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A promising strategy for SA’s development
By focusing on key sectors, government believes it can reduce unemployment from 25% to 15% by 2020. The priority sectors are infrastructure development, agriculture, mining, manufacturing, the “green” economy, and tourism — as identified in the November 2010 New Growth Path.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Acumen Fund Invests INR 1.5 Crore ($300K) in Edubridge Learning
Mumbai, India, July 25, 2012 – Acumen Fund, a pioneering nonprofit global venture fund addressing poverty across Africa and South Asia, today announced a INR 1.5 Crore ($300K) equity investment in Edubridge Learning Private Limited, a growing company that provides vocational skills training for low income youth across Maharashtra, Tamil Nadu, Karnataka, and Chhattisgarh
- Categories
- Uncategorized
- Region
- South Asia
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Growing Rwanda Out of Poverty
For the last few years, development wonks and international organizations have had the “Green Revolution for Africa” on their radars. Leaders in Africa have recognized that the first Green Revolution (spurred by the work of agronomist Norman Borlaug) resulted in massive improvements in health and productivity around the world, and are now looking to do the same on the so-called “Dark Continent”.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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NexThought Monday: Angolan Robusta – Getting the Best Coffee in the World to Market
I was 100 percent sure after tasting Angolan coffee that it could overtake Brazil and Colombia, and fill all of our cafes, grocery stores and kitchen counters with its amazing lush aroma and spectacular taste. But, in interviewing cooperatives, manufacturers and buyers, I came across several caveats that hinder the Angolan coffee industry and its farmers, and thus, our access to this marvelous product.
- Categories
- Agriculture
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Grassroots entrepreneurship helps alleviate poverty
Bangladesh has positioned itself in global community as a forward-looking nation, with firm footprint on path of steady, accelerating growth and development towards rapid poverty elimination and eventual prosperity. Bangladesh has achieved fairly steep decline in poverty over the past two decades from 57.0 per cent in the 1990s to 31.5 per cent in 2011. According to the latest projections of the Planning Commission, poverty will come down further to 26.4 per cent in FY 2012-13.
- Categories
- Uncategorized
- Region
- South Asia
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Nigeria: Using Call Centres to Bridge Poverty Gaps Among Unemployed Youths
Due to the recent economic recession, more people have become unemployed adding to the security problems that are plaguing the country. Evelyn Okoruwa writes on how call centres could bridge poverty gap by providing makeshift jobs for the country's teeming youths.
- Region
- Sub-Saharan Africa
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Cut Off From Infrastructure, Not From Support: SKS NGO Builds Self-Reliance in Isolated Communities
The purpose of SKS’s ultra poor programme is to create sustainable livelihoods so that those living in extreme poverty can graduate into one of two paths: Axisting microfinance programme in the area (for the few that wish to expand their business or diversify into other activities), or to continue saving in groups and use their savings to strengthen and diversify their asset base (a viable transition for most).
- Categories
- Education
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From Protection to Inclusion: Making the Shift to Cashless Payments Meaningful
All around the world, social protection is evolving into much more than a safety net for the poor. It is becoming a tool for financial inclusion and economic opportunity. On Tuesday (June 19) the New America Foundation and CGAP will host a live, Web-streamed event to launch the new Global Savings and Social Protection Website, as well as to discuss the greatest opportunities for promoting savings-linked social protection and payments around the developing world.
- Categories
- Uncategorized
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