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Indian Companies’ Embrace of Shared Value Project Will Boost Inclusivity
India is a country of stark contrasts. In recent decades, the sub-continent has experienced a rapid rate of economic growth, and has risen to become a key player in the G20. However, this stands in stark contrast to the fact that India still ranks 119 out of 169 countries on the Human Development Index. Widespread poverty, ill health and malnutrition are but a few of the critical issues that still plague hundreds of millions of India’s citizens. Inclusive growth, ie ensuring that In...
- Region
- South Asia
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GBF Welcomes Bob Webster as New Chief Operating Officer
The Grassroots Business Fund is pleased to inform you that Bob Webster will join GBF’s staff as Chief Operating Officer (COO) beginning this November. He has more than 25 years of experience in international development, including investing, technical assistance and non-profit management. Prior to joining GBF, Bob was the Executive Vice President at CDC Development Solutions (CDS), a non-profit organization that supports small business growth for economic oppo...
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Bill Gates and the Chinese Government Want to Take On World Hunger
The world’s largest charitable foundation and one of the world’s more totalitarian governments might seem like odd bedfellows, but both, it turns out, have similar goals. The Bill & Melinda Gates Foundation announced that they are launching a far-reaching partnership with the Chinese government for international aid work on Wednesday. Over the coming months and years, the Gates Foundation and the Chinese Ministry of Scie...
- Region
- Asia Pacific
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The Global Impact Investing Network (GIIN): An Interview with CEO Luther Ragin, Jr.
Recently, I interviewed Luther Ragin, Jr., CEO of the Global Impact Investing Network (GIIN)-the leading non-profit organization dedicated to the development of a successful impact investing industry. Impact investments aim to address social or environmental challenges while generating financial returns. Prior to joining the GIIN in September as the organization’s first chief executive, Mr. Ragin served as the Vice President of Investm...
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Mobiles Can Save India?s Poor Women
India ranks 122 out of 138 nations in the United Nations Development Programme’s gender equality index-and for good reason. Only 65% of Indian women are literate, compared with nearly 83% men. A third of the married Indian women are underweight. Maternal mortality rate is high (450 per 100,000 live births) in part due to inadequate antenatal care coverage. Women now account for 39% of HIV infections, and awareness of prevention and treatment still lags. Can any technological or comm...
- Region
- South Asia
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Women Lead the Way in the Struggle Against Swaziland’s HIV Crisis
Siphiwe Hlophe’s shrewd, enterprising spirit is apparent within moments of meeting her. "You work for Comic Relief?" she says. "Brilliant! I might walk away from this meeting with some money." Hlophe, a Swazi woman living with HIV, wants the money for the charity she directs, Swaziland for Positive Living (Swapol), which supports rural communities affected by HIV. Her resourcefulness is striking in a country where women are denied the right to re...
- Region
- Sub-Saharan Africa
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Big Pharma Giving Away Drug Patents to Help Cure Tropical Disease
Intellectual property is crucial for pharmaceutical companies to survive; without it, their pricey blockbuster drugs can be replaced with cheap generics. And yet, big companies like AstraZeneca, Novartis, GlaxoSmithKline, Pfizer, Sanofi, and Merck are willingly putting some of their intellectual property information in a public database . The pharmaceutical industry hasn’t gone crazy--it’s just participating in an in...
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In Famine, Vouchers Can Be Tickets to Survival
The town of Dhobley, Somalia, sits at the gateway of hell. Just west of Dhobley is the border with Kenya, and the road to Dadaab, which hosts a giant complex of refugee camps; Dhobley has become the last stop in Somalia for a growing stream of desperate, starving people in flight from famine. In Dhobley, as well, drought has ruined crops and felled cows. There is no government to help. The town is a battleground; control of Dhobley has teetered between the Shabaa...
- Region
- Sub-Saharan Africa