Earlier this year we took a group of philanthropists and partners to visit some of the social businesses in our portfolio in Uganda including Godson Commodities, Impact Water&Tugende. We also visited Kenya to see some of our pipeline companies. It was a fantastic opportunity to meet not only with the social entrepreneurs, but with the people whose lives have been changed with the products, services and higher incomes that the social businesses provide.

People often talk about the food and water shortages in developing countries. But for some reason, worldwide access to medical care is an issue that’s not spoken about enough. No one should risk death because of a distribution problem in the medical industry but unfortunately this is the case.

YSB has joined forces with MAN Truck & Bus, a Munich-based manufacturer, to launch the ‘MAN Impact Accelerator’ and provide support to where it is needed the most.

Corona has already delivered a punishing blow in Germany. In developing countries, it’s hitting like a Tsunami. The economy has been brought to its knees. Half a billion people could slip deeper into poverty. Social businesses are part of the solution.