Many Fast Moving Consumer Goods companies (FCMGs) operating in developing economies (often associated with infrastructural challenges and supply chain inefficiencies) are usually forced to consider the decision to either integrate backwards - in a bid to assure better security and quality in supply of raw materials - or forwards in order to manage distributions operations more effectively. However, doing so comes at a cost especially where such companies may end up committing resources to…Continue
Added by Murphy Okpala on March 30, 2012 at 13:00 — No Comments
An agriculture company that’s looking to enhance its local sourcing strategy, an education initiative whose vision is to make internet connectivity available for all children in Tanzania and a health venture that aims to replicate successful health approaches from elsewhere. All these, and others, were in the 70-strong audience at Innovations Against Poverty (IAP) launch in Tanzania/ Dar es Salaam in the beginning of March. The event was a full house, with more people attending than were…Continue
Every business/organization operates within an environment and community that not only hosts but also serves as primary stakeholders in their operations directly and/or indirectly. In other words the sustainability and continuous growth of organizations is somewhat tied to the sustainability and continuous growth of the community and environment which they operate in. This has formed the basis for various social…Continue
Added by Murphy Okpala on March 27, 2012 at 15:00 — No Comments
In contrast to my last blog post about the difficulties NGOs perceive in speaking the right language to communicate with the private sector, the reverse also proves to be a challenge! The business community often struggles to understand the donor lingo. Specifically, businessmen are used to being able to sell their concepts by phone calls, meetings and pressing the flesh: for them, being faced by a form with a series of development-ese questions to answer is like being back in the exam hall…Continue
On Wednesday morning, BIF Malawi, in collaboration with Business Consult Africa (BCA) and CONGOMA (the Malawian Association of NGOs), held a joint workshop to discuss inclusive business and the opportunities and challenges for NGOs to work with the private sector. The event was well attended, with a total of 27 participants, mainly from Malawian and International NGOs, but also with representation from the donor community. The high attendance meant the room was a little cramped – but at…Continue
Added by Practitioner Hub on March 21, 2012 at 10:00 — No Comments
Every two years since 2000, the World Business Development Awards (WBDA) have been recognising companies who directly address development challenges while going about their business. This year, IBLF, the ICC and UNDP—who jointly run the WBDA—have decided to take the award ceremony to Rio+20. The awards will be at the end of the Business Day (19thJune), with many Brazilian and international dignitaries in attendance.
This is a…Continue
Added by Graham Baxter on March 19, 2012 at 16:30 — No Comments
On 12 December last year, one of the projects for which the Business Innovation Facility had provided support reached an exciting milestone. Jita, a rural sales venture that generates income for thousands of rural women called ‘Aparajitas’, was legally registered as a Bangladeshi company. Jita is a ‘multinational social enterprise,’ set up with investment from France and the US, with clear objectives for both profit and social impact.
The journey to this point had been a…Continue
Added by Inclusive Business Hub team on March 19, 2012 at 9:30 — No Comments
How do successful partnerships between social entrepreneurs and big businesses get going? What are the essential building blocks involved? What are the challenges that might arise moving forward? What are the benfits and costs of partnering with social enterprises?
Join the live discussion on Thursday 22nd March,…Continue
Added by Practitioner Hub on March 16, 2012 at 12:00 — No Comments
Following the event in Blantyre, a second BIF workshop targeted at agribusinesses was held in Lusaka, Zambia on the 6th March. Businesses attending the workshop included: Copperbelt Energy Company, Tata Zambia, Cropserve, CHC…Continue
Added by Jack Steege on March 15, 2012 at 12:00 — No Comments
Added by Karen Smith on March 15, 2012 at 9:28 — No Comments
Added by Christianah Adekeye on March 14, 2012 at 12:30 — No Comments
The BIF Bangladesh Team has always been a proactive member of the business and development sectors. Together as a team, we have attended multiple workshops where we visualized a future where IB models would be led by successful NGO-Business partnerships. The workshops, such as the one hosted by RBPB (Responsible Business Promotion in Bangladesh), a CARE Bangladesh program, had excellent discussions featuring distinguished speakers to promote partnership.
This is why when we decided to…Continue
Innovations Against Poverty, the new challenge fund by Sida, had a successful start last year with hundreds of entrepreneurs getting engaged and nearly 30 companies receiving financial support. The funding and outreach is now increasing to also target middle income countries in the Middle East and North…Continue
Added by Innovations Against Poverty on March 12, 2012 at 16:30 — No Comments
With less than three weeks go before the closing date for nominations, the World Business and Development Awards today announced the ten-member international judging panel charged with determining award winners in 2012.
Organizers today issued a final call for businesses to submit successful initiatives in linewith the Rio+20 UN Conference on Sustainable Development. All organisations, regardless of size or location, engaged in innovative business models delivering both commercial…Continue
Added by Leesa Muirhead on March 11, 2012 at 20:32 — No Comments
Companies innovate to stay ahead of their competitors. Inclusive business is about creating new opportunities for companies to provide products and services for lower income customers, or procure from poor producers. But how does a company innovate in these sectors, which are far removed from their…Continue
Added by Tom Harrison on March 9, 2012 at 15:45 — No Comments
When the average business professional in Nigeria uses the words - “local content” - everyone automatically assumes that she is referring to the Nigerian Oil and Gas Industry Local Content Development Bill 2010 which was formally passed by President Goodluck Jonathan. This Bill, which places obligations on upstream oil companies in the areas of finance, community and local workforce, has been heralded by many to be one of the most progressive developments in the sector. More…Continue
This was the central question addressed during a recent BIF workshop held on 1st March in Blantyre, Malawi. The workshop, targeted at local agribusinesses, was delivered by members of PwC UK’s Sustainability and Climate Change team.
The event was well attended with representatives from Exagris, Universal Industries, GTC, Illovo, Eastern Produce, Nali, and Malawi Mangoes .Non business representatives included NASFAM, Concern Universal, VSO, EU Global Climate Change…Continue
This month I have selected two excellent contrasting toolboxes for entrepreneurs. One, more conventional, covers the essentials to start and run operations: business plans, insurance, accounting and cash flow. The other provides tools and building blocks for ‘entrepreneurial spirits’ to revamp…Continue
Added by Editor's Choice on March 5, 2012 at 10:14 — No Comments