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Investing in social entrepreneurs with a focus on women and gender equality can help tackle poverty in many communities. “I was six years into a banking career. Unfortunately, I unknowingly handled a fraudulent transaction; the developments thereafter brought forth a slew of experiences and learnings about the ‘other world,’” recalls Teresa Njoroge, Founder, SMiMS Africa, […]

Thomson Reuters Foundation brought the spotlight firmly on the kind of robust support systems that social entrepreneurs need through a chat with Intellecap CEO – Anurag Agrawal on the sidelines of Sankalp Unconvention Summit 2014. View full article

There are lots of enthusiastic young social entrepreneurs in Africa, but there is little support to help them realise their dreams, according to a report launched during the first day of the Sankalp Africa Summit in Nairobi, Kenya. Stephanie Bauer, senior manager at global enterprise consultancy firm Intellecap which published the report, explains why the […]

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Access to funding, lack of information and failure by entrepreneurs to provide business history, have been cited as some of the challenges facing startups in Africa. FILE PHOTO | NATION MEDIA GROUP Access to funding, lack of information and failure by entrepreneurs to provide business history, have been cited as some of the challenges facing […]

Venture capital debt providers lend to start-ups and small and medium enterprises (SMEs) in the range of Rs.5-25 crore per transaction at an interest rate of 15-17%. Photo: Mint Mumbai: Indian start-ups, which typically raise equity from venture capital funds, are increasingly attracting non-banking financial companies (NBFCs), angel investors and even companies that provide working […]

There are interesting developments underway in Africa. The vast continent repeatedly made news in 2014 for being home to seven of the world’s fastest growing economies, and drew interest for having a large part of its growth driven by the Small & Medium Enterprise (SME) sector. This latter tidbit is crucial. It signals a move […]

“We are in a Catch-22 situation,” says Revathi Roy, a shareholder in Viira Cabs, a taxi service in Mumbai that employs only women drivers. “We can’t scale up because we don’t attract investors, and investors are not interested in us because we don’t have scale.” ‘Women’s taxi companies’ such as Viira and Priyadarshini Taxi Service […]

Management attitude is key: The management’s approach and perspective are key towards shaping the organisational culture. The tone at the top is essential when it comes to mitigating fraud in businesses and dealing with issues related to compliance. Induce a collective conscience: The ethical fabric of an organisation is critical for the creation of sustainable […]