Michael Jarvis: The Multi-Stakeholder Initiatives Mid-Life Crisis – time for a support group?
The sun is shining here in Sydney and a thousand attendees are gathered for the Global Conference of the Extractives Industries Transparency Initiative (EITI) – a multistakeholder effort bringing together stakeholders from government, civil society, oil, gas and mining companies and investors in support of transparency to help ensure citizens see the benefits from their […]
What are the most promising Base of the Pyramid business models in Latin America?
Housing, education and banking, increasingly through mobile technology, are three of the fastest growing areas for private companies doing business with the Base of the Pyramid. Thanks to creative and also profitable new business models, low-income Colombians living outside the formal banking system are buying homes and appliances like fridges and washing machines on credit, […]
Camfed and Pearson launch partnership for girls' education
We are delighted to announce a pioneering new partnership between Camfed and Pearson to transform educational opportunities for girls in Zimbabwe and Tanzania.The Camfed-Pearson partnership has been awarded a grant under the prestigious Girls’ Education Challenge, launched by the UK’s Department for International Development to give one million of the world’s poorest girls the chance […]
Camfed and Pearson launch partnership for girls’ education
We are delighted to announce a pioneering new partnership between Camfed and Pearson to transform educational opportunities for girls in Zimbabwe and Tanzania.The Camfed-Pearson partnership has been awarded a grant under the prestigious Girls’ Education Challenge, launched by the UK’s Department for International Development to give one million of the world’s poorest girls the chance […]
Why Job Creation Is King in Africa, Just Like Everywhere Else
At the recent Africa Economic Summit in Cape Town, one of the themes of debate was the ‘post 2015’ goals, which the United Nations community will set itself when the existing Millennium Development Goals expire in 2015. I spoke at an event hosted by Business Fights Poverty where the audience seemed divided over whether these […]
Empowering women at scale requires a strong business case and partnership
Coca-Cola, like many other businesses, recognises that our business growth journey in emerging economies will only be sustainable if the benefits of growth reach all members of society, especially those who traditionally have been marginalised, including women and young people. As a business, we believe that there is no better investment than women, both to […]
Event Audio: Empowering Women through Business -Bridging the Financing Gap, Cape Town
On 10 May 2013, The Coca-Cola Company and Business Fights Poverty convened a breakfast event, taking place in the margins of the Africa World Economic Forum, to explore how to strengthen support for women entrepreneurs, with a particular focus on enabling access to finance. A compelling social, economic and business case for investing in the […]
The SunWater Project – Advanced Solar Technology for Poor Farmers
In my last article, you heard about SunWater, a project to build a radically affordable solar water pump for $2-a-day farmers that will transform small plot agriculture, create new water markets, and significantly increase incomes that will raise bottom-of-the-pyramid families out of poverty. Our target customers are small-plot farmers in India and Africa. These farmers […]
How Using Mobile Payment Systems Can Increase Your Revenue And Help You Keep Track Of Sales
In several developing and emerging markets, the use of mobile phones to make financial transactions (‘mobile money’) is now widely accepted, including by those at the base of the economic pyramid (BoP)*. The largest telecoms provider in Africa, MTN, transfers close to $208 million across their networks every month, according to its CEO Themba Khumalo. […]
Pearson hosts brainstorming on affordable learning
Pearson HQ on The Strand here in London was the site on 9 May for a brainstorming session on the challenges facing affordable learning in the developing world. A keynote by Charles Leadbeater, a thought leader on innovation, was followed by discussion of how to make the most of mobile technology to make learning affordable […]
Getting Paid – The Value of Using Mobile Payment Systems
In several developing and emerging markets, the use of mobile phones to make financial transactions (‘mobile money’) is now widely accepted, including by those at the base of the economic pyramid (BoP)*. The largest telecoms provider in Africa, MTN, transfers close to $208 million across their networks every month, according to its CEO Themba Khumalo. […]
My Experience as a Mentee in the Mentoring Women in Business Programme (Part 3)
Dumpling Dreams was previously just an “idea”, but over the past year became an implementable and actionable plan. After I returned from the UK, my mentor and I firstly needed to brainstorm about how to raise the start-up capital necessary to put this dream into motion. December 2012: Lenovo group launched their “For Those Who […]
First Step Economic Opportunity Zone: Challenges of Running a Juice Factory
“I can sell you 14 235 pineapples”, that’s what a farmer said to Claudio Scotto, CEO of Africa Felix Juice. 14 235 pineapples – quite an impressive figure at first glance. If you put it into the context of Claudio Scotto, you will end up with a different interpretation: A lot of small scale farmers […]
Transforming Solar Pumping to Eliminate Rural Poverty
What if we could harness the limitless power of the sun to carry water to the crops of millions of small poor farmers around the world? If I want to water my petunias, I turn on the tap outside my house, hold my thumb over the end of a battered green hose, and water away. […]
Business Booster Project Sierra Leone
Wednesday, 17th April 2013, 18:00 local time: Arrival at the airport in Freetown. Add to it 5 more hours for taxi, waiting, the slowest ferry ride I have seen in my life and another taxi, that’s the time I arrived in downtown Freetown, Sierra Leone. But even though transport and a whole lot of other […]
Creating Opportunities in Rural East Africa
For most young people in rural communities in Africa, opportunities are scarce. With only 28 percent of Africa’s labor force holding stable wage-paying jobs, and most of those concentrated in urban areas, rural life can appear to offer little prospect for advancement. On a recent trip to Kenya, I met 26-year-old Alice Micere from Njukiini, […]
What is the Business Booster?
The Business Booster pilot project is a joint program of the Youth Employment Network (YEN), UNIDO and Endeva. The project seeks to pilot a holistic multi-stakeholder approach to increasing the earnings of youth-led cooperatives in Sierra Leone, by enabling them to access premium markets such as the US and/or the high value domestic market where […]
Delivering on Africa's Promise
Africa is forging ahead. Sustained growth – despite the global downturn – has strengthened its leaders’ resolve to stay on a path of reform, even if sometimes the pace is slower than one might wish. Its businesses are beginning to build brands capable of competing internationally. Its consumers are spending more and creating opportunities for […]
Delivering on Africa’s Promise
Africa is forging ahead. Sustained growth – despite the global downturn – has strengthened its leaders’ resolve to stay on a path of reform, even if sometimes the pace is slower than one might wish. Its businesses are beginning to build brands capable of competing internationally. Its consumers are spending more and creating opportunities for […]
The impact of European Commission support to PSD? We’re still none the wiser.
With ever-increasing pressure for donors to “show impact” for their aid programmes, there was a lot of interest in last week’s presentation of the Evaluation of EC Support to Private Sector Development in Third Countries from 2004 to 2010. But what can the European Commission (EC) actually take from this evaluation? The report estimates that […]