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54gene’s Fund to increase coronavirus testing in Nigeria hits $500,000 in 24hrs
54gene, the African genomics research, services, and development company, has launched a fund to tackle the current challenges around testing for COVID-19 in Nigeria. To support the ongoing efforts of the Nigeria Centre for Disease Control [NCDC], 54gene opened the fund by donating $150,000 and within 24 hours of launch, had already secured an additional $350,000 from partners including Union Bank. The money raised will help increase COVID-19 testing capacity in the country by up to 1,000 additional tests a day, by buying testing instruments and the required biosafety materials such as biosafety cabinets and personal protective equipment needed to keep frontline healthcare workers safe.
- Categories
- Health Care, Investing, Technology
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This Virus Is Ravaging Rich Countries. What Happens When It Hits the Poor Ones?
The ebola epidemic of 2014 is still fresh in the mind in sub-Saharan African countries; it was an experience that showed prevention and containment are the only hope of fending off thousands of deaths.
- Region
- Sub-Saharan Africa
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How Bridge Loans Can Aid Nonprofits and Social Enterprises Through the Covid-19 Crisis
“We sometimes refer to our work as the everyday emergency room of impact—our borrowers are coming to us during a time of crisis when something outside their control has gone wrong,” says Maya Winkelstein, chief executive officer of Open Road Alliance, a philanthropic initiative based in New York.
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Social Distancing Is Not an Option for India’s Poor
Modi has announced a lockdown, but the strategies adopted in other countries simply aren’t possible for millions of Indians.
- Categories
- Health Care
- Region
- South Asia
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Will the Coronavirus Pandemic Push Africa’s Mobile Money Markets to the Next Level?
Kenya is arguably the world's top mobile money market, and one reason for its success is that a “trigger” event – the post-election violence of 2008 – forced the rapid, large-scale adoption of mobile payment services. Jill Lagos Shemin explores how the unique demands of the coronavirus pandemic could prove to be a similar catalyst for mobile money growth in other countries, and how providers and other stakeholders can build upon this momentum to create more inclusive digital ecosystems for underserved customers.
- Categories
- Finance, Technology
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WHO Launches Global Health Alert for Coronavirus on WhatsApp
The services uses an AI chatbot to provide updated information on the pandemic, including how to protect yourself, questions and answers, and the latest news and press coverage.
- Categories
- Health Care, Technology
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How the Coronavirus Pandemic Will Affect Venture Capital Dealmaking
Businesses need to adapt and continue both during the current crisis and to prepare for the eventual upturn once the situation improves. This includes raising capital through venture capital funding.
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Zimbabwe’s Lack of Cash for Once Is a Good Thing
“It’s a big advantage,” Eddie Cross, a member of the central bank’s monetary policy committee, said of the cashless environment. Reserve Bank Governor John Mangudya last week urged lenders to ensure uninterrupted continuity with all digital banking platforms, which were the “safest and most secure forms” of transacting.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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