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Accelerating the Adoption of Inclusive Business Models in Multinational Corporations: Challenges, Solutions and Success Stories
Over two decades ago, C.K. Prahalad and Stuart L. Hart challenged the private sector to tap into “the fortune at the bottom of the pyramid” by developing business models that serve people living in poverty. As Annabel Beales at Business Fights Poverty explains, this vision has gained traction under the mantle of inclusive business — yet adoption of these business models remains low among large corporations. She explores why accelerating this adoption is crucial to eliminating poverty and addressing the other SDGs, and shares three key lessons that show how inclusive business can be operationalized by large corporations.
- Categories
- Investing, Social Enterprise
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UK and Uganda Unveil £5 Million Clean Cooking Initiative
This two-year initiative is set to tackle critical challenges in clean energy access and enhance cooking conditions for millions of Ugandans.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Prembly Onboards IDVerse to Expand Global Identity Infrastructure and Pan-African Position
The integration of IDVerse’s identity tools into Prembly’s data infrastructure powers greater reach and automation for emerging markets to transact on a global basis.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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HealthCRED Raises USD 1.2 Million in Seed Funding in India
HealthCRED provides comprehensive, and adaptable financing solutions tailored for the healthcare sector.
- Categories
- Health Care, Technology
- Region
- Asia Pacific
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The Asian Development Bank Invests $100 Million in Fourth Partner Energy to Support Decarbonization of India’s Commercial and Industrial Sector
The financing includes $70 million from ADB’s ordinary capital resources and $30 million from Leading Asia’s Private Infrastructure Fund 2 (LEAP 2), administered by ADB.
- Region
- Asia Pacific
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The Paris Olympics Prove Reusable Packaging Is Possible on a Massive Scale
The Paris Olympics are the largest sports event ever to replace single-use beverage cups with refillable alternatives, and advocates hope it will send a clear message to event organizers and beverage brands that reuse is possible on a large scale.
- Categories
- WASH
- Region
- Europe & Eurasia
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Canada’s TC Energy to Sell Pipeline Stake to Indigenous Groups for $722 Million
The deal will see an Indigenous-owned investment partnership acquire a minority interest in the NGTL system and Foothills assets in western Canada.
- Categories
- Energy
- Region
- North America
- Tags
- human rights, partnerships
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RecoMed and Kaelo Health Team Up to Simplify Virtual Healthcare Delivery in South Africa
RecoMed operates as a comprehensive online healthcare marketplace and booking system, connecting healthcare practitioners, patients, and other stakeholders.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa