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
Wednesday, August 27, 2014 — No Region Specified

Global Health Investment Fund Leads Investment into Low-Cost Oral Cholera Vaccine for the World’s Poor

Source: GHIF News

South Korean biopharmaceutical company commits to manufacture a new and improved presentation of the vaccine at a target price of $1.00 per dose for public sector buyers.
Wednesday, August 27, 2014 — South Asia

In Bangladesh, Floating Schools, Farms, And Health Clinics Help Stay On Top Of Rising Waters

Source: Fast CoExist

Beyond island nations like the Maldives that are quickly getting submerged, no country is more threatened by climate change than Bangladesh. Sitting at the bottom of three huge rivers, much of its surface area is either covered with water, or barely above sea level. Many of its 154 million inhabitants are poor (about a quarter earn less than $2 a day) and Bangladeshis often live in structures unsuited to severe weather. Bangladesh, in short, is a climate disaster in the making. By 2030, rising water could make 20% of the country uninhabitable, forecasts show.
Wednesday, August 27, 2014 — Sub-Saharan Africa

Redesigning Birth Control in the Developing World

Source: Pacific Standard Magazine

How single-use injectable contraceptives could change family planning in Africa.
Wednesday, August 27, 2014 — No Region Specified

Impact investing soars with $12 million green bond sale by Merrill Lynch

Source: Investment News

Merrill Lynch Wealth Management advisers sold $12 million in green bonds issued by the World Bank last week, surpassing what the investment bank expected based on similar issuances a few years ago.
Wednesday, August 27, 2014 — South Asia

India telcos agree on mobile banking through SMSs

Source: Times of India

MUMBAI: Mobile companies have been persuaded by the Narendra Modi government to share a slice of their infrastructure to pave the way for basic banking services through cellphones.
Wednesday, August 27, 2014 — Sub-Saharan Africa

Airtel, Tigo claim mobile money first

Source: Mobile World Live

Two operators in Tanzania launched a service so that subscribers to their rival mobile money services can send and receive cash with one another. Airtel and Tigo claim it is the world’s first cross-network mobile money transfer service.
Wednesday, August 27, 2014 — No Region Specified

Can crowdfunding help finance the 'missing middle?'

Source: Devex

What does a social business do when they don’t have a rich uncle to help them go from microenterprise to a small- or medium-sized enterprises? The answer may be crowdfunding.
Wednesday, August 27, 2014 — South Asia

India's MFIs shift focus to urban areas

Source: Business Standard

Microfinance institutions (MFIs), which evolved as precursors of the rural thrift credit market in India, are now shifting to urban areas, with big slums in cities turning out to be cost-effective markets over small villages in far-flung locations.
Wednesday, August 27, 2014 — Sub-Saharan Africa

Rwanda: Microfinance Sector Soldiers On Despite Burden of Bad Loans

Source: All Africa

Sector experts say there is an urgent need to address challenges facing MFIs, especially by empowering the sector to enhance its capacity and performance.
Wednesday, August 27, 2014 — No Region Specified

Y Combinator Nonprofit Zidisha Changes Microfinance Equation

Source: Wall Street Journal

The nonprofit says it has figured out a way of getting a 90% repayment rate on business loans to the types of people no financial institution would trust–young people in poor African countries without as much as a permanent address.
Tuesday, August 26, 2014 — No Region Specified

Michigan Startup Wins Grant to Make Medical Devices for Developing World

Source: Xconomy

According to the U.S. Department of Commerce, 80 percent of the world’s medical equipment is designed for only 10 percent of the population. After all, what’s the point of having the latest cutting-edge device if you live in the developing world without a steady source of electricity? However, Grand Rapids, MI-based med tech startup Sisu Global Health is on a mission to help change that statistic.
Tuesday, August 26, 2014 — Sub-Saharan Africa

Ghanaian partnership to battle Cholera, Ebola through tech

Source: BiztechAfrica

The Pharmaceutical Society of Ghana (PSGH) has partnered with mPedigree Network and PopOut to launch the PREVENT initiative, which looks to employ technology to crack down on fake and counterfeit medicines.
Tuesday, August 26, 2014 — No Region Specified

The Secrets of Starbucks

Source: PSI Impact

Twenty years ago in Nepal, the first modern example of social franchising for health – the application of commercial franchising strategies to achieve public health goals – began expanding access to quality health services. This year, PSI and Marie Stopes International, two organizations that have long-employed social franchising to improve health outcomes, came together to create an online course on social franchising, with support from the U.S. Agency for International Development (USAID).
Tuesday, August 26, 2014 — South Asia

Bosch forays into healthcare segment

Source: Deccan Herald

Auto component major Bosch on Monday announced the launch of a locally developed eyecare solution in India. The company’s new eyescreening and detection system offers a combination of hardware and software and provides affordable eyecare.
Tuesday, August 26, 2014 — South Asia

Indian PM asks banks to make financial inclusion a national priority

Source: Business Standard

Indian Prime Minister Narendra Modi on Monday asked banks to make the opening of bank accounts in 70 million households this year a national priority.
Tuesday, August 26, 2014 — South Asia

A tiffin service that serves a special ‘social story’

Source: The Hindu

Her husband hasn’t spoken to her in three months, but Neetu hopes he will come around. After all, she says, working with Lunchbox 17, a tiffin delivery service in South Delhi, has completely changed her attitude. The social enterprise was launched in May by youth-run NGO Swechha and employs women from Jagdamba Camp, a slum near the organisation’s Khirki Extension offices. The initiative aims to provide employment, and eventually empowerment, to the women, and clean and tasty food to young professionals and students in the area.
Tuesday, August 26, 2014 — Sub-Saharan Africa

$75,000 Anzisha Prize for Young Entrepreneurs Announces 2014 Finalists

Source: Press Release

For the first time ever, African Leadership Academy and The MasterCard Foundation are delighted to have Anzisha Prize finalists from Togo and Ivory Coast (http://www.anzishaprize.org), revealing strong growth in entrepreneurship activity amongst youth in West Africa. Five young women are among the 12 finalists in the running for the $75,000 prize money that will be awarded on 23 September 2014, and will fly to Johannesburg from DRC, Kenya, Ghana, South Africa and Nigeria.
Tuesday, August 26, 2014 — Sub-Saharan Africa

Microfinance as a panacea to Nigeria’s unemployment challenge

Source: Business Day

As credit plays vital role in start-up and expansion of businesses, microfinance has been treated as an important tool for economic development.
Tuesday, August 26, 2014 — No Region Specified

5 Ways To Ensure Your Money Doesn't Contradict Your Social Values

Source: Forbes

It is possible to redirect your money’s social and environmental ties, even if a lack of understanding too often obscures that fact.
Monday, August 25, 2014 — Sub-Saharan Africa

‘Nigerian startups will revolutionalise healthcare delivery’

Source: Nigerian Tribune

Q: I understand that Integrated Medics helps improve health care delivery. Specifically, how do you achieve this? A; We achieve this through automation of all the process in the hospital: from record office to front desk, from consulting to admission; from store to pharmacy and from NHIS desk to payment desk. Basically, by fast-tracking the healthcare delivery system.
Monday, August 25, 2014 — Sub-Saharan Africa

Profit vs non-profit: Why this Ugandan enterprise is no longer an NGO

Source: How We Made It In Africa

Monday, August 25, 2014 — South Asia

Male Rickshaw Drivers Playing Key Role In Maternal Health Campaign In India

Source: Huffington Post

As the autorickshaws begin lining up inside the compound at 7 a.m., Vijaylakmi Sahu knows she has just 30 minutes to finish her work. Over the next half hour, Sahu works with clockwork precision. She ensures that the temperatures of the vaccines for pregnant women and children are checked before they are packed under her supervision in cold boxes. After that, three to five autorickshaws, known as the Immunization Express, head off to the villages where mothers, children and pregnant women await them.
Monday, August 25, 2014 — Sub-Saharan Africa

The Economic Case for Wiping Out Ebola

Source: BusinessWeek

On Aug. 22, the World Health Organization announced a draft strategy to combat the West African Ebola outbreak over the next six to nine months. That’s a sign that the global health body isn’t optimistic about a rapid end to an epidemic that has killed around 1,300 people so far. An extended outbreak of such a feared disease would have mounting economic costs.
Monday, August 25, 2014 — South Asia

OPINION: Formal employment remains key to financial inclusion in India

Source: Indian Express

We believe the biggest boost to financial inclusion will come from a push to higher employment in the formal sector, especially regular, salaried employment.
Monday, August 25, 2014 — No Region Specified

OPINION: How the Gates Foundation’s Investments Are Undermining Its Own Good Works

Source: The Nation

Its vast holdings in the fossil fuel and arms industries subvert the foundation’s battle against disease and poverty, says Charles Piller.
Monday, August 25, 2014 — South Asia

In India, 50% of microfinance institutions could convert to banks, says regulatory body CEO

Source: The Hindu Business Line

About half of the Microfinance Institutions Network’s 49 members could follow in the footsteps of Kolkata-based Bandhan and convert themselves into banks in the next couple of years, according to a top official.
Monday, August 25, 2014 — No Region Specified

America's First Billion-Dollar Social Enterprise?

