Here’s your Daily Brief for November 4th through November 5th:
Nokia Launches 5 New BoP Mobile Phones – Nokia has been one of the most successful companies in the world when it comes to tackling BoP markets. They just announced the upcoming launch of Nokia Life Tools, a “service which gives consumers in small towns and rural areas the ability to get a range of livelihood and life-improvement services on their mobile phones,” in Indonesia after a successful pilot in India. Supporting the growth of this new service, Nokia announced 5 new phones specifically targeted at BoP consumers that will support the software.
This Ain’t a Phone, It’s An Arms Race – As mentioned in yesterday’s DB, competition is brewing among mobile phone companies in Africa.
The Informal Sector: Opportunity or Problem? (via CIPE) – One of the challenges facing developing economies is what to do with the informal sector. This post by CIPE offers some nice insight. I didn’t know that informal business accounts for 35-50% of GDP in many developing countries!
Unreasonable Institute Featured in BusinessWeek! – Being unreasonable seems to catch people’s attention! It’s REALLY REALLY hard for any kind of startup to get serious press (especially before they’ve done anything), so this is an awesome feat!
Just for fun:
I saw this video in a blog post on corporate culture and HAD to share it!
