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Zimbabwe’s Microfinance Institutions Have Lost Their Way, Says Reserve Bank Governor
The Reserve Bank of Zimbabwe Says Microfinance institutions have lost their way as they are concentrating on maximising profit and need re-orientation to ensure they focus on supporting marginalised people living in rural areas to promote financial inclusion.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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S. African Health Activists Protest Sanofi Over Lack of BCG Vaccine
Sanofi ($SNY) continues to come under pressure from health groups who say the drugmaker has ceased manufacturing the BCG vaccine and created a global shortage of the jab used to treat tuberculosis and bladder cancer.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- vaccines
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Microloans Don’t Solve Poverty
When Benita Chikaluma’s husband died in 1994, her family could easily have fallen into desperate poverty. Chikaluma lives in Malawi, a poor country in southern Africa where women often have little control over their finances. But thanks to the tiniest of loans — just $25 — she was able to build a business, first selling firewood and then empty plastic bottles, and now owns a home with running water and electricity.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Africa’s Banks Pressured by Bad Loans
Africa’s banks are under pressure from non-performing loans, credit agency Moody’s said on Tuesday.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending
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Frugal Innovation: Key to India’s Healthy Future?
Way back in 2009, watching the Bollywood movie ‘3 Idiots’, I remember scoffing at one of the movie sequences where the protagonist Aamir Khan facilitates the delivery of a baby using a vacuum cleaner and an inverter made from a car battery. I somehow could not relate with the idea that a vacuum cleaner could be used as a suction pump to deliver babies. However, at that time I settled down to thinking that after all it’s from a Bollywood movie where anything is possible.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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New Microfinance Initiative to Bring First ‘Lease to Purchase’ Sustainable Energy Product to Somalia
Dahabshiil Group showcase sustainable 'green microfinancing' initiatives to foster economic and social development across Somali region.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
- Tags
- microfinance, solar
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Vodafone Brings Mobile Money to 15M People Without Bank Acccounts in Ghana
Vodafone has launched its mobile money scheme M-Pesa in Ghana, bringing a cash transfer service to the 15m people in the country who do not have a bank account.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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M-Tiba Health App Launched in Kenya
Safaricom has launched a new health payment application named M-Tiba in partnership with PharmAccess Foundation and CarePay, to make medical payments easier and more transparent.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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