Live Togo Tunisie

Nobel Peace Prize winner and microfinance pioneer Muhammad Yunus will speak March 13 at a National Conference on Social Business to be held at the Higher Institute of Commerce in Carthage.

Yunus won the 2006 Nobel Peace Prize and is the founder of the Grameen Bank and Yunus Social Business Foundation.

A social business is a socially conscious company that reinvests whatever profit margins it earns to expand its reach among potential customers and improve its services or product. The term, social business, was first presented by Yunus.

The conference is a joint effort by the African Development Bank (AfDB) and Yunus’ foundation to promote social business in Tunisia. It is part of a two-year program sponsored by the AfDB, called “The Holistic Social Business Movement, ” that targets Tunisia, Togo, and Uganda, according to the official AfDB website.

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