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  • Brazil’s bumpy road to the low-cost PC

    It was an idea everyone loved: Develop a cheap PC that would let large numbers of Brazilians connect to the Internet. Literacy would rise, the economy would improve and the country’s emerging tech sector would get a boost. Unfortunately, it’s been about six years and counting. From 1999 to the present, the Brazilian government has made several attempts to foster cheap computers for the masses, but the efforts have foundered in a sea of red tape, political infighti...

    Source
    CNET News.com, By Paulo Rebelo (link opens in a new window)
  • Kenyans use spirit of ubuntu to scoop top prize

    A Kenyan social enterprise, Honeycare Africa, was named the top small- to-medium-sized business in Africa in Johannesburg last week. This is the first time in the history of the Africa SMME Awards that a non-South African company has been named the winner. According to Professor Nicholas Biekpe, head of the Africa Centre for Investment Analysis (ACIA) at the University of Stellenbosch Business School and host of the event, the emergence of Honeycare as the winner is indica...

    Source
    www.ioljobs.co.za (link opens in a new window)
    Region
    Sub-Saharan Africa
  • Cell phones plug Africa’s poor into mobile banking

    After years of stashing his cash under the mattress, Jeremiah Mpanza now transfers money with a flick of his thumb to his girlfriend in South Africa’s rural heartland. His trick? The humble cell phone. Mobile technology has already revolutionized communications in the world’s poorest continent, bringing phones to millions of poor and isolated people who had never before made a call. Now cell phones are serving as a bank in your pocket, providing virtual...

    Source
    Reuters (link opens in a new window)
  • New report highlights MBA programs which incorporate social and environmental issues into research p

    It might seem odd, at a prestigious awards ceremony attended by top business school deans and senior corporate executives, to predict the event?s demise. This, however, was what one of the winners of this year?s Beyond Grey Pinstripes awards did. ?My hope is that 10 years from now, we?ll now longer need this award,? declared C.K.??Prahalad, professor of corporate strategy and international business at Michigan University?s business school. He was winner of the Lifetime Achievement awa...

    Source
    The Financial Times (link opens in a new window)
  • Microfinance institutions have been asked to lower their interest rates and work together towards economic recovery and poverty alleviation in the country. United Nations Development Programme (UNDP) business adviser Fortunatius Okwiri asked the organisations to play a leading role in economic development and employment creation by offering loans and other financial services to more clients at affordable rates. Unlike major financial institutions which charge high i...

    Source
    The Nation (Nairobi) (link opens in a new window)
  • Electronic Currency: Malawi

    In mid-September, cell phone users on Malawi’s Telecom Networks (TNM) received a text message saying With TNM you can now recharge your friends mobile using TNM direct top up service. Just use the following command: *112*phone number*recharge pin*. Its that easy What does this mean? Well, TNM users, for the most part, are on a pay-as-you-go system--when you need more minutes, you buy scratch-off cards with a code to punch in for additional credit. TNM has also lo...

    Source
    Emeka Okafor (link opens in a new window)
    Region
    Sub-Saharan Africa
  • Microfinance – Not a Gold Mine, but Saving Livelihoods

    2005 is the UN Year of Microcredit Microfinance is widely viewed as a panacea for poverty alleviation and development; claims of income-generation activities and near-perfect returns on low-interest loans to the poor abound. However, this is only half of the story. A recently-completed research project concludes that the overwhelming majority of microfinance institutions (MFIs) are at pains to break even. This is le...

    Source
    AllAfrica.com (link opens in a new window)
  • Africa’s grey market VoIP operators are coming out into the light as attitudes and legislation change. The emergence of a VoIP service providers sector could prove almost as significant for Africa as the earlier emergence of independent ISPs. Because beyond the mobile companies, it has been the entrepreneurial energy and lobbying of ISPs that has driven regulatory change in many countries. The emergence of the newly legalised VoIP service providers (or those who hover in a legal ’no-m...

    Source
    AllAfrica.com
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