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The Hitachi Foundation Launches the Good Companies, Good Jobs Strategy; Makes $11 Million in Gifts as it Prepares to Close
The Hitachi Foundation today announced the launch of the Good Companies, Good Jobs Strategy that includes three final gifts totaling $11 million and that the Foundation will cease operations in December 2016. The unrestricted monetary gifts and their recipients are $4 million to the Aspen Institute in Washington, DC; $4 million to the MIT Sloan School of Management in Cambridge, Massachusetts; and $3 million to Investors' Circle in Durham, North Carolina.
- Categories
- Impact Assessment, Investing
- Region
- North America
- Tags
- impact investing
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Vodafone Announces M-Pesa Service for HIV Positive Basotho
Vodafone's M-Pesa mobile money service is being utilised in Lesotho to assist HIV patients in the country according to an announcement by the company on World Aids Day.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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KCB Bank Kenya, Western Union Introduce Mobile Money Transfer
KCB Bank Kenya and Western Union have launched a mobile-phone based money transfer service.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Viewpoint: Africa Needs More Healthcare Real Estate Investment Trusts
Healthcare real estate investment trusts are becoming more attractive on the continent as African countries try to build up a listed real estate industry, according to Ortneil Kutama, media director of pan-African real estate industry news website, Africa Property News.
- Categories
- Impact Assessment, Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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UNCDF releases its 1st Digital Financial Services Toolkit
UNCDF’s MicroLead program team is proud to introduce its series of practical toolkits titled, "How to Succeed in Your Digital Journey: a Series of Toolkits for Financial Service Providers”. The toolkits (available both in French and English) are designed for financial service providers (FSPs) who want to go digital.
- Categories
- Technology
- Region
- North America
- Tags
- fintech, microfinance
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IFC invests $67m in Apollo Health and Lifestyle for 29% stake
Apollo Health and Lifestyle Ltd (AHLL) has raised $67 million for a 29 per cent equity stake from International Finance Corporation (IFC), the private lending arm of the World Bank, according to a press statement. “IFC along with its associated entity has has made a primary equity infusion of Rs 450 crore thereby acquiring 29.03 per cent stake in Apollo Health and Lifestyle Ltd,” Apollo Hospitals Enterprise Ltd said in a BSE filing.
- Categories
- Health Care, Investing
- Region
- Asia Pacific
- Tags
- impact investing
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India’s demonetization makes low-deposit accounts ‘parking lots for black money’
Jan Dhan accounts, integral to the Modi government’s plan for financial inclusion and direct benefit transfer, were meant to have a transformational role in the uplift of the underprivileged, but, ironically, demonetisation has made them a parking lot for black money. Official sources told FE that these accounts saw transactions of R19,250 crore in the 10 days to November 19; over R15,000 crore was deposited and some R4,250 crore was withdrawn.
- Categories
- Uncategorized
- Region
- South Asia
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China may open its Pharma industry to India for mutual gain
India's pharmaceuticals sector which is "slightly outperforming" that of China can benefit from the vast Chinese market for generic drugs and the acquisition of Gland Pharma by a Chinese company could prompt Beijing to open its pharma industry to Indian firms, the official media said.
- Categories
- Health Care
- Region
- South Asia
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