This interesting TED-talk by Diana Enriquez provides a nice introduction to what my PhD is about, the Informal Economy. In India, about 84% get their employment from the informal economy, that is a little bit more than 4 out of 5 jobs. The informal economy exists even in Europe, the US and other developing countries. The informal economy is everywhere, but a lot more in developing economies. Informal businesses are businesses which operate out of sight of government regulations, either completely or to some degree. My PhD looks at how finance and specific skills like financial literacy can enhance the micro businesses of the informal economy. Currently I am working on finishing the 3-4 papers which will be used in my PhD dissertation, with the intention to submit later this year. Cheers, Pontus
“Mti” is Swahili for tree – symbolizing MTI’s focus on growing companies, with the potential to bear fruit from our long-term efforts of investing, coaching, mentoring and monitoring our portfolio companies.
MTI Investment is a Tanzanian/Nordic investment company founded by Professor Trond Randøy, PhD candidate/MSc. Pontus Engström, Dr Neema Mori and Dr Gibson Munisi. Since 2012 the team has been seeking investment opportunities in Tanzania, and built the relational infrastructure with key stakeholders such as universities, legal advisers and local firms. In early 2014 the company was formally incorporated and the first initial investments were performed.
What makes MTI Investment unique is our university-based approach to investing. We seek businesses that are run by highly competent university-educated managers and owners, and we capitalize on our university-based networks to help these businesses further excel. By being university-based we are able to be at the forefront of knowledge creation and entrepreneurship in East Africa.