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  • Shs 350 Million Up For Grabs in Business Plan Competition

    Dorothy Nakaweesi, Kampala Companies have been invited to submit business plans in a competition to earn the winner euro 150,000 (Shs350 million). The competition is organised by Business in Development (BiD), an international agency attached to the Royal Dutch embassy. The competition targets Small and Medium Scale businesses, which have a bias in poverty reduction. A three-page business plan can be submitted through the www.bidchallenge.org website ...

    Source
    The Monitor (Kampala) (link opens in a new window)
  • Ethiopian development raises birth rate

    Development projects designed to improve maternal and child welfare in Africa may incur unexpected costs associated with increases in family size if they do not include a component of family planning, according to new research from the University of Bristol into rural communities in Ethiopia. The research, published today in Public Library of Science: Medicine, is the first study to demonstrate a link between a single technological development intervention (in this case, a tapped water...

    Source
    Eureka Alert (link opens in a new window)
  • Q&A: C.K. Prahalad

    The University of Michigan business school professor thinks the West can learn a lot from Indian companies. Known as dubbawallas, Mumbai’s army of lunch deliverymen tote pails of hot lentils and bread to the city’s office workers. Without centralized management, they reliably deliver 175,000 lunches a day in the rainy season and in the heat. They comprise a kind of human Internet with a classification, coding, and routing system designed to convey soups and salads instead of ...

    Source
    Red Herring (link opens in a new window)
  • A home-grown solution to African hunger

    Abraham McLaughlin DOWA, MALAWI ? Imagine a modern-day Eden - tended by a cheerful garden gnome - sprouting in the Sahara Desert. That’s the feeling you get, walking onto a 50-acre farm bursting with rows of healthy corn, thick sugar-cane stalks, and plump mangoes - all at the epicenter of Africa’s growing food crisis, with its 18 million hungry people. It’s tended by a sprightly grandfather named Glyvyns Chinkhuntha, a man with no formal agricultural training, but ...

    Source
    Christian Science Monitor (link opens in a new window)
  • Business & Economy: Competing in the Foreign Market

    Filagot Sileshi Zewdu, having secured his patent right from the Science and Technology Commission four years ago, has now become one of the leading technology inventors in the industry and, in this regard, he has shown a tremendous improvement since then. The machines that he makes are different from those imported. According to Zewdu, electric baking with one oven consumes a power of 3kw compared to the imported ones of 5.7kw. Moreover, the electric baking machines which have tw...

    Source
    The Reporter (Ethiopia) (link opens in a new window)
  • IDB SUPPORTS PROJECT TO EXPAND ACCESS TO IRRIGATION FOR SMALL FARMERS IN GUATEMALA

    Innovative financing mechanism with affiliate of international leader in corporate social responsibility. The Inter-American Development Bank will provide $910,000 for a project to expand access to irrigation for small farmers in Guatemala in a joint effort with AMANCO Tubosistemas, an affiliate of the Grupo Nueva business group, an international leader in corporate social responsibility. The project, which will be sponsored under the IDB?s Social Entrepreneurship P...

    Source
    IADB News (link opens in a new window)
  • Access to capital, business development and collective bargaining capacity are critical to rural liv

    There is need for us as a nation to start paying a lot of direct attention to the crisis of rural poverty. As Archbishop James Spaita of Kasama Diocese has correctly observed, the economic situation in most of the rural areas of Zambia is very bad. And whatever the claims we may have today of economic progress or signs of recovery, there is nothing of this that can be seen in our rural areas. The situation in our rural areas has been one of continued deterioration. This may not seem ...

    Source
    The Lusaka Post (link opens in a new window)
  • AFP, 7 February 2006 - Beggars in impoverished Bangladesh are to receive interest-free loans from US banking giant Citigroup to help them become self-employed, the bank said in a statement Tuesday. The bank has donated 250,000 dollars to expand a four-year-old project run by micro-finance pioneer Grameen Bank. Grameen is credited with developing a unique microcredit system that has been used by some five million people in Bangladesh and replicated worldwide over the last 30 year...

    Source
    Agence France-Presse (AFP) (link opens in a new window)