TechnoServe is an international nonprofit that promotes business solutions to poverty in the developing world by linking people to information, capital and markets. It is a registered 501 based in Washington, D.C., with over 1,300 employees across 30 countries worldwide. Wikipedia.
News Article | May 4, 2017
-- Charity Navigator has again awarded TechnoServe its highest-possible rating for sound fiscal management, accountability and transparency. This marks the eleventh straight year in which TechnoServe has earned this four-star designation."Attaining a 4-star rating verifies that TechnoServe exceeds industry standards and outperforms most charities in [its] area of work," wrote Charity Navigator CEO Michael Thatcher. "Only 1% of the charities we evaluate have received at least 11 consecutive 4-star evaluations, indicating that TechnoServe outperforms most other charities in America. This exceptional designation from Charity Navigator sets TechnoServe apart from its peers and demonstrates to the public its trustworthiness."Founded in 1968, TechnoServe is known for its mission of developing business solutions to international development challenges. In 2016, TechnoServe's helped 594,000 farmers, entrepreneurs, and workers earn nearly $200 million of additional income. The organization's work was recognized this past year in outlets like The Economist, The Huffington Post, ABC News, the Harvard Business Review, and Forbes.com.Each year, Charity Navigator evaluates more than 8,000 charities based on their financial performance, accountability, and transparency."We are honored to once again receive Charity Navigator's highest rating," said TechnoServe CEO William Warshauer. "This recognition is a testament to the hard work of our staff in ensuring that every donation we receive helps enterprising women and men lift themselves, their families, and their communities out of poverty."# # #TechnoServe ( http://www.technoserve.org ) is a leader in harnessing the power of the private sector to help people lift themselves out of poverty. A nonprofit organization operating in 29 countries, we work with enterprising men and women in the developing world to build competitive farms, businesses and industries. By linking people to information, capital and markets, we have helped millions to create lasting prosperity for their families and communities.With nearly 50 years of proven results, TechnoServe believes in the power of private enterprise to transform lives.
News Article | January 18, 2016
Ripe cocoa pods are seen in a cocoa plantation at the San Miguel farm in Matagalpa, Nicaragua January 8, 2016. A farmer stands in a cocoa plantation at the San Miguel farm in Matagalpa, Nicaragua January 8, 2016. Soaring temperatures in Central America due to climate change are forcing farmers to pull up coffee trees and replace them with cocoa, spurring a revival in the cultivation... Workers carry sacks of coffee beans at a warehouse at the Nogales farm in Jinotega, Nicaragua January 7, 2016. A worker dries cocoa beans at the 'Jorge Salazar' Cooperative in the town El Tule in Matagalpa, Nicaragua January 8, 2016. Soaring temperatures in Central America due to climate change are forcing farmers to pull up coffee trees and replace them with cocoa, spurring a... But with temperatures on the rise, the veteran coffee farmer is shifting his lower-lying land to a crop that, although new for him, enjoys a rich legacy in the region: Cocoa. "Coffee is no longer viable due to climate change," said Castellon, who calls his 420-hectare (1,038-acre)farm Los Nogales. Soaring temperatures in Central America, linked to climate change, are forcing many farmers like Castellon to replace coffee trees with cocoa - a crop once so essential to the region's economy it was used as currency. Farmers across the region, known for high-quality arabica beans, are still recovering from a coffee leaf rust disease known as roya, which devastated crops over the past four years. Now, lower-altitude areas are becoming unsuitable for growing coffee as temperatures heat up. Cocoa thrives in the warmer weather. Castellon maintains coffee plants on the higher portions of his farm, at about 1,200 meters (3,937 feet). But two years ago he replaced coffee with cocoa on 84 hectares (208 acres) of land at about 700 meters (2,297 feet) in altitude, protected by the shade of fig and banana trees. He expects to produce his first cocoa crop this April and said planting the cocoa trees cost about a third of what it would have cost to renew