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  • Alliances aim to put an end to poverty

    Technology Project (Ericsson) The initiative will provide communications technology to rural poor by establishing communications centres that will typically be owned and operated by a local entrepreneur as a franchisee Novella Project (Unilever) The project aims to promote biodiversity and reduce poverty by building an oil supply chain through the use of Allanblackia nuts that will provide rural communities with a new source of income? Integrated Dairy Development Project (Tetr...

    Source
    Financial Times
  • Up From The Rubble, by Kerry A. Dolan

    Can $2,000 loans help revive a war-torn economy? Entrepreneurs in Bosnia and Herzegovina are putting microfinance to the test. The economy of Bosnia and Herzegovina remains shaky-20% of the population live below the poverty line and unemployment is at an estimated 20%. But since 1996 per capita GDP has tripled to $1,500. Microcredit groups have had a significant role in Bosnia and Herzegovina in the postwar period, increasing income levels, reducing poverty, developin...

    Source
    Forbes
  • Brazil: Free Software’s Biggest and Best Friend, by Todd Benson

    Since taking office two years ago, President Luiz In?cio Lula da Silva has turned Brazil into a tropical outpost of the free software movement. Looking to save millions of dollars in royalties and licensing fees, Mr. da Silva has instructed government ministries and state-run companies to gradually switch from costly operating systems made by Microsoft and others to free operating systems, like Linux. On Mr. da Silva’s watch, Brazil has also become the first country to require any compa...

    Source
    The New York Times
  • Partnerships that profit the poor, by Sarah Murray

    So far, companies such as Ericsson, Unilever, Total, Tetra Pak, Shell, Thames Water and EDF are participating with pilot schemes in Tanzania, Madagascar, Ethiopia and Bangladesh. Geographically, much of the focus is on projects in Africa. However, the UNDP wants to extend the GSB initiative - which was spearheaded by the UN Global Compact, a voluntary corporate citizenship network - to countries in Asia, Latin America and eastern Europe. While the business activities are commercial, n...

    Source
    Financial Times
  • Interesting India

    Capitalising on our attractiveness for MNCs PepsiCo?s announcement of in-vesting an additional $500 million into its Indian operations should not come as a surprise. PepsiCo, after all, is in the same warp as most other FMCG and durables? majors in the world ? the western markets are saturated and growth is slow to come by. As a result, they are looking at developing nations, such as India, for future growth. In the US, for instance, soft drin...

    Source
    The Financial Express
  • Fabulous fabrications

    A way to help inventors in poor countries realise their ideas The World Bank and the other usual sources of finance for international development say they appreciate fab lab’s potential, but consider the project far too speculative. They prefer investing in proven technologies rather than in the process of technology development. Despite this, the labs may be able to spread without support from traditional aid agencies because they may be able to become economically sel...

    Source
    Economist
  • Afghan entrepreneurs find profit in technology, by Michael Coren

    So far, the spread of technology has depended on trade. Commercial routes between cities are feeding the expansion of mobile phone access while whetting the population’s appetite for instant communication. It’s allowing the very obvious entrepreneurial sprit of Afghans to come out and be expressed, said the State Department official. (Telecommunications) has been a tremendous multiplier for the reconstruction of Afghanistan. Roshan, the largest mobile ph...

    Source
    CNN
  • Help Migrants Wire Home Hope

    African states could work closely with the private sector to modernise their weak financial service infrastructure, especially banking sector technology. This is crucial not only to improving access to formal banking channels in sending and receiving countries, but also to bringing a significant portion of remittance receipts into the financial system. State actions against money laundering and against funds suspected of financing terrorism have had a marked effect on remittances funnelled throu...

    Source
    Business Day (Johannesburg)
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