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Women Enterpreneurs Vital for African Development: ADB, ILO
Fostering women entrepreneurship in Africa is crucial for the development of the continent, the African Development Bank said on Wednesday. At a workshop organized by International Labor Organization (ILO) and African Development Bank (ADB) Pierre Thizier Seya, Resident Representative of ADB country office in Ethiopia, said: Fostering women entrepreneurship development is crucial for the achievement of Africa’s broader objective, including poverty reduction and economic and...
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Solar Power for Better Rural Cellphone Access
Business Day Lesley Stones Johannesburg SIEMENS Communications has developed a solar-powered base station for cellular network operators operating in remote areas that lack electricity supplies. The first base station, in Chiringa, Malawi, has been supplied to Celtel, which operates in 13 Afric...
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Academic says governments becoming less important
Understand nature, needs of businesses before calling them small. Trading, middlemen no longer factors to be discouraged. India lags in developing new approaches to enterprise development KOCHI: The term `small’ used to describe enterprises of a certain size does not help us understand the nature and needs of these businesses, says Malcolm Harper of Cranfield Business School...
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MasterCard Shareholders Approve Proposals for New Ownership and Governance Structure
The MasterCard Foundation, which will have two goals - to support young people around the world in gaining the skills necessary to succeed in a diverse global work force, and to provide microfinance programs and services to the financially disadvantaged to enhance local economies and develop entrepreneurs. MasterCard Incorporated has announced that its shareholders voted, at a special meeting of shareholders, to approve a range of proposals to provide MasterCard with a new owne...
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Institute in Rural Power Outreach
Rural areas may soon overcome power shortages after the Institute for Scientific Research and Technology (IRST) extends its biogas development project. If we developed biogas, the country would be relieved of rural energy shortage problems, said Ntaganda Jean, a technician at IRST. The institutes’ biogas project is meant to be an alternative source of energy to replace crude methods like wood cutting which degrade the environment, according to the official...
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Tagum Women Fuel Local Economy
JMD Abangan TAGUM CITY (30 November) -- The women sector has indeed become a significant force to reckon with as a fuel to the local economy and as backbone to prop up household income. Amidst hard times, women now have found financial relief from day-to-day expenditures in micro enterprise ventures like sidewalk vending; hawking goodies; selling delicacies, home-made processed meat, and others. The Savings Credit with Education (SCWE), a micro-finance program of the Credit Union...
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Financial Times Launches Annual Sustainable Banking Awards.
Financial Times Launches Annual Sustainable Banking Awards. The Financial Times reports (11/24) it announced on Wednesday the launch of the first global awards dedicated to recognizing banks that have actively integrated social and environmental objectives into their operations, while still maximizing financial gain for their shareholders. The annual FT Sustainable Banking Awards - created in association with the International Finance Corporation, ...
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Rural Finance in Ethiopia is Making Critical Difference in Productivity: Meles
Prime Minister Meles Zenawi has said rural finance was playing a critical role in the improvement of agricultural productivity, through the provision of credit for small holder farmers. In his opening address at a Worldwide Congress on Agricultural and Rural Finance here at the UN Conference Centre yesterday, Prime Minister Meles said, currently more than 2.5 million farmers, accounting for 25 percent of the total smallholder agriculture obtain credit annually for the purchase of inp...
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