GE Healthcare is allocating $300 million to jump-start a newly-created business unit called Sustainable Healthcare Solutions (SHS) dedicated to emerging markets. The unit will develop and market low-cost, value-based products and services to boost healthcare delivery across multiple settings in African and Asian countries. SHS will build on GE’s experience of partnering with government institutions […]
Development
Donors and social entrepreneurs: An evolving partnership
The options of where to turn are only increasing as types of innovative finance from crowdfunding, peer-to-peer lending and venture capital, to angel investors and foundation funding continue to grow. Development donors, too, are increasingly exploring how to put their money to work in supporting entrepreneurs — sometimes that offers a great opportunity to test […]
General Motors Bets $5 Billion on Emerging Markets Future
General Motors has seen the future. And it ain’t here. Not exactly, anyway. The nation’s largest automaker still is bullish on the U.S. and other “mature” markets, but the company is announcing today it will invest $5 billion to develop a new, wide-ranging vehicle architecture to enhance the competitiveness of its mainstream Chevrolet brand in […]
Will private sector money radically transform development?
One of the buzzwords at the recently concluded Financing for Development (FFD3) conference in Addis was ‘partnership’. At just one side event, hosted by the One Campaign, 30 speakers mentioned the word 34 times in just two hours. At the International Business Forum, held in parallel to FFD3, the conference secretary-general, Wu Hungbo said that […]
How private sources of development finance could be key to Asia’s future
As the world’s economic growth engine, Asia is uniquely placed to provide a blueprint for ending poverty and realising sustainable development. The challenge is not where to find resources to achieve these goals, but rather how to unlock the resources already available. Private sources of development financing should be central to this effort. Private investments […]
IMF Says Growth In Emerging Markets And Developing Economies Are Expected To Pick Up In 2016
According to a recent report from the International Monetary Fund (IMF), economic growth in emerging markets through calendar year 2016 will grow to 4.7 percent, driven by improvements in conditions in certain distressed economies, including Russia and economies in the Middle East and North Africa. The IMF is also forecasting that increases in global growth […]
What to expect from the Addis Ababa Financing for Development Conference
On Monday 13 July, world leaders will gather in Ethiopia’s capital, Addis Ababa, for the third Financing for Development summit (FFD3). On the agenda: work out where the money will come from to fund the two processes that start this year and aim to change the future for people and planet. As Jim Yong Kim, […]