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Paytm Is Accelerating Its Banking Push in India
Indian mobile wallet firm Paytm plans to launch its banking operations within two months, according to Bloomberg.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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Australian project to improve water delivery in urban slums gets $27m funding
Prof Rebekah Brown, the director of the Sustainable Development Institute at Melbourne’s Monash University, has been awarded a $14m research grant by the Wellcome Trust’s Our Planet Our Health awards in the UK. A further $13m from the Asian Development Bank would cover infrastructure and construction costs.
- Categories
- Environment, Health Care
- Tags
- public health, research
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Doctors Without Borders Objects to Sanofi Receiving an Exclusive License for a Zika Vaccine
Doctors Without Borders (MSF) on Monday objected to the US government’s granting of an exclusive patent license to Sanofi Pasteur for a developing Zika vaccine, though Sanofi fired back on Tuesday explaining the risks of developing such a vaccine.
- Categories
- Health Care
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Only 1% of R&D Funds Spent for HIV, Tuberculosis and Malaria: WHO
Investments in health research and development (R&D) are poorly aligned with global public health needs, the World Health Organisation said, highlighting that merely 1% of the total funding on health R&D was allocated towards neglected diseases like HIV , tuberculosis and malaria which account for more than 12.5% of the global disease burden.
- Categories
- Health Care
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Mark Zuckerberg’s Philanthropy Organization Acquired a Startup to Help Cure the World’s Diseases
Mark Zuckerberg and his wife Priscilla Chan's philanthropic organization has bought Meta, a search engine that uses artificial intelligence to find scientific research papers.
- Categories
- Health Care, Technology
- Tags
- philanthropy
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Startup Investment Is Making a Comeback in North Africa
African startups raised more than $129 million last year, according to a report from Disrupt Africa, a blog on technology and entrepreneurship on the continent. South Africa, Nigeria, and Kenya were the most popular destinations, with north African countries catching up.
- Categories
- Investing
- Region
- North Africa & Near East
- Tags
- impact investing
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Pankaj Patel owned Cadila ups its India game with AZ’s brands
UK drug maker AstraZeneca has divested its brands in anti-infective and women’s health portfolio to Zydus Healthcare, a subsidiary of Cadila Healthcare as the company narrows down its therapy areas.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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US Sustainable, Responsible and Impact Investing Trends
US sustainable, responsible and impact (SRI) investing continues to expand. The total US-domiciled assets under management using SRI strategies grew from $6.57 trillion at the start of 2014 to $8.72 trillion at the start of 2016, an increase of 33 percent, as shown in Figure A. These assets now account for more than one out of every five dollars under professional management in the United States.
- Categories
- Impact Assessment, Investing
- Tags
- ESG, impact investing
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