Source: Huffington Post

It's not just the fact that TOMS received an investment from Mitt Romney's Bain Capital that was so important - it's the fact that Bain's investment now values TOMS, a social enterprise, at $625 million dollars.
Monday, August 25, 2014 — No Region Specified

Bain Capital Buys into Toms Shoes’ Social Enterprise Model

Source: Nonprofit Quarterly

Toms is a well known socially responsible business, a shoe manufacturer that donates a pair of shoes to a needy child for every pair it sells. This business model has attracted an unusual investor: Bain Capital.
Friday, August 22, 2014 — Sub-Saharan Africa

Surviving Ebola: Africa cries out for healthcare boost

Source: Reuters

Surviving sickness can make you stronger. So while a western corner of Africa writhes in the deadly grip of the Ebola virus, there are signs this emergency may serve as a wake-up call to strengthen spending and investment on public healthcare in the world's least developed continent. "If anything, I think it is teaching us something," Mustapha Sidiki Kaloko, the African Union's Commissioner for Social Affairs, told reporters in Addis Ababa this month.
Friday, August 22, 2014 — No Region Specified

Nutrition: there's no quick fix for hunger or obesity

Source: The Guardian

“It is worth remembering that nutrition didn’t feature at all in the first set of goals. It was the forgotten MDG,” says Marc Van Ameringen. As the world this week marks 500 days until the end of the millennium development goals (MDGs), I got an interview with the executive director of the Global Alliance for Improved Nutrition (Gain).
Friday, August 22, 2014 — South Asia

India's ICICI Bank plans to add more than 1.5 million accounts in FY15

Source: Business Standard

ICICI Bank-India's largest private sector bank-in a move to take ahead its financial inclusion strategy is planning to add another 1.5 million bank accounts in this financial year.
Friday, August 22, 2014 — Sub-Saharan Africa

Glo launches Nigeria’s 1st Mobile Money Agent Network - Central Bank lauds initiative

Source: Nigerian Tribune

GLOBACOM, Nigeria’s national telecommunications carrier, has launched Glo Xchange, a Mobile Money Agent Network, aimed at accelerating mobile money revolution and financial inclusion in the country.
Friday, August 22, 2014 — Sub-Saharan Africa

How Kenya's mobile money is opening up now middlemen have been set free

Source: ZD Net

A decision made by Kenya's telecoms watchdog could have profound implications for the country's mobile money market.
Friday, August 22, 2014 — South Asia

Bharti Airtel in talks with State Bank of India for mega alliance

Source: Economic Times

Days after the Reserve Bank of India introduced draft norms for small and payments banks to boost financial inclusion, the nation's largest telco and the nation's largest lender are exploring a mega alliance.
Thursday, August 21, 2014 — Sub-Saharan Africa

Glimmer of hope seen in Ebola outbreak

Source: CNN

Three health care workers who were given the experimental Ebola drug ZMapp in Liberia have shown "very positive signs of recovery," the Liberian Ministry of Health said Tuesday. Medical professionals treating the workers have called their progress "remarkable."
Thursday, August 21, 2014 — South Asia

Tata Group donates $15.5M to IIT Bombay to develop low-cost solutions for BoP consumers

Source: TechCircle.in

Indian multinational conglomerate Tata Group has donated $15.5 million (Rs 95 crore) to IIT Bombay (IIT-B) to setup a virtual centre, which would focus on developing low-cost technologies for the bottom of the pyramid (BoP) consumers, says a report in The Economic Times, quoting IIT-B director Devang V Khakhar.
Thursday, August 21, 2014 — Sub-Saharan Africa

Ebola crisis provides glimpse into Samaritan’s Purse, SIM

Source: Washington Post

Samaritan’s Purse and SIM USA were instrumental in the evacuation of two U.S. missionaries from West Africa. These religious relief groups maintain a low profile in the U.S. but are often on the front line of public health crises. Health organizations and leaders of affected areas are also working to contain the deadly outbreak. Here are the key players.
Thursday, August 21, 2014 — No Region Specified

What's The Future For Impact Investing?

Source: Fast CoExist

The biggest challenge--and opportunity--is to get the 99% involved in investing for social good.
Thursday, August 21, 2014 — No Region Specified

How China And Kenya Are Winning The Payment Wars -- And Why The U.S. Should Worry

Source: Forbes

While many Americans consider alternative payments non-essential, the rest of the world is silently surpassing us.
Thursday, August 21, 2014 — South Asia

Reserve Bank of India Deputy Governor asks bankers to be innovative on home loans

Source: The Indian Express

Reserve Bank Deputy Governor R Gandhi today asked lenders to be more financially innovative in designing home loan products and suggested creation of a periodic deposit-linked facility.
Thursday, August 21, 2014 — No Region Specified

Why social impact investing is going mainstream

Source: PBS Newshour

Social impact investing is taking off, says Pax World CEO Joseph Keefe, not simply because investors care about diversity and sustainability, but because companies focusing on those issues deliver strong long-term results.
Thursday, August 21, 2014 — South Asia

Indian MFIs lap up Narendra Modi's financial inclusion drive, plan major expansion

Source: Economic Times

MUMBAI: Enthused by the Centre's plan to open 7.5 crore bank accounts over the next few years, MFIs and other such financial institutions that are working in rural areas have charted out massive expansion plans.
Thursday, August 21, 2014 — No Region Specified

Wells Fargo creates startup accelerator to get front-row seat on financial innovation

Source: Charlotte Business Journal

Wells Fargo & Co. has established the Wells Fargo Startup Accelerator, designed for startups pursuing innovation in financial services.
Wednesday, August 20, 2014 — Sub-Saharan Africa

Power Africa: Ghana To Attract $4bn From America

Source: Ventures Africa

Recently, Ghana signed a Power Compact with the Millennium Challenge Corporation (MCC), making it the current largest American Government-funded transaction of President Obama’s Power Africa initiative.The Ghana Power Compact facilitates the investment of up to $498.2 million for the transformation of Ghana’s power sector while also stimulating private investments. Eventually, the deal is expected to raise more than $4 billion from American and global energy firms.
TAGS:solar
Wednesday, August 20, 2014 — No Region Specified

SimPrints wins £250,000 from Gates Foundation to develop fingerprint scanner

Source: BiometricUpdate.com

UK start-up SimPrints announced it has received a £250,000 grant in funding to develop a fingerprint scanner that some are calling a “game-changer” in global healthcare, according to Cambridge News.
Wednesday, August 20, 2014 — No Region Specified

Humans give malaria to mosquitoes – we need a vaccine to stop this

Source: The Guardian

On Wednesday, the world marks World Mosquito Day to commemorate the 1897 discovery by British doctor Sir Ronald Ross that malaria in people is transmitted to and from mosquitoes. Ross won a Nobel prize for his discovery, and, since then, mosquitoes have been enemy No 1 when it comes to defeating a disease that takes a life every single minute – most of them children in sub-Saharan Africa. But on this day, let’s focus on approaching malaria in a surprising new way: a vaccine to stop humans from giving malaria to mosquitoes.
Wednesday, August 20, 2014 — Sub-Saharan Africa

Sanford looks to build hundreds of Ghana clinics

Source: The Island Packet

Sanford Health is looking to open more than 300 clinics in Ghana in the next five years to treat millions of patients. The Dakotas-based health network has opened five clinics in the African nation since 2012 and broke ground last week for a sixth.The clinics have treated more than 180,000 patients.
Wednesday, August 20, 2014 — Sub-Saharan Africa

Safaricom cuts fees on low and medium value M-PESA transfers

Source: Biztech Africa

Leading integrated communications service provider Safaricom has announced a targeted reduction of transaction fees levied by the operator on its most popular person to person M-PESA transaction bands.
Wednesday, August 20, 2014 — South Asia

Financial inclusion in India may remain an unsolved puzzle for now

Source: Business Standard

Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it & what lies ahead.
Wednesday, August 20, 2014 — Sub-Saharan Africa

Bharti Airtel & VeriFone to drive Africa’s mobile money evolution

Source: IT News Africa

Bharti Airtel and VeriFone Mobile Money have reached an agreement to offer VeriFone Mobile Money’s merchant enablement applications for mobile Tap n Pay across Airtel’s 17 operating countries in Africa.
Wednesday, August 20, 2014 — Sub-Saharan Africa

Stop charging high interest rates, Bank of Ghana tells MFIs

Source: Ghana Web

Microfinance companies have been urged not to charge high, unsustainable interest rates by the Head of Other Financial Institutions Supervision Department of the Bank of Ghana (BoG), Mr Raymond Amanfu.
Wednesday, August 20, 2014 — Sub-Saharan Africa

Using mobile money to buy water and solar power in east Africa

Source: The Guardian

Mobile phones are facilitating access to utilities in poor rural communities. But do consumers have the faith to go cashless?
Wednesday, August 20, 2014 — No Region Specified

PRESS RELEASE: Toniic Announces Support from Omidyar Network

Source: Toniic

San Francisco, USA and Mumbai, India (August 18, 2014) – Toniic – a global network of over 120 action-oriented impact investors – is pleased to announce the financial support of philanthropic investment firm Omidyar Network.
Tuesday, August 19, 2014 — No Region Specified

Does emergency nutrition cripple local economies?

