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MetLife Renews Sponsorship Of “Multipliers of Prosperity” Financial Inclusion Site
MetLife Foundation today proudly announces its third year as sponsor of Multipliers of Prosperity, an award winning custom content hub led by WSJ. Custom Studios that helps raise awareness about the challenges and opportunities in the realm of financial inclusion.
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- Uncategorized
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The changing face of global health: Yale and South African doctors partner to expand care
While working in South Africa several years ago, Dr. J. Zachary Porterfield came across a young child in a clinic in rural KwaZulu-Natal. During the examination, the doctor was surprised to find that the patient had drainage from her ears and loss of hearing. “It had progressed to the point that she was having difficulty in school,” said Porterfield. “When I asked her mother how long this had been going on, she said three years. Her ears had been draining, and she had been losing her hearing for three years.”
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- Health Care
- Region
- Sub-Saharan Africa
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- infectious diseases, research, youth
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Indian MFI Spandana Sphoorty raises $270 million
Microfinance lender Spandana Sphoorty Financial Ltd has raised $270 million of funding, which will facilitate its exit from the corporate debt restructuring cell (CDR) after seven years, it said in a statement on 31 March.
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- Uncategorized
- Region
- South Asia
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Ford Foundation to Put $1 Billion of Endowment in Impact Funds
The Ford Foundation is committing $1 billion of its endowment over the next 10 years to money managers who invest in affordable housing and financial services for people in developing countries.
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- Uncategorized
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How the genomics revolution could finally help Africa
It took a public-health disaster for the Zimbabwean government to recognize the power of precision medicine. In 2015, the country switched from a standard three-drug cocktail for HIV to a single-pill combination therapy that was cheaper and easier for people to take every day. The new drug followed a World Health Organization recommendation to incorporate the antiretroviral drug efavirenz as a first-line therapy for public-health programmes. But as tens of thousands of Zimbabweans were put onto the drug, reports soon followed about people quitting it in droves.
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- Health Care
- Region
- Sub-Saharan Africa
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- public health
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Digital transactions decline for third straight month in India
Digital payments, which saw a huge jump post demonetisation, is seeing some form of correction in transaction numbers and value of payments for the third month in a row in 2017. All major forms of digital payments, Immediate Payment Service (IMPS) along with mobile wallets and plastic cards, have seen a reduction in transaction numbers.
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- Technology
- Region
- South Asia
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- digital payments, fintech
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WhatsApp reportedly in talks to integrate with a mobile payment platform in India
Late last year, India ceased circulation of its two highest-denomination bank notes in a bid to tackle the flow of money associated with corruption and terrorist activities. The move fuelled the popularity of mobile wallet solutions, such as Paytm which has amassed over 200 million wallet users, providing a significant incentive for Samsung to integrate the service with Samsung Pay in time for its Indian launch.
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- Technology
- Region
- South Asia
- Tags
- digital payments
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Press Release: New off-grid technology helps developing world farmers access markets and sustainable business opportunities
New off-grid technology gives farmers in the developing world the means to access markets and sustainable business opportunities. When more than 30% of your harvest is lost due to environmental exposure and pests, your focus isn’t on entrepreneurship or creating employment opportunities for your community, it’s on survival.
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- Agriculture
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