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Eight Reasons to Invest in African Tech Innovation
In Africa, the middle class is growing, populations are urbanizing, IT infrastructure is improving and cell phones and mobile payments are more widely used than in most of the world. All of this has contributed to a recent tech startup boom that has garnered growing interest from international investors. Here are eight reasons why African technological innovation is a wise investment.
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- Investing, Technology
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How a Change in Perspective Helped Ignite Cookstove Sales
Envirofit is a social enterprise that since 2007 has produced and sold low-cost biomass cookstoves in developing nations. Along the way, it learned that good things happen when firms treat the BoP market as customers to be served, rather than beneficiaries.
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- Health Care, Social Enterprise
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A billion-dollar destination for Indian pharma exports
Latin America accounted for 7 percent of India’s global pharma exports of $15.3 billion in 2014-15.
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- Health Care
- Region
- Latin America
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The Most Popular Posts on NextBillion for September
Congratulations NextBillion contributors whose posts were the most popular in September. Below are the most viewed articles for the month as well as the most shared on social media. For each post, we’ve also added the “money quote” or the key paragraph or passage. A special thanks to these contributors as well as all NB submitters.
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- Uncategorized
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NexThought Monday: A New Checklist for Developing Markets for Underserved Communities
New research highlights the significance of incorporating a more “bottom-up” and participatory approach to market development – a position that contrasts with top-down methods that have dominated academic, policy and practitioner discourse.
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- Education, Energy, Impact Assessment
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NexThought Monday: And the big winners in the move to SDGs are … why not everyone?
As we move from the Millennium Development Goals to the Sustainable Development Goals (SDGs), the transition process is filled with a mix of excitement, expectation and guarded optimism. Perhaps some of the early hesitation voiced by various stakeholders, in both the public and private sector, trying integrate the SGDs will come to pass. However, the flourishing ecosystem of large companies diligently working in corporate social responsibility, shared value and in the inclusive business arena is encouraging.
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- Impact Assessment
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MTN most admired brand in Africa’s top 10 list, while Nigerian firms can’t stop winning
MTN emerged Africa’s most admired brand for the second year in a row, according the fourth annual Brand Africa 100 rankings announced Thursday in Johannesburg. It’s the second year in a row that the South African telco is topping the rankings.
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- Technology
- Region
- Sub-Saharan Africa
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GSBI Social Entrepreneurs Get Funded
In September, the Global Social Benefit Institute’s (GSBI®) partner Global Alliance for Clean Cookstoves announced the winners of its grants to spark business growth and empower women. Nearly US$2 million in grants were awarded to entrepreneurs working to create a global market for clean and efficient household cooking solutions, saving millions of lives, creating livelihoods, and restoring human dignity. This year the Alliance awarded 16 grantees from a diverse range of initiatives falling under three main funding mechanisms: the Women’s Empowerment Fund, Spark Fund, and the Catalytic Small Grants Program. The focus of all of the grants is to empower women and help small businesses scale their operations.
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- Uncategorized
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