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Microfinance Giant Launches Venture Capital Fund For East Africa
Accion, an international microfinance and investment firm, has launched Venture Lab, a $10 million investment vehicle which will provide seed capital and management support to financial inclusion startups worldwide, with a particular focus on East Africa and India.
- Categories
- Investing, Technology
- Region
- North Africa & Near East
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Cisco Invests in Rural Venture Capital Firm
Cisco today announced an investment in Aavishkaar, a venture fund founded to promote development in rural and semi-urban India.
- Categories
- Investing
- Region
- South Asia
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The Argidius Foundation and ANDE Announce Finance Challenge to Stimulate Small Businesses in Emerging Markets
Competition aimed at providing entrepreneurial finance will award up to two million euros
- Source
- Press Release
- Categories
- Investing
- Region
- Europe & Eurasia
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Omidyar Network Backs Two More Indian Firms
Omidyar Network started funding projects in India about two years ago with plans to invest up to $200 million in five years
- Categories
- Investing
- Region
- South Asia
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Unitus Seed Fund Launches with Three Social Enterprise Investments in India
New Unitus Labs Initiative Seeks to Accelerate Development of Innovative Startups Which Have the Potential to Significantly Benefit Families Living on Less Than $2 Per Day
- Categories
- Investing
- Region
- South Asia
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Is Aid Working?
It is hard to argue with the lofty ambition to end once and for all the scourge that is global poverty. How the world should go about this, however, is much more vexed. If poor countries do not have sufficient capital, aid advocates argue that there is a moral imperative for rich ones to help. Since 1970 hundreds of billions of dollars in bilateral and multilateral aid has been sent to Africa from the developed world. G20 leaders agreed at last month’s summit London that an extra $50bn ...
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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PM: Development Plans are not Only for Big Corporations
Development plans for the country are not designed to benefit only big corporate companies and rich individuals but as many Malaysians as possible, says Prime Minister Datuk Seri Abdullah Ahmad Badawi. The Prime Minister wants to see as many Malaysians, from all levels, to participate and benefit directly from the development plans that had been laid out. KOTA BARU: Development plans for the country are not designed to benefit only big corporate companies and rich individuals ...
- Categories
- Investing
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Big Corporations Try to Tap a Market They Have Ignored
The world’s biggest corporations are scrambling to tap a market they have largely ignored for decades - the world’s four billion poor people. From South Africa to Brazil, companies like Danone and Unilever sell individual packets of yogurt and soap in rural villages and urban open-air markets. In the telecommunications sector, the biggest growth area is among the poor, who are snapping up cellphones. Some 60 percent of the world’s population exists on less than ...
- Categories
- Investing