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MTN eyes 3G, mobile banking launch in Nigeria
Abstract: Cellular giant MTM expects to apply for a liscence to provide mobile banking services in Nigeria....
- Region
- Sub-Saharan Africa
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Grameen Shakti, Rahimafrooz win world’s leading green energy award
Abstract: The Ashden Awards recognized four "pioneering projects from Bangladesh, India, Mexico and Tanzania," which brought electricity to rural areas through green power....
- Region
- Sub-Saharan Africa
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South Africa: Good Business
Excerpt: LAST week’s launch of the South African Social Investment Exchange (Sasix) serves to reinforce the idea that local business is concerned about more than just its own profits. The social investment exchange works very much like a stock exchange, except that in this instance companies place their money in a particular project, and receive a social return -- the upliftment and development of a worthy cause -- as opposed to a monetary return. The id...
- Region
- Sub-Saharan Africa
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MTN takes internet to poor
Excerpt: An initiative to provide convenient internet connectivity as well as access to a wealth of education information via a bespoke online portal to some of the country’s poorest communities was launched on Wednesday by mobile services operator MTN....
- Region
- Sub-Saharan Africa
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IFC Supports Madagascar?s SME Sector with First-of-Its-Kind Investment
Antananarivo, Madagascar / Washington, D.C., June 13, 2006?The International Finance Corporation, the private sector arm of the World Bank Group, will provide joint risk-sharing with the Republic of Madagascar and two local banks to make loans available to owners of small and medium enterprises. This is the first joint investment under the International Development Association/IFC Pilot Program for Micro, Small, and Medium Enterprises in Sub-Saharan Africa. Henri Rabarijohn, IFC?s Country...
- Region
- Sub-Saharan Africa
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Immigrants from India spread business success to homeland
Excerpt: Bhatia and many thousands of Indian immigrants with strong ties to the USA and India are storming back to their ancestral homeland to cultivate business and cut deals. With 1 billion people, a rising wave of consumers and annual economic growth of 8% since 2004, India is the world’s most promising economy after China....
- Tags
- migrants
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Exposing the myth of Third World aid
Abstract: In a review of William Easterly’s new book, White Man’s Burden, Michael Duffy explores the problems of aid to the developing world and asks what can be done about them....
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Indian medical care goes global
Excerpt: With hospitals in India’s cities boasting first world medical care at third world prices, the country is poised for a major share in the multibillion dollar global healthcare market....
- Region
- South Asia