Source: The Guardian

Providing emergency nutrition in a way that undermines the capacity of local economies to respond to food insecurity and malnutrition themselves seems a clear violation of the 'do-no-harm' principle.
Tuesday, August 19, 2014 — Sub-Saharan Africa

Liberian Natives Work To Fight Ebola Outbreak From Boston

Source: WBUR

In Boston, some natives of Liberia are working to improve sanitation conditions and train health workers on the ground in their homeland, as the country and two of its neighbors battle a deadly Ebola outbreak.
Tuesday, August 19, 2014 — South Asia

Beyond microcredit in Nepal

Source: Republica

For Nepal's microfinance sector, the time has come to look beyond microcredit and find ways and means to turn individual entrepreneurs into small, medium and maybe big entrepreneurs over time.
Tuesday, August 19, 2014 — Latin America

Ericsson to power Mobile Money project for ASBANC in Peru

Source: Telecom Lead

Telecom equipment vendor Ericsson will design and implement the mobile money project, Peru’s largest private initiative for financial inclusion for the National Bank Association in Peru.
Tuesday, August 19, 2014 — Sub-Saharan Africa

Ending M-Pesa’s solo story

Source: Mobile World Live

M-Pesa lacks interoperability with any of the rival services run by the country’s three other operators: Airtel, Orange and yuMobile. But Safaricom is now under pressure to change its ways.
Tuesday, August 19, 2014 — No Region Specified

OPINION: A Critical New Role for the World Bank

Source: New York Times

The bank should rise to the challenges posed by remittances — a critical tool in the fight against world poverty.
Tuesday, August 19, 2014 — No Region Specified

New Bank of Ghana rules excite mobile money vendors

Source: Ghana Web

Companies in the mobile money business are in an anticipatory mood for the implementation of a new Bank of Ghana regulation on mobile payment systems, which they contend will help to boost payment transactions using the mobile phone.
Tuesday, August 19, 2014 — Sub-Saharan Africa

Zimbabwe’s Econet Wireless and the making of Africa’s first cashless society

Source: The Guardian

Will Zimbabwe be Africa’s first cashless society?Strive Masiyiwa, founder of the pan-African telecommunications company, talks about extending finance to the unbanked.
Tuesday, August 19, 2014 — Asia Pacific

Using mobile money to increase financial inclusion in Indonesia

Source: Jakarta Post

With the rapid growth of the middle-income population and a better-educated demographic bonus, Indonesia is expected to experience a more sustainable economic growth. One of the ways to achieve this is by increasing people’s involvement in the financial sector, otherwise known as financial inclusion.
Monday, August 18, 2014 — Sub-Saharan Africa

Armed Men Raid Liberia Ebola Quarantine Center

Source: Voices of America

A group of young men armed with clubs, claiming that "there's no Ebola" in Liberia, raided a quarantine center for the deadly disease in Monrovia overnight, prompting about 20 patients infected with the deadly virus to flee, a witness said Sunday.
Monday, August 18, 2014 — Sub-Saharan Africa

Mobile Midwifery Delivers Health to Ghanaian Moms

Source: womensenews.org

One mobile phone app delivers time-sensitive text messages or voicemails to pregnant women and new mothers; the other is for nurses. Together they are doing wonders for maternal and pregnancy health care and raising community awareness at the same time.
Monday, August 18, 2014 — Sub-Saharan Africa

Your Coffee Is Getting Fancier, But Is It Getting Better For The World?

Source: Fast Company

Fair-Trade certified coffee has become known as an easy way for coffee drinkers to make the world a better place for coffee growers, many of whom are among the world’s poorest people. But a study released in April 2014 seriously questions how much fair-trade certification really does for them.
Monday, August 18, 2014 — No Region Specified

Collaborative Fund, CircleUp Partner to Invest $4 Million in B Corps

Source: Wall Street Journal

New York City-based venture firm Collaborative Fund, and CircleUp, the fundraising platform for “anything but tech” startups, have partnered to invest $4 million into certified B Corps, said CircleUp co-founder Ryan Caldbeck.
Monday, August 18, 2014 — South Asia

OPINION: By making ATM transactions expensive, the Reserve Bank of India is contradicting its own stance

Source: First Biz

On Thursday, when the Reserve Bank of India (RBI) permitted banks to charge customers for using other bank ATMs more than thrice a month and that of own-banks more than five times, the apex bank was contradicting its own stated policy stance of encouraging public to alternative banking channels and, then gradually, to paperless banking.
Monday, August 18, 2014 — No Region Specified

Unilever: In search of the good business

Source: The Economist

SLEEPING in the open on top of his mansion was a nightly routine for William Lever, founder of what is now Unilever, an Anglo-Dutch consumer-goods giant. When Paul Polman became chief executive of the soap-to-ice-cream-maker in 2009 (joining from a Swiss rival, Nestlé), the Dutchman spent a night in Lever’s rooftop bed as part of a total immersion in the history of his new firm. It helped persuade him, a year later, to launch a “Sustainable Living Plan”, the name for his attempt to make Unilever the pre-eminent example of how to do capitalism responsibly, just as it had once been under Lever.
Monday, August 18, 2014 — No Region Specified

An Impact Investor's Guide to Creating Social Impact

Source: Huffington Post

There's a lot of excitement about impact investing these days. The industry's main goal, to make money while making a difference, is very enticing. However, with the lack of information on successful impact investments, it's hard to know if impact investments are truly making an impact.
Monday, August 18, 2014 — Latin America

Renewable Energy Companies to Invest $7 Billion in Chile Power

Source: Bloomberg

Renewable-energy developers plan to invest $7 billion for wind and solar projects in Chile. The government awarded 70 concessions for solar power projects and six for wind farms, the country’s Energy Minister Maximo Pacheco told reporters today in Santiago. There were more than 30 recipients.
TAGS:energy
Monday, August 18, 2014 — South Asia

Narendra Modi government to pay banks fee for pursuing financial inclusion plan in India

Source: Economic Times

MUMBAI: Government has agreed to give banks some commission for pursuing the financial inclusion plan announced by the prime minister on the Independence Day.
Friday, August 15, 2014 — North Africa and Near East

In Tehran, a Taxi's Metamorphosis Is Kafkaesque

Source: The Wall Street Journal

The husband-and-wife team of Mehdi Yazdany and Sarvenaz Heraner were cruising the streets of Iran's sprawling capital in search of targets.
Friday, August 15, 2014 — South Asia

Modi Promises Access to Banking for India's Poor

Source: The New York Times

Prime Minister Narendra Modi promised on Friday greater access to financial services for nearly 500 million Indians who do not have a bank account, many of whom are now at the mercy of money lenders who charge extortionate interest.
Friday, August 15, 2014 — South Asia

Mastercard and Indosat give 60M Indonesians access to electronic payments

Source: PYMNTS

Indonesian mobile operator Indosat is making it easier and more secure for Indonesians working abroad to send money back home to family and friends by adding the MasterCard-backed HomeSend service to its offerings, the telco said this week.
Friday, August 15, 2014 — South Asia

Cambodia's Orphan Business

Source: Al Jazeera

People & Power goes undercover to reveal how 'voluntourism' could be fuelling the exploitation of Cambodian children.
Friday, August 15, 2014 — No Region Specified

The Next Stage of Sustainable Investing

Source: Huffington Post

Investing is no longer about style boxes.
Friday, August 15, 2014 — Sub-Saharan Africa

A Fiasco At The Burial Ground, A Prank At The Shop: Covering Ebola

Source: NPR

NPR's global health correspondent Jason Beaubien tries to keep his cool when traveling abroad. But he may have set a new record for chillness.
Friday, August 15, 2014 — South Asia

Growth of independent India an amazing story; empower it by health investment: Bill Gates

Source: Economic Times India

Today, the prime minister will stand at the Red Fort to address the nation. For a generation, the Independence Day speech has been about India's mind-blowing progress - and today's will be no different.
Friday, August 15, 2014 — No Region Specified

Here's How To Give Back AND Make Money

Source: Business Insider Australia

Meet the newest investing buzzword on the block.
Friday, August 15, 2014 — South Asia

Airtel, Voda, Idea move to cash in on mobile payments in India

Source: Hindustan Times

Till a few years ago, Sachin Dhaval had to visit the collection centre of SUMUL, the Surat-based milk co-operative, to pay cash a day in advance for placing his orders.
Friday, August 15, 2014 — Sub-Saharan Africa

Uganda: Airtel introduces mobile money saving solution

Source: IT News Africa

Airtel Uganda, in conjunction with Grameen Foundation, has developed a service that will allow Village Savings and Loan Associations (VSLAs) and other forms of savings groups, such as Chamas or investment clubs, to store their group’s cash as mobile money.
Thursday, August 14, 2014 — South Asia

Largest transaction in Indian microfinance since 2010

Source: Microfinance Focus

Janalakshmi, a microfinance institution headquartered in Bangalore, announced that it had closed its Series D primary equity raise of INR 3.25 billion.
Thursday, August 14, 2014 — Sub-Saharan Africa

Kenyan corporates commit to supporting health in Africa

Source: ReliefWeb

Corporate leaders and other representatives from the private sector pledged their support for health and health development in Africa at a roundtable meeting organised by Amref Health Africa in Nairobi today.
Thursday, August 14, 2014 — No Region Specified

Students Don't Have To Drop Out To Thrive As Social Entrepreneurs

Source: Forbes

For young social entrepreneurs, fellowships such as Thiel, Ashoka, and Echoing Green provide guidance and resources that can be essential for launching their projects without having a college affiliation.
Thursday, August 14, 2014 — South Asia

Indian doctors, government launch portal to share healthcare expertise

Source: DNA

Indian-origin doctors across the globe have joined hands with the Indian government to launch a web portal for sharing expertise, skills, knowledge and resources with those in need of such services in India.
Thursday, August 14, 2014 — South Asia

China and India's Growing Inequities in Access to Health Care

Source: Diplomatic Courier

China and India collectively represent more than 35 percent of humanity. Both countries have lifted hundreds of millions of people out of poverty in the last two decades. However, the developmental challenges that India and China have yet to surmount are mammoth. The public health sector is a crucial part of this challenge.
Thursday, August 14, 2014 — Sub-Saharan Africa

Embattled African Bank gets bailed out

Source: Business Day Live

AFRICAN Bank has been bailed out as the Reserve Bank said on Sunday it would pay R7bn for its bad loan book, which allows it to continue lending and safeguards its retail deposits.
Thursday, August 14, 2014 — Sub-Saharan Africa

Why Less is More for the Health of Africa’s Hospitals

Source: PDandD Magazine

The rural health clinic in Kimalamisale, Tanzania, sits at the end of a rutted sandy road some 160 miles from the nearest large town.
Thursday, August 14, 2014 — Sub-Saharan Africa

