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GIVEN the focus of the Group of Eight (G-8) summit of world leaders and the Africa Commission, it may come as no surprise that among the Business in the Community awards being handed out this year, a new accolade ? the Oracle International Award ? recognises efforts to promote development in Africa. ?The award will highlight company practice on the continent,? says Peter Davis, deputy CE of Business in the...
Global business finds out that new markets and responsibility go hand in hand in AfricaNews
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...
Microcredit: the anti-poverty tool, by Mohammed Azim HossainNews
Alban Ofili-Okonkwo, Executive chairman of Autobahn Techniques Limited, is an ardent proponent of mass empowerment as a tool for wealth creation. This belief he has given practical expression through his Keke Nigeria Project, the first phase which has brought to fruition the Keke NAPEP initiative. At the last count, the Keke NAPEP initiative has seen the Obasanjo administration purchasing about four thousand ...
Keke Has Given Hope To Many, by Nsikan EssienNews
The objectives of the project are to establish tree nurseries to encourage reforestation in localities affected by desertification and bio-diversity loss, to empower women through training in agro-forestry practices, energy conservation and tree nursery management and to provide them with environmentally friendly income generating activities. Adeleke explained that tree crops such as acacia, eucalyptus, gum Arabic, neem, date palm, guava and black currant were planted in woodlo...
CCDI Takes Trees Protection Campaign to Borno, by Ben NwabuweNews
Studies have shown that the poor end up paying more for banking, electricity, water and health care. An article in the Harvard Business Review argues that multinational companies in social service delivery areas could help create better quality of care Many development thinkers now agree that foreign investment can be a major building block in promoting development goals. Yet creating models for investment in markets where the majority of the people are poor is not easy. Channelling foreign i...
How Foreign Investment can Facilitate Development, by Syed Mohammad AliNews
Vice-chairman of the National Planning Commission (NPC) Dr. Shankar Sharma Tuesday said that the government was planning to allocate budget for the development of business incubation in order to gear up developmental and business activities. ?The government has taken business incubation as a positive initiative, as world experiences have shown, it ensures over 80 per cent success of small and medium size enterprises (SMEs),? Dr. Sharma said while addressing a workshop of stakeholders on ?E...
Govt to set up business incubators to gear up SMEsNews
In a bid to create sustainable and gainful employment, aid resource utilisation and reach technological inputs to small and medium enterprises (SMEs), the London-based Commonwealth Secretariat conducted the second Commonwealth-India small business competitiveness development programme in Chennai last week.. An important achievement of this conference was to mainstream gender participation in economic activity, and I’ll not be exaggerating when I say that at most sessions the women ent...
A helping hand, by Rasheeda BhagatNews
The U.N. estimates that the creative industries -- which encompass a wide range of activities, from the movie and music industries to fashion and computer software -- represent seven percent of global GDP, the equivalent of 1.3 billion dollars this year. It is also a sector that is growing at a faster rate than the world economy in general. In the United States, Miguez noted, the intellectual property sector accounts for eight percent of GDP and generates employment for 12 percent of the c...
Harnessing Creativity to Boost Developing Economies, by Mario Osava
