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$14B Needed to Eliminate Uncorrected Poor Vision Worldwide, Essilor Finds
By 2050, uncorrected poor vision is predicted to reach epidemic proportions, with over 50 percent of the world’s population expected to suffer from myopia, many with serious vision-threatening side effects and drastic long-term implications, according to Essilor.
- Categories
- Health Care
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France, Netherlands, Uk Commit US$350m to Emerging Solar and Storage
A handful of European states have moved to bankroll various World Bank clean energy initiatives, with US$100 million of French and Dutch money set to back PV in Sub-Saharan Africa.
- Categories
- Energy
- Region
- Europe & Eurasia
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Grab Launches Social Impact Program to Upskill Southeast Asians
With the Grab for Good program, the company looks to help around 5 million micro entrepreneurs and small businesses digitize their workflows and processes.
- Categories
- Technology
- Region
- Asia Pacific
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Bill, Melinda Gates Pour $200 Million in Pakistan’s Poverty Alleviation Program
“I’m pleased that the Bill & Melinda Gates Foundation will assist with a range of activities including accelerating stunting reduction programs, supporting financial inclusion initiatives and investing in public health systems to improve health and reduce maternal, newborn and child mortality,” Prime Minister Imran Khan said at the occasion.
- Region
- South Asia
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Press Release: Blended Finance Report Finds Steady Growth but Not Enough to Fill SDG Financing Gap
Convergence currently estimates that upwards of $140 billion in aggregate financing has been mobilized by blended finance to date, with at least 50 transactions launched annually across a diverse set of regions and sectors.
- Tags
- blended finance
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Kreditech, the AI-Based Near-Prime Loans Platform, Nabs $22m Under New CEO to Expand Globally
This is an equity round that it will be using to continue building its business specifically in the latter of those four countries — doubling down on the fact that India is not only one of the world’s biggest economies, but one of the fastest-growing, too.
- Categories
- Finance
- Region
- South Asia
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Cobro Digital in Mexico: (Not) Everyone is Ready, but Here It Comes
The effort centers on financial inclusion for the country. Just 38% of adults in Mexico have a bank account, according to a 2017 World Bank survey, half the rate of other countries with similar per capita income.
- Categories
- Finance
- Region
- Latin America
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Press Release: TEAMFund Closes $30MM Impact Fund
TEAMFund invests in commercial-stage companies addressing non-communicable diseases in low-resource settings, with an initial geographic focus in India and Sub- Saharan Africa.
- Categories
- Health Care, Investing
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