Unleashing the potential of entrepreneurs
The starting point for development may be different for each country, but the journey taken is often the same. As I have seen, time and again it is wealth creation, jobs and livelihoods, above all else, which help poor people to lift themselves out of poverty. In the developing world, small and medium enterprises hold […]
Mobile Services for Women Entrepreneurs
In Indonesia, Amisha makes and sells made-to-measure wedding dresses. In Lagos, Elizabeth and three other employees make traditional Nigerian children’s toys. A world apart, both Amisha and Elizabeth are examples of thriving and enterprising women entrepreneurs who make their living producing valued local goods. They both also face limitations to their business growth due to […]
Unleashing The Potential Of Entrepreneurs In The Fight Against Poverty
The starting point for development may be different for each country, but the journey taken is often the same. As I have seen, time and again it is wealth creation, jobs and livelihoods, above all else, which help poor people to lift themselves out of poverty. In the developing world, small and medium enterprises hold […]
Beyond advocacy – business needs to get its head in the game
South Africa has one of the worst youth-unemployment problems in the world. By some estimates, less than half the working-age population is employed, and the figures for those under 35 are even worse. The reasons for this crisis can be illustrated by an example, provided by our National Planning Commission, that involves a young girl […]
The ‘Bottom of the Pyramid’ Approach: Responsible Capitalism or Business as Usual?
Yesterday evening I took part in a Public Debate at Saïd Business School, organised by the Centre for New Economies of Development – a collaboration between the Universities of Oxford, Sussex and Edinburgh. The event also saw the launch of a new website to encourage academic discussion and knowledge sharing on the BoP: responsiblebop.com Below […]
Webinar: Empowering People Through Mobile Technology
The jury is still out, but all eyes are on the G8
Blog: Agriculture Fights Poverty The Camp David G8 Summit is fast approaching. Organizations like ONEhave been working tirelessly to influence the G8’s thinking on food and nutrition security. We’ve asked the G8 to not only deliver on their past commitments, but more importantly, agree to do more. At ONE, we’ve also asked our 3 million […]
Beyond Microfinance: Can Government Cash Transfers Scale Up Financial Access for the Poorest?
What next after microcredit? The last few years of news scandals in the microfinance arena has created a gap in the credibility and viability of providing effective, low-cost and impactful financial services to the poor. Newer studies calculating the impact of microcredit find controversial development impact. SKS Finance’s $347 mn IPO (coming after Compartamos’ record-breaking […]
Made in Bangalore: How Social Enterprise is Transforming Business-As-Usual
As someone who grew up in Bangalore, I have seen my city undergo a startling transformation, from the Pensioners Paradise to the Silicon Valley of India. I am almost a pensioner myself now – I started writing this blog on my 60th birthday. Sometimes I feel stupefied and amazed by the changes – but I […]
Does your business fight poverty? Get recognised and inspire other companies.
At Business in the Community we believe that profiling best practice is one of the most powerful ways to bring about change. This is at the heart of how we support business to address global poverty. 65% of our members think that learning from case studies of initiatives of other companies help them contribute better […]
Villages in Action
It has been just over a year since we held the first ever globally broadcast Villages in Action conference. We did what had previously seemed impossible and a non-factor in the development complex. We dared to build a stage for “the poor” and handed over the microphone so they could be part of the global […]
Empowering Women Through Business
At a recent event in London organised by Business Action for Africa, UK Department for International Development and the Institute for Development Studies titled: “Advancing Gender Equality through Business and Partnerships”, we discussed the compelling economic and business case for investing in the economic empowerment of women. We know that improving the economic position of […]
New Ventures to Promote Clean Energy
Photo: Curt Carnemark / World Bank More than 12 million low-income people in Africa, Asia, and Latin America will gain access to clean energy following four companies’ commitments made today to the Business Call to Action, a global leadership initiative that promotes sustainable economic and social development. The companies also expect to create approximately 42,000 […]
Four Companies Announce New Ventures to Promote Clean Energy
Photo: Curt Carnemark / World Bank More than 12 million low-income people in Africa, Asia, and Latin America will gain access to clean energy following four companies’ commitments made today to the Business Call to Action, a global leadership initiative that promotes sustainable economic and social development. The companies also expect to create approximately 42,000 […]
Seeking Great Business Ideas for Investment
The Africa Enterprise Challenge Fund (AECF), which invests in businesses wishing to implement commercially viable and high development impact projects in Africa, is launching three new competitions to spur business innovation and investment in: agribusiness development across Sub-Saharan Africa; renewable energy and adaptation to help small farmers in East Africa to adapt to climate change; […]
Zidisha.org Facilitates $100,000 in P2P Microloans, “Turns Microfinance On Its Head”
While conducting fieldwork for a microfinance organization in West Africa in 2006, Zidisha.org founder Julia Kurnia noticed something startling. Loans that were funded at zero interest by well-meaning participants in the popular microlending website Kiva.org were costing the impoverished beneficiaries more than 35% on average in interest and fees. The exorbitant rates were charged by […]
Electricity Generation from Renewable Energy
Will Africa have the power it needs in the future? Will Africa have the technology it needs to supply adequate power? Will reliable electricity become an unaffordable luxury for low-income Africans? In the last few years, utility bills have risen many times in most African countries. The rising cost of fuel combined with the rising […]
SABMiller launches first ever cassava lager in Mozambique
SABMiller plc, one of the world’s largest brewers, today announced the launch of the first ever commercial-scale cassava-based beer. The beer, ‘Impala’, will be brewed in Mozambique by SABMiller’s local subsidiary, Cervejas de Moçambique (CDM). The launch marks the latest step in SABMiller’s ambition to create a portfolio of high-quality, affordable beers made using locally-sourced […]
Wallpaper Over Malaria
To most people, wallpaper serves an obvious purpose: to decorate homes. But in rural villages across the developing world, an innovative type of wallpaper may soon help protect families from malaria. Malaria is among the world’s most dangerous infectious diseases, claiming the lives about 1 million people every year, according to the World Health Organizations. […]
Doing good by doing well: Shaping a sustainable future
Public pressure to tackle social issues isn’t just a threat to success–it’s also an opportunity for companies that know how to pick issues that are ripest for their leadership. Several trends are creating a new set of challenges for corporations. For example, even as a global company facing resource scarcity must create more efficient products […]