coffee plants. The quiet shift across the region shows up in export data: This crop year, coffee bean exports from six countries in the region excluding Honduras will fall for the third straight year, to 8.14 million 60-kg (132-pound) bags - the lowest level since the 1973/1974 cycle, according to the U.S. Department of Agriculture. Cocoa production and exports have steadily risen. In Nicaragua, cocoa exports totaled 3,839 tons (8.5 million pounds) in 2015, up more than 80 percent from 2014, and in El Salvador, a coalition is working to expand cocoa acreage hundredfold. Even in Honduras, which has seen a successful recovery from roya, the government is requiring growers to substitute 8 percent of coffee land to cocoa. To be sure, some new cocoa acreage has come from abandonment of other crops, and high-altitude coffee production is strong in many parts of the region. Central America also will not supplant West Africa as the leading supplier of the main ingredient in chocolate anytime soon. But high cocoa prices are providing an incentive to farmers to switch. The region's cocoa rebirth could ease concerns about supply stability amid growing emerging market demand, weather scares and the potential for civil strife in Ivory Coast and Ghana, which produce 60 percent of world output. In Nicaragua, the ideal coffee zone is between 700 and 1,700 meters (2,297-5,577 feet) above sea level, but rising temperatures and lower rainfall will shift the range to 1,000 to 1,700 meters (3,281-5,577 feet) by 2050, according to a 2012 study by the International Center for Tropical Agriculture. Temperatures have increased between 0.5 and 3 degrees Celsius (0.9-5.4 degrees Fahrenheit) in the region in the past century, and temperatures in coffee zones are expected to rise another 2.1 degrees Celsius (3.8 Fahrenheit) by 2050. Roya has long plagued coffee production, but scientists say warmer weather will cause more harm because the disease thrives in high temperatures. "Coffee is not for this region anymore - the yields are no good, and it's more investment," said Roberto Mairena, 51, who eight years ago planted 8.4 hectares (21 acres) of cocoa on his 300-500-meter (984-1650 feet) San Miguel farm in La Dalia, in the mountainous Nicaraguan department of Matagalpa. The devastating impacts of roya forced many affected farmers to reconsider the wisdom of re-investing in coffee. Many decided on cocoa, calculating that rising temperatures would only make coffee in those areas more vulnerable. "Leaf rust was an effect of climate change," said Ryan Bathrick, the Nicaragua country director for TechnoServe, a U.S. nonprofit organization that helps coffee and cocoa producers with farming techniques and business practices. "There's a lot of optimism around cacao." In El Salvador, a coalition including USAID and Catholic Relief Services hopes to help plant cocoa on 10,000 hectares (24,711 acres) by 2019, up from 100 hectares (247 acres) when the project began in September 2014. The group is specifically targeting roya-ravaged coffee growers. The coalition's efforts helped Andres Menjivar, who planted cocoa trees on one-third of his farm's 8.4 hectares (21 acres)this August, after roya wiped out coffee production on his La Libertad, El Salvador farm four years ago. "Studying history, we always learned about how cocoa was part of the way of life in Central America, but it gradually lost out to other crops," said Menjivar, who expects to cultivate his first cocoa crop in 2018 and is considering planting more. Current price levels are also sending a signal to producers to transition to cocoa. Coffee futures fell 24 percent in 2015 to around $1.20 a lb, while cocoa futures have risen for four consecutive years to trade around $3,000 a tonne, or $1.36 a lb. Growing consumer demand for higher-quality products in both markets is also driving the shift, and coffee premiums tend to increase with altitude. "The lower-altitude coffee does not have the quality level that is now being demanded by the market, so the income these farmers are getting is lower," said Gilberto Amaya of Catholic Relief Services in El Salvador. But those altitudes are suitable for higher-quality criollo cocoa, which is sought after by craft chocolate makers. Efforts in the region are focused on promoting quality rather than volume, so while Hershey and Nestle may not be using the beans any time soon, Central America may soon supplement the Dominican Republic and Madagascar as a source of beans for the burgeoning craft chocolate industry.
