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How Foreign Aid Can Innovate Itself Out of Existence: Exploring the Potential of Market-Creating Innovation for Sustainable Development
The foreign aid sector has long been criticized for its inability to generate consistent economic growth and poverty alleviation in developing countries. According to Efosa Ojomo at the Clayton Christensen Institute for Disruptive Innovation, a new approach to aid is needed: one that recognizes the power of business innovation to create new markets that advance local prosperity. He discusses a new pan-African initiative based on that approach, which aims to mobilize aid, business and African institutions to build new markets that generate self-sustaining economic growth.
- Categories
- Entrepreneurship, Health Care, Investing
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Asian Development Bank Invests $25 Million In Quadria Capital Fund III For Health Care Investments In Developing Asia
The investment will enhance the quality, accessibility, and affordability of health care in Southeast Asia and South Asia.
- Categories
- Health Care
- Region
- Asia Pacific
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B Capital Closes Third Growth Fund Series at $2.1 Billion
Global investment company B Capital Group has closed its Growth Fund III at approximately US$2.1 billion.
- Categories
- Entrepreneurship, Health Care, Investing
- Region
- Global
- Tags
- fintech, venture capital
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Report: One Billion People Lack Access to Health Facilities with Reliable Electricity
Nearly one billion people in low- and middle-income countries lack access to health facilities with reliable electricity.
- Categories
- Energy, Health Care
- Region
- Global
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COVID-19 Brought a Surge in African Healthtech Innovation, but How Viable Are the Startups Now?
African healthtech startups have gained prominence in recent years due to their potential to improve healthcare access and outcomes on the continent.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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HealthAtom Secures a $10 Millions Series a to Improve Access to Healthcare in Latin America
HealthAtom seeks to move from serving 42 million patients a year through its solutions to 300 million a year.
- Categories
- Health Care, Technology
- Region
- Latin America
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Lok Capital Logs First Close of Its Fourth Fund at $90 Million
The fourth fund will invest in financial services, including fintech, health-tech, food and agri-tech, and climate tech.
- Categories
- Agriculture, Education, Finance, Health Care, Investing, Technology
- Region
- Asia Pacific
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BK Modi Group Plans to Invest $1 Billion Over Next Five Years in Real Estate, Wellness Sectors in India
BK Modi Group plans to invest about USD 1 billion over the next five years in Indian real estate and wellness space.
- Categories
- Health Care, Investing, Technology
- Region
- Asia Pacific
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