North Africa & Near East.

Share a story idea here (link opens in a new window)
  • Citi, Citi Foundation join hands with PMN

    KARACHI: Citi and the Citi Foundation have joined hands with the Pakistan Microfinance Network (PMN) to launch Phase II of their flood relief efforts. Citi, the Citi Foundation and Citi Alumni have contributed over $425,000 toward the recent flooding disaster in the country. As part of Citi Pakistan’s Phase II of flood relief efforts, they have launched a ’Microfinance and Disaster Management Capacity Building Programme’ for the microfinance industry with the PMN. Through these pr...

    Source
    Daily Times (link opens in a new window)
    Region
    North Africa & Near East
  • Islamic Micro Lenders Set Up Global Network

    LAHORE: Islamic Microfinance Network (IMFN) has been set up to assemble the international Islamic Microfinance organisations on one platform, a statement said. The IMFN head office is in Lahore and its regional offices will be in Ghana, Mauritius and Middle East. According to IMFN official the board members of IMFN are Farida Tariq, Chairperson, Amjad Saqib, Vice Chairman, and Muhammad Zubair Mughal, Chief Executive Officer. Kawako Yasuma, CEO, Ghana Islami...

    Source
    TheNews.com (link opens in a new window)
    Region
    North Africa & Near East
  • Combating Poverty With Clean Energy

    ABU DHABI (IDN) - Fighting poverty by promoting sustainable development and mitigating climate change is one of the priorities of UN Secretary General Ban Ki-moon for 2011. With this is view, he is calling for a global revolution that would benefit some 1.6 billion people in developing countries still lacking access to electricity. Addressing the Fourth World Future Energy Summit in Abu Dhabi, United Arab Emirates, on January 17, Ban said: "Our challenge is transformation. We need ...

    Source
    IDN-InDepthNews (link opens in a new window)
    Region
    North Africa & Near East
  • IFC to Push Yemen Microfinance

    DUBAI, Nov 4 (Reuters) - The World Bank is increasingly focusing on microfinance and small business loans in Yemen as the spike in violence this year is making it hard to find viable projects for investment, a senior official told Reuters. International donors are finding it harder to locate investment projects in the impoverished Arab state, crippling its efforts to diversify its economy away from hydrocarnons, said Raymond Conway, who represents Yemen at the International Finance Corp...

    Source
    Reuters (link opens in a new window)
    Region
    North Africa & Near East
  • Damascus Turns to Microfinance to Combat Poverty

    A regional front-runner in microfinance legislation, Syria is still struggling to find a sustainable model to finance its rural poor. Currently, NGOs geared toward poverty alleviation dominate Syria’s microcredit market, but further expansion of their role is inhibited by outdated government regulation. The entry of more private players is needed to increase market competition ...

    Source
    Business Today Egypt (link opens in a new window)
    Region
    North Africa & Near East
  • Women on the West Bank Fight Poverty with Enterprise

    Nearly a year after the war in Gaza, women in the West Bank are overcoming poverty by running their own co-operatives. With help and funding from several aid agencies, women have been able to set up their own small businesses providing training and marketing assistance...

    Source
    SOS Children (link opens in a new window)
    Region
    North Africa & Near East
  • Abraaj Capital to Buy Riyada Ventures, Focus on SME investments

    Dubai-based private equity firm Abraaj Capital has agreed to acquire all of Riyada Ventures as it moves into the venture capital space. Riyada Ventures, which was set up in the Jordanian capital of Amman in 2005, will be integrated by Abraaj into its newly launched regional SME and entrepreneurship initiative. Khaldoon Tabaza will continue as the CEO of the new business line of Abraaj. Tabaza has worked in the MENA venture capital industry since 2000, p...

    Source
    AltAssets (link opens in a new window)
    Region
    North Africa & Near East
  • Citadel eyeing slice of $2.3trn market

    With the global economy turning on its head in the past year, private sector investors have the unprecedented opportunity to participate in a rapidly growing consumer market comprising the world’s 3.7 billion limited-income earners. "The billions of individuals who claim the smallest pool of the world’s wealth represent, collectively, a rapidly-growing consumer market, an underutilised productive sector, and vast entrepreneurial energy," said Hisham El Khazindar, Co-Founde...

    Source
    Business 24/7 (link opens in a new window)
    Region
    North Africa & Near East
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of social business.
No Thanks
Thank you for signing up to receive the NextBillion Notes newsletter.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.
×
×