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  • 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)
  • Bio-fuel to be grown on wasteland

    The [Agri-Science Park] is a hub of public-private partnerships to enhance the development and commercialisation of science-generated technologies and knowledge through market mechanisms.? The goal of the ASP is to help achieve ICRISAT?s mandate to develop agriculture in the semi-arid tropics. The ultimate objective is to reduce poverty and hunger, and also to protect environment.? The ASP consists of an Agri-Biotech Park (ABP), an Agri-Business Incubator (ABI), Private Sector Hybrid...

    Source
    Business Standard
  • Can Tourism Help South Africa’s Poor? by Leon Marshall

    Though far outranked by the manufacturing sector as a foreign-currency earner, tourism is a focal point of the country’s strategy to reduce its high unemployment rates. Economists estimate that one job is created for every ten foreign tourists who visit South Africa. Experts say tourism can be used as a development tool to bring the country’s poor into the economic mainstream. Story found he...

    Source
    National Geographic News
  • CFTRI to promote units in Africa

    Export-Import Bank of India (Exim Bank) has signed an MoU with Mysore-based Central Food Technological Research Institute (CFTRI) to promote small-scale food processing projects in African and Latin American countries.? According to T C Venkat Subramanian, CMD of Exim Bank, the technologies developed by CFTRI are most appropriate, adaptable and affordable for developing countries.? For overseas application of food technologies, CFTRI is bringing low cost long shelf life technologies....

    Source
    Business Standard
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