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India: Moving a Billion People into Digital Finance
Digital finance has great potential to improve life for consumers and merchants in India. But the lack of familiarity has impeded digital money’s growth in the country. This lack of awareness exists despite India Prime Minister Narendra Modi’s national mission for financial inclusion.
- Categories
- Uncategorized
- Region
- South Asia
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Bill Gates Doubles Down to Scale Up Financing for New Impact Fund Managers
When Bill Gates agreed a couple years ago to put a small piece of his personal fortune into a fund that invests in companies serving low-income customers in India, he invited the fund managers to return with a plan to scale up their investments and their social impact. The fund managers recently took such a plan to Gates, and have again come away with not only a check, but an endorsement from the world’s richest man. Gates also co-chairs the world’s biggest philanthropy, but his new personal investment in the Capria Accelerator Fund is about business, not charity.
- Categories
- Investing
- Tags
- impact investing
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Uganda Preparing Law to Regulate Microfinance Institutions
Government is in advanced stages of establishing a law that will pave way for the formation of an autonomous institution that will license, regulate and supervise non-Microfinance Deposit Taking Institutions (MDIs), an official has disclosed.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- microfinance, regulations
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Uganda’s Kiira Motors Unveils ‘Africa’s First Solar Bus’
A solar-powered bus described by its Ugandan makers as the first in Africa has been driven in public.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Bharat Biotech Says Working on Two Possible Zika Vaccines
Indian biotechnology company Bharat Biotech said on Wednesday it was working on two possible vaccines to fight the Zika virus, which has been linked to birth defects in thousands of babies in Brazil.
- Categories
- Health Care
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Report: Social/Impact Venture Firms Invested $95 Million in India in 2015
Social/ Impact Venture Firms invested about US$95mn over 53 deals in India during the twelve months ended December 2015, according to data from Venture Intelligence, India’s longest serving research service focused on private company financials, transactions and valuations.. Deal activity increased 8.2% compared to 2014 (which had witnessed 49 such investments valued at US$106mn).
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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The country that supplies eyes
To restore sight to damaged eyes, doctors often need to transplant the cornea – the transparent covering of the iris and the pupil – from a donor's dead body. There is a worldwide shortage, but one country, Sri Lanka, is doing its best to satisfy demand, without seeking any reward – at least in this life.
- Categories
- Health Care
- Region
- South Asia
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Report: Digital Money Is Now ‘Part Of The Fabric Of The Modern World’
A recent report from Imperial College London with Citi digs deeper into digital money – its benefits, global adoption, tipping point and much more.
- Categories
- Uncategorized
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