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Glaxo promises to give world’s poorest access to its top treatments
Sir Andrew Witty, the outgoing chief executive of GlaxoSmithKline, has unveiled plans to make the company’s latest drugs available to the world’s poorest people at a fraction of the commercial price.
- Categories
- Health Care
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Kiva Cofounder Raises $9.2 Million For A ‘Branchless Bank’ For The Developing World
For his new concept of a “branchless bank,” Flannery’s going the startup route with some of Silicon Valley’s best known investors.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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India Expects First Loan From China’s Infrastructure Bank
The bank is China’s latest thrust into international diplomacy.
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- Investing
- Region
- South Asia
- Tags
- renewable energy, solar
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Why African fintech startups are so attractive to investors
The recently-released African Tech Startups Funding Report released by Disrupt Africa found fintech was the most popular destination for funding in the tech sector after solar in 2015.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Visa Enters Somalia’s Financial Market
Visa Inc. has signed an agreement with Somalia’s Premier Bank that will enable Visa cardholders in Somalia to use Premier Bank’s ATM network in the country.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Samsung Pay Joins China’s Trillion Dollar Mobile Wallet Market
With Apple already expecting China to be its biggest mobile payment market, it's no surprise that its biggest direct competitor, Samsung, also wants a slice of this piping hot pie. After a one-month public beta, today the Korean giant is officially launching its Samsung Pay service in China in partnership with UnionPay -- inevitably the same bankcard company thathelped launch Apple Pay locally. In other words, only UnionPay credit and debit cards -- up to 10 of them per device -- can be associated with local Samsung phones for the time being.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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A New mHealth Device to Tackle Global Health
That global health is a puzzle that mobile health technologies can help to solve is not new. But it's always amazing to see entrepreneurs dream up new applications nonetheless.
- Categories
- Health Care, Technology
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Living Cities Launches New $31 Million Blended Catalyst Fund for Social Impact Investment in US Cities
Living Cities today launched the Blended Catalyst Fund, a $31 million impact investing debt fund that will test innovative approaches to solving urban problems. The Blended Catalyst Fund combines philanthropic and commercial debt under the premise that both types of capital are needed to support initiatives that achieve better results for low-income people in US cities. The Fund currently includes ten philanthropic and commercial investors that are committed to increasing the flow of available capital to meet growing demand for social services across the country.
- Categories
- Investing
