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Indian Microfinance Institution Ujjivan to Launch Biometric ATMs
Ujjivan Financial Services Ltd., (Ujjivan), a leading pan-India microfinance institution, which is in process of transforming into a small finance bank (SFB), today announced that it will provide the benefits of ATMs to its unbanked and under-served customers across the country by using biometric enabled machines.
- Categories
- Uncategorized
- Region
- South Asia
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New GSMA Report Sees Rise in Mobile Broadband and Smartphone Adoption Across Middle East and North Africa
Mobile broadband networks will account for 61 per cent of mobile connections by 2020, up from 41 per cent today, across the diverse Middle East and North Africa (MENA) region, according to a new GSMA report published today at the GSMA Mobile 360 Series – Middle East conference in Dubai. The new study, ‘The Mobile Economy – Middle East and North Africa 2016’, highlights that there are currently 339 million unique mobile subscribers (Q2 2016) across the region’s twenty five markets1, a figure expected to rise to 385 million by 20202. The number of smartphone connections3 has also more than doubled over the last three years to reach 263 million in Q2 2016, accounting for 42 per cent of total connections, and is forecast to reach 467 million by 2020. The availability of mobile broadband networks has increased smartphone adoption and is helping to bridge the digital divide and usher in innovative new mobile services.
- Categories
- Technology
- Region
- North Africa & Near East
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Pepsi to Reduce Sugar Content in Juices and Carbonated Drinks in India by 2025
PepsiCo will reduce sugar content in its juices and carbonated drinks in India by 2025 as part of a global pledge announced by Chief Executive Indra Nooyi on Monday amid a backlash against such products over an obesity epidemic and illnesses such as diabetes. Several countries are also considering a sugar tax to reduce consumption of sugary drinks.
- Categories
- Health Care
- Region
- South Asia
- Tags
- nutrition
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USAID Launches Catalyst to Drive Cashless Payments in India
The U.S. Agency for International Development (USAID) on Friday announced the launch of a new initiative “Catalyst: Inclusive Cashless Payment Partnership” (www.cashlesscatalyst.org).
- Categories
- Technology
- Region
- South Asia
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Eli Lilly Plans $90 Million Investment to Improve Health Care in Poor Areas
Eli Lilly and Co. wants to improve access to health care for 30 million people in impoverished areas across the world.
- Categories
- Health Care, Investing
- Tags
- impact investing
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Rwanda: Mastercard, GTBank launch digital payment partnership
MasterCard and Guaranty Trust Bank Rwanda Ltd (GTBank Rwanda) are introducing a suite of digital payment solutions, aimed at extending the demand for safe and convenient payment solutions.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Study: India overdependent on China for medicines
India may have emerged as a key supplier of generic and affordable medicine for the world market, but it has an “overwhelming dependence” on China for the raw material required to produce these drugs, industry association Assocham said.
- Categories
- Health Care
- Region
- South Asia
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Report: Financial Inclusion Still a Challenge in Low-Income Communities in Africa
The report undertakes a comparative review of the financial systems and regulations in Africa relative to the sub-Saharan Africa (SSA) region. It compares indicators of the financial environment (including credit metrics, risk evaluation and monetary policy), as well as regulation and supervision standards.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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