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UBS Cancer Fund Shows Power of Impact Investing
UBS Wealth Management is proving investors in Asia will warm to funding projects with social and environmental benefits if the potential returns deliver.
- Categories
- Environment, Investing
- Region
- South Asia
- Tags
- impact investing
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Challenging Conventional Wisdom in Social Innovation
There are no shortage of books on social entrepreneurship and innovation, but are they the books young people need? Do we have the right balance between theory and practice, or mechanics and motivation? Whose voice is dominant? What’s wrong with many of the current books on offer that drove me to publish two of my own?
- Categories
- Uncategorized
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Remitly Raises $38.5M to Expand Mobile Money Transfers Globally
Remitly, a Seattle startup that helps immigrants send money home, has raised a $38.5 million funding round and announced it will expand to Canada.
- Categories
- Investing, Technology
- Tags
- fintech, remittances
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Charity Urges Price Cut for Pneumonia Vaccine for Poor Children
Global charity Medecins Sans Frontieres delivered a petition with hundreds of thousands of signatures to pharmaceutical giant Pfizer Inc on Wednesday, asking the drugmaker to slash the price of its pneumonia vaccine for poor children.
- Categories
- Health Care
- Tags
- vaccines
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Is Jim Kim Destroying the World Bank — or Saving it From Itself?
In a shantytown perched in the hilly outskirts of Lima, Peru, people were dying. It was 1994, and thousands of squatters — many of them rural migrants who had fled from their country’s Maoist guerrilla insurgency — were crammed into unventilated hovels, living without basic sanitation. They faced outbreaks of cholera and other infectious diseases, but a government austerity program, which had slashed subsidized health care, forced many residents to forgo medical treatment they couldn’t afford. When food ran short, they formed ad hoc collectives to stave off starvation.
- Categories
- Uncategorized
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Cheap Device for Examining Eyes Successfully Tested
A simple eye examining device that may offer a cheap way to improve medical care and training in developing countries has been successfully tested in Africa and Pacific island states.
- Categories
- Health Care
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U.S. Government’s Development Finance Institution, OPIC, Announces $50 Million Investment in Impact Investing Pioneer Root Capital
The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, announced today a renewed commitment to agricultural impact investor Root Capital. OPIC’s commitment, an increase to a $50 million financing facility, is Root Capital’s largest source of funding, and will significantly support Root Capital’s established on-lending program to rural, underserved businesses in Latin America and Africa.
- Categories
- Agriculture, Investing
- Tags
- impact investing
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Hikma Pharmaceuticals Launches $30M Digital Health Venture Fund in Amman
Hikma Pharmaceuticals has launched a $30 million strategic venture capital fund focused on digital health, therapeutics, and diagnostics startups.Founded in August 2015, the Amman-based Hikma Ventures operates as the corporate venture capital arm of Hikma Pharmaceuticals.
- Categories
- Health Care, Investing
- Region
- North Africa & Near East
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