OPINION: Microloans for consumption spell ruin

Source: Financial Mail

AFRICAN Bank may have been the first to fall, but this is just one part of a tragic story that concerns all microlenders who provide cash loans to fund consumption, which affects SA much more broadly and deeply than the collapse of a single business.
Thursday, August 14, 2014 — Sub-Saharan Africa

Uganda, Tanzania latest to welcome Diaspora Mobile Money transfer service

Source: Tech Moran

The Diaspora Mobile money transfer service from Rapid Communications’ is now in Uganda, Tanzania and Senegal only a month after it was unveiled in Kenya.
Wednesday, August 13, 2014 — South Asia

Indians are about to outnumber Americans on the internet

Source: Quartz

There will be more Indians on the internet by the end of this year than there are Americans, according to Rajan Anandan. He should know; Anandan heads up Google in India.
Wednesday, August 13, 2014 — South Asia

Random decisions in pharma pricing bad for India’s health

Source: Economic Times India

On July 10, the National Pharmaceutical Pricing Authority (NPPA) arbitrarily fixed prices for all anti-diabetic and cardiovascular drugs outside the scope of the Drug Price Control Order (DPCO) 2013, with no warning to manufacturers.
Wednesday, August 13, 2014 — No Region Specified

Stopping Disease With A Simple Innovation: New Floors

Source: Fast CoExist

A Stanford University student re-invents an ancient earthen material--adobe--to work well in a country where dirt floors can cause death.
Wednesday, August 13, 2014 — South Asia

Full financial inclusion can boost India’s GDP by 0.9%, says report

Source: Business Standard

British brokerage Barclays today said returns from financial inclusion, in the form of savings through reduced leakages, better tax collection and improved savings, would be much higher than the cost incurred.
Wednesday, August 13, 2014 — Sub-Saharan Africa

Ebola and ethics: Are rich nations doing enough to fight the outbreak?

Source: The Christian Science Monitor

The Ebola outbreak in West Africa is a matter of justice and ethics, experts said Tuesday. This has to do with medical testing and international funding.
Wednesday, August 13, 2014 — Latin America

Economic growth and 'something else' to address inequality

Source: Devex

How can fast-growing developing economies close the inequality gap and ensure that economic growth is followed by structural transformation that not only reduces poverty but also improves access to opportunities, promotes mobility and enhances social capital? They need to find ways to provide growth and “something else” or opportunities for social cohesion and mobility for those at the bottom of the pyramid, Julie T. Katzman, executive vice president and COO at the Inter-American Development Bank said during an interview with Devex on the sidelines of the event in Paris.
TAGS:IDB
Wednesday, August 13, 2014 — Sub-Saharan Africa

African mobile money technology expands in Europe

Source: New Vision

Africans have long used technology developed abroad, but now a Kenyan cash transfer network which bypasses banks is being adopted in Europe.
Wednesday, August 13, 2014 — South Asia

How to make financial inclusion work for women in India

Source: Financial Express

A striking thing in the BJP’s maiden budget was integrating gender in the macroeconomic policy framework.
Wednesday, August 13, 2014 — Sub-Saharan Africa

Ebola outbreak spreads fear in rural Sierra Leone

Source: Enquirer

Weeks under the strain of bad news, much uncertainty and no direct support are taking a toll on rural towns like Rotifunk, in Bumpeh Chiefdom, the focus of my all-volunteer nonprofit Sherbro Foundation Sierra Leone.
Wednesday, August 13, 2014 — Latin America

Genius in Microfinance - Reflections on Pancho Otero

Source: Huffington Post

In a recent retrospective, Rich Rosenberg called Pancho Otero, the founding leader of Bolivia's Prodem and BancoSol, a genius. Elisabeth Rhyne tell the story of who Otero was and what he accomplished.
Wednesday, August 13, 2014 — South Asia

Indian micro-lenders to open 30 million bank accounts by Aug 2015

Source: Live Mint

Microfinance companies have committed to opening at least 30 million bank accounts within a year through tie-ups with banks as part of the government’s ambitious financial inclusion plan likely to be announced on Independence Day.
Tuesday, August 12, 2014 — South Asia

Banking correspondents risking lives to bring financial inclusion to India

Source: LiveMint

In Bihar alone, at least 14 attacks on bank kiosk operators have been reported in the last two years
Tuesday, August 12, 2014 — Sub-Saharan Africa

PRESS RELEASE: Western Union Expands Collaboration with MTN Group; Launches Mobile Money Transfer Service in the Ivory Coast

Source: Market Watch

Consumers Who Subscribe to MTN Mobile Money Can Now Receive a Western Union Money Transfer Transaction on Their Mobile Phones
Tuesday, August 12, 2014 — Sub-Saharan Africa

Kenya's mobile money transactions hit KES1 trillion

Source: ITWeb Africa

Statistics from the Central Bank of Kenya indicate that Kenyans transferred over KES 1 trillion between January and June this year.
Tuesday, August 12, 2014 — South Asia

Indian MFIs demand more incentives for working as business correspondents

Source: Business Standard

According to survey by microfinance institution network (MFIN), published in February this year, nine out of 14 MFIs closed their operation as BCs in the recent past.
Tuesday, August 12, 2014 — South Asia

Direct cash transfers will reduce corruption in India, says Reserve Bank governor

Source: Economic Times India

Reserve Bank of India governor Raghuram Rajan made a strong pitch for direct cash transfers to the poor, saying this would help reduce corruption by breaking the "cycle of dependence".
Tuesday, August 12, 2014 — No Region Specified

OPINION: Ebola shows the need to rethink global public health

Source: Montreal Gazette

NEW YORK - The horrific Ebola epidemic in at least four West African countries (Guinea, Liberia, Sierra Leone and Nigeria) demands not only an emergency response to halt the outbreak; it also calls for rethinking some basic assumptions of global public health.
Tuesday, August 12, 2014 — South Asia

India's Welcome Reform Of Its Ghastly Food Aid Program

Source: Forbes

India is making essential changes to the way that it operates its food aid program for the poor.
Tuesday, August 12, 2014 — Sub-Saharan Africa

South African Medical Research Council and PATH launch new Global Health Innovation Accelerator

Source: AfricanBrains

The new South Africa-based Global Health Innovation Accelerator (GHIA) launching today will speed the development and introduction of sustainable, high-impact health technologies that can save the lives of vulnerable women and children in South Africa and beyond.
Tuesday, August 12, 2014 — No Region Specified

Dengue vaccine is just a year away, researchers say

Source: SciDev.Net

A new vaccine that can halve the number of dengue cases provides a welcome shot to fight a deadly disease that infects around 390 million people every year in the tropics.
Tuesday, August 12, 2014 — South Asia

How far off are drones in the delivery of rural care?

Source: Healthcare Dive

A Silicon Valley startup called Matternet is pioneering a pilot program that uses drones to connect rural care providers with major hospitals in Bhutan.
Tuesday, August 12, 2014 — Sub-Saharan Africa

WHO backs use of experimental Ebola drugs in West Africa outbreak

Source: Reuters

It is ethical to offer unproven drugs or vaccines to people infected or at risk in West Africa's deadly Ebola outbreak, a World Health Organisation panel of medical ethics experts ruled on Tuesday, but cautioned supplies will be limited.
Tuesday, August 12, 2014 — No Region Specified

A Few Simple Tricks Make Starting A Business Overseas Cheap And Easy

Source: Fast CoExist

Zoe Cohen produces her Zoko Bags from Kenya. Here's how she got her start as a destination entrepreneur.
Monday, August 11, 2014 — No Region Specified

A qualified success for the Peterborough prison social impact bond

Source: ThirdSector

Not everyone is confident about the prospects for replicating what might prove to be a one-off experiment, says Stephen Cook
Monday, August 11, 2014 — No Region Specified

Novartis aims to improve healthcare access in developing nations

Source: The Guardian

Novartis has trained more than 500 health educators and supervisors, addressing healthcare issues for remote communities in emerging markets
Monday, August 11, 2014 — South Asia

RuPay cards to replace Aadhaar in welfare scheme authentication in India

Source: Economic Times India

The finance ministry has decided to limit Aadhaar's role in its welfare scheme payments and, instead, use ATM-enables RuPay cards for last-mile authentication to withdraw money.
Monday, August 11, 2014 — Sub-Saharan Africa

Ebola virus: Liberia health system 'overtaxed'

Source: BBC News

Liberia's information minister has admitted that the country's health care system has been overwhelmed by the spread of the deadly Ebola virus.
Monday, August 11, 2014 — No Region Specified

An easier way to manipulate malaria genes

Source: MIT News

New approach to knocking out parasite’s genes could make it easier to identify drug targets.
Monday, August 11, 2014 — South Asia

Apollo Hospitals to expand footprint with hub and spoke model

Source: Business Standard

Apollo Hospitals Ltd is actively looking at expansion with the hub and spoke model and harnessing the telemedicine technology.
Monday, August 11, 2014 — South Asia

Ideas for a financially inclusive India

Source: Deccan Herald

The Prime Minister is expected to outline a policy on financial inclusion in his maiden speech from the ramparts of Red Fort on August 15, 2014.
Monday, August 11, 2014 — Sub-Saharan Africa

Ebola virus: Vaccine 'should be ready for 2015', WHO says, as GSK plays down timing

Source: The Independent

An Ebola vaccine should be ready for public use by 2015, the United Nation’s health agency has said.
Friday, August 08, 2014 — Sub-Saharan Africa

Nigeria: Airtel unveils Airtel Insurance

Source: IT News Africa

Airtel Nigeria has collaborated with MicroEnsure and Cornerstone Insurance in order to launch its latest, free insurance product.
Friday, August 08, 2014 — South Asia

India has big plans for healthcare and pharma

Source: PM Live

The rumblings of an Indian healthcare earthquake have been gathering pace for some years but the arrival of a new government with a mandate of progressive reform promises to make the earth move for pharma.
Friday, August 08, 2014 — South Asia

Rocket Internet raises $445 million to invest in mobile payments in emerging markets

Source: Internet Retailer

Philippine Long Distance Telephone Company is purchasing a 10% stake in Rocket, a German e-commerce investment firm. The deal will combine the Philippines telecom operator’s mobile expertise with Rocket's global e-commerce and web services footprint.
Friday, August 08, 2014 — Sub-Saharan Africa

Why the Ebola Vaccine Won't Be Administered in Africa

Source: Newsweek

The earliest the world can expect a vaccine to curb spreading of Ebola in West Africa is about a year away, scientists say.
Friday, August 08, 2014 — Sub-Saharan Africa

Will Obama’s “New Africa” Deliver on Its Promises?

