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How a Sachet of Micronutrient Powder Boosts Somali Children’s Health and Development
Hargeisa, Somaliland March 2015: Hasha Abdi Abdullahi was desperate. She was living in a makeshift camp for the displaced in Hargeisa with her seven children after being forced to leave her home, 50 kilometres away, because of drought. She was heavily in debt and her three-year-old son, Abdisalam Mustafa Farah had started to refuse all food and showed signs of being malnourished.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- nutrition
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Impact Investing Can Help Foundations Avoid Obsolescence
John D. Rockefeller would never have considered abandoning the oil business. But that is exactly what some of his heirs did last fall. The Rockefeller Brothers Fund, a family foundation with $860 million in assets and a long history of supporting environmental causes, announced it would divest itself of all fossil-fuel investments.
- Categories
- Environment
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Daktari Secures $15.5M for Portable Diagnostic
Cambridge-based Daktari Diagnostics is inching towards commercialization of its fast and portable diagnostics platform, securing $15.5 million in equity funding earlier this month with hopes of entering the global market this year.
- Categories
- Health Care
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Alibaba Partners with British Lenders as it Expands Financial Platform Reach
Alibaba, the Chinese internet conglomerate, has formed another strategic alliance to provide loans to businesses. Earlier this month Alibaba inked an agreement with Lending Club to facilitate loans to US businesses seeking to purchase goods from China manufacturers. Now Alibaba has created a similar arrangement with ezbob and iwoca in the United Kingdom. This is the first deal by Alibaba, using e-credit line, to help provide credit to SMEs in Europe.
- Categories
- Technology
- Region
- South Asia
- Tags
- lending
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Viewpoint: America’s Asian Infrastructure Investment Bank Disaster: Are There Lessons to Be Learned?
The floodgates have opened. After the U.K. announced last Thursday that it would seek to join the Chinese-led Asian Infrastructure Investment Bank (AIIB), a trio of other European powers — Germany, France, and Italy — followed suit. With a March 31 deadline looming for countries to gain “founding member” status, expect more states – possibly including Australia and South Korea – to join in as well.
- Categories
- Uncategorized
- Tags
- impact investing
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New Initiatives Launched with €365M to Tackle Major Global Health Problems
A £195M fund to address antimicrobial resistance and a $100M VC fund to spur drug discovery in dementia, both announced by the UK government this week, aim to build international coalitions to deal with these threats.
- Categories
- Health Care
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Press Release: MetLife Foundation Sponsors ‘The Financial Inclusion Challenge’ in Asia
Today, MetLife Foundation announced its exclusive sponsorship and launch of The Financial Inclusion Challenge. The Challenge, developed in partnership with MetLife Foundation and managed by The Wall Street Journal, is a two-year global project launching in Asia with the aim of encouraging non-profit and for-profit enterprises to submit proposals that provide innovative, sustainable solutions for individuals and families struggling to be part of the financial mainstream.
- Categories
- Education, Technology
- Region
- South Asia
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New Report Offers Insights into How Young People Save in Developing Countries
A new project from the Center for Social Development (CSD) at Washington University in St. Louis shows, among other findings, that girls in developing countries, given equal opportunities, will save as much or more in formal financial institutions than boys.
- Categories
- Education
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