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Airtel Now Rolls Out Cross Border Mobile Money Service Between DRC, Zambia, and Rwanda
Bharti Airtel, the leading global telecommunications services provider with operations in 20 countries across Africa and Asia, has today announced the launch of a cross-border money-transfer service for Airtel Money customers between The Democratic Republic of Congo (DRC), Zambia and Rwanda.
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- Technology
- Region
- Sub-Saharan Africa
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Deutsche Bank Closes $50 Million Social Enterprise Fund
Deutsche Bank’s Global Social Finance Group today announced the closing of the Essential Capital Consortium (ECC), a five-year USD 50 million social enterprise fund, which is part of its family of social impact funds first launched in 2005.
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- Uncategorized
- Tags
- microfinance
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Next Phase of Jan Dhan Yojana to Mobilize Financial Savings
The finance ministry on Wednesday said the next phase of the government's ambitious financial inclusion scheme, Pradhan Mantri Jan Dhan Yojana (PMJDY), will be focused on mobilisation of financial savings to reverse the decline in the savings rate.
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- Uncategorized
- Region
- South Asia
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New MacArthur President Promises Grant Making With a More Immediate Impact
The John D. and Catherine T. MacArthur Foundation looked within its own ranks to pick its new president, Julia Stasch, who has promised to instill a sense of urgency at the grant maker.
- Categories
- Education, Technology
- Tags
- philanthropy
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Lending to Poor Farmers: Seeding the Market
“Coffee is our gateway drug,” jokes Willy Foote, founder of Root Capital. “Then we move on to harder stuff, like cocoa, cashews, quinoa and sorghum.” That is how the firm got started in 1999, after Mr Foote quit his job as a Wall Street analyst, lending $73,000 to a coffee (and cardamom) co-operative in Guatemala. It has since expanded to 25 countries in Latin America and Africa, and in December set up shop in Indonesia, with a loan of $550,000 to an organic coffee co-operative.
- Categories
- Agriculture
- Tags
- lending
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From the Gates Foundation, Direct Investment, Not Just Grants
The Ebola crisis underscored a problem that vexes experts in global health: Vaccines are one of the most cost-effective ways to save lives, especially in developing countries, yet traditional vaccines can take years to develop.
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- Health Care
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Top 10 Illnesses That Have Developed an Immunity to Vaccines
The medical community has been issuing alerts about mutating viruses and increases in the frequency of infectious disease. The changes make it more difficult to control diseases that have become resistant to vaccines and antibiotics.
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- Health Care
- Tags
- vaccines
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Cholera vaccine succeeds in rural Haiti
A vaccination campaign that almost didn't happen was widely effective in reducing transmission of cholera in the midst of an ongoing outbreak of the disease in rural Haiti.
- Categories
- Health Care
- Tags
- public health, vaccines