Source: IPS News

WASHINGTON, Aug 7 2014 (IPS) - As the three-day U.S- Africa Leaders Summit here drew to a close Wednesday, experts across the private, public and non-profit sectors continued to debate the opportunities and obstacles posed by the U.S’ expanding business partnership with Africa.
Friday, August 08, 2014 — No Region Specified

In a First Test for Social Impact Bonds, Investors Miss the Mark for Payout

Source: Next City

Investors in a pioneering social impact bond project in the U.K. will have to wait another two years for a return on their gamble on good.
Friday, August 08, 2014 — South Asia

Micro-insurance products in India may see sea-change

Source: Business Standard

Better remuneration to distributors and policies with bigger ticket size may boost sale
Friday, August 08, 2014 — No Region Specified

The remarkable impact of secondary education on women’s health

Source: Humanosphere

For the first time, there is strong evidence to support the claim that girls education is a great investment. But it goes further than that. Secondary education might be the best way to improve the health of both mothers and their children.
Friday, August 08, 2014 — No Region Specified

US criticised over increased private sector investment in Africa

Source: The Guardian

New Alliance agriculture initiative risks prioritising profit over people and pushing poor farmers further into poverty
Thursday, August 07, 2014 — No Region Specified

OPINION: Why Global Health Researchers Should Climb Down From the Ivory Tower

Source: Forbes

In the late 1970s, the Chicago Police Department noticed that the city’s crime rate increased when cops stopped walking the beat and started driving around in patrol cars instead.
Thursday, August 07, 2014 — Sub-Saharan Africa

Investing in Health: African Countries Expand Domestic and Innovative Financing

Source: Huffington Post

This week, President Barack Obama is hosting the first ever U.S.-Africa Leaders Summit in Washington, D.C., welcoming leaders from across the African continent to discuss trade and investment, with an eye toward security, peace and democratic development. Importantly, these high-level meetings will also include discussions of the future of global health investments and the U.S.-Africa partnership in reaching an AIDS-free generation.
Thursday, August 07, 2014 — Sub-Saharan Africa

World Bank Group Commits US$ 5 Billion to Boost Electricity Generation in Six African Countries

Source: World Bank

The World Bank Group today committed $5 billion in new technical and financial support for energy projects in six African countries-- Ethiopia, Ghana, Kenya, Liberia, Nigeria, and Tanzania—which have partnered with President Obama’s Power Africa initiative.
Thursday, August 07, 2014 — Sub-Saharan Africa

Zimbabwe: Telecoms Firms Embrace Innovation to Survive

Source: AllAfrica

AS technological convergence redefines business models across nearly every industry, mobile telecommunications companies have shown a growing appetite for innovation in order to survive and thrive in a fast-paced and unpredictable environment.
Thursday, August 07, 2014 — Sub-Saharan Africa

As America Turns Its Gaze Toward Africa, It Has The Chance To Promote A New Model Of Investment

Source: Huffington Post

This week U.S. investors and African leaders from the African continent will converge on Washington D.C. for the inaugural US - Africa Leader's Summit.
Thursday, August 07, 2014 — No Region Specified

Red Cross experiments with a very different money remittance approach

Source: PYMNTS

When Red Cross workers are helping with disaster relief in the middle of war-torn areas or natural disasters, the last thing they need to deal with are money-transfer headaches to secure critical supplies and services.
Thursday, August 07, 2014 — No Region Specified

PEPFAR and CIFF Launch $200 million Accelerating Children's HIV/AIDS Treatment Initiative (ACT) to Save Lives

Source: PEPFAR

Today, the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR), in partnership with the Children’s Investment Fund Foundation (CIFF), launched Accelerating Children’s HIV/AIDS Treatment (ACT).
Thursday, August 07, 2014 — South Asia

Indian Banks to ensure minimum remuneration to business correspondents

Source: Business Standard

Over 220,000 BCs had been appointed by banks after the RBI pushed this as a cost-effective way of extending banking services to the unbanked villages
Thursday, August 07, 2014 — No Region Specified

Meet the Bots That Knew Ebola Was Coming

Source: TIME.com

Online technology has improved the ability to detect and track outbreaks
Thursday, August 07, 2014 — No Region Specified

PRESCRIPTIONS: Health solutions lie in effective partnerships

Source: The Daily Mail

Anyone working in the public health sphere knows that things are looking up when a group of experts deliberating over solutions to diseases go beyond the rhetoric and come up with unique and easily applicable ideas.
Wednesday, August 06, 2014 — No Region Specified

3 Startups Offer New 'Microloan' Options for Entrepreneurs With Big Ambitions

Source: Entrepreneur

In the United States, a whopping 543,000 new businesses are launched each month. Sadly, half of all start-ups aren’t able to keep their doors open for more than five years. The failure of many small businesses is due, in large part, to lack of funding.
Wednesday, August 06, 2014 — Sub-Saharan Africa

How other countries are scrambling for Africa alongside the U.S.

Source: The Washington Post

This week in Washington, dozens of African heads of state are converging for a landmark series of meetings with U.S. officials and businesses.
Wednesday, August 06, 2014 — Sub-Saharan Africa

Science focus urged at first US-African leaders summit

Source: SciDev.Net

Science and technology must be at the heart of the debate at the first-ever US-Africa Leaders Summit that starts today, policy experts argue, as they call for 100,000 new science graduate places in the United States for Africans over the next ten years.
Wednesday, August 06, 2014 — No Region Specified

Unitus crosses $1 bn mark in capital raised

Source: Business Standard

Unitus Capital, an investment banking firm focussed on meeting the financing needs of impact entrepreneurs serving the bottom of the economic pyramid, has announced that it has crossed the $1 billion mark in raising funds.
Wednesday, August 06, 2014 — Sub-Saharan Africa

The Caterpillar Foundation Announces $11 Million in Investments for Africa's Future Through Water, Energy and Women

Source: Market Watch

Foundation's focus on corporate social innovation helps put people on the path to prosperity
Wednesday, August 06, 2014 — Sub-Saharan Africa

What’s the Real Risk of the West African Ebola Outbreak?

Source: Dalberg

Ebola’s deadly sweep across West Africa has raised global alarm: Nigeria recently became the fourth country affected by the virus when a traveler fell ill and died in Lagos after flying there from Monrovia.
Wednesday, August 06, 2014 — Sub-Saharan Africa

GE Foundation Commits $20-Million to Maternal and Child Health in Africa

Source: Philanthropy

The GE Foundation will spend an additional $20-million over the next five years to advance maternal and child health in Africa, an expansion of its existing global health development program, officials say.
Wednesday, August 06, 2014 — No Region Specified

Social Enterprises Raise Money Through Direct Public Offerings

Source: Forbes

Looks like there’s a growing interest among social enterprises in a capital-raising method called Direct Public Offering (DPO).
Wednesday, August 06, 2014 — Sub-Saharan Africa

U.S. wants Nigeria to take economic leadership in Africa

Source: The Guardian Nigeria

The United States government has expressed the expectation of Nigeria to lead the African continent into economic advancement.
Tuesday, August 05, 2014 — No Region Specified

OPINION: New World Bank safeguards are pushing more money out the door at the expense of the poor

Source: Devex

Last week, the World Bank released a draft of its proposed new environmental and social safeguards.
Tuesday, August 05, 2014 — No Region Specified

Social Entrepreneurs Need to Think Beyond the Business

Source: Huffington Post

In the past few years, the social enterprise space has evolved rapidly from a concept that required explanation to a trend everyone is eager to join.
Tuesday, August 05, 2014 — No Region Specified

‘While the US may be late to the party, it has a lot to offer Africa’

Source: HowWeMadeItInAfrica

Africa offers US multinationals a compelling trade and investment opportunity thanks to the rapid economic growth rates being experienced across the continent along with burgeoning population growth and increasing urbanisation, according to South African-based Standard Bank.
Tuesday, August 05, 2014 — Sub-Saharan Africa

Mobile Money Grows In Africa But Hurdles Remain

Source: Gulf Business

Industry players say a fragmented and tough regulatory environment is holding the mobile money industry back.
Tuesday, August 05, 2014 — South Asia

Target 'zero': Going full force against malaria in Asia

Source: Devex

Anti-malaria efforts have been gaining significant traction and progress in the past couple of years, particularly in Africa, with a 54 percent decline in child malaria deaths.
Tuesday, August 05, 2014 — Sub-Saharan Africa

Ebola risk unheeded as Guinea's villagers keep on eating fruit bats

Source: The Guardian

Health workers struggle to separate myth from reality of Ebola as residents say abandoning tradition is out of the question
Tuesday, August 05, 2014 — No Region Specified

PRESS RELEASE: USAID and Rockefeller Foundation Announce $100 Million Global Resilience Partnership in Africa and Asia

Source: USAID

?WASHINGTON, D.C. - The U.S. Agency for International Development (USAID) and The Rockefeller Foundation announced today a $100 million Global Resilience Partnership that lays out a bold new vision for building resilience to chronic stresses and increasing shocks in communities across Africa and Asia.
Tuesday, August 05, 2014 — No Region Specified

Circumcision cuts risk of HIV infection, experts say

Source: SciDev.Net

[MELBOURNE] Getting men to choose voluntary circumcision is seen as essential in preventing new cases of HIV infection in heterosexual men and women.
Tuesday, August 05, 2014 — Sub-Saharan Africa

Mobile tech on the Africa health frontier

Source: Politico

Billions have been spent to bring AIDS medicines to patients in Africa, but a technology with just as much lifesaving potential can be had for pennies: the text message.
Tuesday, August 05, 2014 — No Region Specified

Meet the Tiny Company Behind the Experimental Antibodies for Ebola

Source: ABC News

The companies manufacturing an experimental drug treating two American Ebola patients aren't among the largest multinational pharmaceuticals in the world. In fact, leading the effort is a small nine-employee firm in San Diego.
Monday, August 04, 2014 — Sub-Saharan Africa

Obama's Africa legacy moment?

