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Root Capital, E+Co Tap Major New Funding
It must be the (giving) season. Just this week, NextBillion allies and SME investment pioneers Root Capital and E+Co announced $14M each of new investments and grants. Congrats to our friends and colleauges at both Root and E+Co - who have done pioneering work in the agricultural finance and energy finance sectors, respectively.
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A New Effort to Boost Small Businesses in Emerging Markets
Microfinance has improved the quality of life for millions of people at the bottom of the world’s economic pyramid, yet studies have not shown much of an impact on the economies of developing (or declining) nations. Microfinance, whether delivered via Grameen Bank-style rural distribution systems or direct loan operations like Kiva, just isn’t enough of a job creator. That’s why a number of economic development organizations are focusing on the next tier up—small but g...
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PM: Development Plans are not Only for Big Corporations
Development plans for the country are not designed to benefit only big corporate companies and rich individuals but as many Malaysians as possible, says Prime Minister Datuk Seri Abdullah Ahmad Badawi. The Prime Minister wants to see as many Malaysians, from all levels, to participate and benefit directly from the development plans that had been laid out. KOTA BARU: Development plans for the country are not designed to benefit only big corporate companies and rich individuals ...
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