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  • Group Puts $100 Laptops in Poor Countries

    The laptops would be mass-produced in orders of no smaller than 1 million units and bought by governments, which would distribute them. Ambitious projects to bridge the digital divide in the developing world at low cost have had a shaky track record. Perhaps the best example is the Simputer, a $220 handheld device developed by Indian scientists in 2001 that only last year became available and isn’t selling well. But Negroponte and MIT colleagues Joe Jacobson and Seymour Papert aren...

    Associated Press
  • Rebuilding Tsunami-Ravaged South Asia through Sustainable Means , by Stuart Hart

    Indeed, with the South Asia coastline in ruins, there is an opportunity to drive the reconstruction process through an enterprise-based model organized around a vision of sustainable development. For visionary companies, this offers the chance to leapfrog directly to clean technology, wireless telecommunications, distributed generation of renewable energy, point of use water purification, sustainable agriculture, and environmentally-sound building techniques. For the financial sector, the...

  • Kenyan Village Serves as Test Case in Fight on Poverty

    The researchers behind the [Millennium Village Project] are keeping track of every penny they spend, trying to demonstrate that for a modest amount, somewhere around $110 per person, a village can be tugged out of poverty. They have tried to measure exactly how bad Sauri was at the start of the project last fall. Every home was surveyed to get an accurate portrait of the population. Blood tests were taken among a smaller group for a nutritional analysis, because many villagers eat only onc...

    The New York Times
  • Reinventing Pepsi, by George Skaria

    It also meant that companies wanted to tap into the larger market base at the bottom of the pyramid. In recent times, Rajeev Bakshi, chairman, Pepsi India however takes a stance quite contrary to current popular strategies that companies are adopting. Says Mr Bakshi, ?Today, the question is: are you tapping into the right opportunity? I met up with CK Prahalad (who advocates tapping the bottom of the pyramid) about ten days back. He is buying the perspective now. The five rupee strategy is out o...

    The Financial Express
  • World Bank to support music industry in Ghana

    In an interview with Ghana News Agency, Professor Komla Amoaku, Executive Director, Institute for Music and Development, said the initiative would expand Ghana’s export base substantially through the exploration of new areas of competitive advantage. He called for the creation of the rightful business environment that could spearhead the huge potential of Ghana’s Music Industry and support poverty reduction, wealth creation and employment generation. He said these were all necessary...

    Ghana News Agency
  • Cell Phone Makers Hope To Connect In Poor Nations, by Mike Angell

    Economists say more than 1 billion of the planet’s 6.5 billion folks are doing just that. But phone service can help lift people out of such poverty. And for many of the world’s poorest people, mobile phone service is the most viable. Landline networks are faulty or nonexistent in many parts of the Third World. Thus, many companies in the wireless field see an opportunity with low-cost phones. Efforts to make such phones are one of the industry’s big initiatives this year. ...

    Investor’s Business Daily
  • Cellphones Changing African Lives At All Levels

    Neither a lack of money nor a lack of electricity denies entrepreneurial Africans access to a cellphone, according to a recent study. People at all income levels are using mobile services, either by owning or sharing a phone, while a lack of mains electricity is circumvented by recharging phones with a generator or a car battery. The effort is worth it because in the poorest rural areas cellphones have reduced the need to travel, helped people hunt for jobs, given them more access...

    Business Day (Johannesburg)
  • UK banks not best option for remittances to Developing Countries

    Specialist money transfer companies are generally cheaper than high street banks for immigrants to send money home to developing countries from the UK and informal methods are the cheapest according to a survey published by the UK Department for International Development (DFID). On Thursday DFID launched the results of the UK survey into the best ways for people to send money to relatives and friends in developing countries. This is the first survey of its kind in the UK, and addresses a...

    FinFacts Business News