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Who Are Kenya’s Financially Excluded?
After a decade of significant declines in financial exclusion, these new numbers raise the question of whether the strongest mobile money markets, such as those in East Africa, might be reaching a plateau in financial access.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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India’s health ministry moves to limit antibiotics in meat
The ministry's decision follows studies indicating that India's antimicrobial resistance problem is expected to worsen due to overuse of antibiotics in animals reared for consumption.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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Aid spent on private schools doesn’t reach world’s poorest children, MPs say
The report, which is released as the Department for International Development (DfID) reviews its education projects, said the amount of aid money dedicated to schooling has fallen over recent years. In 2011, 10% of DfID’s spending went on education projects, but this had fallen to 7% by 2015. MPs call for a “significant increase” in the amount invested on education, especially early years projects.
- Categories
- Education
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Press release: Dana K. Bezerra Named President of Heron Foundation
Bezerra offers a breadth of experience that spans the philanthropic and for-profit sectors. She joined Heron in 2006 and has been responsible for deal-sourcing, identifying and developing relationships across a spectrum of investors, syndicating capital when possible, and cultivating opportunities to deploy the full range of Heron’s “toolbox” (including grants, program related investments, and market-rate mission related investments).
- Categories
- Investing
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Off-Grid Electricity Projects Are Starved for Funds
A first-of-its-kind analysis of the flow of capital, released in September by the United Nations’ Sustainable Energy for All program, shows that off-grid systems simply are not getting the support they deserve.
- Categories
- Energy
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Vodacom’s eastern pivot
The company sees dynamic, fast-growing East Africa as a lynchpin of its growth strategy. In August, Vodacom Group wrapped up its R34.6bn ($2.6bn) acquisition of a 35% stake in Safaricom, the leading communications firm and mobile operator in Kenya, from parent company Vodafone.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Unlocking an Energy Revolution in Ethiopia With Lessons From the Black Market
A rapidly growing market for solar lanterns and home kits is driving an energy revolution in Ethiopia. Like many low-income countries in Asia, Africa and Latin America, Ethiopia is a point of focus for international development and finance institutions as well as donors. Such organizations are channelizing tens of millions of dollars into Ethiopia for energy access. In order to maximize the impact of their investments, they need to have an understanding of local requirements in order to provide tailored financial flows.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- off-grid energy
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Gates Foundation, Abu Dhabi Pair to Fight Forgotten Diseases
The $100 million fund will seek to eliminate river blindness, or onchocerciasis, and lymphatic filariasis, which leads to a condition known as elephantiasis, from countries where they circulate in Africa and the Middle East. The Crown Prince will donate $20 million and the Gates Foundation 20% of the total amount raised to the new "Reaching the Last Mile Fund," with a plan to raise the remaining $60 million from others in the region and beyond.
- Categories
- Health Care
- Region
- North Africa & Near East
- Tags
- philanthropy
