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Ratan Tata, Nandan Nilekani to Start Microfinance Company
Mumbai: Ratan Tata, chairman emeritus of Tata Sons, Vijay Kelkar, former finance secretary and chairman of the National Institute of Public Finance and Policy, and Nandan Nilekani, co-founder of Infosys Ltd and the architect of Aadhaar, are joining hands to start a microfinance institution (MFI).
- Categories
- Uncategorized
- Region
- South Asia
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Maj Targets Andes Nations With $100 Million Micro Finance Fund
Maj Invest, a Danish asset manager with $8 billion in assets, is looking to boost acquisitions in the micro finance industry in the Andean region. The Copenhagen-based asset manager is in the process of raising capital to grow the size of its Maj Invest Financial Inclusion Fund II to $100 million by June from $75 million now, according to Kasper Svarrer, who oversees Maj’s private-equity business in emerging markets.
- Categories
- Uncategorized
- Region
- Europe & Eurasia
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Shared Priorities Make India-Africa Health Tie-Up Critical: ICMR Chief
In an attempt to bring down dependence on the West for expertise on health research, the government is preparing the ground for a partnership with the African continent.
- Categories
- Health Care
- Tags
- research
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Can Clinton global health charity survive loss of former president’s clout?
Bill Clinton has promised to leave the Clinton Foundation board if Hillary Clinton is elected president, but his potential departure from another Clinton charity could have far greater consequences for global health.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Billion dollar funding package agreed for universal health coverage in Africa
The World Bank and the Global Fund will invest $24bn in Africa over the next three to five years in order to accelerate universal health coverage across the continent. The bank and the fund, which works to tackle AIDS, TB and malaria, announced the funding at a Japanese-backed conference on African development in Kenya last week.
- Categories
- Health Care, Impact Assessment
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Mark Zuckerberg is on a surprise visit to Nigeria, Facebook’s largest African market
Mark Zuckerberg, founder of Facebook, is visiting Nigeria for a few days. Zuckerberg says he’ll be “meeting with developers and entrepreneurs, and learning about the startup ecosystem in Nigeria” during his time in Lagos. In line with this, Zuckerberg’s first notable stop was at Co-Creation Hub (Cc Hub), in Yaba, Lagos’ Silicon Valley-style ground zero for start-ups.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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PPP Model Can Make India One of Top 5 Global Pharma Innovation Hubs
New Delhi: To push India into top five pharmaceutical innovation hubs by 2020, the government is preparing for multi-billion dollar investment with 50 per cent public funding through its Public Private Partnership (PPP) model to enhance innovation capability, reveals the joint study of Assocham and TechSci Research.
- Categories
- Health Care, Investing
- Region
- South Asia
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Climate Change Predicted to Halve Coffee-Growing Area That Supports 120m People
Climate change is going to halve the area suitable for coffee production and impact the livelihoods of more than 120 million of the world’s poorest people who rely on the coffee economy, according to a new report by the Climate Institute, commissioned by Fairtrade Australia & New Zealand.
- Categories
- Agriculture, Environment
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