British 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.
« Back to Home Page
Sign up for the 3p daily dispatch:
Shell, Marks & Spencer to Invest in African Flowers
Where we’re going
- Graphic: Collaborative Economy Honeycomb
- Has your organization had its annual Sustainability Audit?
- OpenIDEO Huddle: Design Thinking + Renewable Energy
- Betting Big on Electric Vehicles
- Vulnerable Homeless Warned of Storm Through New Mobile Service
- ‘Buyers’ Club’ Flexes Market Muscle in Favor of Healthier Building Materials