Net Profit, by Jennifer Vilaga
Tuesday, March 22, 2005
What does it take to make a better bed net? It’s no small matter: Bed nets are a critical defense against malaria, which each year kills 1 million people and makes another 300 million ill in developing regions. The solution, it turns out, is no small matter either.
Olyset bed nets, featuring a dramatically better pesticide mechanism and an expected lifetime five times that of existing nets, are now coming off the knitting machines at A to Z, a textile company in Arusha, Tanzania. Behind that breakthrough, though, is something even more striking: a sweeping partnership of for-profit and not-for-profit heavies including the World Health Organization, UNICEF, Exxon Mobil Corp., Japan’s Sumitomo Chemical, and Acumen Fund, a nonprofit venture capitalist.
Story available here.
Source: Fast Company (Issue 92)