Friday, November 30, 2007
25th Anniversary of World AIDS Day
According to UNAIDS, 2.5 million people contracted HIV/AIDS this year alone and 95% of all cases are found in developing countries, particularly Africa. I know that several of the groups we work, such as Kenana Knitters, with had fought hard to keep their employees healthy, often sponsoring testing and providing transport for those who need access to medications.
This year's theme is "Stop AIDS: Keep the Promise" and highlights the need for innovation, vision and perseverance in the face of the AIDS challenge.
Thursday, November 29, 2007
A Novel Idea
While newspapers, magazines and text books all have a specific purpose, the idea of buying a novel is one that appeal mainly to people with reasonable disposable income and a good education. Here in the West we buy books for pleasure all the time, but as Ms. Bakare-Yusuf points out, in Nigeria "someone will spend 5,000 naira (~$43) on a self-help or management book, but ask them to pay 850 naira (~$7) for a novel and they will moan and groan." To me, this is a good sign that the population is both becoming more educated and has the necessary income to spend on books. This should bode well for many other businesses and investment opportunities.
Monday, November 26, 2007
Holiday Shopping Begins!
Wednesday, November 21, 2007
A Report from the Ol Malo Trust Fund Raiser
The trust (funded in part by the sales of the beaded goods) supports several programs in the areas of health, education, water and the arts. The event attracted a wide array of people including guests who have stayed at Ol Malo lodge, a contingent from the UK and New Yorkers who are interested in Africa. One such New Yorker (or NY transplant!) was Toby Tanser, founder of Shoe for Africa, a nonprofit that sends used shoes to people living the Kibera slum (for more on the slum, see the "vivid example" video in our September blogs). As an organizer of the NYC marathon he has great access to whole lot of shoes and with the help of actor Anthony Edwards and his wife, Jeanine Lobell, they have sent thousands of shoes to some of Africa's neediest feet.
Sunday, November 18, 2007
It's All About Entrepreneurship
No matter where the investment is flowing--Zimbabwe, Nigeria, South Africa, Ghana, Rwanda, etc.--there seems to be increasing agreement that investing in businesses and entrepreneurs is the was out of poverty for the Continent. In a really interesting article in the New York Times' Week in Review section (that looks as though it was sponsored by from, the John Templeton Foundation) people provide an answer to the question "Will Money Solve Africa's Development Problems?" Longtime proponent of entrepreneurship over aid, William Easterly of NYU, to Iqbal Quadir, founder of Grameen Phone in Bangladesh, all make strong arguments for investing directly in people and companies and avoiding--at all costs--the funneling of funds to governments. The link above has full transcripts from the article and even those who answer "Yes" qualify their answer by saying the money must come in the form of investment, not aid.
Friday, November 16, 2007
Useful Toolkit for Small & Medium Size Enterprises (SMEs)
Among the specially designed free tools are:
• an online calculator that helps small businesses determine their readiness for financing
• free software to build a web site
• fee business forms used for employee performance evaluations
• community tools such as online conferencing, blog capability, group calendars
• survey and quiz builders to help small businesses make decisions, and
• a multilingual business directory to help small businesses link locally, regionally and globally
There are links to many other countries and regions and while the basic information stays the same the case studies and local resources change making it a very functional tool.
My friends at MBAs Without Borders could use this tool as part of their training when working with their clients which would really help bring many of the concepts to life--I'll have to let them know!
Wednesday, November 14, 2007
Good Economic News from Africa
While the credit is due in large part to oil, the results indicate that there are at least 18 other "non-mineral" industries that are contributing to this growth. While fair trade, handmade goods probably didn't make the list, at least we're doing a small part to give people the income needed to participate in these growing economies.
Further, countries internationally-recognized for “good performance” in macro-economic management and trade policy rose from 5 to 15 from 1999-2007, and 27 of 36 countries evaluated had improved their performance. Of course, civil unrest and corruption in places like Côte d’Ivoire, and Zimbabwe bring overall numbers down. It is great, however, to see positive economic news coming from the continent!
Saturday, November 10, 2007
Green Business Conference - Review from San Francisco
Tuesday, November 6, 2007
Africa: Kenya, Ghana Top List of 'Doing Business' Reformers
Interestingly, the report also finds that good rankings on the ease of doing business are associated with higher percentages of women among entrepreneurs and employees. "The benefits of regulatory reform are especially large for women," said Sylvia Solf, one of the authors of the report. "Women often face regulations that may be designed to protect them but that instead force them into the informal sector. There, women have little job security and few social benefits," she says.
It's nice to see some positive headlines for African business!Monday, November 5, 2007
Kenyan Outsprints Moroccon to Win the NYC Marathon
The headlines, however, went once again to Kenyan Martin Lel, 29, also the 2003 champion, who sprinted to the finish in 2:09:04. For those of you trying to do the math, that's an AVERAGE pace of 4:55/mile! It has taken me longer that that to put up this blog. Kudos to the Kenyans!
PS I should also acknowledge Ethiopian runner Gete Wami, who finished just 22 seconds behind Paula Radcliffe for second place in the women's race at a blistering pace of 5:28/mile.
Samburu Beaders Featured In Travel & Leisure Magainze
As you can see from the photo, they have done a wonderful job showing the richness of the culture and the products. The story also provides a very nice profile of Julia Francombe, the woman behind the beading project, detailing many of her efforts to help the local people both preserve their ancient traditions and flourish in a modern world with all its inherent problems and incredible opportunities. There is also a slide show and links to the collectives. Enjoy!