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  • Cheaper mobile phone-based POS could make African credit card sales easier, by Mapara Syed

    For years credit cards have failed to penetrate developing nations the way they have impacted the rest of the world. This is down to the fact that many merchants and traders in these countries do not accept card payments, only cash or cheques. Conventional card payment processing terminals are expensive and most African merchants simply cannot afford them. However, with the rapid growth of wireless technologies new options to bring electronic transaction authorisation to non-traditional location...

    Balancing Act
  • Mani Shankar Aiyar’s Thai dream, by Sheela Bhatt

    Union Minister for Petroleum & Natural Gas and Panchayati Raj Mani Shankar Aiyar on Saturday announced a highly ambitious project called Rural Business Hubs, which will aim to eradicate rural poverty and create employment opportunity in rural India. If it is implemented successfully, the project will have far reaching consequences, it is said. Learning from China, Thailand and Japan’s experience of commercialisation of the rural areas and its produces, India has de...

  • USAID Partnering To Help Africans Help Themselves Out of Poverty, by Bruce Greenberg

    In sub-Saharan Africa, Natsios said, more than 2 million people die annually from malaria and many more succumb to AIDS-related complications even as millions more become newly infected with the virus. With the losses through death and the effects of the debilitating illnesses that prevent people from working, public services suffer, children are not properly educated, and economies begin to atrophy, he said. Natsios described projects USAID is spearheading to control the ravages of m...

  • Hydro Power Development: Private Sector’s Key Role, by Kamal Raj Dhungel

    Poverty reduction, an agenda of the first quarter of the twenty-first century, is the main development goal of all developing countries. High economic growth rate is desirable to bring the dream of the goal of poverty reduction into reality. However, experiences have proved that high economic growth rate alone is not sufficient to eradicate poverty. Failures to achieve the national development goal are attributed to the declination of the policies as to how and where the resources of...

    The Rising Nepal
  • Block by block, by Ricardo Sandoval

    [Cemex] set out to study the ?auto-construccion? market ? the do-it-yourself home building business that dominates Mexico?s transitional countryside, where farming no longer yields even subsistence incomes, and in the ad hoc neighborhoods that seem to pop up almost overnight on the fringes of Mexico?s cities. The company put its faith in Hector Ureta, an urban planner by training who believed the company had to radically alter its business model to achieve new sales in marginal neighborhoods.

    Stanford Social Innovation Review
  • BVGH Announces Bill & Melinda Gates Foundation Grant to Expand Biotech Industry?s Role in Fight Ag

    Four-year, $5.4 million grant will help companies overcome market and funding barriers BIO Ventures for Global Health today announced it will expand its efforts to enlist biotechnology companies in the fight to improve global health, with a new $5.4 million grant from the Bill & Melinda Gates Foundation. BVGH is a nonprofit venture founded last year by the Biotechnology Industry Organization, with support from the Gate...

    BIO Ventures for Global Health
  • Microcredit: the anti-poverty tool, by Mohammed Azim Hossain

    Bangladesh can play a vital role for the creation of a microcredit environment within the region. Microcredit programmes can also involve: 1) education, 2) social and political awareness, 3) preventive health and nutrition awareness, 4) income generating activities, and 5) local resource mobilisation. It is possible to work with minimal funds if microcredit organisations implement a cost-effective methodology. The immediate impact of the above activities is that: 1) education increased the lite...

    Financial Express
  • Village banks offer hope in Asia, by Donald Greenlees

    The concept of the village bank was brought to the people of Ban Taling Chan soon after the tsunami by Mechai Viravaidya, who became a celebrity in Thailand for promoting the use of condoms, curbing population growth and the spread of HIV. Mechai, chairman of the Population and Community Development Association, has a simple principle for his aid programs: The route out of poverty is business, not charity. Charity is a dead end, he said. Once your funds run out, you ...

    International Herald Tribune
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