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Aavishkaar raises $95 million in first close of largest impact investment fund
The firm intends to raise $200 million for the fund, which will make it the largest impact investment fund raised by a homegrown asset manager. Aavishkaar expects to achieve the final close of the fund in the next 12-18 months, said Rai.
- Categories
- Investing
- Region
- South Asia
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Press release: Proudly Introducing The Mastercard Foundation Partnership for Finance in a Digital Africa
We are thrilled to formally launch The Mastercard Foundation Partnership for Finance in a Digital Africa! The FiDA Partnership (the Partnership), established by the Financial Inclusion Program at The Mastercard Foundation (The Foundation), catalyzes knowledge and insights to promote meaningful financial inclusion in an increasingly digital world.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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A social entrepreneur at 15 and ardent campaigner for universal education
A campaigner for providing equal opportunities for her counterparts to learn, build a career and live a life with basic necessities, Nikhiya believes that the national recognition would help her reach out to a wider audience.
- Categories
- Education
- Region
- South Asia
- Tags
- NGOs
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A Global State of Mind
Mental illness knows no borders. One relentless Indian psychiatrist pushes to make treatment a standard around the world.
- Categories
- Health Care
- Tags
- public health
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Indonesia: IFC proposes to provide up to $50m debt to microfinance institution MBK
The funding is expected to support the growth of the company’s microfinance portfolio, mainly targeting underserved rural women borrowers
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- microfinance
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The hidden cost of crime: Tanzanians using mobile money to protect themselves from robbery, says study
While sending money to others is often seen as the primary value arising from mobile money, a forthcoming study in the INFORMS journal Marketing Science, a leading scholarly marketing publication, shows that in developing countries, mobile money provides another important source of value - a form of theft insurance by protecting cash from street robberies and stealing by relatives or burglars at home.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Can poo power solve India’s toilet problem?
India is in the midst of a toilet-building frenzy, the government has set aside $20bn for the health initiative and aims to stop people having to defecate in the open by 2019.
- Categories
- Environment, Health Care
- Region
- South Asia
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Digital technology can help reinvent basic education in Africa
The digital revolution currently under way in the region has led to a boom in trials using information and communication technology (ICT) in education – both in and out of the classroom.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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