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Seeking Riches From the Poor, by Megan Lindow
There is a great demand for simple technologies that can be used by people in Africa who lack access to banks, phone lines, credit cards and computers. South African entrepreneurs are in a unique position to develop and deliver these products to Africa’s poor, says Raven Naidoo, a founder of Radian, a small technology-consulting firm. Read full story here...
- Source
- Wired News
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6 Truths about Emerging-Market Consumers
They?re brand-aware, savvy shoppers who like mom-and-pop shops more than modern markets, a new pan-Latin study shows. Selling consumer products to Latin America?s 250 million low-income consumers ? men and women who constitute 50 to 60 percent of the region?s population and wield some $120 billion in annual purchasing power ? is more than an attractive opportunity: It is a necessity for large corporations trying to accelerate their growth. ...
- Source
- strategy+business
- Region
- Latin America