Source: Devex

U.S. President Barack Obama’s visit to three African countries last summer might have been dubbed the “trade not aid” tour.
Monday, August 04, 2014 — No Region Specified

OPINION: On AIDS: Three Lessons From Africa

Source: The New York Times

An AIDS fable: Once upon a time, in the years after AIDS went from being a death sentence to a manageable disease, at least for people rich enough to take antiretroviral therapy, many of the people who ran the world believed that these medicines weren’t appropriate for residents of very poor countries.
Monday, August 04, 2014 — South Asia

Will Indian PM Narendra Modi's financial inclusion plan use Aadhaar for authentication?

Source: Economic Times India

NEW DELHI: In less than two weeks, PM Narendra Modi is expected to announce a new Financial Inclusion drive.
Monday, August 04, 2014 — Sub-Saharan Africa

What Vodacom has learned from M-PESA’s initial failure in South Africa

Source: Gadget

Following a disastrous South African launch in 2010, Vodacom has redesigned and re launched m-pesa, the mobile money service that has transformed the Kenyan economy. ARTHUR GOLDSTUCK considers its chances of success.
Monday, August 04, 2014 — Sub-Saharan Africa

African entrepreneurs turning to crowdfunding

Source: DW

The banks wouldn't give him a loan, so Cameroonian Georges Badjangs approached a crowdfunding platform. Although relatively unknown in Africa, this alternative source of finance is helping his firm grow.
Monday, August 04, 2014 — No Region Specified

The Countries Where Human Progress Is Fastest and Slowest

Source: Mashable

The United Nations Development Programme (UNDP) published its annual Human Development Report, which focuses on human vulnerability worldwide, last week.
Monday, August 04, 2014 — Sub-Saharan Africa

Ebola virus: Britain's top doctor accuses drug firms of dragging their heels in finding vaccine

Source: Mirror

Professor John Ashton said the pharmaceutical industry was being slow because it had only affected Africa and not the Western world
Friday, August 01, 2014 — No Region Specified

U.S. under pressure to give potentially life-saving medication the green light as experts warn of global pandemic

Source: The Daily Mail

Health campaigners are today calling for U.S. authorities to speed up their approval of a new drug hoped to be the first cure for the deadly Ebola virus.
Friday, August 01, 2014 — No Region Specified

Impact Investing’s Image Problem

Source: FinancialAdvisor mag

Steve Schueth, president of First Affirmative Financial Network, offered an analogy that made the usual invest-to-make-money-first-and-then-be-philanthropic-later approach sound something like a Viking raid.
Friday, August 01, 2014 — South Asia

PRESS RELEASE: New Report on Integrated Health and Microfinance in India Shows the Way Forward

Source: Digital Journal

On July 29, 2014, Freedom from Hunger, the Microcredit Summit Campaign, and the Indian Institute of Public Health, Gandhinagar released a new report titled "Integrated Health and Microfinance in India, Volume II: The Way Forward." The report was released in advance of the South Asia Conference on Policies and Practices to Improve Nutrition Security in New Delhi, India.
Friday, August 01, 2014 — Sub-Saharan Africa

Financial market urged to target youth savings business

Source: Ghana Web

A global poverty alleviation group has come up with suggestions on how financial services providers in developing countries can tap into the huge youth savings market.
Friday, August 01, 2014 — No Region Specified

Banking For The Poor: Will This Be Bill Gates' Greatest Philanthropic Achievement?

Source: Forbes

Microsoft co-founder Bill Gates has given away more than $28 billion, comfortably making him the world’s greatest living philanthropist.
Friday, August 01, 2014 — South Asia

Reserve Bank of India's move to issue differentiated banking licences is path-breaking - but challenges remain

Source: Business Today

The RBI's move to issue differentiated banking licences is path-breaking but challenges galore.
Friday, August 01, 2014 — Sub-Saharan Africa

PRESS RELEASE: Innovation Prize for Africa (IPA) 2015 now open

Source: Press Release

USD 150,000 in prizes for continent’s brightest innovators to accelerate Africa’s development. With 2000 innovators from 48 countries entering in its first three years; IPA 2015 takes investment in unleashing and supporting sustainable African led innovation past half a million USD
Friday, August 01, 2014 — Sub-Saharan Africa

WHO: Ebola Spread Outpaces Control Effort

Source: Voice of America News

The head of the World Health Organization has told the presidents of West African nations stricken by Ebola that the outbreak is moving faster than efforts to control it.
Friday, August 01, 2014 — South Asia

OPINION: The paradox that is Indian healthcare

Source: The Hindu Business Line

The best and the worst of facilities exist cheek by jowl. This glaring contradiction needs to be addressed
Thursday, July 31, 2014 — Sub-Saharan Africa

Suspected Ebola cases sent home as Liberian isolation unit fills up

Source: Reuters

An isolation unit for Ebola victims in Liberia's capital, Monrovia, is overrun with cases and health workers are being forced to treat up to 20 new patients in their homes, government officials said on Wednesday.
Thursday, July 31, 2014 — Sub-Saharan Africa

M-PESA’s back: Vodacom relaunches mobile money in South Africa

Source: htxt

Vodacom has announced that it is relaunching its M-PESA mobile money payments system today, with a new look design for South Africans.
Thursday, July 31, 2014 — Sub-Saharan Africa

Rwanda: Survival Instinct Takes Over As Banks Partner With Telecoms

Source: AllAfrica

As the fight for customers between banks and telecoms continues to grow by the day, banks have realised that the only way to ease the pressure and also stay competitive is to work with telecoms.
Thursday, July 31, 2014 — South Asia

Incofin floats ProPulse Fund to back microfinance cos, targets institutions

Source: VCCircle

Incofin has backed microfinance firms such as Annapurna, Fusion and Grameen Koota in India.
Thursday, July 31, 2014 — No Region Specified

5 Bad Reasons to Start a For-Profit Social Enterprise

Source: Harvard Business Review

Should a new social good organization choose a for-profit model or a nonprofit one? This is a question we face each year at my organization, Echoing Green, when we evaluate thousands of business plans from social entrepreneurs seeking start-up capital and support.
Thursday, July 31, 2014 — Latin America

OPINION: Brazil's Unaffordable Homes

Source: The New York Times

SÃO PAULO, Brazil — I live in Mandaqui, a district six miles from downtown. The nearest subway station is roughly two miles away, or about 30 minutes by bus, since they’re slow and scarce. It’s not the best place to live if you don’t have a car. Even so, the average price per square foot here recently soared to $250. Real estate in prime areas of the city can now cost as much as $465 per square foot.
Thursday, July 31, 2014 — South Asia

Manila Is Building Out A 100,000-Strong Network Of Electric Trikes

Source: Fast CoExist

Giving the city's three-wheeled taxi network an electric upgrade.
Thursday, July 31, 2014 — Sub-Saharan Africa

Airtel wins case against Safaricom to open up M-Pesa

Source: HumanIPO

The Communications Authority of Kenya (CAK) has ruled in favour of Airtel after the company accused its rival Safaricom of anti-competitive practice, a move coming weeks after Safaricom had decided to open up the network.
Thursday, July 31, 2014 — Sub-Saharan Africa

Protector Plus 'night campaigns' to promote condom usage in Africa

Source: Bulawayo24

Population Services International (PSI) has ventured into Protector Plus night campaigns in a bid to promote usage of a new brand of condoms, New Man in Town, as the fight against HIV and Aids continues, an official has said.
Thursday, July 31, 2014 — Sub-Saharan Africa

EcoCash Launches Africa’s first physical MasterCard companion card in Zimbabwe

Source: Biztechafrica

Econet’s Mobile Money service, EcoCash, has announced a landmark agreement with MasterCard that will significantly assist in reducing cash dependence and increase financial inclusion through the provision of electronic payments in Zimbabwe.
Thursday, July 31, 2014 — South Asia

Indian government aims to open 7.5 crore bank accounts by August 15, 2018

Source: Economic Times India

The NDA government has drafted a new financial inclusion plan that aims to open 7.5 crore bank accounts in rural and urban areas and extend financial services to all citizens by August 15, 2018.
Thursday, July 31, 2014 — South Asia

India's battle against unneeded medical care finds World Bank support

Source: Reuters

India needs to curtail excessive medical care that leads to patient overspending as more people get health insurance, the World Bank said on Thursday, adding voice to a growing chorus against overtreatment in the country.
Thursday, July 31, 2014 — No Region Specified

Harvard Business School Appoints Matt Segneri Director of Its Social Enterprise Initiative

