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AstraZeneca Targets Africa Sales Boost
AstraZeneca Plc, the U.K.’s second-largest drugmaker, plans to increase sales in Africa by almost 10 percent a year as the company seeks to capitalize on efforts by governments to improve health-care systems and fight conditions such as high blood pressure and cholesterol.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Reserve Bank of Zimbabwe Approves Adoption of Agent Banking
The Reserve Bank has approved the adoption of agent banking by financial institutions as part of efforts to increase access to financial services, governor Dr John Mangudya said.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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India’s Paytm Is Raising Another $400M to Build Out Its New Payment Bank
Alibaba-backed Paytm, one of the bigger e-commerce startups competing against Amazon in India, is raising money again, just months after a reported $680 million round. Sources close to the company say that Paytm is now looking to raise $400 million by June to help with the launch of Paytm’s new payments business, Paytm Payment Bank.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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WorldRemit Raises $45M to Tackle $600B Market
Remittances start-up WorldRemit has raised $45 million in debt to help it tap the business of using mobile wallets to send money across emerging markets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, remittances
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Menstrual Hygiene Makers Like Aakar Innovations, Saral Designs Signal Emergence of Local Brands
Aakar Innovations, makers of affordable, 100% compostable sanitary napkins for women in low income segments, is testing a new variant of its product that will be made from indigenously available raw materials.
- Categories
- Environment
- Region
- South Asia
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USAID Awards $767,000 Grant to Miller Center for Social Entrepreneurship and New Ventures India for Clean Energy Initiative
In an effort to lift one million of the 289 million people in India without electricity out of darkness, Miller Center for Social Entrepreneurship at Santa Clara University and New Ventures India (NVI) have been awarded a $767,000 grant for an Energy Access Investment Readiness Program. This public-private partnership, made possible by the generous support of the American people through USAID, has the goal to enable delivery of clean, innovative, off-grid power to people in India who currently lack energy access.
- Categories
- Energy
- Region
- South Asia
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Thai Health Policy Seen as Model for Emerging Economies
The President of the World Medical Association said Thailand’s universal health program is a model for other emerging economies in Asia, including India, in providing health services to low income workers. There are growing tensions within the Thai health system amid pressures for co-payments to cope with rising costs.
- Categories
- Health Care
- Region
- South Asia
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IPA Announces Partnership With JPMorgan Chase & Co. to Share Evidence on Financial Inclusion
Innovations for Poverty Action announced today the beginning of a partnership with JPMorgan Chase & Co. to translate research around the world into practical insights for financial service providers engaged with underserved consumers in the U.S. and Europe. This work will be conducted in close partnership with MIT’s Abdul Latif Jameel Poverty Action Lab (J-PAL).
- Categories
- Uncategorized
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