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MTN & EcoCash launch sub-Saharan Africa’s first operator-to-operator cross-border remittance channel
EcoCash and MTN Zambia officially unveiled a remittance partnership that will enable MTN customers in Zimbabwe’s northern neighbor to send money into the country via the mobile platform MTN Money Wallet.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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United Nations study finds digital payments to Ebola response workers saved lives and $10 million
By using digital payments to pay Ebola response workers, Sierra Leone massively cut payment times, avoiding large-scale strikes and ensuring a stable workforce to defeat Ebola.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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This Social Entrepreneur Got Attention and Funding from Ratan Tata
Ratan Tata, one of the famous business tycoons of India is again in news for his love for startups. The Tata Sons Chairman Emeritus has invested in San Francisco-based medical emergency response startup MUrgency Inc. The mobile app startup makes emergency response available with one tap on a mobile phone in less than 9.0 minutes in urban areas.
- Region
- South Asia
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GIIN Launches Annual Impact Investor Survey 2016
The Global Impact Investing Network (GIIN) today published the sixth edition of its Annual Impact Investor Survey, which signals continued market growth and an increasing interest in impact investing opportunities. With a sample that comprises 158 of the world’s leading impact investors, the survey provides detailed insight into investor perceptions and a number of key market variables such as types of investors, the number and size of investments made, target returns, and impact measurement practices. During 2015, respondents committed a total of $15.2 billion to impact investments and, as of year’s end, managed over $77 billion in impact assets. Impact investments continue to be made across different geographies, a range of sectors, and multiple asset classes.
- Categories
- Impact Assessment, Investing
- Tags
- impact investing
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India Eyes Oil-for-Drugs Deal With Venezuela to Recoup Pharma Cash
Indian officials say they have proposed an oil-for-drugs barter plan with cash-strapped Venezuela to recoup millions of dollars in payments owed to some of India's largest pharmaceutical companies.
- Categories
- Health Care
- Region
- Latin America
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MasterCard Commits Up to $1 Million to Advance Financial Inclusion in Rwanda
The MasterCard Centre for Inclusive Growth has committed up to $1 million over the next three years in order to advance economic growth and financial inclusion in Rwanda. The funds will be used to deliver a holistic mix of tools and resources, providing an opportunity to connect micro-entrepreneurs in Rwanda to the formal economy. This will help them to expand their business.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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The Unstoppable Rise of Fintech Is Rapidly Changing the Way Africans Transact
Africa is fertile ground for new fintech services which are leveraging the power of communities and social media to make financial services more relevant, while using data to deliver more meaningful financial services on an ongoing basis.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Colombia Battles World’s Biggest Drugmaker Over Cancer Drug
Colombia's government is giving pharmaceutical giant Novartis a few weeks to lower prices on a popular cancer drug or see its monopoly on production of the medicine broken and competition thrown open to generic rivals.
- Categories
- Health Care
- Region
- Latin America
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