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India next on Abbott’s global rebranding map
In a bid to reach out and engage with consumers more, the $22-billion US healthcare major Abbott is redefining its corporate identity, with India becoming one of the first markets after the US and Brazil where the change is being rolled out.
- Categories
- Health Care
- Region
- South Asia
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An IPO at the Base of the Pyramid?
Some say D.light could be one of the first base-of-the-pyramid IPOs to offer shares on a major stock market.
- Categories
- Uncategorized
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Tanzania: CRDB, European Bank Sign Landmark Sh43 Billion Deal to Support Small Businesses
CRDB Bank and European Investment Bank (EIB) have signed a landmark 20 million Euros (about Sh 43 billion) agreement to support small scale businesses.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Survey: Banking growth has not boosted savings in South Africa
The number of banked South Africans has grown to 27.4 million over the past ten years, or about 75% of the total adult population. But this increase has not translated into a higher incidence of saving, with only 20% of banked adult South Africans saving either in banks or non-bank financial institutions.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Germany’s GIZ looks to break Islamic microfinance shortfall
A series of German-funded studies and pilot projects aims to bridge the gap between Islamic finance and microcredit, to the benefit of communities in developing countries which remain on the fringes of the financial industry.
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- Uncategorized
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PRESS RELEASE: Pershing Square Foundation Makes $611,000 Grant To myAgro To Support Small-Scale West African Farmers
The Pershing Square Foundation has announced a grant of $611,000 to myAgro – an organization that helps small-scale West African farmers save their way out of poverty through a unique mobile layaway lending program, allowing them to increase harvests by an estimated 75%.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Safaricom of Kenya Braces for Competition on Key Cash Earner
Safaricom Ltd., East Africa’s biggest cellular-network operator, is bracing for competition in its key mobile-money business that helped boost first-half profit by 30 percent, CEO Bob Collymore said.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Crowdfunding Global Health
According to Wikipedia, crowdfunding is “the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet”.
- Categories
- Health Care
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