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Financial inclusion for whose benefit?
The tale of financial inclusion in India is akin to that of the blind men and the elephant. You all know the story. A bunch of blind men chance upon an elephant. The one who catches hold of its tail says the elephant is like a rope. The one who touches the trunk says the elephant is like a snake, while the one touching the animal's leg insists it's like a tree.
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- Uncategorized
- Region
- South Asia
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The Microinsurance Revolution
Six years ago David Patient felt his immune system slipping. He had been H.I.V.-positive for a long time, but now he made two decisions: He started on antiretroviral medicines to protect himself, and he began trying to buy life insurance to provide for his partner.
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- Health Care
- Region
- Sub-Saharan Africa
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SAP Teams With Endeavor and Ashoka Changemakers to Empower Entrepreneurs Around the Globe
SAP AG today announced two new initiatives aimed at unlocking the potential for entrepreneurs and small and midsize businesses to drive economic growth, innovation and job creation, which in turn is key to SAP's long-term success.
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- Uncategorized
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New Farmer Alliance to Improve Incomes and Food Security in Africa
WASHINGTON, DC, June 12, 2012 – Today, the U.S. Agency for International Development (USAID), Vodafone, and TechnoServe launched a new partnership to increase the productivity, incomes and resilience of smallholder farmers in Kenya, Mozambique, and Tanzania. The Connected Farmer Alliance will leverage mobile phone-enabled solutions to improve supply chain efficiency and increase farmers’ ability to access secure, timely payments and other financial services.
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- Agriculture
- Region
- Sub-Saharan Africa
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Kenya: Equity’s Mwangi Tops the World Again
Nairobi, Kenya — Equity Bank's Chief Executive Officer (CEO) and Managing Director James Mwangi, has been voted the 2012 Ernst & Young World Entrepreneur of the Year at a colorful ceremony held in Monte Carlo, Monaco over the weekend.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Acumen Fund Invests in Virtual City to Automate Agricultural Supply Chains in East Africa and….
Nairobi, Kenya, June 5, 2012 – Acumen Fund, a pioneering nonprofit global venture firm addressing poverty across Africa and in South Asia, today announced a $1.5 million convertible debt investment in Virtual City, a mobile technology services provider based in Nairobi.
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- Agriculture
- Region
- Sub-Saharan Africa
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- supply chains
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CleanStar Mozambique: Food, Fuel and Forests at the Bottom of the Pyramid
What on earth is Novozymes, a $1.8-billion industrial biotechnology company headquartered in Denmark, doing in Mozambique, a poor African country (per capita income: $440) where corruption is rampant and more than half of the government’s budget comes from foreign aid?
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- Environment
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- forests
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Financing social entrepreneurs
When social entrepreneur Luke Dowdney needed to raise funds two years ago to support Fight for Peace, the charity he founded that teaches boxing and martial arts to at-risk youth to reduce violence in gang-ridden communities, he didn't go the usual route of looking for donations. Instead he launched LUTA, a martial arts-based sportswear company featuring street wear created by young designers from the tough Brazilian neighbourhoods where Fight for Peace began.
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- Uncategorized
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