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Press Release: IFC, Convergence Join to Support Blended Finance for Health and Education Investment
Convergence and IFC will together fund the platform design, including product offering, with potential for raising as much as USD 500 million for investment and advisory support.
- Region
- North America
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Entrepreneurship and Millennials Are Thriving in Emerging Markets
Plenty of ink has been spilled on the root causes behind this troubling phenomenon, from high student debt to the rising costs of healthcare. Yet there is one part of the world where entrepreneurship is alive and well: emerging markets.
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- Uncategorized
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Rise of pan-African banking could raise between $490-$950bn in additional credit for sub-Saharan Africa
To date, Sub-Saharan Africa (SSA)’s financial sector remains relatively small and underdeveloped. However, African banks have started to expand their footprint across Sub- Saharan Africa. The number of cross border subsidiaries of African banks has almost tripled since 2002 and there are now ten pan-African banks (PABs) with a presence in at least ten SSA countries, and one with a presence in over 30 SSA countries.
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- Uncategorized
- Region
- Sub-Saharan Africa
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The gap between India’s richer and poorer states is widening
East Asia’s growth pattern has for decades been likened to a skein of geese, from Japan at the vanguard to laggards such as Myanmar at the rear. The same pattern can often be seen within big countries. Over the past decade, for example, China’s poorer provinces have grown faster than their wealthier peers. India is different. Far from converging, its states are getting ever more unequal. A recent shake-up in the tax system might even make matters worse.
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- Technology
- Region
- South Asia
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The million-dollar social enterprise
Project Everest grew 1000 per cent last year and is on track to grow 250 per cent this year. In calendar 2016 the venture made $1 million in revenue.
- Categories
- Uncategorized
- Region
- Asia Pacific
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People Are Cooking With Human Poo — and That’s a Good Thing
In Kenya, the future of sanitation may entail turning human waste into fuel.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Do Farmers Really Want to be Paid in Mobile Money?
Do farmers really want to be paid in mobile money? To answer this question, I’ll ask you to first entertain a brief thought experiment.
Imagine that your employer told you that next pay period, your company will start paying you in Bitcoin. How would you react?- Categories
- Agriculture, Technology
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Exclusive: Documents reveal largest USAID health project in trouble
Between Jan. 1 and March 31, 2017, only 7 percent of the health commodity shipments delivered through the GHSC-PSM project arrived at their destination “on time and in full” — a common metric for measuring the performance of a supply chain.
- Categories
- Health Care