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Framework Unveiled to Raise Financial Literacy
A national financial education framework has been launched to address money literacy and consumer protection challenges.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Stepping in for Social Enterprises
With nearly a decade and a half of working in the social enterprises space, Paul Basil firmly believes that there is a huge gap in funding for-profit ventures that cater to the bottom of the pyramid. There are funds available at the angel space and then at the Series A stage, when the ventures get their first round of funding from VC firms. But, between the angel and the Series A stage, there is a huge gap.
- Categories
- Investing
- Region
- South Asia
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GSMA Releases 2015 State of the Industry Report on Mobile Money
Mobile money has done more to extend the reach of financial services in the last decade than traditional “bricks and mortar” banking has in the last century.
- Categories
- Technology
- Tags
- fintech
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Synthetic biology’s first malaria drug meets market resistance
Commercial use of genetically engineered yeast to make medicine has modest impact.
- Categories
- Health Care
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Study: Vaginal Ring Offers Some Protection Against HIV
An insertable vaginal ring containing a month's supply of a continuous-release HIV prevention drug reduced the risk of HIV in African women by at least 27 percent, a new study found.
- Categories
- Health Care
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Indian Government’s Financial Inclusion Dream Still Unrealized
"Never before in economic history would 15 million bank accounts have been opened on a single day. Never before has the Government of India organised a programme of such scale," Prime Minister Narendra Modi said on August 28, 2014, launching the Pradhan Mantri Jan Dhan Yojana (Prime Minister's People's Wealth Programme/PMJDY).
- Categories
- Uncategorized
- Region
- South Asia
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Viewpoint: Impact Start-Ups Left Out of India’s Funding Boom
Aasaanjobs’ fund-raising journey has been a bit different so far from most impact start-ups. Last January, the Mumbai-based company picked up $1.5 million in seed capital from Inventus Capital Partners and IDG Ventures India. Both are mainstream venture capital firms and generally don’t back businesses that focus on consumers at the bottom half of the pyramid. This week, the two firms increased their investment when the company raised $5 million in a Series A round led by Aspada Advisors, the venture capital firm backed by Soros Economic Development Fund.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
- Tags
- impact investing
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Apple’s $1.5 Billion in Green Bonds the largest Ever By a U.S. Corporation
Apple has issued $1.5 billion in bonds dedicated to financing clean energy projects across its global business operations, the largest green bond to be issued by a U.S. corporation, the company’s head of environmental policy said Wednesday.
- Categories
- Energy, Environment
- Tags
- renewable energy
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