Africa
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posted by Admin  on September 12, 2008

Muhammad Yunus meets UK Prime Minister Gordon Brown and describes the activities and success of microfincance provided by Grameen Bank in Bangladesh. He suggests that Africa would benefit from this model and he also goes on to explain ‘Social Business’ - business with social rather than purely financial objectives
     

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Let communities decide the agenda for development
When aid agencies predesign the funding priorities for communities or organisations in the developing world, they add to exercerbate the problems. Aid does not work if the aid agencies force their agenda on the recepients. For many years Africa has received aid from the west but it has not translated to real development or poverty alleviation as they seem to to claim. Once the aid agencies leave the agenda to the communities to decide their priorities then things will change. Otherwise there is no need to continue funding current programmes as they wont translate to real change. There must be a paradigm shift and a radical one for that matter on how aid agencies view development in communities. Let communities decide their funding priorities and not the other way round. Emmanuel Dennis: http://emmanuel-ed.blogspot.com/
Posted By : Emmanuel dennis Ngongo
Posted on : September 15, 2009

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