Jewels in the Jungle: Uganda: PBS Frontline/World feature on microfinance programs in Africa
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Tuesday, November 07, 2006
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Africa is ready for business; in fact it has been for many, many centuries now. But while the emerging markets outside of Africa are generating tons business investment buzz, Africa has received little attention and has still boasted some of the highest returns imaginable. Come journey....
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1 Comment:
Microfinance seems to be at the forefront in the battle to bring entrepreneurship to Uganda's masses-the group the George Ayittey refers to as the atingas or the peasant class in his book "Africa Unchained". As the referenced story suggest microfinance is not new.
However, the fact that someone in Gainesville, Florida, USA can make $100.00 available to someone-lets say 75 miles outside of Kampala, Uganda -from the comfort of their own living room-thats something to speak about.
It is way also to encourage and support the more trade, smarter aid concept, as well
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