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Demonetization Turns Out to Be a Double Whammy for India’s Microfinance Sector
The demonetisation of high-value currency notes has come as a double whammy for micro finance institutions (MFIs), which have temporarily stopped providing credit to their customers while loan repayments have also taken a major hit, industry sources said.
- Categories
- Uncategorized
- Region
- South Asia
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Pfizer Offers Cut-Price Pneumonia Shot for Humanitarian Crises
U.S. pharmaceuticals giant Pfizer is to offer its pneumococcal vaccine at the lowest possible price to non-governmental organizations seeking to protect vulnerable people from illness in humanitarian crises.
- Categories
- Health Care
- Tags
- vaccines
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Which Big Drug Companies Are Helping the Poor? Here’s the List
The pharmaceutical giant GSK, which has held first place in the Access to Medicine Index ever since its introduction in 2008, was ranked first again this week. The index measures how well the world’s top 20 pharma companies do at getting their drugs and vaccines — and often their scientific expertise — to the world’s poorest countries.
- Categories
- Health Care
- Region
- North America
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The fresh round of investment by Eight Road Ventures
IFMR Capital, which helps financial institutions serving poor people raise funds, has received $25 million in funding from Eight Roads Ventures, the proprietary investment arm of Fidelity International Ltd. This is Chennai-based IFMR Capital’s second round of institutional funding.
- Categories
- Impact Assessment
- Region
- South Asia
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Indian Company Protoprint Transforms Waste into 3D Printing Filament for Commercial Use
This week, we reported on New Zealand-based Waikato University’s revolutionary FDM technology-based 3D printing method that allows anyone to print complex objects by converting waste material into thermoplastic filament, and we’ve seen several initiatives around the world focused on bringing waste material into reuse via 3D printing.
- Categories
- Environment, Health Care, Technology
- Region
- South Asia
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Opinion: Only partnership-driven model can meet Africa’s healthcare needs
Throughout my working life, I have had the opportunity to observe the pharmaceutical industry from outside and from within. I started my career as a doctor dealing with big healthcare firms and now I am the chief medical officer for one of the world’s largest pharmaceutical so I have seen things from both sides.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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India’s microfinance firms scramble to react to government’s ban on high-value currency
Microfinance companies, which work in the grassroot level and handle cash more than any other institutions, are in complete quandary on what strategy they should adopt now as far as accepting high value currency notes goes.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Nigerian startup Aajoh beta testing AI e-health innovation
Nigerian startup Aajoh is beta testing an e-health tool that uses artificial intelligence (AI) to diagnose patients. Aajoh chief executive officer (CEO) Simi Adejumo was one of nine African entrepreneurs selected to attend the MITx Global Entrepreneurship Bootcamp in Cambridge, Massachusetts in August of last year.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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