Even as ‘The Economist’ noted in an authoritative piece at the start of 2017 that impact investing has come of age, moving into 2018 it looks like the rise of impact investing is indeed an age-related phenomenon. Powering the growth of impact investing are the millennial youth, the freshly minted generation of the 1980s and
Ivory Coast is facing challenges in catering for a rapidly rising labour force, counting 14 million workers in 2015 and poised to rise to around 22 million by 2025. As more and more workers enter the emerging economy, the issue is not so much employment for everyone, as it is to guarantee a decent wage. Indeed,
GroFin, a pioneering SME development financier, has opened its office in Senegal, furthering its expansion into West Africa’s Francophone belt after Ivory Coast. With the opening of this office, Senegalese entrepreneurs can expect to benefit from the unique model of appropriate, medium-term finance and specialised, value-added business support that GroFin extends to Small and Growing
Moving away from their historical over-reliance on the public sector, Arab youth are empowering themselves by pursuing entrepreneurship avenues and these young Arab entrepreneurs are creating employment at scale The eighth United Nations Sustainable Development Goal (SDG) calls for promoting “inclusive and sustainable economic growth, employment, and decent work for all.” A new report by the
With an overwhelming majority of the population at 97.6% consisting of native South Africans, and only half the households having access to piped water, Kaalfontein in Johannesburg is a typical township that is struggling to cater for a high BoP population. While townships are economically and politically significant in South Africa, they continue to lurk
“We approached several commercial banks but none of them would touch a start-up. GroFin funded our start-up where banks were unwilling to take the risk,” says Kamau.
With over 30 years of business success in the US, Kamau wants to revolutionise chicken rearing in his country with the sophistication and professionalism of poultry farming in advanced economies and contribute to national food security. Although various small chicken rearing businesses and a few big national poultry producers exist in the country, the poultry sector is one of the rapidly expanding sectors in Kenya and the current demand for poultry meat exceeds supply.
Samuel Sedegah is doing GroFin proud, having recently won the 2015 CFO Ghana Award for outstanding contribution to the growth of SMEs. We spoke to him to find out more about the man behind the mission.