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Will invest US $ 1 bn in India for inclusive growth and climate change: Karin Finkelston
A member of World Bank Group, International Finance Corporation (IFC) has chalked out its investment plans for India focusing mainly on the renewable energy sources and targeting the bottom of the pyramid. Karin Finkelston, vice president, Asia Pacific talks to Rutam Vora on IFC's investment plans in India during the current year. Edited excerpts:
- Categories
- Energy
- Region
- South Asia
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Reduction in ST on black tea: leading brands welcome government decision
Leading tea brands in Pakistan, Lipton, Brooke Bond Supreme, Pearl Dust and A1 welcomed the bold decision by the Government of Pakistan to stem smuggling of tea and provide relief to consumers. As per SRO 608(I) 2012, General Sales Tax on black tea has been reduced from 16 percent to 5 percent.
- Region
- South Asia
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Catchafire matches talented volunteers with opportunities to serve
Tom D’Eri needed some help. In September of last year, he co-founded a small social enterprise that helps people with autism find employment. He quickly realized that he needed some outside assistance with things like branding and website development, topics that he didn’t have much experience with himself.
- Categories
- Impact Assessment
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Board Approves Equity Investment of U.S. $100 Million in Agvance Africa
The Board of Directors of the African Development Bank Group (AfDB) approved on 16 May in Tunis, an equity investment of USD 100 million to Agvance Africa, the first agribusiness-focused Fund of Funds on the African continent. The strategic objective of Agvance Africa is to increase private investment flows into the agribusiness sector on the continent to address growing food security concerns and unleash the largely unexploited potential of African agriculture and agribusiness sectors.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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How Financial Innovation Can Save the World
Financial innovation got a bad rep in the financial crisis. But inside the well-barricaded Federal Reserve Bank in downtown San Francisco last month, the financial engineers were at it again.
- Categories
- Impact Assessment
- Tags
- impact investing
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Some entrepreneurs change the world, and make money doing it
Entrepreneurs change the world. Some develop new products or services that meet real needs or delight customers. Some create new jobs. Increasingly, entrepreneurs and small-business owners want a more direct, positive effect on our planet and its people. They want to use their entrepreneurial skills and attitudes to tackle some of the globe's most pressing issues.
- Categories
- Uncategorized
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Little Impact Seen From China Private Capital Push
SHANGHAI—China's pledge to give private capital real access to the nation's lucrative banking sector has triggered more skepticism than excitement, with analysts saying entry barriers remain firmly in place.
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- microfinance
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Middle East Social Entrepreneurship Faces Challenges, but No Shortage of Volunteers
The Arab Spring brought tumult to the Middle East, but the demonstrations have also ushered in new aspects to civil life in Arab society. Egypt this past week saw its first free presidential elections in its history as a result, and Arab youth across the region have used new media as an unfiltered way to express themselves and organize as they never could before.
- Region
- North Africa & Near East
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