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Global Accelerator Learning Initiative Releases Second Major Report
The Global Accelerator Learning Initiative (GALI)--a partnership between the Aspen Network of Development Entrepreneurs (ANDE) and Social Enterprise @ Goizueta at Emory University--released its second major report revealing that emerging market entrepreneurs and accelerator programs are more similar to those run in high-income countries than previously believed. Across a range of countries, entrepreneurs that go through accelerator programs report more capital raised, more revenues, and more full-time employees.
- Source
- Press Release
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- Uncategorized
- Tags
- research
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Abdul Latif Jameel World Education Lab (J-WEL) to spark global renaissance in education through innovation at MIT
The global collaborative effort will help educators, universities, governments, and companies revolutionize the effectiveness and reach of education, and aims to help prepare people everywhere for a labor market radically altered by technological progress, globalization, and the pursuit of higher living standards around the world. A guiding focus of J-WEL will be learners in the developing world, populations underserved by education such as women and girls, and a growing displaced population that includes refugees.
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- Education
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Savings groups boost financial inclusion and women’s empowerment among rural poor, three-country study finds
“What we’re seeing is that that the poor can and do save for themselves when given the right opportunity, and this has positive effects elsewhere in their lives,” says Dean Karlan, professor of economics at Yale and co-author of the study. “We see savings and business income increase, but importantly there is also a boost in women’s empowerment. As women get more access to these groups, their say in household decisions also increases.”
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- Uncategorized
- Region
- Sub-Saharan Africa
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6 Surprising Reasons Why South Africans Are Not Big On Banks
BCG recently undertook extensive research into the process of financial inclusion in South Africa. This primary research which is based on surveys, interviews and a fresh analytical approach, yielded several interesting themes about the country’s use and perceptions of formal banking channels. Bringing more people into the financial system has the ability to enhance GDP growth, reduce poverty and create new market opportunities for the private sector.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Solar power: A shot in the arm for India’s health centers
Nearly 35 million people in rural India relied on un-electrified primary health centers as of 2015, according to government data. One in every two primary health centers has no electricity or suffers from power outages, putting baby deliveries, paediatric emergencies and cold storage of vaccines at risk, among other vital health services. Renewable energy sources like solar power provide an opportunity to work around the challenges that accompany a lack of electricity.
- Categories
- Energy, Health Care
- Region
- South Asia
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- renewable energy, vaccines
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Indian Digital Wallet Company Founder Says Its Biggest Competitor is Cash
Co-founder & Director of India’s leading mobile wallet company expects overall digital payments to contribute 35-40 percent of total transactions in the economy by 2018, citing cyber security as one of the most crucial issues for banks and consumers.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech, mobile finance
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Sisu Global Health wins $25,000 at GE-backed competition
CEO Carolyn Yarina states that funding received from competition will provide crucial resources for commercialization of new blood recycling device.
- Categories
- Health Care, Technology
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Merger Looms As High Provisions Turn Bharat Financial Unprofitable
Bharat Financial Inclusion Ltd. is considering a merger even as India’s fourth largest microfinance lender reported losses in the March-ended quarter on a rise in provisions for bad loans after demonetisation.
- Region
- South Asia
