Category Archives: News

IFC and MasterCard Foundation to increase access to financial services in Sub-Saharan Africa

The International Finance Corporation (IFC) and the MasterCard Foundation have joined forces in a $37.4 million project to bring financial services to some 5.3 million people in Sub-Saharan Africa. The project will help microfinance banks in the region expand more … Continue reading

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Resilience and reinvention at the Council on Foundations

This year’s Council on Foundations conference in Los Angeles  (29 April – 1 May) did not have an official tagline, so in hindsight I would like to nominate one: Resilience & Reinvention. True to its Southern California location, the conference … Continue reading

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UK’s newly launched Big Society Capital equally welcomed and criticized

UK prime minister David Cameron launched the much-trumpeted Big Society Capital (formerly known as the Big Society Bank) last week amid considerable plaudits and an almost equal amount of criticism. Big Society Capital has £600 million, of which an estimated … Continue reading

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Progress with first MDG and fall in extreme poverty rates masks other areas of concern

The percentage of people living on less than $1.25 a day declined in all countries of the developing world between 2005 and 2008, according to estimates released late last month by the World Bank. South Asia saw the $1.25 a … Continue reading

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Just published: March issue of Alliance urges philanthropists to look to our planet

One of the worst consequences of the current recession may be that ‘we were all looking the other way as the world slipped into irreversible global warming and the vital natural resources on which we depend became depleted beyond repair’, … Continue reading

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