News Article | December 1, 2016
NEWPORT BEACH, CA--(Marketwired - Dec 1, 2016) - The PIMCO Foundation, the philanthropic arm of global investment management firm PIMCO, has awarded more than $1.9 million in grants to 72 organizations serving some of the most at-risk populations. "Through the PIMCO Foundation, our firm and our colleagues seek to make an enormous difference in our communities. We want to use our time, skills, and financial resources to create real social value," said Emmanuel Roman, Chief Executive Officer of PIMCO, and President of the PIMCO Foundation. "Since inception, the Foundation has awarded more than $29 million to our nonprofit partners -- organizations that are solving complex social problems around the world. And this year, we are once again inspired by our list of grantees and delighted to contribute to their missions and impact." The Grants Program aligns with the PIMCO Foundation's mission to Engage, Empower and Invest in individuals and communities across the globe. In the Critical Community Needs category, the Foundation seeks to support organizations that are addressing economic instability in Orange County and the New York Metro Area. Specifically, the community indicators the Foundation focused on were: In the Education category, the Foundation seeks to support organizations that are focused on early childhood education and/or college access. In the Gender Equality and Economic Development category, the Foundation seeks to support organizations that promote gender equality and economic growth for women and girls around the world. The 2016 grants were awarded to: Grantees are invited to a PIMCO Foundation Celebration of Partnership -- in New York on November 29 and in Newport Beach on December 1 -- where they take part in an evening of networking with members of the PIMCO Foundation Board and staff, PIMCO employees, and other grant recipients. As a part of the Celebration of Partnership, two nonprofit organizations are highlighted each year as recipients of the Foundation's Leadership Circle Award. Through the Leadership Circle Award, the PIMCO Foundation seeks to honor and support organizations poised to drive social change and progress. Recipients of this award are organizations adept at growing their impact and demonstrating ingenuity, while maintaining their quality and increasing their results. The 2016 Leadership Circle Award recipients are the Boys & Girls Clubs of Central Orange Coast, located in Santa Ana, California, and Mercado Global, located in New York City. Past recipients include Accion East, Illumination Foundation, Per Scholas, and The Wooden Floor. Other 2016 Giving Outside of the Grants Program, the PIMCO Foundation supports nonprofit organizations through a range of other initiatives. In 2016, the Foundation committed over $2 million in support of nonprofit organizations through its Community Support Sponsorship, Volunteer and Disaster Assistance Programs, and also an Employee Match Program which offers employees the chance to double their donations to nonprofit organizations. Now in year six of a six-year, $3.2 million commitment, the Foundation also maintains an ongoing strategic partnership with global NGO TechnoServe. Included in this partnership is the Emerging Enterprise Program, an international volunteer assignment where PIMCO employees can spend up to nine weeks in countries such as El Salvador, Nicaragua, and Peru, working alongside TechnoServe and local entrepreneurs, helping build and scale their businesses. In 2016, the PIMCO Foundation sent three employees to Ghana as part of the Global Health Corporate Champions (GHCC) program. The GHCC brought together eight professionals from PIMCO, The Dow Chemical Company, and PricewaterhouseCoopers for a one-month service immersion program in Accra. The projects focused on addressing clean water, food and nutrition security, and health system strengthening -- all key public health issues in underserved communities. The GHCC is an activity of the USAID Global Health Fellows Program II (GHFP-II), which is executed by the Public Health Institute and implemented by PYXERA Global, and addresses immediate and emerging human capital needs in the global health sphere. About the PIMCO Foundation The PIMCO Foundation is the philanthropic arm of PIMCO, based in Newport Beach, California, which helps people around the world to reach their full potential by engaging, empowering and investing in communities. It carries out its mission by identifying areas of urgent community need and volunteering time and financial resources to support high impact programs and innovative nonprofit organizations. Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.
News Article | November 15, 2016
BATTLE CREEK, Mich., Nov. 15, 2016 /PRNewswire/ -- Diane Holdorf, Chief Sustainability Officer Tweetable Highlights: With partners like @TechnoServe @KelloggCompany meets commitment to support 15K smallholders farmers http://bit.ly/2eWr7Ya Elsie Nosenga grows maize on a small...