Source: Harvard Business School

Harvard Business School (HBS) has named Matthew M. Segneri (MBA 2010) the new Director of its Social Enterprise Initiative (SEI), succeeding Laura Moon, who has become Managing Director of the School’s wide array of Initiatives, which focus on research and course development in specific topics such as leadership, health care, and digital technology.
Thursday, July 31, 2014 — South Asia

How 500 Startups-backed SocialCops gets to the bottom of the pyramid with big data

Source: Tech in Asia

India, like most developing countries, struggles to bridge the gulf between authorities and the common man. Even the best of intentions come to naught when the benefits of welfare schemes don’t reach the people who need them the most — and those in high places can’t seem to figure out why.
Thursday, July 31, 2014 — Sub-Saharan Africa

'Pretty Good' Malaria Vaccine Moves Forward

Source: Voice of America News

A “pretty good” malaria vaccine is on track to be the first to market.
Wednesday, July 30, 2014 — No Region Specified

4 questions about World Bank safeguards

Source: Devex

The World Bank board's Committee on Development Effectiveness meets on Wednesday to review a new proposal that may change the way the Washington, D.C.-based institution assesses and mitigates the environmental and social impacts of its investments.
Wednesday, July 30, 2014 — South Asia

Reserve Bank of India survey finds 47 percent of banking agents 'untraceable'

Source: The Financial Express

The success of the government’s thrust on financial inclusion, which largely hinges on the role played by business correspondents (BCs), is faced with a harsh reality check.
Wednesday, July 30, 2014 — Asia Pacific

Microcredits boost rural financing in China

Source: China Economic Net

Opinions on Development of Financial Services to Farmer, Rural Areas, and Agricultural Production by the General Office of the State Council has proposed "accelerated promotion of microcredits in rural areas".
Wednesday, July 30, 2014 — No Region Specified

Computing a Cure for HIV

Source: Federal Telemedicine

HIV/AIDS has caused an estimated 36 million deaths, according to the World Health Organization and remains a major health issue worldwide.
Wednesday, July 30, 2014 — No Region Specified

Crowdnetic and UC Berkeley to partner on Crowdfunding Research

Source: Crowdfund Insider

Over a year ago, Crowdnetic and UC Berkeley began collaborating on the launch of UC Berkeley’s Program for Innovation in Entrepreneurial and Social Finance, headed by Dr. Richard Swart, who serves as its Director of Research at the Coleman Fung Institute for Engineering Leadership.
Wednesday, July 30, 2014 — Sub-Saharan Africa

#BBCtrending: Can social media help prevent the spread of Ebola?

Source: BBC News

West Africa is in the grip of the world's deadliest outbreak of Ebola, and many in the region are using social media to educate each other on the symptoms and prevention methods.
Wednesday, July 30, 2014 — Sub-Saharan Africa

'No Market': Scientists Struggle to Make Ebola Vaccines, Treatments

Source: NBC News

At least four vaccines are being developed to protect people against Ebola, including one that protects monkeys completely against the deadly virus. Several groups are also working on treatments, but one of the most promising is stuck in safety testing.
Wednesday, July 30, 2014 — Sub-Saharan Africa

Top 20 African tech startups, PesaPal, mobile services providers in the lead

Source: Venture Capital Post

Africa today is said to be a mobile continent, according to CNN. As such, a lot of innovative startups concentrate on developing innovative products and systems for mobile applications.
Tuesday, July 29, 2014 — No Region Specified

5 ways to deliver nutrition through cash crop standards

Source: Devex

Nutrition security is an essential part of improving farmer livelihoods.
Tuesday, July 29, 2014 — Sub-Saharan Africa

What Nigeria needs to drive mobile money growth

Source: BusinessDay Online

Nigeria, Africa’s largest economy by GDP, will require a national accelerator programme to drive the adoption and usage of mobile money services by the vast majority of Nigerians, said Emmanuel Okoegwale, principal consultant at Mobile Money Africa.
Tuesday, July 29, 2014 — South Asia

Mobile wallet a distant dream in India

Source: Times of India

Despite a huge unbanked population and 700 million cellphone connections, the concept of mobile wallet will take some time to become popular in India as people are still unaware of its larger benefits like financial inclusion, even as the standards to make it functional are yet to be in place, experts maintain.
Tuesday, July 29, 2014 — South Asia

Taking financial inclusion beyond bank accounts in India

Source: The Financial Express

Prime Minister Narendra Modi cleared the grand financial inclusion plan last week, which he is going to unveil on August 15.
Tuesday, July 29, 2014 — Sub-Saharan Africa

Sweden resumes aid to Uganda after suspending it over anti-gay law

Source: Reuters

KAMPALA (Reuters) - Sweden has resumed financial aid to Uganda after suspending some assistance in March over a law widely condemned by donor nations that increases punishment for homosexuals.
Tuesday, July 29, 2014 — No Region Specified

PRESS RELEASE: Accion’s Frontier Investments Group Invests in Eseye

Source: Accion

Accion, a pioneer and leader in bringing financial services to the underserved, today announced that its Frontier Investments Group has become the first institutional investor in Eseye Ltd, a global machine-to-machine (‘M2M’) technology and service provider, with a participating investment in its $9.0 million Series B financing round.
Tuesday, July 29, 2014 — No Region Specified

International Labour Office, World Bank to Enhance Access to Insurance in Africa and Asia

Source: This Day Live

The International Labour Office (ILO) and the World Bank Group (WBG) have signed a memorandum of understanding that aims to provide access to improved insurance products to hundreds of thousands of smallholder farmers, small businesses and individuals in Asia and Africa.
Tuesday, July 29, 2014 — Sub-Saharan Africa

In Sierra Leone, Ebola continues its spread via denial and ignorance

Source: Humanosphere

Standing in line at a small, street side pharmacy just off this port city’s main drag, a well-clad woman is buying a crate of hand sanitizer.
Monday, July 28, 2014 — No Region Specified

Skoll Centre Venture Award winners: Tree-planting Quad-Copters and Farmers’ Transport Logistics

Source: Skoll Centre

Two new social ventures with founding teams from the University of Oxford have been chosen to receive this year’s Skoll Centre Venture Awards. The winners are Biocarbon Engineering, focusing on replanting one billion trees annually through the use of quad-copter technology, and Linkage, which aims to help smallholder farmers in Kenya to improve their selling practises and supply chain using an Uber-like logistics and transport system.
Monday, July 28, 2014 — Sub-Saharan Africa

U.S. doctor contracts Ebola in Liberia

Source: Reuters

DAKAR (Reuters) - A 33-year-old American doctor working for a relief organisation in Liberia's capital has tested positive for the tropical disease Ebola, according to a statement from Samaritan's Purse.
Monday, July 28, 2014 — No Region Specified

OPINION: Social Impact Bonds: Phantom of the Nonprofit Sector

Source: Nonprofit Quarterly

What issue could bring Senator Ted Cruz (R-TX) and Senator Al Franken (D-MN) into bipartisan partnership? Social impact bonds (SIBs)—or pay-for-success (PFS), depending on one’s preferred terminology.
Monday, July 28, 2014 — South Asia

Payment banks to be new revenue stream for India’s telcos

Source: Business Standard

Analysts expect all telcos to join the race; a liberal policy could boost revenues by 7-8% for the sector
Monday, July 28, 2014 — Latin America

PRESS RELEASE: President Peña Nieto of Mexico Expected to Attend 17th Microcredit Summit

Source: Digital Journal

The Microcredit Summit Campaign announced today that President Enrique Peña Nieto is expected to join the delegates of the 17th Microcredit Summit on September 3, 2014, in Merida, Mexico.
Monday, July 28, 2014 — South Asia

Smartphones, apps reshaping the health sector

Source: Times of India

WASHINGTON: Your smartphone is not only your best friend, it's also become your personal trainer, coach, medical lab and maybe even your doctor.
Monday, July 28, 2014 — No Region Specified

Pricey Hepatitis C Drug Draws Criticism

Source: Voice of America News

To hear scientists talk about it, it’s nothing short of a wonder drug.
Monday, July 28, 2014 — No Region Specified

Technoserve releases annual report highlighting progress on five-year strategic plan

Source: TechnoServe

We work with enterprising people in the developing world to build competitive farms, businesses and industries.
Monday, July 28, 2014 — Sub-Saharan Africa

Health insurance comes to Nigeria through mobile phone subscriptions

Source: htxt

Quality healthcare is often out of reach for many living in rural areas, but MTN in Nigeria initiated as program together with Nigeria’s National Health Insurance Scheme (NHIS) to provide affordable healthcare to its subscribers in the country.
Friday, July 25, 2014 — Sub-Saharan Africa

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

Source: The Guardian Nigeria

EXPANSION of integrated programming to improve the reproductive health and general development of young people in Abia state has taken a new turn in the state capital following the inauguration of a 15-member Technical Working Group (TWG).
Friday, July 25, 2014 — Sub-Saharan Africa

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

Source: Global Post

Health and agriculture development are key if African countries are to overcome poverty and grow, US software billionaire Bill Gates said Thursday, as he received an honourary degree in Ethiopia.
Friday, July 25, 2014 — No Region Specified

Fund managers hope for more robust socially conscious options

Source: Investment News

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

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

Source: Capital FM Kenya

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

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

Source: Devex

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

Samsung partners in good health for Sub-Saharan Africa

Source: IT News Africa

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

GSK seeks approval for world's first malaria vaccine

Source: Reuters

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

Challenges lying ahead for impact investing

Source: Economic Times India

Having started as an impetus for microfinance nearly a decade ago, impact investing today influences a wide array of sectors and supports innovative business models.
Thursday, July 24, 2014 — South Asia

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

Source: Odisha Sun Times

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

World Bank conducts Zimbabwe consumer-protection review

Source: News Day

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

Social business shows way of development in Myanmar

Source: The Daily Star

Yunus discusses his concept with top ministers of Southeast Asian nation
Thursday, July 24, 2014 — South Asia

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

Source: Global Post

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

Can India Achieve Financial Inclusion within the Next Few Years?

