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WEF: Africa’s Growth March to Continue in Stride
There is good news from Africa. The continent is witnessing the second fastest economic growth, and according to knowledgeable sources it may grow even faster in 2013. What is more, currently Africa accounts for 14 sovereign wealth funds (SWFs) with a total amount of USD114 billion in 2009, representing 3% of global SWFs, and that share is expected to increase in future with the establishment of new SWFs.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- infrastructure
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Rwanda: Telemedicine Project On Track Year After Plan Was Hatched
A year after a plan to connect Rwandan hospitals through telemedicine was announced, the government says the project is set to start soon in some district hospitals.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Observing the Arab Spring, African Bankers Devise Economic Strategies
The African Development Bank (AfDB) was established in 1964 to guide the continent onto a path of sustainable pan-African economic growth and reduce poverty. Heading its efforts is Mthuli Ncube, chief economist and vice president at the multilateral bank, which is temporarily headquartered in Tunisia.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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How Mahindra’s ‘Spark the Rise’ is Igniting Impact
Mahindra Spark the Rise is an initiative by the Mahindra Group to provide innovators, entrepreneurs, and change agents with an open innovation platform to showcase their work and connect with like-minded people to amplify their efforts. The team’s core purpose is to drive positive change in the lives of their stakeholders and communities across the world. Spark the Rise empowers people to drive positive change by bringing them together through innovative ideas and awarding the grant money needed to put them into action.
- Categories
- Uncategorized
- Tags
- infrastructure
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Group mitigates poverty with alternative building technology
JSE-listed energy and chemicals group Sasol’s enterprise development vehicle, ChemCity, believes alternative building technology (ABT) has the potential to curtail unemployment and poverty – two of South Africa’s most pressing issues.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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In Brazil, a Break Through Investment Model in Affordable Housing: Harnessing a public-private solution to sustainable housing
At Bamboo Finance, we view housing as a critical component to driving economic growth, and our investment of R$7 million (US$3.6 million) in Bille, a Special Purpose Enterprise (SPE) created by Crinale, a Brazilian housing developer, for building and selling 1,200 houses in the interior of Sao Paulo State, represents a scalable solution to a massive social and economic problem.
- Categories
- Uncategorized
- Tags
- housing, infrastructure
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How the Arab World Can Build a Tech Sector of its Own
Unemployment in MENA is 10.3 percent, according to the International Labor Organization, the highest anywhere in the world. That rate grows to 23.8 percent for those between the ages of 15 and 25. But where should youth turn to look for meaningful jobs? Maybe the same place they turned to stage protests against their governments: online.
- Categories
- Technology, Telecommunications
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Disruptive Sanitation: Can 3-Wheeled Carts and Better Septic Tanks Add Value to the Supply Chain AND Clean Up Jakarta?
A Mercy Corps project titled PUSH (Program of Urban Sanitation and Hygiene Promotion) undertook a market analysis of Jakarta’s sanitation industry. Funded by the Suez Environment Foundation, the project found a massive untapped market of potential customers in urban Indonesia. Around 94 million Indonesians live without access to sanitation services and 22 million people—more than two and a half times the population of New York City.
- Categories
- Health Care, Impact Assessment