-
How Digital Financial Services Can Lift Nigerians Out of Poverty
A report, the “financial inclusion insight (FII),” has stressed that digital financial services (DFS) can play a key role in managing expenses and setting individuals and households on paths to stay out of poverty permanently.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
UN Calls on Big Pharma to Reduce Cost of Life-Saving Medicines
A United Nations high-level panel on access to medicines has called for major changes to the way in which research and development (R&D) of life-saving medicines is funded in order to make them more affordable for patients around the world and fight neglected diseases.
- Categories
- Health Care
-
Report: Islamic Finance Will Shoot Up to $6.5 Trillion by 2020
The Global Islamic Financial system is multiplying on a fast track basis, and will touch $6.5 trillion by 2020. This is projected by the International Financial Service Board. The volume expanded from a meager $150 billion in 1990 to $ 1.8 trillion in 2015, the board reported.
- Categories
- Uncategorized
- Region
- North Africa & Near East
- Tags
- Islamic finance, lending
-
Indian Millionaire’s Vaccine Maker Hunts for Acquisitions
“I do see vaccine companies coming up on the block whether it could be in India or it could be abroad,” Adar Poonawalla, head of Serum Institute of India Pvt. Ltd., said in an interview in the company’s headquarters in Pune, India. “This is the lull before the storm. You are going to see either acquisitions or mergers.”
- Categories
- Health Care
- Region
- South Asia
- Tags
- vaccines
-
To Reach Millennial Customers, This Kenyan Telecom Giant Tried Shopping Like Them
For the last 16 years Safaricom, Kenya’s largest publicly traded company and East Africa’s largest telecom, has focused on signing up more mobile subscribers. With 87% of Kenya’s population already subscribed to mobile phone plans, Safaricom, partly owned by Britain’s Vodafone—along with its newer rivals such as India’s Bharti Airtel or Orange Kenya, partly owned by France’s Orange SA—are now chasing a smaller slice of the pie.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
India to Review US FDA’s Ban on Antibacterial Soap
A week after the US Food and Drug Administration (FDA) banned the use of certain compounds in antibacterial hand and body wash products, India’s Central Drug Standard Control Organization (CDSCO) is set to deliberate whether their use in India poses a public health hazard that requires a closer look, two CDSCO officials said on condition of anonymity.
- Categories
- Health Care
- Region
- South Asia
-
Madagascar Becomes Second Market in Africa With Mobile Money Interoperability
The GSMA today announced that all three mobile money providers in Madagascar – Airtel Money, mVola and Orange Money – are rolling out interoperable mobile money services across the entire country. This launch makes Madagascar the second market in Africa, following Tanzania, where all mobile money providers are making their services interoperable, allowing transactions to flow seamlessly across all mobile money providers.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Mixed Reactions in Ghana Over Interest Payments on Mobile Money
Customers of mobile money services have expressed mixed reactions to the payments of interests, a day after the process started.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.