer socio-economic group. An increasing frequency of epidemics and diseases in this group only make matters worse.
Wednesday, June 17, 2015 — Sub-Saharan Africa

Apollo Plans to Assist Lesotho in Healthcare Sector

Source: The Economic Times

India's leading healthcare chain Apollo Hospitals is looking to engage with the southern African country of Lesotho to assist it in capacity building in the healthcare sector.
Wednesday, June 17, 2015 — No Region Specified

Double Duty Dollars: Behind the Crazy Idea That Investors Can Make Money and Change the World at the Same Time

Source: Forbes

In 2001, after 29 years cultivating Napa’s Silver Oak Cellars and its iconic cabernet sauvignon, Justin and Bonny Meyer sold their 50% stake to partner Ray Duncan for $110 million. With Justin’s health iffy, they hoped it would give them more time together forphilanthropy and to build their newer winery, Meyer Family Cellars. But just eight months later Justin died of a heart attack at 63, leaving Bonny, then 52, to manage the money and their shared charitable mission.
Wednesday, June 17, 2015 — No Region Specified

Merck Manuals Health Guides Go Digital, and Free, in Global Push

Source: Reuters

Merck Manuals, the widely used health guides provided by drugmaker Merck & Co, are moving to a digital-only format in 10 different languages as part of an effort to educate the global community on medical issues.
Wednesday, June 17, 2015 — Sub-Saharan Africa

Ecobank/MasterCard Partner to Expand Payments in Africa

Source: PYMNTS

MasterCard announced on June 15 a new partnership with Ecobank to push electronic payments over the next 10 years in 32 sub-Saharan African countries – where, according to Michael Miebach, MasterCard President, Middle East and Africa, 90 percent of transactions are made in cash.
Wednesday, June 17, 2015 — South Asia

ADB to Increase Lending to Support India’s New Initiatives

Source: Asian Development Bank

Asian Development Bank (ADB) President Takehiko Nakao today met with India’s Finance Minister Arun Jaitley to discuss ADB’s partnership with India. Mr Nakao also met with Minister of Urban Development, M. Venkaiah Naidu and discussed ADB’s support to the government’s new urban initiatives. He stressed that ADB is committed to strengthening its support to India’s new initiatives that target increased economic growth and reduced poverty.
Wednesday, June 17, 2015 — No Region Specified

People Are Finally Talking About the Thing Nobody Wants to Talk About

Source: NPR

When Elynn Walter walks into a room of officials from global health organizations and governments, this is how she likes to get their attention:
Wednesday, June 17, 2015 — South Asia

Aavishkaar raises $75 million for foreign investments

Source: Economic Times

Aavishkaar, India's biggest social entrepreneurship focused venture capital fund, will be investing about Rs 500 crore ($75 million) in start-ups from Pakistan, Bangladesh, Sri Lanka and Indonesia.
Wednesday, June 17, 2015 — Asia Pacific

$100 Million for Social Startups in Australia

Source: Pro Bono Australia

Socially and environmentally conscious startups are set to benefit from the creation of the new $100 million Impact Investment Funds - said to be one of Australia’s biggest.
Wednesday, June 17, 2015 — Asia Pacific

U.S. startup combines Bitcoin with Islamic microfinance in Indonesia

Source: Gulf Times

Founded in San Francisco and recently moved to Jakarta, a financial startup called Blossom aims at nothing less than shaking up the microfinance sector in Indonesia.
Wednesday, June 17, 2015 — No Region Specified

Surgical Intervention: How to Improve Access to Surgical Care in the Developing World

Source: APPS Policy Forum

Access to surgical and anaesthetic care is an essential, but often forgotten, component of health care in the developing world.
Wednesday, June 17, 2015 — No Region Specified

Nine mobile money trends: Consumers embrace ecommerce and banking via mobile

Source: Net Imperative

A new report reveals nine significant mobile money trends and explores how they are stimulating growth across the expanded mobile ecosystem.
Wednesday, June 17, 2015 — Sub-Saharan Africa

Remedy for a Trillion Dollar Problem?

Source: Devex

Africa is bleeding. But it’s not a physical wound, it’s a financial one, and it’s allowing more to leave in illicit flows — money that is illegally transferred, earned or utilized — than the amount received in development aid. Though the loss is coming out of Africa and other developing regions, the Band-Aid that could stop the bleeding is in the hands of a small group of rich countries.
Tuesday, June 16, 2015 — South Asia

Survey: Majority of population exposed to unsafe drinking water

Source: Pakistan Today

The majority of the population in Pakistan is exposed to the hazards of drinking unsafe and polluted water from both surface and ground water sources.
Tuesday, June 16, 2015 — Sub-Saharan Africa

The shipping containers tackling South Africa's chronic childcare shortages

Source: The Guardian

A social enterprise operating out of repurposed shipping containers is helping to tackle Cape Town’s lack of childcare facilities.
  • Managing Partners

    William Davidson Institute
  • Sponsoring Partner

    Citi Foundation
  • Content Partners

    IADB
Subscribe to Our E-Newsletter

Email:  
For Email Marketing you can trust

Found an Article we're Missing?Found an Article we're Missing?

Submit An Article

TrendingTrending

Social MediaSocial Media

Facebook Twitter

Story Snapshot

CLOSE