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BBOXX to provide Togo with 300,000 solar home solutions
As part of its Vision 2030 plan, Togo drew up a gameplan focused on providing its population with access to electricity through a renewable-energy mix.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Social Impact Incentives: A New Solution for Blended Finance
In just six years, social enterprise Clínicas del Azúcar has grown into the largest private provider of specialized diabetes care in Mexico, but faces an almost constant challenge to balance its financial and social performance. That's where social impact incentives (SIINC) come into play. A new solution for blended finance, SIINCs align profitability with social impact by paying social enterprises directly for proven social outcomes.
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- Energy, Health Care, Investing, Social Enterprise, Technology
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Mukesh Ambani has a four-letter strategy to win India’s telecom wars—free
“…there are more than 50 crore (500 million) feature phone users who have been left out of the digital revolution,” Ambani said at Reliance Industries’ annual general meeting in Mumbai, where he launched the JioPhone.
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- Technology
- Region
- South Asia
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How open data can help the Global South, from disaster relief to voter turnout
In Africa, Latin America, Asia and beyond, hopes are high that access to data can help developing economies by increasing transparency, fostering sustainable development, building climate resiliency and the like.
- Categories
- Technology
- Tags
- data, global development
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Going Cashless? Bad for Tax Cheats, Privacy, Poor
Could physical cash go away entirely? Economists see great payoffs in a cashless society: lower transaction costs, new tools to manage economic growth and an end to tax evasion and money laundering. Critics see an end to privacy, frightening new powers for tyrants and costs that would fall disproportionately on the poor.
- Categories
- Technology
- Tags
- fintech
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Opinion: How technology is helping India move toward smart service delivery
In 2015, India launched eVIN, or electronic vaccine intelligence network — a smart, easy-to-use technology aimed at digitizing vaccine stocks in the country. It’s no small ask in a nation with the largest and most ambitious immunization program in the world — aiming to immunize some 156 million women and children each year.
- Categories
- Health Care, Technology
- Region
- South Asia
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Addressing Eye Care in Emerging Markets with Blended Finance
WHO estimates that 39 million people suffer from blindness, more than half of them due to cataracts, and more than 90 percent of blind people live in the developing world. Cataracts are often curable but the traditional surgery is expensive. Convergence is supporting GlobalVision's plan to build on the affordable eye model that Aravind pioneered in India and establish a network of 60 eye care hospitals in emerging markets over the next 10 years, borrowing techniques from the microfinance sector.
- Categories
- Health Care, Investing, Social Enterprise, Technology
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Huawei Agrees to Deal to Help African Expats Send Money Home
The deal will let Huawei and WorldRemit tap into growing demand for money transfers from Africans living abroad using mobile-payments services, which are popular in places where banks are scarce or unreliable.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- remittances