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IDB Launches USD $500 Million Education, Youth and Employment Bond
Citi priced a $500 million four-year Education, Youth and Employment (EYE) bond on behalf of The Inter-American Development Bank (IDB or IADB) on Tuesday – a first-of-its-kind investment vehicle, created with the support of Citi Microfinance.
- Categories
- Education
- Region
- Latin America
- Tags
- employment
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Microfinance as a panacea to Nigeria’s unemployment challenge
As credit plays vital role in start-up and expansion of businesses, microfinance has been treated as an important tool for economic development.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- employment, microfinance
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What if everything we know about poor countries’ economies is totally wrong?
As China and India continue their fairly rapid paces of economic growth, a greater and greater share of extreme poverty is going to be concentrated in sub-Saharan Africa. But if we're going to make progress there, we need to have good numbers about how various economies are faring, how income is distributed within them, and so forth.
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Opinion: ‘Wanted: inclusive business’
With more severe poverty and inequality to begin with, worsening unemployment and lack of significant improvement in reducing poverty and inequality negate our otherwise impressive economic growth performance of late.
- Categories
- Uncategorized
- Tags
- employment
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Weekly Roundup – 4/25/14: Ringing the Bell on Social Enterprise, Remembering Rana Plaza
Each week the New York Stock Exchange invites a different group to ring the opening and closing bells to start and stop the day’s trading. On Monday, a new group did the honors: representatives from the U.S. National Advisory Board (NAB) to the Social Impact Investment Task Force. While the bell ringing is purely symbolic, the symbol is important nonetheless: Impact investing has moved from the fringe to the mainstream – or at least mainstream recognition.
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- Uncategorized
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African Development Bank’s SME Program: Enhancing Inclusive Growth and Job Creation in Africa
The Board of Governors of the African Development Bank Group (AfDB) through its private sector window has approved a US $9 million line of credit (LOC) equivalent in Mozambique metica (MZN) to Moza Banco.
- Categories
- Uncategorized
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Is the Future Role of Social Enterprise to Foster Compassionate Capitalism?
Our expert panel discuss the role of social enterprise in society, and the values of social business.
- Categories
- Impact Assessment
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West Africa: Breaking the Cycle of Youth Unemployment, Poverty
Youth unemployment and underemployment are among the main barriers to development in West Africa, say experts. Not only does the exclusion of young people from the labour force perpetuate generational cycles of poverty, it also breaks down social cohesion and can be associated with higher levels of crime and violence among idle youth.
- Categories
- Environment
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