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Omidyar Network Executive Forum Unites Business Leaders Investing In Social Change
One network of top executives is proving that good business means wise investments -- specifically investments in people who have the power to create global change but may simply lack opportunity.
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- Asia Pacific
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- impact investing
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Accion International launches $10 million investment vehicle, Venture Lab
BANGALORE: In a further boost for social venture investing in India, microfinance and investment firm Accion International has launched its $10 million investment vehicle, Venture Lab, which is focused on providing seed capital to organisations that promote financial inclusion.
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- impact investing
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The Hapinoy Program – Social Development with a Smile
A multi-awarded program in the Philippines leads the innovation of solutions for the Base of the Pyramid. From the words "Happy" and "Pinoy" (a slang word for Filipino), Hapinoy continues its mission to empower more women micro entrepreneurs - and they do it with a smile.
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Clinton, Yunus inspire Hult Global Case Challenge competitors
NEW YORK—“This is such an exhilarating experience. We’re very excited to meet President Clinton and Dr. Yunus. Win or lose, we are already winners,” Abhinav Chanakya, an MBA student representing the Asian Institute of Management in Manila told the Asian Journal while on the sidelines of the Hult Global Case Challenge’s final round of competition.
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This Man Can’t Stop Innovating
Nothing beats the economics and ingenuity of a great dual-use product. On a scorching February day, Moses Kizza Musaazi stands behind the latrines at Mpigi UMEA Primary School, describing the features of his portable incinerator. The mud at his feet is red. So are the uniforms of the children who surge and subside in waves as he delivers his tutorial.
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- Region
- Sub-Saharan Africa
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Looking to Frontier Markets for Next Big Thing in Investing
The difficulty with investing in the next big thing is that it is often not recognized as that until after it has become a current or former big thing. Before its arrival, it tends to be seen only as a crazy, risky thing or nothing at all. Emerging-market portfolio managers specialize in finding the next big thing. But after the transformation of many economies in Asia and Latin America in the past two decades and the strong returns and mainstream popularity of their markets, what’s left to be found?
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- impact investing
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How Tony Elumelu’s ‘Africapitalism’ Aims to Redefine African Economic Development
Tony Elumelu did not set out to create social change during his tenure at the helm of United Bank of Africa. "We wanted to democratize banking – at the time, it was an economic, not a social act,” he said during a keynote speech the Global Philanthropy Forum. Elumelu turned the failing Nigerian bank United Bank of Africa (UBA), which was purchased in 1997 for $5 million, into a multi-billion dollar financial services powerhouse. Elumelu is now taking his learnings from this experience to redefine strategies for African economic development.
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Weekly Wrap: The State Department’s ‘Impact Economy’ Aim
Secretary of State Hillary Clinton opened U.S. State Department’s Global Impact Economy Forum on Friday speaking the language of "shared value" in the global economy. In a world in which "one out of three people in the world today living on less than $2 a day," Clinton said, "We believe expanding economic opportunity is fundamental to achieving our own national interest."
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- governance
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