Prize boosts Bangladesh telecom project

The idea sounds so simple — give women in poor, rural areas a loan to purchase mobile phones to launch their own wireless payphone business — but it’s one that could help millions of people in one of the world’s most impoverished areas gain access to the information society.

The Development Gateway Foundation, a Washington, D.C.-based nonprofit group launched with seed capital from the World Bank, awarded on Sunday a prize to the Grameen Bank in Bangladesh for its Village Phone project, which provides women entrepreneurs with start-up capital to offer a communication service in some local 28,000 villages without phones.

The prize, worth

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

Previous article
Next article

Featured Articles

ADaPT connects employers with highly skilled young workers

Help wanted. That’s what many tech companies across Canada are saying, and research shows...

Unlocking Transformation: IoT and Generative AI Powered by Cloud

Amidst economic fluctuations and disruptive forces, Canadian businesses are steering through uncharted waters. To...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now