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How Billionaires Can Make More Impact With Their Donations
Philanthropy’s deepest-pocketed donors often short-change the causes they claim to care about the most. That’s because while the majority of the world’s wealthiest givers have expressed interest in solving complex social issues like poverty, educational inequity, environmental degradation, and human rights abuses, only 20% follow through with funding of $10 million or more to actually try to create some fundamental change.
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- Uncategorized
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Tedros’ fundraising strategy for WHO, global health
Tedros has repeatedly mentioned the need to expand the WHO’s donor base, and he reiterated this during his first press conference as the newly elected director-general on Wednesday at Palais des Nations in Geneva, where the current 70th World Health Assembly is held. WHO’s funding unit requires upsizing in terms of size and skills of human resources, he said. WHO should look into what it can learn from other United Nations agencies, such as UNICEF, on the issue of fundraising.
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- Health Care
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Indians are using mobile wallets more but for smaller purchases
As the Indian economy recovers, mobile wallet payments are continuing to accelerate. Their transaction value of over $3.6 billion in the first quarter of 2017 marked a 60% increase from the previous quarter, according to a new report from RedSeer Management Consulting.
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- Technology
- Region
- South Asia
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WHO India backs government plan to make medicines cheaper, says global impact will be positive
As the government gears up to push generic medicines to bring down costs for patients, World Health Organisation (WHO) representative in India, Henk Bekedam has stated that the move, if successfully implemented, will not only reduce the cost of medicines within the country but also globally.
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- Health Care
- Region
- South Asia
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Safaricom sees lingering break-up threat
Safaricom is still facing the threat of being broken up as the Kenyan regulator weighs up a report on dominance in the country’s telecommunications industry, CEO Bob Collymore said. East Africa’s biggest company by market value may resort to court action to prevent it from being split, Collymore, 59, said in an interview Wednesday in the capital, Nairobi
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- Uncategorized
- Region
- Sub-Saharan Africa
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Foreign aid is being cut, but business will keep fighting poverty
In the past 10 years, private sector investment to developing countries has been growing faster than foreign aid. Indeed, developing countries now receive 27% more foreign business investment than development aid – a trend likely to grow over time. Even the lowest-income countries, as classified by the World Bank, have seen business capital flow into their economies at dizzying rates, with investment increasing nearly nine-fold since 2000.
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- Investing
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Ethiopia’s Tedros to be next leader of UN health agency
Tedros Adhanom Ghebreyesus, a former Ethiopian minister of health, was elected Tuesday as the next director-general of the World Health Organization, becoming the first non-medical doctor and the first African tapped to lead an influential agency that helps set health priorities worldwide.
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- Health Care
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Fintech’s Coming to Trounce India’s Banks
India's banks, which still dominate the country's financial landscape, appear to have hardly a kick left in them. Stressed assets without any loan-loss cover now exceed $96 billion, McKinsey & Co. said last week. An overwhelming 91 percent, or $87 billion, of the provisioning gap is at state-run lenders, whose net worth would be wiped out if they took the hit on their capital.
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- Technology
- Region
- South Asia
- Tags
- fintech, mobile finance
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