Shell, Marks & Spencer to Invest in African Flowers

afric.jpgBritish supermarket chain Marks & Spencer, along with Shell Oil will invest $1 Million in fruit and flower growing enterprised in South Africa. The investors claim that 3,000 people will directly benefit as well as the local ecosystem. The idea is part of a philosophy that says that aid alone can’t alleviate Africa’s economic troubles, rather, private investment is a key part of the bargin to eradicate poverty on the continent. More on WBCSD.

Nick Aster is a new media architect and the founder of TriplePundit.com

TriplePundit.com has since grown to become one of the web's leading sources of news and ideas on how business can be used to make the world a better place.

Prior to TriplePundit Nick worked for Mother Jones magazine, successfully re-launching the magazine's online presence. He was instrumental in the creation of TreeHugger.com, managing the technical side of the publication for 3 years as well as an active consultant for individuals and companies entering the world of micro-publishing. He earned his stripes working for Gawker Media and Moreover Technologies in the early days of blogging.

Nick holds an MBA in sustainable management from the Presidio School of Management and graduated with a BA in History from Washington University in St. Louis.