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How to tap mobile data opportunities
With the support of handset manufacturers, telecommunication analysts predict that mobile penetration will shoot to 13 per cent by 2008, up from the current seven per cent. This is equivalent to 125 million subscribers, making Africa the fastest growing region in the world. According to Mr Matthew Hatton, an international wireless analyst, Africa will continue to present significant and untapped market growth rates. Handset sales are expected to register a steady rise, topping the 50 milli...
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- The Financial Standard
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Consumer-goods makers are realizing they have only one direction to go for growth: down-market
’The great white spot in the world economy is the lower-income market,’ says Laercio Cardoso, who oversees low-income markets in Brazil for the Anglo-Dutch laundry-soap manufacturer Unilever. ’Reaching them isn’t charity?it’s business.’ Lately, business is booming. Makers of everything from bicycles to bouillon cubes are scrambling to serve the most modest of patrons. Factories are retooling to turn out no-frills goods such as floor fans, single-door refrigerators a...
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- Newsweek International
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HP trials four-in-one Linux PC
The quad computer, called the HP441, is being aimed first at the education market in developing countries, where keeping hardware costs down is critical. Brooke Partridge, HP’s business manager for emerging markets, said the HP441 is already being used at schools in a pilot project in South Africa and work is continuing on expanding sales into other countries. ...
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- ComputerWeekly.com
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Indian technology fund gets US$400,000 World Bank grant
A private Indian equity company that invests in high technology ventures said Thursday it has received a grant of US$400,000 from the World Bank to support up-and-coming companies in developing nations. The funding will help Indiaco increase its portfolio of investments from 57 startup companies to about 150 by next March, company director Girish Narasimhan said. Most of the companies will be in India, but some will be in other developing countries. ...
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- Financial Times
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Amerityre Enters Accord to Sell Manufacturing Systems and to License Technology in Developing Countr
Amerityre Corporation has entered into an agreement with International Research and Development (IRD), La Jolla, California, to introduce Amerityre’s polyurethane tire manufacturing technology in developing countries around the world. In connection with the agreement, Anthony Renda, the president of IRD, stated that, IRD’s goal is to present a ’turn key’ type manufacturing opportunity in several regions throughout the world where Amerityre’s Flatfree(TM) tires technolo...
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- Press Release - Amerityre
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Courting the Poor, a Retailer Rises to No. 3 in Brazil
Magazine Luiza has gone from being a relatively small department store chain to Brazil’s third-largest nonfood retailer in just over a decade. And it has done so by assiduously courting the poor. The company has also managed to weather the country’s notoriously volatile economy, turning a profit every year since 1992. Last year, when the economy shrank 0.2 percent, Magazine Luiza’s sales increased 30 percent. This year, with the economy bouncing back, Mrs. Rodrigues expects the...
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- The New York Times
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Developing countries’ economic clout grows
This axis of economies, which were once considered the economic underdogs, now have burning ambitions, fueled by explosive growth in China and India - both of which expanded by around 10 percent in the first quarter of this year. That expansion is in turn fueling the other members’ growth through their strengthened trade ties. ’These countries can leverage their bargaining power as they become more important as both suppliers and markets,’ said Dominic Wilson, an economist at ...
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- International Herald Tribune
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Zimbabwe: Communal farmers benefit from links with commercial buyers
Close to 125,000 rural households in Zimbabwe have seen an increase in crop yields and income following efforts by USAID to boost agricultural production in communal farming areas. Improved agronomic practices have led to higher selling prices, and higher turnover. Communal farmers are now thinking of their farming activities as businesses, and not just subsistence farming. ...
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- IRIN News
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