Tag Archives: NGO

Prime Minister Laurent Lamothe of Haiti: “We don’t want to be known as an NGO nation” Reply

by • Haiti News • Tags: , , , , ,

HaitiReposted from The Huffington Post
By Elisabeth Braw
Previously published in Metro http://www.readmetro.com

Less than a year into the job, Prime Minister Laurent Lamothe of Haiti has already made a mark. The young former entrepreneur travels around the world to promote Haiti as an investment opportunity, not an aid recipient. And he’s aggressively building infrastructure at home. Lamothe, who made a fortune with his telecoms company in Africa, joined the government as Foreign Minister less than two years ago and was promptly promoted to Prime Minister. More…

Haiti: Where Has All the Money Gone? Reply

by • Haiti News • Tags: , , ,

Reposted from The Center for Global Development

By Vijaya Ramachandran and Julie Walz

Since the 2010 earthquake, almost $6 billion has been disbursed in official aid to Haiti, a country with a population of just under 10 million. An estimated $3 billion has been donated to NGOs in private contributions in addition to official aid. The United States Government alone has disbursed almost $2 billion of this total amount and has pledged over $3 billion for relief and reconstruction. More…

From Charity to Private Equity – the Inevitable Path? Reply

by • Bangladesh News, Cambodia News, Laos News, Myanmar (Burma) News • Tags: , , , ,

Reposted from Coller Institute of Private Equity at the London Business School Blog
By Tim Gocher

When the Dolma Development Fund was founded in 2003 to invest in sustainable businesses in Nepal and Ethiopia, we first attempted to raise a commercial fund. However, due to political instability, civil war in Nepal, and the absence of international deal success stories in such markets, it quickly became apparent that the only money available was philanthropic. Thus the Dolma Development Fund was born as a non-profit organisation taking donations and deploying capital using the private equity model, but with social and developmental targets baked into the mandate.

How times and funding options have changed! Witness the rise of Impact Investment and related funds – a growing subset of Private Equity which invests for both a financial and developmental outcome. Particularly relevant for us is the growth of developing market SME impact funds. More…

A test for China in Myanmar hydro dam Reply

by • Myanmar (Burma) News • Tags: , , , , , , , , ,

Construction of Myitsone Dam project in Kachin State

Construction of Myitsone Dam project in Kachin State

Reposted from beyondbrics.com
By Gwen Robinson and Leslie Hook

A hydropower project in Myanmar – one of the biggest in southeast Asia – is testing China’s capacity to influence its impoverished neighbour, and deal with a phenonomen rarely seen at home – the NGO.

The Chinese-led scheme was abruptly halted by the Myanmar government last September. In a rare reference to concerns about the enviroment and local people’s welfare, Myanmar’s president Thein Sein said the project would not resume in his term, which ends in 2015. More…

Haiti now needs investment, not charity, Jean says Reply

by • Haiti News • Tags: , , , , , , ,

Michaëlle Jean

Michaëlle Jean

Reposted from The Globe and Mail

Former governor-general Michaëlle Jean has a message for Canadians about Haiti: The country now needs investment, not charity. Ms. Jean, UNESCO’s special envoy to the Caribbean nation, praised the international outpouring of aid that followed her homeland’s crippling earthquake nearly two years ago. But with a “responsible” government now installed in Port-au-Prince, she says, the country sees its recovery through more than handouts. More…

What Haiti Needs: An Entrepreneurial Revolution Reply

by • Haiti News • Tags: , , , , , ,

Reposted from Forbes

What can NGOs and donor nations do to help Haiti gain a true independence? First, foreign aid should be specifically allocated to infrastructure, a commitment from foreign governments to donate a specific amount over a twenty-year period toward road building, improvement of electrical grids, and ports, and training for Haitians so they can properly maintain the new infrastructure. These improvements would go a long way toward increasing private investment in Haiti. More…