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Bill and Melinda Gates Sound The Alarm on Poverty
“We usually express our optimism by highlighting some of the recent mind-blowing improvements in the human condition—like the fact that advances in medicine have saved 50 million lives just since we started our foundation in 2000. We believe it’s worth repeating that until we’re blue in the face,” they begin.
- Tags
- global development, SDGs
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Press release: WHO launches first investment case to save up to 30 million lives
“As it embarks on its eighth decade, the World Health Organization is as essential and central as ever,” said Paul Kagame, President of Rwanda. “It has a unique role in developing new norms and standards, and sharing life-saving tools and technologies.”
- Categories
- Health Care, Investing
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Press release: BBOXX and GE partner to provide energy access in the Democratic Republic of Congo
“We are excited to partner with BBOXX to enable energy access in the DRC. GE’s Hybrid Distributed Power system offers flexibility to deliver fast, reliable power with a digital backbone found in utility scale power plants,” said Brian Selby, Managing Director of Licensing at GE.
- Source
- Press release
- Categories
- Energy
- Region
- Sub-Saharan Africa
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What the launch of BebaBeba could mean for Kenya’s taxi industry
Over the years, the surge in the number of taxi-hailing companies in Kenya has been tremendous, and so has the competition in the taxi industry as a whole. BebaBeba will now compete in a market already saturated and controlled by taxi-hailing giants, Uber, Taxify and Safaricom Little cab.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- startups
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Ghana Receives Support to Strengthen its Financial Sector and Promote Inclusion
“This project will support Government’s plan to undertake reforms to deepen financial markets, promote inclusion, enhance the supervision and regulation of specialized deposit-taking financial institutions in line with Ghana’s National Financial Inclusion and Development Strategy,” said Henry K.G. Kerali, World Bank Country Director for Ghana.
- Region
- Sub-Saharan Africa
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India: Satya MicroCapital raises $5.5m from two impact investment funds
Satya MicroCapital provides loans to small entrepreneurs in both rural and urban areas. Its limited liability group (LLG) model, mainly focuses on women, with their husbands acting as co-borrowers, through a credit product that allows them to start a new business or build their existing business.
- Categories
- Investing
- Region
- South Asia
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IBM to Tackle Ocean Plastic and Global Poverty with Blockchain Technology
IBM aired a TV Commercial during an NFL match on September 17, 2018, called Plastic Bank, a new initiative which aims to tackle ocean plastic and global poverty with blockchain technology. The Plastic Bank is backed by IBM Technology which uses the LinuxOne blockchain to encourage entrepreneurs from the world’s most impoverished communities to clean up plastic in exchange for digital credits.
- Categories
- Environment, Technology
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Safaricom shares fall after new tax sets in
The Bill will see Kenyans pay more for internet and mobile money transfer - two of the biggest revenue streams for the giant firm.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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