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I. WHAT CAN MICROFINANCE DO FOR AFRICA?
When properly harnessed, microfinance offers a variety of benefits to the African people. Foremost, microfinance initiatives can effectively address material poverty, the physical deprivation of goods, services, and the income to attain them. When properly guided, the material benefits of microfinancing can extend beyond the household into the community. At the personal level, microfinance can effectively address issues associated with “non-material poverty, which includes social and psychological effects that prevent people from realizing their potential.

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Black Economic Empowerment, like charity, is not investment
South African businesses have become one of the largest investment blocks in Africa. Many African countries regularly fret that they are losing their local business ownership to their cousins down South. Every sector of South African business is represented in this new scramble to invest; from mining to telecommunications to retail.
9.0 Conclusions: Entrepreneurship and Small Business Enterprise Growth in Uganda
As the world turns global, many countries are emerging out of the abject poverty into wealth. South Korea and Singapore are classical examples. In the 1960's, South Korea's per capital GDP was similar to that of Uganda. South Korea is now among the developed countries. Uganda is still characterised by massive poverty. The only way to transform Uganda and many African countries is to fuel growth through business development. Given the global competition, Africa may not be able to position herself competitively as a world class competition but must foster the growth of businesses through micro and small enterprises. Many donor funding agencies have identified this and have focused their attention to this sector.
1.13 Working safely out of poverty: Working Out of Poverty
The poorest workers are the least protected. More often than not, prevention of occupational accidents and diseases is missing from the agenda where they work. Hazardous work takes its toll on the health of workers and on productivity. It is unacceptable that the poor must be resigned to facing disproportionate risks to their safety and health because they are poor. South Asian countries are tackling hazards to workers, communities and the environment in the ship-breaking industry, and the ILO is working with them and other international partners to do so. We are showing that improvements can be made in working conditions and the environment in micro and small informal enterprises by low-cost investments that also raise productivity.
2.1 The cruel dilemma of school or work: Working Out of Poverty
The education and preparation for working life of the current generation of children are of key importance to the drive to reduce and eradicate extreme poverty. Access to basic education has improved in a large number of countries, but the poor have benefited much less than those who are better off. Over 115 million school-age children, mainly in low-income countries, were not in school in 1999; 56 per cent of them were girls. On current trends, a large number of South and West Asian and African countries are unlikely to achieve the Millennium Development Goal of ensuring that all children complete a full course of primary education by 2015.
Regional Economic Communities in Africa
Regional economic integration has a long history in Africa. The South African Customs Union (SACU) was established in 1910 while the East African Community (EAC) was set up in 1919. The East African Community collapsed in 1987 but is now being actively revived. Currently there are 14 regional economic communities in Africa.
Human Capital Formation by MNEs: Supporting Formal Education
While training is no doubt the major source of HRD activities undertaken by the MNEs, they can also contribute to the HRD of host developing countries by mobilising formal education. One of the MNEs that has invested substantially in formal education is Intel. They have invested in curriculum, educational equipment, infrastructure and technical support to almost all countries where they have production facilities, including Argentina, Brazil, Costa Rica, China, Malaysia, South Korea, India, Russia, Poland, Ireland and South Africa.
Making Finance Work for Africa
South Africa’s success in getting the financial sector to extend services to poorer communities could be adapted for other African countries, said Trevor Manuel, Minister of Finance of South Africa. He told participants that this is exactly what has been achieved by South Africa’s Financial Sector Charter. The charter was developed some four years ago by the financial sector, including banks and insurers, after the government urged it to transform its practices and policies
LA SlimWrap Mineral Body Wrap Business Opportunity Now Available in Singapore
Jan 26, 2010: LOS ANGELES, CA -- Just as North Americans are beginning to understand and embrace the more natural, wellness-based health and beauty treatments of the East, Asian men and women are clamoring for the more modern treatments now popular in the United States and Europe.

Footwear Major Woodland to franchise internationally
Feb 16, 2010: Footwear and apparel player Woodland will open exclusive stores in select foreign markets later this year, marking its foray into single-brand retailing overseas. The company, according to its top official, would be using the franchise route for its international expansion. The home-grown brand is in advanced stages of negotiations in some markets like the Middle East, South-East Asia and Sri Lanka for selecting local franchise partners and said it will have three to four exclusive outlets abroad by the year-end. At present, Woodland is present in over 600 multibranded outlets in the Middle East, Singapore and Thailand.

The Ultimate in Exotic Destinations: Vietnam and Cambodia
The exotic destination of Vietnam lies in Southeast Asia’s center, bordering China in the north, Laos and Kampuchea in the West, and the Pacific Ocean in the east. Cambodia, bordering the Gulf of Thailand to the south, Thailand to the east, Vietnam to the West, and Laos to the North.
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