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Why Partnerships Are Crucial for Pushing Vaccine R&D Forward
Students in the Philippines began receiving doses of the world’s first dengue vaccine this week, as the country begins a public immunization program to inoculate 1 million children in 6,000 schools across the island nation.
- Categories
- Health Care
- Region
- South Asia
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Pfizer May Leverage European Approval to Pneumonia Vaccine in Indian Market
New York-headquartered pharmaceutical giant Pfizer is likely to leverage its latest European approval for multi-dose vials of pneumococcal vaccine Prevnar 13 in the Indian market.
- Categories
- Health Care
- Region
- South Asia
- Tags
- vaccines
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Pakistan Unveils First Domestic Payment Gateway
Pakistan on Tuesday unveiled the country’s first domestic payment scheme ‘PayPak’ to facilitate ecommerce and improve financial inclusion.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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Nadda Launches Indigenous Female Condom
Union Minister for Health and Family Welfare J P Nadda has formally launched first indigenously developed natural latex-based female condom.
- Categories
- Health Care
- Region
- South Asia
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Catalytic Finance Initiative Brings Together Banks and Investors, Directs $8 Billion in Capital for High-Impact Sustainable Projects
A consortium of leading financial institutions and investors today announced a new partnership under the Catalytic Finance Initiative (CFI) to direct $8 billion in total commitments toward high-impact sustainable investments. Partners joining the CFI include AllianceBernstein (AB); Babson Capital Management LLC, a subsidiary of Massachusetts Mutual Life Insurance Company (MassMutual); Crédit Agricole CIB; European Investment Bank (EIB); HSBC Group; International Finance Corporation (IFC), a member of the World Bank Group; and Mirova, a subsidiary of Natixis Group, all of which have pledged capital and expertise to develop and advance innovative financing structures for investments in clean energy and other sustainability focused projects. In addition, the Aligned Intermediary, representing a group of long-term institutional investors, will collaborate on specific investment opportunities with members of the partnership. This announcement follows last year’s ratification of the United Nations Sustainable Development Goals (SDG) and the historic climate agreement in Paris. It aims to promote the SDG objectives, including acting on climate change and advancing access to clean energy and water.
- Categories
- Impact Assessment, Investing
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Harnessing the Power of the Private Sector to Fight a Growing ‘Double Burden’
The most recent statistics on child malnutrition are bleak: Nearly half of the deaths of children under the age of 5 in Africa and Asia can be attributed to this preventable condition, according to UNICEF. That translates to approximately 3 million unnecessary deaths each year.
- Categories
- Health Care
- Tags
- nutrition
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VisionFund International and Opportunity International Partner to Expand Financial Inclusion for Unbanked Citizens of Democratic Republic Of Congo
Opportunity International, a next generation microfinance organization that invests philanthropic and social impact capital to spark and scale innovative solutions to global poverty, has entered into a share purchase agreement to sell a majority stake of its microfinance institution in Kinshasa, Democratic Republic of Congo (DRC) to VisionFund International, World Vision’s microfinance arm.
- Source
- Press Release
- Categories
- Uncategorized
- Tags
- microfinance
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Viewpoint: Business Fails the BOP
Businesses have made significant strides in the last 40 years, identifying innovations that make serving the world’s poorest profitable. Although these innovations have unleashed markets, traditional for-profits have made two serious errors in serving the base of the pyramid (BOP).
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