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Alibaba enters into strategic partnership with Indian mobile wallet company Paytm
Through its marketplace AliExpress, Alibaba has entered into a strategic tie-up with Indian mobile wallet company Paytm.
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- South Asia
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Affordable Housing: Where Success Favours the Brave
Affordable and mid-income housing is a beast like no other. It has a business model that bears little similarity to traditional real estate where developers often rely on price appreciation. Here, the margins are a lot lower, and builders must construct township-like projects quickly. A delay can wipe out profits, while buyers don’t have the ability to pay EMIs if projects are held up. Despite these challenges, three companies—Ashiana Housing, Poddar Developers and Value Budget Housing Corporation (VBHC)—have decided to focus on this segment.
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Inside the Inflatable Hospital That’s Saving Lives in Nepal
For a doctor doing surgery, the most important things to focus on (besides cutting in the right place) are being fast and clean. That’s tough enough to accomplish in a brick-and-mortar hospital—let alone a temporary operating room in the middle of a disaster zone. But that’s exactly what Médecins Sans Frontières (Doctors Without Borders, for you stubborn Anglophones) does best, and it’s what they’ve been doing for the past week in Nepal. A surprisingly critical part of that remote rescue? Blow-up tent hospitals.
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- Health Care
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- South Asia
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Press Release: Acumen Launches to Tackle Poverty in Latin America
Acumen announced today its expansion to support social entrepreneurship in Latin America. The pioneer in impact investing will be headquartered in Bogotá and will invest in innovative entrepreneurs and enterprises in Colombia and Peru to drive faster, sustainable solutions to poverty and create new paths forward to tackle economic inequality. While extreme poverty in Latin America has declined by half, more than 80 million people still live on $4 a day and more than 200 million are at risk of being pulled back into poverty by economic instability and climate change.
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- Latin America
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Crowdfunding Site for Global Health Projects Prepares to Launch
Over the past several years, crowdfunding websites like Kickstarter, Indiegogo and Kiva have helped people all over the world raise money for a host of activities—artistic endeavors, tech startups, community or personal projects, charities, and more. Now there are plans for a crowdfunding site focused on raising money specifically forglobal public health projects—things like stocking a rural health clinic or providing a water filtration system for a small village.
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- Health Care
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- crowdfunding
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Health Gap Between Urban Rich and Poor Getting Worse
In cities, access to quality health care varies greatly between the rich and poor, from Lagos to Washington, D.C. The poorest urban children in some developing countries are twice as likely to die as their wealthy counterparts. Steps must be taken immediately to eliminate health inequality, says charity group Save the Children.
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- Health Care
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- Sub-Saharan Africa
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How Mobile Money Is Saving Africa $2bn Annually
Mobile phones have proven to be potential game-changers inboosting access to financial products and services to people in Africa. This is particularly true for those at the bottom of the socio-economic pyramid as seen in East Africa. It has often been appraised based on its contribution to ‘banking the unbanked’, but mobile money has achieved much more, it has saved the continentnearly $2 billion previously lost annually to inefficient money transfer.
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- Sub-Saharan Africa
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Safaricom Safe From Being Declared Market Dominant in Kenya, Regulator Says
Kenya's competition regulator said it won’t impose penalties on mobile-phone company Safaricom Ltd. to limit its market dominance as there’s no evidence to suggest the company has abused its position.
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- Sub-Saharan Africa
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- regulations