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  • Govt to Launch Micro Finance Fund, Richard Mantu

    South Africans who need start-up capital for their small businesses will now have an opportunity to apply for such loans through the Apex Fund. Trade and Industry Minister Mandisi Mpahlwa is launching the South African Micro-finance Apex Fund (SAMAF) in Rusternburg in North West today. The launch will take place at Motswedi Village. The SAMAF is meant to stimulate development of small medium micro enterprises (SMMEs), opening doors to aspiring entrepreneurs who need loans less th...

    BuaNews (Tshwane)
  • Toyota replants itself near emerging markets, by Norihiko Shirouzu

    Mr. Drasko says he has tried Ford Ranger and Chevy S10 pickups and a Brazilian-built Nissan truck, but no vehicle has proved more reliable than Toyota Motor Corp.’s Hilux model. If you break down in remote oil fields, and it’s winter, you’re cooked, he says. Now, Toyota is banking on a new version of this sturdy workhorse and a couple of related models it will sell mostly in the developing world as a key part of its strategy to overtake General Motors Corp. as the w...

    Detroit News - Autos Insider
  • 3M’s Global Focus, by Brian Gorman

    The St. Paul, Minn.-based firm indicated that it is seeing slowing growth in the developed world and is getting mixed signals from economic indicators. As a result, 3M is counting on the developing world to provide for its future growth. Countries like China, Russia, Brazil, and India will account for almost half of the firm’s total growth in coming years, according to company CEO W. James McNerney, Jr. Of course, 3M is no stranger to international sales, as 60.6% of total reven...

    The Motley Fool
  • Indian firm unveils low-cost Linux-based PCs, by Dinesh C. Sharma

    Affordable computing devices have caught the attention of many technology companies targeting emerging markets such as India and Russia. Advanced Micro Devices, for example, has partnered with Tata Group to market its Personal Internet Communicator in India. And Taiwan’s Via Technologies on Tuesday launched a reference design for a PC that would cost around $250. Encore said its computers target different segments of the low-end market, including students, small businesses, government ...

  • CCDI Takes Trees Protection Campaign to Borno, by Ben Nwabuwe

    The objectives of the project are to establish tree nurseries to encourage reforestation in localities affected by desertification and bio-diversity loss, to empower women through training in agro-forestry practices, energy conservation and tree nursery management and to provide them with environmentally friendly income generating activities. Adeleke explained that tree crops such as acacia, eucalyptus, gum Arabic, neem, date palm, guava and black currant were planted in woodlo...

    This Day (Lagos)
  • 1,000 knowledge centres in every State by next year

    The major aspects of the [village knowledge centres] are connectivity, content, capacity building and management. The bottomline should be the harnessing of information, communication and technology (ICT) for the elimination of poverty and malnutrition. The programme’s impact should be measured in terms of progress made in human development indicators and in achieving the United Nations Millennium Development Goals (MDGs). Hitherto, the progress towards achieving MDGs has been slow, he said...

    The Hindu
  • India’s poverty: Help the poor help themselves, by Kirsty Hughes

    India’s government is backing a third, developmental approach that aims to improve the social and physical conditions of the rural and urban poor. This means more and better roads, improvements in water supplies and rural electrification; it also means big steps forward in education and health, together with efforts at microfinance. The fourth and most ambitious approach seeks to exploit the unused entrepreneurial abilities of the poor. In the state of Kerala, near India’s sou...

    International Herald Tribune
  • Via readies $250 PC for fall launch, by Michael Kanellos

    Taiwan’s Via Technologies plans to promote PCs that will sell for close to $250 this fall in an attempt to gain ground in the consumer market. The Terra PC is a reference design created by Via that will be licensed to PC makers around the world. The company will show off prototypes at the Computex trade show in Taipei next month, and systems are likely to hit the shelves in different markets in the world by September or October, said Ravi Pradhan, India country manager for ...

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