In Malawi, problems as symptoms

When I started out in development I had no idea what I’d be able to do to help solve some of the huge, complex problems out there. But that lack of certainty – and an absence of obvious answers – turned out to be a far better starting point than I ever imagined. 

Statement from CARE on Bruckner FOIA Request

AidWatch received the following statement from CARE regarding Till Bruckner’s AidWatch post on USAID and NGO transparency:
Statement from CARE (Aug. 30, 2010):

The accidental NGO and USAID transparency test

The following post was written by Till Bruckner, PhD candidate at the University of Bristol and former Transparency International Georgia aid monitoring coordinator.  An op-ed from Bill in Monday’s Wall Street Journal mentioned Till’s struggles with USAID; here Till provides the details.
The aid industry routinely pushes institutions in developing countries to become more transparent and accountable. But a slow and almost comically incomplete donor response to a request to see some specific project budgets sheds light on exactly how willing donors are to apply such “best practices” to themselves.

Sequoia may pick up 9.4% stake in CARE…

NEW DELHI: Private equity firm Sequoia Capital is looking to pick up 9.4% stake in rating agency Credit Analysis and Research Ltd (CARE) for Rs 73.5 crore, people close to the development said. CARE, a non-banking financial institution (NBFC) and rating firm, is controlled by IDBI Bank, SBI and Canara Bank. Currently, it has no foreign shareholding. [...]

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