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Moving Beyond Microcredit
Microfinance pioneer Muhammad Yunus was driven by the idea that many of the world’s poor are entrepreneurs who could bootstrap their way out of poverty if only they had access to startup capital. But in practice, loan recipients are often already in the middle class, at least relative to local standards. And Yunus did not anticipate the practice becoming a commercial one, which he now blames for higher interest rates.
- Categories
- Uncategorized
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Technology Alone Is Not the Answer in Healthcare
“A technology only solution isn’t going to get us anywhere,” says Shelly Saxena. He’s referring to the growing number of social enterprises and development initiatives that use mobile phones and telemedicine to deliver healthcare in India.
- Categories
- Health Care, Technology
- Region
- South Asia
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Pfizer Partners With South Africa to Produce Pneumococcal Vaccine
Global pharmaceutical company, Pfizer, has partnered with South Africa's Biovac Institute to produce a potentially life-saving pneumonia vaccine for infants, a cabinet minister said on Tuesday.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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South Africa Mulls Allowing Generics for AbbVie HIV Drug
South Africa's government is looking into a recommendation by medical charity Medecins Sans Frontieres to allow generic versions of HIV drug Lopinavir after shortages resulted in interruptions to some treatments in the country with the highest number of infections by the virus.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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‘SEC Ruling on Crowdfunding Both Opportunity and Stumbling Block for Startups’, Expert Says
There has been a lot of talk about SEC’s approval of Title III of the JOBS Act, which allows, for the first time, also non-accredited investors to join equity crowdfunding campaigns.
- Categories
- Technology
- Tags
- crowdfunding, regulations
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Can social entrepreneurs drive inclusive growth in India?
Over 60% of the Indian population still lives on less than $2 (about Rs.130 at current rates) a day. In the World Economic Forum’sInclusive Growth and Development Report 2015, India is placed second highest in terms of net income inequality among 34 countries in the lower-middle-income group.
- Categories
- Uncategorized
- Region
- South Asia
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GE ships ready-made drug factories from Berlin to Beijing
As drug-makers attempt to move up the value chain to manufacture sophisticated new medicines in China, General Electric Co. wants to sell them factories: right off the shelf. “It’s one single manufacturing concept that we can replicate around the world,” said Olivier Loeillot, GE Healthcare Life Sciences’ Asia general manager.
- Region
- Asia Pacific
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Hilleman Lab scouts for partners to develop low-cost vaccines
Hilleman Laboratories today said it is looking to tie up with vaccine specialty companies and government agencies to fund a Rs 300 project for developing some low-cost vaccines in India.
- Region
- South Asia
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