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How One Investment Fund Is Tackling America’s ‘Glaring Inequality’ Problem
Acumen, a New York-based nonprofit global venture fund, today announced it has begun investing in US startups aimed at serving underprivileged Americans.
- Categories
- Impact Assessment, Investing
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Pakistan State Bank Issues Rules for Mobile Banking Interoperability
The State Bank of Pakistan (SBP) and Pakistan Telecommunication Authority (PTA) jointly developed regulations for mobile banking interoperability for banks and mobile network operators to enhance outreach and connectivity.
- Categories
- Technology
- Region
- North Africa & Near East
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Amid India’s Drought Crisis, Suicides Increase Among Farmers Deep In Debt
In India, two consecutive years of weak monsoons have left some 330 million people – a quarter of the country – in the grip of drought. Deepening the crisis, farmers are taking their lives.
- Categories
- Health Care
- Region
- South Asia
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Ford Turning Captured CO2 Into Car Parts
Ford Motor Company claims to be the first automaker to formulate and test new foam and plastic components using captured carbon dioxide (CO2) as feedstock. Within five years, the company expects to be using the new biomaterials in its vehicles.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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How business schools are fostering social impact
At Indian Institute of Management Kozhikode, every student mandatorily takes up a social project as part of the core curriculum. The objective is to make the students understand the society at large and sensitise them to the challenges faced by various sections of the society.
- Categories
- Education
- Region
- South Asia
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Water-Cleaning Book Wins International Design Prize
The Drinkable Book was presented the Design Intelligence Gold Award at a ceremony in Hangzhou, China on Sunday, May 8. The inventor of the book’s water purifying pages, Dr. Theresa Dankovich, accepted the 1M RMB ($153,000) award on behalf of her company, Pittsburgh-based Folia Water, Inc.
- Categories
- Health Care
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Africa Accounts for Only 1.4% of World Insurance Premium
The African Insurance Organisation, AIO, has decried the low level of insurance penetration in Africa, saying that the continent can boast of only about 1.4 per cent of total world premium. President of AIO, Mrs. Lamia Ben Mahmoud who made the assertion at the 43rd Conference and Annual General Assembly of the AIO in Marrakech, Morocco last week noted that there is clear predominance of developed countries on the insurance market.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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An Indian Farmer’s Son Is Now Worth More Than $300 Million After His Health Care Firm’s IPO
By his own admission, Arokiaswamy Velumani was born at the bottom of the pyramid. The son of a landless farmer from the nondescript village of Appanickenpatti Padur in Tamil Nadu, Velumani saw through school and college on subsidised funding from the government.
- Categories
- Health Care
- Region
- South Asia
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