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PRESS RELEASE: Omidyar Network leads Series B funding in Cignifi
Cignifi, which has developed a platform to provide credit and marketing scores for people using mobile phone behavior data, has closed a Series B funding round led by existing investor Omidyar Network.
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Nudging towards financial inclusion in India
The Indian government recently launched a massive financial inclusion program with a view to improve access to formal finance. In this context, it is crucial to understand not only the importance of universal access to formal finance, but also the effective ways of achieving the same.
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- Sub-Saharan Africa
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Governments must do more to grow impact investing – G8 taskforce chair Cohen
Governments need to create policies that help to accelerate the growth of investing for profit and social good, the head of a task force set up by the world's richest nations to boost impact investing said.
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- impact investing
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Zimbabwe: Insurers Must Introduce New Products
Zimbabwe's Insurance and Pensions Commission (Ipec) has called on players in the insurance sector to be innovative to come up with new products that are suitable for the lower end of the market and grow income in the face of tight liquidity.
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- Sub-Saharan Africa
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$350,000 mobile money activation project begins
eTranzact has announced the investment of $350,000 in a mobile money activation project in collaboration with EFInA, a financial sector development organisation. The company told our correspondent on Tuesday that the project was in line with the Central Bank of Nigeria’s cashless policy and would be piloted in North and South-West regions of the country.
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- Education
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- Sub-Saharan Africa
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FDA rushes J&J, NewLink Genetics Ebola vaccines to clinical trials
Another Big Pharma player is joining the hustle toward an Ebola vaccine as the death toll surpasses 1,900 victims, eclipsing the total number of people who died from the disease in all previous outbreaks combined.
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- Health Care
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- Sub-Saharan Africa
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Canada Ebola vaccine shipment to Africa stymied by logistics
Canada's experimental Ebola vaccine was stuck in the government lab that developed it as officials puzzled over how to safely transport it, three weeks after it was offered to Africa to fight the deadly epidemic.
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- Health Care
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- Sub-Saharan Africa
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Nurturing health innovation in Africa: 13 ways to boost research
What needs to happen to reverse the brain drain and secure funding across the continent? Our panel suggest where to start
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- Health Care
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- Sub-Saharan Africa
