In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go."
Funds compared to Microfinance phenomena
The Foundation's funds - jointly established with African specialist business developer and financier GroFin - may have "kicked off" a new asset class in the same way as Muhammad Yunus began microfinance, according to a new book.
In Philanthrocapitalism - How the rich can save the world, respected Economist journalist Matthew Bishop and development expert Michael Green write: "the Shell Foundation's biggest success so far has been in creating an investment fund for small and medium-sized enterprises in Africa". They go on conclude: "...as Muhammad Yunus and Grameen bank did by turning microfinance into an asset class, Shell [Foundation] may have kicked off a multibillion-dollar investment in ending poverty." Acting Foundation Director Chris West, said: "I am absolutely delighted with this comparison, especially as it comes from such a respected writer. If, as we believe, Shell Foundation and GroFin are indeed at the point of creating a new asset class - we call it Growth Finance - then there is no reason why, like microfinance, this can't be replicated across Africa and beyond, creating both sustainable jobs and attractive financial returns for investors. If, one day, we can have an impact as big as microfinance that would be marvellous, though we still recognise there is a long way to go." |










