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IFC’s Partnership With CAWTAR Strengthens Research on Women’s Entrepreneurship in the MENA Region
The International Finance Corporation, the private sector arm of the World Bank Group, has signed a memorandum of understanding with the Tunis-based Center of Arab Women for Training and Research to promote research on women’s entrepreneurship in the Middle East and North Africa. This project will help meet demand from development institutions and women’s organizations for more research on the importance of women’s entrepreneurship for private sector development. It will ...
- Region
- North Africa & Near East
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Nokia and Grameen Foundation USA Join Forces to Bring Affordable Telecommunications to Rural Village
Nokia and Grameen Foundation USA today announced a collaboration to bring affordable, accessible telecommunications to rural villages in Africa through microfinance. This collaboration builds on GFUSA’s global Village Phone initiative that helps people living in rural areas start self-sustaining businesses while providing affordable telecommunications to their communities. Access to affordable and reliable telecommunications services is a lifeline for rural communities and a crit...
- Region
- North Africa & Near East
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A responsible profit from the war on malaria
?Business is for profit, and profit is for a purpose,? he says. ?This makes business sustainable and profit responsible.? When he was 19, Mikkel Vestergaard Frandsen left school, went hitchhiking and wound up in Cairo, where he met a couple of Nigerian wheeler dealers. They told him about some ?easy business? importing trucks, but he eventually decided he would be better off without partners. ...
- Region
- North Africa & Near East
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Housing Microfinance ’To Take Off in Africa’
The trend of providing microloans to poor people to buy houses is likely to rocket in the next few years as an alternative to conventional bank mortgages, says low-income finance expert David Porteous . While delegates to the African Microfinance Conference in Cape Town agreed that housing microfinance was gaining ground across Africa, commitments by the large South African banks could provide a fresh twist to this tale. Un...
- Region
- North Africa & Near East
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