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‘Swiss Leaks’ Catastrophic for African Economies
Developing countries in Africa have been hit by the full force of the recent Swiss Leaks scandal. The Swiss branch of HSBC bank cost Tanzania, Senegal and the Ivory Coast over 30% of their national health budgets. EurActiv France reports.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- public health
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Reshaping a Narrative as Canada’s Community Foundations Move Into Impact Investing
After decades of existing primarily to distribute grants, many of Canada’s 191 community foundations have been wading into a new kind of financial activity, impact investing. The shift encompasses exploring deep questions about their reason for being and how they are/should be showing up in the world.
- Categories
- Impact Assessment
- Tags
- impact investing
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Boy Walked Eight Days to Treat Broken Arm
When his eight-year old son Dharmaraj broke his hand while grazing cattle in the remote mountains of Humla, Mansingh Thapa took him to a private clinic in Simkot. It cost Rs 4,500 just to get Dharmaraj’s hand in a cast.??But the pain in the boy’s arm did not subside. Unable to afford a second visit to the clinic, Mansingh packed his belongings, slung Dharmaraj on his shoulders and set off on an eight-day walk to Bayalpata Hospital in Achham district. ?“What could we do? We didn’t have any other choice,” said Mansingh who had heard about Bayalpata from friends who had received free treatment here.
- Categories
- Health Care
- Region
- South Asia
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Impact Investor Global Partnerships Invests in Solar to Connect the Poor With Light
To this day, an estimated 1.3 billion people do not have access to electricity. That is over a billion people who struggle to refrigerate their food and medicine, study at night to further their education, or charge their mobile phones. Electricity is crucial to human well-being and development, and lack of access to it is a huge barrier to overcoming poverty in the developing world.
- Categories
- Energy
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Agriculture Insurance Turning Around Farmers’ Lives in East Africa
Jackie Kiconco sits in her garden with her right hand supporting her chin. Her eyes are gazing across the maize garden that she had planted but because of late rainfall, the seeds failed to germinate.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Upwardly Mobile: The Power of a United Approach to African Payment Innovation
The growing use of banking services in South Africa is driven by a national rollout of social security debit cards and strong economic growth across finance, real estate and business services sectors. According to the Banking Association of South Africa, just under a quarter of the adult population (23.5%) remains unbanked.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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Intellectual Ventures Teams Up with GE to Fight Malaria
Intellectual Ventures’s Global Good division has teamed up with General Electric to create a new test for malaria that’s designed to spot even the parasites that cause the disease, even in cases that would otherwise be missed by traditional testing.
- Categories
- Health Care
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Viewpoint: Smaller Banks Better Suited for India’s Financial Inclusion Drive; Modi Should Have Waited
There are too many takers for licences for small-sized banks. A total of 113 companies knocked the doors of Reserve Bank of India (RBI) with applications when the deadline expired at the close of business hours on 3 February. The list (see here) includes both the biggies and tiny names.
- Categories
- Uncategorized
- Region
- South Asia
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