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Ismaili Portal - The Free Ismaili - Audio : Video : e-Cards : Picture Gallery: Development News from Aga Khan Network
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AKAMs Micro Health Insurance Product reach
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Tuesday, June 15, 2010
Microfinance Focus, June 15, 2010: Aga Khan Agency for Microfinance (AKAM) is an industry pioneer in developing micro health insurance products. Realizing the fact that a near absence of health insurance, often leaves the poor impoverished due to illnesses and sudden causalities, AKAM opened the First Microinsurance Agency Pakistan in 2007 and the First Microinsurance Agency Tanzania in late 2008. To further extend its services, it has recently tied up with Pakistan’s New Jubilee Insurance Company (NJI), which developed micro health insurance products to be distributed through MFIs/NGOs to the uninsured poor.
Peter Wrede 216x300 AKAM’s Micro Health Insurance Product reaches 60, 000 Clients
AKAM’s hospitalisation insurance, for example, helps families prepare for both expected and unexpected health expenditures by encouraging saving for the future and providing insurance safety nets for catastrophic events. The insurance safety nets kick in when households experience an event requiring immediate hospitalisation, such as accidents, obstructed births and acute illnesses. Other products protect families from the death of a breadwinner. Crop, livestock and asset insurance products are also being developed.
Note: Source: microfinancefocus.com
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Abdul Samji New Chairman Of The Diamond Trust Bank
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bank's strategy of significant growth and rapid expansion in Eastern Africa
Coastweek -- Diamond aTrust Bank has announced the appointment of its new Chairman at the Annual General Meeting held at KICC on May 27, 2010 .
Mr. Abdul Samji, is a long serving member of the Board.
Mr. Samji is a Fellow of the Association of Chartered Certified Accountants and a Member of the Institute of Certified Public Accountants of Kenya.
He is a director of the Kenya Tourist Board and a former managing partner of PKF Kenya, a firm of Certified Public Account-ants.
Mr. Samji is a Trustee of several charitable and service organizations and is a past District Governor of Rotary International, District 9200.
Note: Source: CoastWeek
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New media schools initial campus set for Nairobi in 2011
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The Aga Khan Development Network has launched a new faculty at the Aga Khan University — the Graduate School of Media and Communications.
To be allied to the new Faculty of Arts and Sciences, the plans for the new media school were announced by the Aga Khan at the Pan African Media Conference 2010 held from March 17-18 to coincide with celebrations of the Nation Media Group’s 50th anniversary.
The Aga Khan, who founded the group in 1960, said the school “will be driven, above all, by an absolute commitment to quality,” adding, “In a world of growing complexity, journalists must increasingly understand the substantive, sophisticated dimensions of the fields on which they report — from medical and environmental sciences to economic and financial disciplines to legal and constitutional matters.”
Nation experience
The new initiative will build on the Nation’s experience and the unique strengths of the Network in the region and globally — including expertise, institutions, and resources in social, economic and cultural areas of activity.
According to Aga Khan University President Firoz Rasul, the school will strive to attract a vibrant intellectual community, anchored by a core of committed media professionals and scholars of diverse backgrounds and expertise and enriched by visiting, adjunct and exchange faculty members.
Note: Source: theeastafrican.co.ke
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