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Shell and Sumitomo Buy 15 Percent Stake in Minigrid Firm PowerGen
Shell and Sumitomo have taken a minority stake in African minigrid firm PowerGen. The pair will have a combined ownership of 15 percent after leading the most recent funding round alongside six other investors. Shell will get a seat on the board, with Sumitomo taking an observer seat. Financial details of the Series B round were not revealed.
- Region
- Sub-Saharan Africa
- Tags
- off-grid energy
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The Doctor Will Skype You Now: Virtual Checkups Reach Bangladesh’s Isolated Islands
Now, a new virtual medical service called Teledaktar (TD) is trying to make health care more easily accessible. Every week, TD's medical operators travel to the chars by boat, carrying a laptop, a portable printer for prescriptions and tools to run basic medical screenings such as blood pressure, blood sugar, body temperature and weight.
- Categories
- Health Care, Technology
- Region
- South Asia
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How Do You Fight Malaria In Tanzania? With Drones!
When the specially-designed DJI Agras MG1-S drone rose over a rice field in Cheju, Tanzania and started to deploy its payload, it was the culmination of years of effort towards one goal: fighting malaria. Every year in the eastern African country of Tanzania, malaria infects more than 10 million people killing 80,000 – and until now eradication efforts have been largely focused on costly and time-consuming manual spraying.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Perspective: There’s a Lot We Still Don’t Know About Libra
Last month, Facebook chief executive Mark Zuckerberg spent over five grueling hours answering myriad questions from the members of the House Financial Services Committee on issues like election interference, hate speech, censorship and discriminatory advertising. While it was an important reminder of the many dangers that Facebook already presents to our society, we didn’t actually learn much about the hearing’s ostensible topic: Facebook’s audacious plan to create an association of big businesses to issue a new digital currency called Libra.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- cryptocurrency, fintech
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Perspective: Become Local Change Makers Through Social Entrepreneurship
Ikigai is a Japanese concept meaning ‘a reason for being’, which is roughly translated to ‘thing that you live for’ in English. Each individual’s Ikigai is personal and specific to their lives, values and beliefs. A social entrepreneur’s Ikigai is to bring systems change and/or mindset change with innovative solutions to society’s most pressing social, cultural, and environmental challenges. From deep within, he/she is committed to the good of all. They are ambitious and persistent — tackling major issues and offering new ideas for systems-level change. Moreover, social entrepreneurs are not trying to ‘capture a market’. They make their ideas as simple and as safe as possible so that people in thousands of different communities will seize the idea and become local change makers.
- Categories
- Uncategorized
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Perspective: The Trillion-Dollar Opportunity in Supporting Female Entrepreneurs
There is much discussion and debate about how to support female entrepreneurs — and rightly so. Currently, women-led businesses are less likely to survive, despite evidence that their startups are often highly successful. New analysis by Boston Consulting Group (BCG) shows that if women and men around the world participated equally as entrepreneurs, global GDP could ultimately rise by approximately 3% to 6%, boosting the global economy by $2.5 trillion to $5 trillion. So how do we support female entrepreneurs?
- Categories
- Uncategorized
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World Bank Approves $150 Million Fund to Improve Ghana’s Education System
The World Bank’s Board of Directors has recently approved a $150 million fund for the Ghana Accountability for Learning Outcomes Project (GALOP). The fund is aimed at improving the quality of education for more than two million children in low performing basic education schools.
- Region
- Sub-Saharan Africa
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As Debt Grows, More Indian Women Farmers Taking Their Lives
A vicious debt cycle is forcing women in Maharashtra state's Amravati to take their lives as agrarian crisis persists.
- Categories
- Agriculture, Finance
- Region
- South Asia
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