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A World Bank economist apologized for unfair country rankings and will redo four years of results
The high-profile rankings are intended to encourage governments to remove obstacles to business and incentivize economic development. The report combines measures of how easy it is for an entrepreneur to start a business, obtain credit, pay taxes and enforce contracts, among other things.
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Citi Foundation and UP Foundation join to strengthen social entrepreneurship in the Philippines
The landmark program aims to develop certificate courses to help build and enhance capacities of practitioners in micro and small enterprise development in Central Luzon.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Social Impact Funds Still an Unknown to Most U.S. Investors
Nearly three in four U.S. investors have heard little (34%) or nothing (40%) about the concept of "social impact investing" -- choosing investments based on the social good they will accomplish as well as the financial return they will bring. Only 10% say they have money invested in such funds.
- Categories
- Investing
- Region
- North America
- Tags
- impact investing
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Businesses in boxes: how solar is creating African entrepreneurs
Access to power is a major issue in Africa, and in solar, many people feel they have the solution.
Yet solar is doing more than switching on off-grid populations, and providing a potentially lucrative and investor friendly business opportunities to companies like M-KOPA Solar and BBOXX.- Categories
- Energy
- Region
- Sub-Saharan Africa
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Global Income Inequality May Fall as Emerging Markets Skill Up
The world will see the number of skilled workers -- those with nine or more years of education -- rise 30 percent to 2.16 billion by 2040, up from 1.66 billion in 2011, according to a new World Bank report. Thanks to their growing populations and investments in education, developing countries are expected to contribute all of those additional educated workers.
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Econet Wireless, Untu Capital partner to launch mobile money bond platform in Zimbabwe
Zimbabwe's Econet Wireless, touted by analysts as best placed to develop mobile money offerings alongside Safaricom, has opened a mobile money bond purchase platform in partnership with Untu Capital to raise US$1 million in support of local start-ups - specifically to address the low level of funding in this space.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Michael and Susan Dell Foundation-backed Education Catalyst Fund makes two bets
Education Catalyst Fund, which is managed by global philanthropic organization Michael and Susan Dell Foundation-backed CBA Capital, has made two more investments in the education space.
- Categories
- Investing, Technology
- Region
- South Asia
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This Social Entrepreneur is Creating Employment in Underserved Areas
Started in 2014, the non-profit body focuses on youth and women from ages 18-25 in the most rural parts of the world. The initiative builds conscious enterprises and undertakes income enhancement initiatives for indigenous and underprivileged communities by engaging urban leaders and start-ups.
- Categories
- Uncategorized
- Region
- South Asia
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