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Fairfax Enters India to Invest in Local Firms
Fairfax Financial Holdings Ltd, a $30 billion (Rs.1.3 trillion)-plus diversified financial services company that owns stakes in Kraft Foods Inc. and Dell Inc., is entering India to invest in listed and unlisted Indian companies, a senior company official said. It will buy both minority as well as controlling stakes. Founded by Indian-born Prem Watsa , 61, popularly known as the Warren Buffett of Canada, Fairfax has appointed Harsha Raghavan, former India head of private equ...
- Categories
- Environment
- Region
- South Asia
- Tags
- sustainability
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Making the Global Ad Market Work for the BoP, One Bike At a Time
Global advertising spending is forecast to surpass $500 billion in 2011. When Coca Cola paints a roadside kiosk in Kikuyu, they’re paying someone. Why doesn’t that someone include you? That’s the question social entrepreneur Magali Bongrand asked in founding INSTINCT - a social enterprise leveraging corporate ad money to finance social ventures.
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- Environment
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A Kenyan Pedal Power Solution for Charging Mobile Phones
In rural Kenya, electricity sockets are hard to find but pedal power is everywhere, which is why inventor Pascal Katana has come up with an ingenious method to charge mobile phones using the energy generated by bicycles.
- Categories
- Environment, Technology
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Ten Years From Now … A Day With the SOCAP/Europe Entrepreneurs
How could impact investing make a real difference on our everyday lives? NextBillion writer Martin Herrndorf takes a pleasant stroll through "Socapia" in May 2021, observing the impact of the winners of the SOCAP/Europe Social Entrepreneur Scholarship a decade later.
- Categories
- Agriculture, Energy, Entrepreneurship, Environment
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(With Video) Chronicling the ’Spark’ of Libera
Africa Interactive, is a social venture that works with a network of 2,000 local media professionals throughout Africa and produces content for a variety organizations across the continent. In the last year we produced a series of videos, called Spark Africa, dedicated to sustainable developments, innovative projects and entrepreneurship.
- Categories
- Education, Entrepreneurship, Environment
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The BoP In Pictures: One Entrepreneur’s Story
Angelina Mwenzi is one of a few locals of Silanga Village, which is in the Kibera slums of Nairobi, empowered by Peepoople AB, a Swedish social enterprise that launched a pilot project in Silanga in October. She?s built her own small business out of The Peepoo, a personal, single use toilet that turns human waste into nutrient-rich fertilizer.
- Categories
- Agriculture, Entrepreneurship, Environment
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Environmental Entrepreneurs: Mexico’s ‘Échale a Tu Casa’ Builds Green Houses
Mexico needs 9 million new homes in the next 20 years to keep up with demographic demand. Yet construction of millions of houses could have significant negative environmental impact. ?chale lowers the environmental impacts of its homes by including features like rainwater harvesting, energy-efficient stoves and composting; all at a low price.
- Categories
- Education, Environment
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ViewChange Video of the Week: Burning In the Sun
An entrepreneur decides to return to his homeland in Mali and start a local business building solar panels - the first of its kind in the sun-drenched nation. Burning the Sun tells the story of Daniel’s journey growing the budding idea into a viable company and of the business’ impact on Daniel’s first customers in the tiny village of Banko.
- Categories
- Energy, Environment