Daily Brief: Paul Farmer/USAID, Impact Investing, and Lifesaving Cereal
Posted in Business and Development, Foreign Assistance Reform, Impact Investing, Social Enterprise by Marco Puccia with 1 Comment
TAGS:
Tags: Africa, AGOA, biz4dev, Investment, Reform, Social Enterprise, Social-Capital, Trade, USAID
Here’s your Daily Brief for August 5th:
Paul Farmer out for USAID? (via Foreign Policy) – It appears as if Paul Farmer, the man recently rumored to be appointed head of USAID, is no longer in the running. The culprit seems to be the daunting vetting process itself, including a form requiring the candidate to list every foreign national he/she has come into contact with of the past several years.
How is AID-reform supposed to take place if nobody can get in to reform it???
In the works: Major social enterprise rating and reporting systems – It looks like some big changes to the social capital markets world may be in the works. The first is the “Impact Reporting and Investment Standards” — an initiative toward creating a common language for assessing social and environmental impact. The second is the “Global Impact Investment Rating System”, a B-Lab-like system for rating global private equity and investment portfolios. I could see the latter being a huge success — leading to increased private investment in such funds/portfolios.
Interview with Marie Konaté, CEO of a leading producer of fortified infant cereal products in Côte d’Ivoire – Protein Kisèe-La is a company delivering cereal-based foods designed to fight malnutrition while promoting the production of local food crops.
Quote of the Day:
Clinton Re-Affirms US Commitment to Africa Partnership (via VOA) – “Today, Africa counts for two percent of global trade,” she said. “If Sub-Saharan Africa were to increase that share by only one percent, it would generate additional export revenues each year greater than the total amount of annual assistance that Africa currently receives.” – Hillary Clinton
What do you think about the Daily Brief? Let me know!