News Article | April 26, 2013
Learning and imparting skills by way of classes has been prevalent since a long time. However, these classes are mostly restricted to a single geography and hence the sector has largely remained unorganized. While ventures supporting formal education like Start-up school, Pictualize exist, the new entrepreneurial generation have now trained their guns to the informal education sector, to tap and improve the skill development market. Raghuveer Malik, co-founder of SkillHippo, thinks skill revolution will be the next big thing in India. SkillHippo is an online platform where interested participants can connect with like-minded individuals to learn/teach an array of skills. Raghuveer, along with his co-founders Akshay Verma and Sambuddha Bhattacharya are strongly of the view that people learn a lot outside traditional classroom and we all have the appetite to pick up new skills to enhance ourselves. SkillHippo has built a platform that allows teachers to create classes with all relevant information, such as class structure, cost, location etc. on one page. It makes it easier for skill seekers to indulge in their passion or discover an edge they have, which they could not find out in the past. They enable this by providing a straight forward search method, which can be filtered by time, cost, location and other parameters. It knits the community together by providing them with reviews and endorsements for teachers by past students, thus making it easier for skill seekers to take informed decision. The co-founders and the team come from diverse fields with experience across consulting, banking, sales and marketing. Raghuveer is a London School of Economics alumnus, who was earlier with Yes Bank before he took over as the first CEO of SkillHippo. Akshay, who studied at Oxford and Columbia University followed by a stint with UBS Bank, handles the relationship and engagement part in the firm. Sambuddha has taken 18 startups from ideation to fruition as an Entrepreneurship Advisor at TechnoServe, and has previously worked with KPMG and Amarchand Mangaldas. All the co-founders have been friends since their days at St. Stephen’s College. SkillHippo is a mix of full time employees and interns coming from elite educational institutes. SkillHippo has also engaged the best strategic advisors for the legal, education and public policy. The journey so far Launched in November 2012 and fully operational since January 2013, the startup has generated good interest in students for classes, internships and jobs across various educational institutes through its outreach program. Having already built a database of over 3,500 teachers, SkillHippo will shortlist about 1,000 best teachers and only those will go live on the website. The SkillHippo team targets expats, children, corporate employees and college students. The target age group for SkillHippo is from 18 to 32 years, and their classes range across seven categories: arts & design, music & dance, careers & training sports & wellness, education, culinary and other skills. “The website allows classes to be filtered by price range for people who have a specific budget. SkillHippo also employs a thorough feedback system, which if taken very seriously can help improve existing systems and functioning,” says Raghuveer on what differentiates their venture from other players in the market like SkillSpace and Trait. SkillHippo also allows learners to make safe online payments to teachers. With a lean cost structure and access to funding to expand, SkillHippo charges a standard service fee to the teachers in exchange of services. However, SkillHippo makes sure that there is no price difference between a class posted on SkillHippo and those taught by teacher outside SkillHippo. They have joined hands with as ITC Classic Golf Resorts, Youth Ki Awaaz and Youth Parliament, a marked presence in social media circles and has done sponsorship titles for workshops and college festivals to promote the brand. “We have a Mumbai launch due very soon. SkillHippo aims to have a pan India presence five years down the line and be a big player in the skill market,” says Raghuveer ambitiously.
News Article | October 15, 2014
About 30,000 Tanzanian farmers will benefit from a partnership that will see them receive mobile services to improve their farming practices. The programme targets coffee, cotton and cocoa smallholder farmers in Tanzania under the Olam International umbrella. The deal also brings together, Connected Farmer Alliance (CFA), the US Agency for International Development (USAID) and not-for-profit organisation, TechnoServe. Services will include text messages on how to improve farming practice, market price information for their produce and training session updates. The telecom hopes to also replace cash transactions between the farmers with mobile money, MPesa. Vodafone Group Regional CEO, Africa, Middle East and Asia Pacific Region Serpil Timuray, said: “In this case, mobile services are being used to enhance farmers’ lives and transform business performance at all points of the agricultural value chain. These partnerships have a powerful effect in helping rural communities develop new skills and grow revenues. Vodafone is committed to using its technology to help improve the livelihoods of smallholder farmers around the world.” “Working with the CFA, we can put agriculture expertise, accurate data and payments in to the hands of smallholder farmers in real time and at considerable scale, no matter how remote. This helps to improve yields and farmer livelihoods while our business benefits from smarter operations and lower costs. Ongoing evaluation from the farmers will be fed back in to the programme,” Olam Environmental & Social Manager, South and East Africa Jeremy Dufour, said. TechnoServe Vice President Global Development Simon Winter, said: “Seventy-five per cent of the world’s poor live in rural areas, with the vast majority dependent on agriculture for all or part of their incomes. Growth in the agricultural sector, therefore, has been shown to be at least twice as effective at reducing poverty as growth in other sectors. Tanzania is a model example of this. But unlike in more developed countries, its farmers do not have sophisticated technology and infrastructure to rely on. This programme will help to change that.”
