greatest impact, as much of our funding as possible should be used for the communities in which we work. Therefore, donations to The SEM Fund go towards expanding our reach throughout Senegal and providing loans which once repaid will be loaned out again, thus creating a revolving loan fund. As part of our commitment to complete transparency, The SEM Fund has had its operational information and financial reports reviewed and published by the MIX Market, a third-party microfinance …

Eswar Prasad, a senior fellow at the Brookings Institution and a former China division director at the International Monetary Fund, talks with Bloomberg’s Margaret Brennan about China’s pledge of billion in cheap loans to Africa. Chinese officials have been battling accusations that they are only interested in the continents oil and minerals as their country presses forward with a decade-long drive to invest in African resources to feed its growing economy.