Sahel food crisis: The situation in Burkina Faso

Sahel food crisis: The situation in Burkina Faso
This is part of a series of posts, looking at the state of the Sahel food crisis. You can also find a regional overview and a report on the situation in Chad on this blog so far. On Tuesday, I was invited by Oxfam to look at one of their projects addressing the current food crisis in the wider region. A car took us from Ouagadougou, the capital, north to Kaya and from there to several surrounding villages. The dry season has the country in its hot and dusty grip now. Temperatures are above 40°C every day and it hasn’t rained for ...

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Microcredits revisited

Microcredits revisited
In 2008 I entered the microcredit business.That year I discovered the peer-to-peer lending platform MyC4, which lets you lend money to entrepreneurs in various African countries. My initial views on the platform were published in the German weekly “Der Freitag” but for those who don’t speak German or don’t like klicking links, here is a short round-up on MyC4: As “investor”* you can open an account with MyC4. The platform then let’s you choose from a number of open loans, which have been vetted by local partner organizations, the so-called “providers”. The lending itself is competitive - it uses the “Dutch” auction system. You can ...

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