News Article | July 2, 2015
CEO provides updates on coffee-related activities at 3rd Nespresso Sustainability Advisory Board Marking the one-year anniversary of The Positive Cup, Nespresso's 2020 sustainability strategy, Jean-Marc Duvoisin, CEO of Nestlé Nespresso, announced that significant progress had been made towards improving the lives of thousands of coffee farmers in countries ranging from South Sudan to Colombia, as part of the company's AAA Sustainable Quality™ Program. Mr Duvoisin commented: "Through our sustainability investments, the first steps have been taken to rebuild the coffee industry in South Sudan, and we are helping to initiate a better future for farmers in Colombia through a retirement savings plan. These are small steps given the scale of the challenges, but I am proud that we can do our part to help farmers, while securing the future supply of the highest quality coffees for our business and our Club Members." Over the past two years Nespresso has been working with its partner TechnoServe to help re-build the coffee sector in South Sudan, resulting in the country's first-ever coffee exports in 2013, and its first non-oil export to Europe. Nespresso aims to produce a new rare coffee from South Sudan, while providing alternative sources of sustainable income to local farmers. "TechnoServe is proud to partner with Nespresso to help improve the livelihoods of thousands of South Sudan's enterprising farmers," said William Warshauer, President and CEO of TechnoServe. "As a nonprofit focused on business solutions to poverty, we believe that these kinds of investments hold great promise for long-term development impact." "I have seen that there is great change within the community. We want to produce the right quality. People now have hope. We will be able to pay school fees for children and in the end develop the country," said Joseph Malish Thomas, a South Sudanese farmer taking part in the Nespresso AAA Program. Nespresso aims to source 100 per cent of its coffee from its AAA Sustainable Quality™ Program by 2020. This depends heavily on the extension of the program into Kenya and Ethiopia, to support a more skilled, self-sufficient and sustainable farming community. In the last 12 months Nespresso and TechnoServe have provided training and technical assistance to over 10'000 farmers, and will reach 50,000 farmers by 2020. In addition to the expansion of the AAA Program in Africa, Nespresso has also made progress to implement innovative welfare solutions to ensure that coffee farming remains attractive to younger generations. Nespresso launched last year a pilot retirement savings plan, together with the Colombian Ministry of Labour, Fairtrade International and local coffee cooperatives, for farmers taking part in its AAA Program in Caldas, Colombia. Already 850 AAA Fairtrade certified farmers entered the retirement savings plan, set up within the framework of the Colombian Beneficios Económicos Periódicos (BEPS) scheme. The first savings were transferred into farmers' dedicated bank accounts in May 2015. "It gives us hope to be able to retire, so that when we reach our retirement age, we can rest and enjoy our old age quietly," said AAA farmer Delio Gonzalez. "Coffee farmers work very hard their whole lives, yet they don't have the means to support themselves when they reach old age. That is why Nespresso and Fairtrade International are collaborating with the farmers in Colombia on an innovative retirement savings plan. Nespresso began sourcing Fairtrade certified coffee in 2014 from the Aguadas cooperative in Caldas, Colombia and so far over 800 farmers have decided to invest part of the Fairtrade Premium in actively planning for their retirement," said Harriet Lamb, CEO of Fairtrade International. "Our hope is that this will also help the younger generation see coffee farming as a viable career, so preserving this essential part of the Colombian economy and heritage." Nespresso has also progressed with its agroforestry plan. The reintroduction of trees in coffee producing regions helps protect natural ecosystems, thereby strengthening coffee farms' resilience to climate change and ensuring sustainable coffee production for the future. Around 130,000 trees were planted in 2014 in Guatemala and Colombia as part of pilot programs. In the first half of 2015, approximately 200,000 trees have been planted in Ethiopia and Guatemala, and another 300,000 will be planted by the end of 2015 in Mexico and Colombia. "The Rainforest Alliance has been working with Nespresso and the AAA Program since it was first created in 2003. Together we have seen great achievements that have delivered tangible improvement to lives of coffee farmers, families and communities, as well as environmental and biodiversity benefits," said Tensie Whelan, President of the Rainforest Alliance. "The progress being delivered by Nespresso, the Rainforest Alliance and Pur Projet