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G20 Announces Winners of the IFC-Managed G20 Challenge on Inclusive Business Innovation
Los Cabos, Mexico, June 18, 2012—The Group of 20 today announced the winners of the G20 Challenge on Inclusive Business Innovation, a global competition managed by IFC, a member of the World Bank Group. Ambassador Rogelio Granguillhome, Executive Secretary of the Mexican Agency for International Development Cooperation and Chair of the G20 Development Working Group, presented the awards at a ceremony here.
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Business fighting poverty
For nearly 100 years, Africa has been a key driver of Anglo American's business success. Almost 40% of our assets remain in South Africa. Three of our seven main business groups (platinum, iron ore and thermal coal) and two of our key associates (diamonds and manganese) operate out of South-ern Africa. These are all globally competitive businesses and we are investing in them: $20bn in capital expenditure in South Africa over the last 10 years, and a future growth pipeline of almost $15bn.
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- Region
- Sub-Saharan Africa
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Rio+20: Are We There Yet?
No, we are not yet there, but we may be getting closer. On Saturday, the Brazilians took over the once again informal negotiations on the outcome document. The world is fortunate in this regard, as Brazil has one of the best diplomatic corps in the business.
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- Environment
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- Latin America
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Can This New Backpack Solve The World’s Water Woes?
You may not have heard of Greif, but you’re probably familiar with its products. One of the largest industrial packaging companies in the world, Greif makes plastic drums, fiber drums, water bottles for water coolers, steel containers, and more. The companies that buy certain Greif products--like the drums that hold hazardous chemicals--are the same ones that may inadvertently poison people in the developing world who use those containers to transport water after they’ve been thrown out. And so it makes a certain kind of sense that Greif would step up to create a solution, dubbed WaterWear, that allows people to safely and easily carry gallons of clean water.
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- Agriculture
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Kalpna Saroj: One of the Few Women Social Entrepreneurs in India
Kalpna Saroj is an Indian social entrepreneur whose rag to riches story reads like a Bollywood script. Born into the caste of an Indian 'Dalit,' where she was formerly an "untouchable" and bullied at school; forced into marriage at the age of 12, and then fought social pressures to leave her husband; finally, overcoming poverty and physical abuse, she becomes CEO of a multi-million dollar company: a true heroine!
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- South Asia
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Time For An African Valley? — Sub-Saharan Accelerators Start To Emerge
The news that i/o Ventures had launched the Savannah Fund in Africa is clearly welcome news for an emerging continent. It’s $10m fund size will be a shot in the arm for the eco-system there. But I was surprised to see that it was being described in some quarters as the “first ever” Sub-Saharan African incubator and accelerator. Because it patently is not.
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- Sub-Saharan Africa
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USAID and Citi partnering to bring mobile money to world’s unbanked
The U.S. Agency for International Development, tasked with the administration and distribution of international aid from the U.S. government, announced it is forming a new partnership with Citi. The partnership is aimed at providing financial inclusion for the world's un- and underbanked by encouraging "mobile money" technology in developing countries. It was announced at the USAID Frontiers in Development forum held at Georgetown University.
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Dell awards $50,000 to top student social innovator, Apl.de.ap rocks the Moody Theater
Entrepreneurship is the answer to almost every single problem we have in the world today.So says Daniel Epstein, founder of the Unreasonable Institute, as he spoke in front of the crowd of 200-plus gathered at the Moody Theater Tuesday night for the Dell Social Innovation Challenge awards.
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