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Crowdfunding Site for Global Health Projects Prepares to Launch
Over the past several years, crowdfunding websites like Kickstarter, Indiegogo and Kiva have helped people all over the world raise money for a host of activities—artistic endeavors, tech startups, community or personal projects, charities, and more. Now there are plans for a crowdfunding site focused on raising money specifically forglobal public health projects—things like stocking a rural health clinic or providing a water filtration system for a small village.
- Categories
- Health Care
- Tags
- crowdfunding
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Health Gap Between Urban Rich and Poor Getting Worse
In cities, access to quality health care varies greatly between the rich and poor, from Lagos to Washington, D.C. The poorest urban children in some developing countries are twice as likely to die as their wealthy counterparts. Steps must be taken immediately to eliminate health inequality, says charity group Save the Children.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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How Mobile Money Is Saving Africa $2bn Annually
Mobile phones have proven to be potential game-changers inboosting access to financial products and services to people in Africa. This is particularly true for those at the bottom of the socio-economic pyramid as seen in East Africa. It has often been appraised based on its contribution to ‘banking the unbanked’, but mobile money has achieved much more, it has saved the continentnearly $2 billion previously lost annually to inefficient money transfer.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Safaricom Safe From Being Declared Market Dominant in Kenya, Regulator Says
Kenya's competition regulator said it won’t impose penalties on mobile-phone company Safaricom Ltd. to limit its market dominance as there’s no evidence to suggest the company has abused its position.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- regulations
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Cryptocurrency Maker Ripple Labs Fined $700K for Flouting Financial Regs
Today federal regulators announced a fine (PDF) of $700,000 against cryptocurrency company Ripple Labs for failing to register as a money service business. Ripple Labs built a payment transfer platform that people can use to move real or virtual money, and the company maintains its own cryptocurrency, called XRP II, which loosely compares to Bitcoin. (Unlike Bitcoin, XRP was fully generated before it went on the market, so an equivalent to Bitcoin miners doesn't exist in XRP.)
- Categories
- Uncategorized
- Tags
- regulations
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Western Union Said in Early Stage Talks to Buy Rival MoneyGram
Western Union Co. is in early-stage talks to acquire smaller rival MoneyGram International Inc., people with knowledge of the matter said, as both companies contend with stiff competition from upstart money-transfer companies.
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- Uncategorized
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Impact Investing Grows, but There’s Still a Dearth of Deals
A new study found that 146 of the world’s largest impact investors manage a big hunk of change: $60 billion. But they also continue to bemoan a lack of high-quality investment opportunities. And finding a way to exit isn’t easy.
- Categories
- Uncategorized
- Tags
- impact investing
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Press Release: Greta Bull Appointed New CEO of CGAP and World Bank Group Director
The Consultative Group to Assist the Poor (CGAP), today announced the appointment of Greta Bull as its new CEO. As CGAP’s CEO, Ms. Bull is also a Director at the World Bank Group.
- Categories
- Uncategorized
- Tags
- microfinance
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