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Egyptian Government and Visa Sign Agreement to Help Bring Electronic Payments to Government Subsidies
The Egyptian government, represented by the Ministry of Supply and Internal Trade and the Ministry of Planning, this week signed a Memorandum of Understanding (MOU) with Visa Inc., to enable electronic payment of government subsidies to 22 million Egyptian families.
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- Technology
- Region
- North Africa & Near East
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Viewpoint: How Mobile Banking Can Protect Refugees
“Mean spirited”, “inhumane” and desecrating the spirit of the Refugee Convention are some of the milder criticisms levelled at Denmark’s harsh new asylum laws, passed last week. Among new measures is a decision to strip new arrivals of any cash and valuables worth more than 10,000 kroner (US$1,450), purportedly to pay for their upkeep. Switzerland and some southern German states have introduced similar policies.
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- Technology
- Region
- North Africa & Near East
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Cancer Day: Kenyans Go to India for Treatment
In Kenya, cases of cervical and breast cancer, are the common forms of cancer among women and are on the rise. But other forms of cancer like liver and the pancreatic cancer have also become common.
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- Health Care
- Region
- Sub-Saharan Africa
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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.
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- 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.
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- 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