Source: Huffington Post

The new Government of India has made financial inclusion one of the corner stones in its modernization aspirations for the country.
Thursday, July 24, 2014 — No Region Specified

Solar energy technology for those with no access to electricity

Source: The Guardian

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

Lax antibiotic controls raise fears of killer disease

Source: Economic Times India

NEW DELHI: A pharmacist swiftly pulls white boxes of powerful antibiotics from neatly stacked shelves behind him, and hands them over the counter without asking for a doctor's prescription.
Thursday, July 24, 2014 — No Region Specified

The global impact of the female condom

Source: Daily Life

When Debby Herbenick met a friend and former colleague for lunch at the end of last year, it was only natural the conversation would turn to sex.
Thursday, July 24, 2014 — Sub-Saharan Africa

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

Source: Business Ghana

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

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

Source: Pharma Biz

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

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

Source: Forbes

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

Nigeria: Doctors Strike - Hospitals Take to Free Medicals

Source: AllAfrica

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

Kenya's Airtel sticks to its case against Safaricom

Source: Mobile World Live

Kenyan operator Airtel has pledged to continue its case against larger rival Safaricom over what it charges for access to its M-Pesa mobile money transfer service, said Business Daily.
Wednesday, July 23, 2014 — No Region Specified

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

Source: Wired

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

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

Source: Forbes

Talk about making the world a better place, and you probably won’t find too many naysayers.
Wednesday, July 23, 2014 — No Region Specified

3 Essential Elements To Increase The Viability Of Your Social Venture

Source: Fast CoExist

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

Africans Open Fuller Wallets to the Future

Source: The New York Times

JOHANNESBURG — Across sub-Saharan Africa, consumer demand is fueling the continent’s economies in new ways, driving hopes that Africa will emerge as a success story in the coming years comparable to the rise of the East Asian Tigers in the second half of the 20th century.
Wednesday, July 23, 2014 — Latin America

Financial Inclusion in Paraguay: New Mobile Money Regulation

Source: GSMA

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

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

Source: Eurasia Review

Following two years of intense negotiations, the BRICS leaders agreed on 15 July 2014 in Fortaleza (Brazil) to launch the New Development Bank (NDB).
Wednesday, July 23, 2014 — South Asia

iClinic Healthcare looks to raise Rs 25 cr to fund expansion

Source: Business Standard

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

India's new government vows clampdown on healthcare graft

Source: Reuters

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

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

Source: Quartz

The Reserve Bank of India (RBI) is one of the few institutions Indians respect (paywall). India’s central bank is known for being clean, sensible, and well-run. It is also extremely cautious
Wednesday, July 23, 2014 — No Region Specified

Does the World Still Need the World Bank?

Source: Bloomberg View

There will always be a need for a World Bank, which celebrates a birthday of sorts Tuesday. There is no need for a World Bank with more than 10,000 employees.
Tuesday, July 22, 2014 — South Asia

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

Source: Business Standard

Innovative microfinance company Bandhan will operate as a bank from October next year and focus on empowering women and rural people, says its chairman and managing director Chandra Shekhar Ghosh.
Tuesday, July 22, 2014 — Sub-Saharan Africa

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

Source: GrowthAfrica

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

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

Source: Market Watch

The $850,000 grant will focus on the financial education needs of U.S. Hispanic population and dig deeper into Hispanics’ knowledge, access and use of financial products to achieve long-term financial security
Tuesday, July 22, 2014 — No Region Specified

Rise of social enterprises in Singapore prompts calls for greater regulation

Source: The Straits Times

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

Drug price cut of vital medicines a global phenomenon

Source: Economic Times India

MUMBAI: It is not the Indian regulator who is the only one after drug companies to cut prices. Across the world, pharmaceutical companies are coming under pressure to reduce prices as concerns over growing healthcare costs force governments to target drug makers.
Tuesday, July 22, 2014 — South Asia

Norms on small banks fail to impress micro lenders

Source: Business Standard

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

Epistem to roll out tuberculosis test following new agreement

Source: Manchester Evening News

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

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

Source: CPI Financial

Kiva and Grameen-Jameel Microfinance Ltd. have partnered to launch “Change is in Your Hands” campaign.
Tuesday, July 22, 2014 — Sub-Saharan Africa

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

Source: Business Day

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

3 Essential Elements To Increase The Viability Of Your Social Venture

Source: Fast CoExist

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

Strawberry flavoured condoms a hit

Source: The Standard Zimbabwe

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

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

Source: FirstBiz

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

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

Source: MicroCapital

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

Arun Jaitley says India needs to create productive environment for investors

Source: Business Standard

Finance Minister, Arun Jaitley, said here on Saturday thatIndia needs to create such a productive environment for investors, that makes them feel that doing business in India is profitable.
Tuesday, July 22, 2014 — No Region Specified

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

Source: Sankalp Forum

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

Price caps on drugs hurt Indian units of global pharma firms

Source: Livemint

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

More Impact Investors Are Going 'All In'

Source: Forbes

If you want to keep up with the latest buzzwords in impact investing, here’s an important one starting to hit its stride: “all in”. It means placing your whole portfolio into assets with a positive social and/or environmental impact. Putting your money–all of it–where your mouth is.
Friday, July 18, 2014 — Sub-Saharan Africa

Hampered by Cost, Zimbabweans Skip Contraceptives

Source: Voice of America News

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

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

Source: The Washington Post

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

Africa: Cheap Nasal Spray May Save Snakebite Victims

Source: AllAfrica

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

India misses key health targets, but shows improvement

Source: Business Standard

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

The virus detective who discovered Ebola in 1976

Source: BBC News

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

McKnight Foundation adds director of impact investing

Source: Pensions&Investments

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

International Reform Activists Dissatisfied by BRICS Bank

Source: Inter Press Service

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

Rwanda: Why Farmers Are Loyal to Micro-Finance Institutions

Source: AllAfrica

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

Gemalto, GSMA drive African mHealth initiative

Source: Biztechafrica

Gemalto has announced its partnership with (global System for Mobile Communication Association (GSMA1) to drive the pan-African mHealth Initiative (PAMI).
Thursday, July 17, 2014 — Sub-Saharan Africa

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

Source: PC Advisor

Safaricom's move last week to allow agents for its M-pesa mobile money service to work for rival operators is broadly being viewed as having the potential to further fuel the growth of such services.
Thursday, July 17, 2014 — No Region Specified

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

Source: National Geographic

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

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

Source: 3D Print .com

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

5 things you need to know about the New Development Bank

Source: The Straits Times

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

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

Source: FirstBiz

The Reserve Bank of India (RBI) on Thursday spelled out draft norms to set up payments banks and small banks in India that will give a major push for financial inclusion, or the process of spreading banking services in the un-banked segments, in Asia’s third largest economy.
Thursday, July 17, 2014 — No Region Specified

Discovery Health, Woolworths ‘winning at home’

Source: Moneyweb

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

Lessons from India for Africa’s healthcare entrepreneurs

Source: HowWeMadeItInAfrica

Access to high-quality, low-cost healthcare services is a big challenge in many African countries. There are few public hospitals in most areas and those available are often under-staffed, under-funded and lack basic facilities. Low-income earners and people residing in rural areas face even greater difficulties accessing the most basic care.
Thursday, July 17, 2014 — South Asia

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

Source: Economic Times India

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

Buffett gives record $2.1 billion donation to Gates Foundation

Source: Bloomberg

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

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

Source: TechCrunch

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

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

Source: Forbes

This is about a social enterprise on a mission to reinvent the coffee supply chain, giving farmers a bigger and more equitable piece of the action.
Wednesday, July 16, 2014 — South Asia

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

Source: FirstBiz

The Modi-government has somewhat bought the idea of universal bank accounts, something first proposed by the Nachiket Mor panel in January, 2014. The plan will finally come up with a little bit of 'Modi'-fication. Instead of one full service bank account for every adult citizen by January 2016—the idea proposed by the Mor panel—the government plans to offer two bank account for every household within the next year.
Wednesday, July 16, 2014 — No Region Specified

Unrestricted Funding, Famous Alums Fuel Coveted Fellowship For Social Entrepreneurs

Source: Forbes

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

World Bank review shows flaws in social, environment safeguards process

Source: Reuters

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

Focus on Poverty: More nutrition science or political will?

Source: SciDev.Net

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

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

Source: Thomson Reuters Foundation

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

Motivating Corporations to Do Good

Source: The New York Times

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

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

Source: EurekAlert!

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

Telecel Zimbabwe launches mobile money credit card

Source: ITWeb Africa

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

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

Source: Fast CoExist

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

New Contraceptive Shot Being Released in Africa

Source: The New York Times

An easy-to-use new form of the injectable contraceptive Depo-Provera was introduced last week in Burkina Faso, the first of four African countries in which it will be rolled out this year.
Tuesday, July 15, 2014 — No Region Specified

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

Source: Huffington Post

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

Kenya mobiles step up rivalry

Source: East African Business Week

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

mHealth initiative to curb infant and maternal fatalities in Kenya

Source: Africa Science News

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

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

Source: Economic Times India

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

What social nonprofits can teach the corporate world

Source: Fortune

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

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

Source: HowWeMadeItInAfrica

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

Mobile payments ideal for Africa

Source: ITWeb Africa

In emerging markets, mobile money has the power to transform lives, says Gemalto.
Tuesday, July 15, 2014 — South Asia

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

Source: Forbes India

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

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

Source: Mareeg

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

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

Source: Devex

Much of the impact investing field has been driven by public sector actors, which have an important role to play both in the way they deploy their capital and the work that they can do to build the industry.
  • 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