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India Battles China for Kenya’s Market
India is seeking to recapture its long-held position as Kenya's largest source of imports from China.
- Categories
- Health Care
- Region
- South Asia
- Tags
- impact investing
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IFMR Investment Launches $38 Million Debt Fund in India
IFMR Investment Managers Pvt Ltd, a Chennai-based asset management company, is raising a Rs.250 crore (about $38 million) debt fund to invest in businesses that target consumers at the bottom half of the pyramid, such as firms that finance affordable housing or agri-business.
- Categories
- Investing
- Region
- South Asia
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Uber, FIFA and Rich Muslims Eyed to Help Plug World Aid Gap
A $15 billion shortfall in global humanitarian aid could be addressed by tapping into innovative sources of finance, such as smartphone apps, the football industry and wealthy Islamic donors, a United Nations panel of experts said on Sunday.
- Categories
- Health Care
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National Bank & Airtel Kenya Ink Major Pact to Expand Reach
National Bank of Kenya and Airtel Kenya have announced the opening of their distribution networks to offer each other’s services in a major partnership agreement geared at expanding reach of services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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India Waives Large-Scale Clinical Trials for Sanofi’s Dengue Vaccine
An expert consultative committee of the Indian drug regulatory agency has waived a large-scale clinical trial for a dengue vaccine developed by French drug maker Sanofi. The Subject Expert Committee, which advises the Drug Controller General of India, as part of its Jan 12 meeting said it "recommends for market authorization of the vaccine in the age group of 18-45 years only with the condition to conduct Phase IV clinical trial in time bound manner."
- Categories
- Health Care
- Region
- South Asia
- Tags
- vaccines
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Viewpoint: Why Microfinance Is Becoming a Bad Word All Over Again in India
Just when everyone thought the microfinance industry – which almost collapsed after the Andhra Pradesh crisis in 2010, when more than 60 persons committed suicide due to indebtedness – is resurgent and poised to touch new heights in lending to the poor, the spectre of another crisis looms on the horizon.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Health Startups Cry Foul Over Tender
While the country is prepping hard for the launch of the 'Startup India' movement by prime minister Modi on Saturday, most healthcare startups are suffering teething problems; that of selling their products to the government sector. Medical technology startups are struggling to scale up, especially with regard to tapping into the government hospitals market, because of the rigid tendering processes in place. Major challenges at the entry point for these startups include guidelines such as a minimum of three years' industry experience, no single-bidder policy and tenders not being time-bound.
- Categories
- Health Care
- Region
- South Asia
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Remitly Nears $1B Mobile Money Transfer Mark
Remitly, a U.S.-based mobile payments service, is nearing its next milestone. The company announced yesterday (Jan. 12) that its money transfer growth grew more than 400 percent in 2015, giving it close to $1 billion in annualized mobile money transfers. The company noted that December was a record month for the company.
- Categories
- Uncategorized
- Tags
- remittances
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