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Viewpoint: Why M-Pesa ‘will never work in South Africa’
In the wake of Vodacom's decision to close down its M-Pesa mobile money service in South Africa at the end of this month, a pioneer of mobile financial services for the mass market has said mobile operators will never be successful in the financial services industry.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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New MacArthur Competition to Award $100 Million to Help Solve a Critical Problem of Our Time
A new competition launched today will award a $100 million grant to a single proposal designed to help solve a critical problem affecting people, places, or the planet.
- Categories
- Uncategorized
- Tags
- philanthropy
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Study: Cancer Drugs Less Affordable in Poor Nations Than US
Cancer drugs predictably cost much more in the U.S. than in poor countries and even other wealthy nations, but a study shows they are less affordable in some developing countries despite the lower price.
- Categories
- Health Care
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The Innovative Finance Revolution
The costs of economic, social, and environmental problems compound over time, whether it’s an Ebola outbreak that escalates to an epidemic, a flood of refugees that tests the strength of the EU, or the rise of social inequalities that reinforce poverty.
- Categories
- Impact Assessment
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EcoCash removes transaction fees, makes mobile money payments free in Zimbabwe
Zimbabwe is currently experiencing cash shortages and this has resulted in banks reducing withdrawal limits. Mobile money services like EcoCash have also been affected and some agents have run out of cash for some transactions.
- Categories
- Impact Assessment
- Region
- Sub-Saharan Africa
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Price cap on medical devices could prove counterproductive, say doctors
Mansukhalal Suvalal, 77, travelled all the way from Ahmednagar, Maharashtra to Bengaluru, accompanied by his grandchildren, hoping to break his decade-long silence. In his battle with Stage IV throat cancer, he had lost his voice box after he underwent laryngectomy .
- Categories
- Health Care
- Region
- South Asia
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Cash Is Costly in the Caribbean, Says Mastercard Study
A study commissioned by MasterCard indicates that nine out of 10 transactions in Jamaica are done by cash or cheques, underscoring the problem of costly informality, according to the global card company.
- Categories
- Uncategorized
- Region
- Latin America
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Cameroonian inventor wins prize for handheld tablet bringing medicine to rural areas
Cardio Pad enables heart patients in remote areas to access healthcare without journeying to the cities where most heart specialists work.
Zang -- who won gold at the Africa Prize for the invention -- explains that the tablet comes with "four electrodes, which are attached to the patient's chest to determine whether their heart is functioning normally".- Categories
- Health Care
- Region
- Sub-Saharan Africa
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