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How ‘Afropreneurs’ will shape Africa’s future
(CNN) -- His full name is Idris Ayodeji Bello, but you might just call him "Afropreneur."That's the buzzword adopted by the young Nigerian to describe the bright, independent and tech savvy entrepreneurs using creative thinking and the power of innovation to take over Africa's economic destiny.
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- Technology
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ISB competition for social entrepreneurship ideas
Do you have an idea that has a potential to make a social impact? The Indian School of Business (ISB) has announced iDiya, a nationwide idea competition for working professionals who are interested in starting ventures with a potential to create a positive impact on society.
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- Impact Assessment
- Region
- South Asia
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At UN-backed conference, African officials discuss path to sustainable development
13 September 2012 – Representatives from more than 40 African countries have gathered at a United Nations-backed conference in Arusha, Tanzania, to discuss the region’s strategy to achieve sustainable development and come up with an integrated strategy for the region to encourage environmental initiatives.
- Categories
- Environment, Impact Assessment
- Region
- Sub-Saharan Africa
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Allahabad MFI Sonata Finance raises $6.35M from Creation Investments, others
Chicago-based Creation Investments made its first investment in India in 2010 by picking up stake in Eko India Financial Services.
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- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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In Uganda, Villages Reap Benefits of “Machine” Energy
Immaculate Kongai said she was quick to spot the potential of the Multifunction Energy Platform (MFP) as soon as it arrived in Usuk, her village in northeastern Uganda. Kongai grows and sells sorghum to local beer brewers, and has earned a reputation as a shrewd local entrepreneur. When the MFP—or, as she calls it, "the machine"—first showed up three years ago, she said she saw a chance to "make a lot more money" for her family.
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- Environment
- Region
- Sub-Saharan Africa
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$4 billion planned for investment in social enterprise in 2012: Report
According to a global impact investment market study by JP Morgan, and the Global Impact Investment Network (GIIN), investors see the social enterprise as a market 'in its infancy and growing' with almost $ 4 billion planned for investment in 2012. Over the last eight years $ 600 million has been invested in social enterprises in India itself. The Monitor Institute estimates that over the next 5 - 10 years impact investments will grow to 1 percent of global assets under management, emerging as a new asset class.
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- Impact Assessment
- Region
- South Asia
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Haiti insurance firm receives $2 million in equity to expand services to the poor
PORT-AU-PRINCE, Haiti - A non-profit set up by former U.S. Presidents Bill Clinton and George W. Bush after the 2010 earthquake has given $1 million in equity to an insurance firm based in Haiti.
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- Uncategorized
- Region
- Latin America
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Citi Foundation Grants $180k to Parinaam Foundation of India
Citi Foundation, the charitable arm of the US-based financial provider Citigroup, reportedly has given a grant of INR 10 million (USD 180,000) to Parinaam Foundation, an Indian nonprofit organization, to deliver Parinaam’s Diksha Financial Literacy Program to approximately 31,000 microfinance clients.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance