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South Africa: Support From Private Sector Is Needed for Sustainable Development
Sustainable development in Africa depends on innovative sources of finance and resources from the private sector, African leaders and world experts said at the United Nations Conference on Sustainable Development, or Rio+20, currently being held in Rio de Janeiro, Brazil.
- Categories
- Environment
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Business fighting poverty
For nearly 100 years, Africa has been a key driver of Anglo American's business success. Almost 40% of our assets remain in South Africa. Three of our seven main business groups (platinum, iron ore and thermal coal) and two of our key associates (diamonds and manganese) operate out of South-ern Africa. These are all globally competitive businesses and we are investing in them: $20bn in capital expenditure in South Africa over the last 10 years, and a future growth pipeline of almost $15bn.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Time For An African Valley? — Sub-Saharan Accelerators Start To Emerge
The news that i/o Ventures had launched the Savannah Fund in Africa is clearly welcome news for an emerging continent. It’s $10m fund size will be a shot in the arm for the eco-system there. But I was surprised to see that it was being described in some quarters as the “first ever” Sub-Saharan African incubator and accelerator. Because it patently is not.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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The Microinsurance Revolution
Six years ago David Patient felt his immune system slipping. He had been H.I.V.-positive for a long time, but now he made two decisions: He started on antiretroviral medicines to protect himself, and he began trying to buy life insurance to provide for his partner.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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New Farmer Alliance to Improve Incomes and Food Security in Africa
WASHINGTON, DC, June 12, 2012 – Today, the U.S. Agency for International Development (USAID), Vodafone, and TechnoServe launched a new partnership to increase the productivity, incomes and resilience of smallholder farmers in Kenya, Mozambique, and Tanzania. The Connected Farmer Alliance will leverage mobile phone-enabled solutions to improve supply chain efficiency and increase farmers’ ability to access secure, timely payments and other financial services.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Kenya: Equity’s Mwangi Tops the World Again
Nairobi, Kenya — Equity Bank's Chief Executive Officer (CEO) and Managing Director James Mwangi, has been voted the 2012 Ernst & Young World Entrepreneur of the Year at a colorful ceremony held in Monte Carlo, Monaco over the weekend.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Acumen Fund Invests in Virtual City to Automate Agricultural Supply Chains in East Africa and….
Nairobi, Kenya, June 5, 2012 – Acumen Fund, a pioneering nonprofit global venture firm addressing poverty across Africa and in South Asia, today announced a $1.5 million convertible debt investment in Virtual City, a mobile technology services provider based in Nairobi.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- supply chains
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SEEP Network, The MasterCard Foundation Launch $7.6 Million Partnership to Strengthen Sub-Saharan Africa Microfinance Groups
The SEEP Network and The MasterCard Foundation are launching a new $7.6 million, four-year partnership to strengthen and develop the capacity of microfinance industry associations in Sub-Saharan Africa. As microfinance scales and commercializes in Africa, there is an opportunity to support greater consumer protection and financial transparency within the industry.
- Region
- Sub-Saharan Africa
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