through the agroforestry plan is building on that success, helping farmers to improve their resilience to the real and present threat that is climate change. Working together we are showing that care for the environment and for coffee farmers is a fundamental part of supplying the highest quality coffee to Nespresso's consumers around the world." The Nespresso AAA Sustainable Quality™ Program was developed with the NGO the Rainforest Alliance to secure the supply of highest quality coffees, protect the environment and improve farmer welfare. Over 63'000 farmers are now taking part in the program in 11 countries, benefiting from technical assistance, trainings, price premiums and investments in infrastructures. Nestlé Nespresso SA is the pioneer and reference for highest-quality portioned premium coffee. Headquartered in Lausanne, Switzerland, Nespresso operates in 62 countries and has more than 10,500 employees. In 2014, it operated a global retail network of over 400 exclusive boutiques. For more information, visit the Nestlé Nespresso corporate website: http://www.nestle-nespresso.com. Launched in August 2014, the Nespresso 2020 sustainability strategy, entitled The Positive Cup, is designed to further the company's strategy to mitigate its impacts and create positive outcomes for the business, society and the environment through innovative programs and partnerships. Building upon the significant steps that the company has already taken over the last twelve years to improve farmer welfare and drive environmental sustainability in coffee sourcing and consumption, it sets ambitious goals in the areas of coffee sourcing and social welfare; aluminium sourcing, use and disposal; and resilience to climate change. http://www.nestle-nespresso.com/sustainability
News Article | April 22, 2015
DENVER--(BUSINESS WIRE)--Marley Coffee (OTCQB:JAMN), the sustainably grown, ethically farmed and artisan-roasted premium coffee company, is announcing its support for the non-profit Water Wise Coffee™ program with a new documentary and crowdfunding campaign created in conjunction with strategic partner Mother Parkers Tea & Coffee, as part of their broader commitment to sustainability. Launching today, International Earth Day, consumers can view the documentary featuring Rohan Marley, son of legendary musician Bob Marley [Robert Nesta Marley O.M.] and Founder of Marley Coffee, which highlights the economic and human impact of coffee production and the importance of long term sustainability. Additionally, supporters can contribute to the crowdfunding campaign to support Water Wise Coffee in cleaning the Sidama region’s wet mills in Ethiopia, the birthplace of coffee. The wet milling process is used in some portions of the world as a way to extract the coffee bean from its fruit. This produces organic waste that can threaten to pollute local water supplies. To counteract this, Water Wise Coffee helps producers naturally filter water by using sustainable vetiver grass. Independent tests have shown that in just 24 months, there has been a dramatic improvement in water quality within rivers surrounding these wet mills. Starting in Ethiopia, the goal is to convert all 220 accessible wet mills in the Sidama coffee region by 2020. To date, more than 26 wet mills have vetiver grass wetlands that are able to provide clean water to the local community; the crowdfunding campaign will help to move towards this goal. “Coffee connects us in so many ways – to each other, to our senses and to the earth that provides for us,” said Rohan Marley, Founder and Chairman of Marley Coffee. “Coffee has so much cultural importance in Ethiopia—it’s more than a commodity, it’s a way of life, and it’s our responsibility to instill sustainable practices that benefit the community where the coffee is harvested and grown, but also the global community. This crowdfunding campaign gives us the opportunity to expand the scale of our project, providing the Sidama coffee region with clean water and a clean life source.” Rooted in the Marley family values of love, passion and social responsibility, Marley Coffee is committed to global sustainability and transparency, donating one cent of every single-serve capsule sold to Water Wise Coffee to further their mission. Marley Coffee is also the first premium coffee brand to provide consumers with a great tasting, premium coffee in an easy-to-recycle sustainable single-serve capsule: the recyclable RealCup™. All Marley Coffee single-serve capsules will transition to the recyclable RealCup™ by summer 2015, five years ahead of industry giants. Funds raised from supporters of the crowd funding campaign will help the program convert more wet mills over the coming year to safe and sustainable systems. In addition, Mother Parkers Tea & Coffee has committed to matching up to $100,000 in public donations. For more information on Water Wise Coffee and to view the documentary or contribute to the crowdfunding campaign, visit www.waterwisecoffee.com. For more information on Marley Coffee, visit www.marleycoffee.com or contact Jessica Weeg at 219-212-0321 or firstname.lastname@example.org. Marley Coffee (corporate name Jammin Java Corp.) is a U.S.