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Survey: Only 14% of Ghanaians Are Happy With Mobile Money Service
The report also disclosed in Accra that 30 per cent of Ghanaians are currently using the mobile money services; 32 per cent tried to use it; 48 per cent know how it works and 68 per cent are aware of availability of the services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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IKEA Foundation Opens Clean Water Access Through Micro-finance Loans
In cooperation with Water.org, the IKEA Foundation will enable 300,000 people to access clean water and sanitation over the next four years through a micro-finance loan program, foundation CEO Per Heggenes said during a discussion in Jakarta.
- Categories
- Health Care
- Region
- Asia Pacific
- Tags
- microfinance
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China’s Contribution to Global Health Security Through Pharma Partnerships
One of the major challenges in developing new medical countermeasures against threats to global health security—be it a new flu pandemic or rapid spread of a neglected disease—is the lack of an underlying commercial market to support the financial investment needed for expeditious drug development and scale-up. This challenge was demonstrated at the outset of the 2014 Ebola outbreak: even though the lethal virus was known for nearly 40 years, there was no cure or vaccine on the market. Paradoxically, while political attention to global health issues has revved up since the Ebola outbreak, funding is as short as ever when it comes to research and development (R&D) to address novel or neglected diseases. The funding shortage could be exacerbated by competing global challenges such as the need to raise money for funding the initiatives of the COP21 and implementation of the UN Sustainable Development Goals.
- Categories
- Health Care
- Region
- South Asia
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Momo, a Mobile Payment Firm in Vietnam, Lands $28M Led by Standard Chartered Bank
Vietnam is emerging as a technology market of note in Asia. Weeks after U.S. VC firm 500 Startups announced a fund for the country, Vietnam-based fintech company Momo has landed a $28 million investment round from banking giants Standard Chartered (SCB) and Goldman Sachs.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments, fintech
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Pfizer Joins Human Vaccines Project
Pfizer said today it will join the Human Vaccines Project, a public–private consortium focused on speeding up development of vaccines and immunotherapies against major infectious diseases and cancers by decoding the human immune system.
- Categories
- Health Care
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Study: Micro-financing Impoverished Communities ‘Can Lead to Increased Debt Levels and Suicide’
Micro-financing "led to a higher level of debt among already impoverished communities" in the developing world, instead of kickstarting jobs, according to new study. After months of research in Bangladesh, Dr Laurel Jackson has warned that the practice of providing small loans to poor families is dramatically increasing stress and debt levels.
- Categories
- Uncategorized
- Tags
- microfinance, research
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J&J Expands Project That Aims to Predict, Prevent Diseases
Johnson & Johnson has ramped up its ambitious project to learn how to predict who will develop particular diseases and find therapies to prevent or stop the disease early, when it's most treatable.
- Categories
- Health Care
- Tags
- research
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Social Impact Investment in India Set to Double By 2020
Combining profits with philanthropy is no easy task but a growing number of social venture capital funds and impact investors are doing just that.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
- Tags
- impact investing
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