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Impact Investing: Chinese Investors’ National Solution
A recent micro-blog[1] message from Kai-fu Lee, the serious-minded Chairman of Innovation Works[2], seemed to deliver some intentionally juicy gossip for a change. According to this micro-blog, Lee and his well-known Chinese angel investor friend Xu Xiaoping were chatting, when suddenly Xu Xiaoping became emotional and said, "Whenever I think about the future of my motherland, I lose even the slightest interest in the opposite sex." In China’s micro-blog sphere, which is usually dominated by heavy topics, this remark taken out of context sounds almost like an insider’s joke. It helped initiate a sense of humor from many fellow micro-bloggers - to no surprise, following the micro-blog, there was a virtual explosion of similar comments.
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Muhammad Yunus, IIM-A Set to Float Rs 50 Crore Fund to Seed Social Business
MUMBAI: Professor Muhammad Yunus, the father of microfinance and chairman of the Yunus Centre in Bangladesh, has finally found a taker for his brand of social businesses in India. He is joining hands with the Indian Institute of Management, Ahmedabad (IIM-A) to float a Rs 50-crore fund to seed social ventures.
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- Uncategorized
- Region
- South Asia
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Alliance Pushes Social Entrepreneurship Bill
An alliance of farmers, workers, community enterprises, business associations and fair trade groups is pushing for the approval of a measure designed to institutionalize social entrepreneurship (SE) nationwide.
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- Uncategorized
- Region
- Asia Pacific
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Innovative conservation: wild silk, endangered species, and poverty in Madagascar
For anyone who works in conservation in Madagascar, confronting the complex difficulties of widespread poverty is a part of the job. But with the wealth of Madagascar's wildlife rapidly diminishing— such as lemurs, miniature chameleons, and hedgehog-looking tenrecs found no-where else in the world—the island-nation has become a testing ground for innovative conservation programs that focus on tackling entrenched poverty to save dwindling species and degraded places.
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Q&A: Adi Godrej, Chairman of Godrej Group
Adi Godrej, billionaire chairman of the family-controlled Indian conglomerate Godrej Group, sat down with India Real Time to talk about why India should tolerate a little inflation, about how India’s economy should really be growing at 10%, and about his optimistic outlook for Godrej’s expansion across 20 emerging markets in Africa, Latin America and Asia.
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Africa’s Chance to Leapfrog the West
You've heard about the African Renaissance, right? The Aid Bosses, once the unquestioned successors in Africa to the joint heirloom of Mother Teresa and Lord Clive of Chennai, are finding it harder and harder to get face time with the political grandees in our wheeling and dealing capitals. The Chinese are fawning all over our oil and copper, forcing once-aloof Westerners to write treatises about why China's engagement with the continent isn't all marshmallow candy.
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Swabhimaanya Rolls Out Insurance Schemes for domestic help
In a bid to provide insurance schemes for the bottom-of-the-pyramid clientele, financial inclusion company Swabhimaanya Monday rolled out insurance cover starting with premiums as low as Rs.200 per annum for domestic helps and chauffeurs."With around 100 million domestic help employed across India, the need of the hour is to empower this section of the society with basic financial exposure," said Swabhimaanya chief executive and managing director Rahul Pagare, adding that the firm plans to reach out to one million people by the end of year.
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E+Co Announces Plans to Scale Up Clean Energy Investments
E+Co, the non-profit leader in clean energy investing in small and medium enterprises in emerging markets, announced today that it will phase out its innovations unit to solely focus on and scale up clean energy investments in developing markets.
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- Energy