-based company that provides premium, artisan roasted coffee to the grocery, retail, online, service, hospitality, office coffee service and big box store industry. Under its exclusive licensing agreement with 56 Hope Road, the company continues to develop its coffee lines under the Marley Coffee brand. The company is a fully reporting company quoted on the OTCQB under the symbol "JAMN." For additional information, follow Marley Coffee on Facebook, Twitter and visit MarleyCoffee.com or visit the Investor Relations section at Investor.MarleyCoffee.com. The program is administered by TechnoServe, a registered non-profit organization that has been recognized for nine consecutive years with four-star ratings by Charity Navigator, an independent evaluator of charitable organizations. The program is fully transparent and details of how Water Wise Coffee™ spends its investment are available. Mother Parkers is one of North America’s leading coffee and tea companies, providing best-in-class private label solutions for some of the world’s largest retailers and foodservice companies. It also manufactures its own brands, including Higgins & Burke™ tea, and Mother Parkers®, Brown Gold®, Martinson® and Marley coffees, in multiple formats. Mother Parkers is a leading innovator in the single-serve market with the patented RealCup™ brand of hot beverage capsules and the recyclable RealCup™ capsule. The Company combines state-of-the-art technology and new product innovation with more than 102 years of business excellence to consistently deliver solutions for customers.
News Article | July 17, 2015
NEW YORK--(BUSINESS WIRE)--As entrepreneurship takes center stage in Africa this month at the Global Entrepreneurship Summit, Citi Foundation and TechnoServe have announced a partnership to stimulate entrepreneurship and job growth in four sub-Saharan countries. Citi Foundation’s African Youth and Women’s Business Development programme will develop business approaches that can be taken to scale by local organisations to provide employment, enhance incomes and increase the economic participation of women and youth. Youth account for 60 percent of all Africans unemployed, according to the World Bank, with young women affected most severely. Underemployment is also a major concern, with more than 70 percent of Africa’s youth living on less than US$2 per day. The new partnership will address these problems by drawing on the Citi Foundation’s long experience supporting local economic development and TechnoServe’s expertise in promoting entrepreneurship and small businesses. The programme will seek to achieve the following: The Citi Foundation and TechnoServe will measure the effectiveness of the projects, identify the approaches with the greatest impact, and determine how to scale up the initiatives to achieve even greater economic impact. “Entrepreneurs make companies work, and companies make economies work. We are honoured to partner with TechnoServe as it promotes and develops businesses and mentorship programmes for women across West, East and South Africa,” said Amin Manekia, Citi Corporate Banking Head for sub-Saharan Africa. “Everywhere I go in Africa, I am struck by the vibrancy and resourcefulness of its entrepreneurs,” said William Warshauer, President & CEO of TechnoServe. “TechnoServe is proud to work with a forward-thinking partner like Citi Foundation to help unlock this incredible economic potential. We are also excited by the opportunity here to build proven models for transformational change.” The Citi Foundation works to promote economic progress and improve the lives of people in low-income communities around the world. We invest in efforts that increase financial inclusion, catalyze job opportunities for youth, and reimagine approaches to building economically vibrant cities. The Citi Foundation’s “More than Philanthropy” approach leverages the enormous expertise of Citi and its people to fulfill our mission and drive thought leadership and innovation. For more information, visit www.citifoundation.com TechnoServe is a nonprofit organisation that develops business solutions to poverty. We work with enterprising men and women in 30 developing countries to build competitive farms, businesses and industries. By linking people to information, capital and markets, we help them create lasting prosperity for their families and communities. With millions of people positively impacted by TechnoServe’s work since 1968, we believe in the power of private enterprise to transform lives. For nine straight years, TechnoServe has earned a 4-star rating from Charity Navigator, placing us in the top 1 percent of all its rated nonprofits.