Yunus presides over AGFUND Advisory Council meeting in Geneva

Press Release (23 April, 2017)

Fourteen new Banks for the Poor to be established in Fourteen West and Central African countries

Nobel Laureate Professor Muhammad Yunus  with Her Majesty Queen Sofia of Spain at AGFUND's Third Advisory Council Meeting on April 19, 2017

AGFUND's Third Advisory Council Meeting took place on April 19 at the United Nations Office in Geneva. It was presided over by Nobel Laureate Professor Muhammad Yunus and attended by international experts in micro-finance, CEOs of AGFUND Banks for the Poor, businessmen and others. The council is meant to advice on strategic planning on development issues. This year, the third annual meeting was held to discuss achievements and future plans.  HM Queen Sofia of Spain attended the meeting as a Special Guest along with Dr. Ahmed Muhammad Ali, the recently retired President of the Islamic Development Bank, together with other board members of AGFUND Prize committee.

A decision was taken to extend the programme to establish 14 banks for the poor in 14 countries of West Africa and Central Africa in the next five years, in 8 countries of West Africa and in six countries of Central Africa, with funding from AGFUND. It has already established 9 Banks for the poor in nine Arab countries in MENA region. These banks were established by AGFUND at the encouragement and support from Professor Yunus. They have maintained near 99 percent repayment record and majority of borrowers of these banks are women. These banks strictly follow the Grameen methodology and they operate as social business.

By 2021 AGFUND is committed to disbursing one billion US dollars in loans through the existing and upcoming banks. AGFUND's involvement in Microfinance was initiated by HRH Prince Talal bin Abdul Aziz Al Saud, at the inspiration of Professor Muhammad Yunus. Advisory Council declared to increase the amount of award money from half million US dollars to one million US dollars from next year.

AGFUND celebrated the 18th annual award ceremony of its International Prize for Pioneering Human Development Projects. HM Queen Sofia of Spain and Nobel Laureate Professor Muhammad Yunus co-chaired the AGFUND Prize committee meeting. This event takes place every year in the framework of AGFUND’s continuing focus on human development and humanitarian issues, in a world increasingly beset by new and recurrent human crisis, every year since 1999. On the sidelines of this meeting Professor Muhammad Yunus had a separate meeting with Dr Bandar Hajjar the new President of the Islamic Development Bank.

The AGFUND Prize awards are given to those who have designed and conducted noteworthy human development initiatives with the most marginal on a specific theme of global or topical interest. It was also decided that the theme of each year’s prizes would be based on the United Nations SDG goals.  Three winning projects were announced for 2016 AGFUND Prizes of half a million dollars. AGFUND also announced the winners for 2016 who will be awarded next year. It was also announced that social business projects will be added as a category for contesting in the Prize contest.

Nobel Laureate Professor Muhammad Yunus had a meeting with Dr Bandar Hajjar, the new President of the Islamic Development Bank at AGFUND's Third Advisory Council Meeting on April 19, 2017. Photo: Yunus Centre

Yunus Centre arranges Khazanah Scholarship for six Bangladeshi students

Press Release (19 April, 2017)

Bangladeshi recipients of Khazanah Scholarship with Nobel Laureate Professor Muhammad Yunus at Yunus Centre on April 17, 2017.

Six Bangladeshi students received scholarships for pursuing graduate and postgraduate programs at foreign universities under the Khazanah Scholarship Program facilitated by Yunus Centre this year. Among the awardees 5 have been chosen for scholarships in  Malaysian Universities and 1 has been chosen for a global scholarship in Cambridge University and  University of California at Berkeley.

531st Social Business Design Lab Held

Press Release (27 March, 2017)

Social Business Course Launched at Daffodil University

Investments into six social businesses including six New Entrepreneur (NU) projects were announced on Monday at the 531st Social Business Design Lab. Entrepreneurs are seen with Nobel Laureate Professor Muhammad Yunus at the lab.Photo: Nurjahan Chakladar/Yunus Centre

The 531st Social Business Design Lab organized by Yunus Centre took place on 27th March 2017 at the Grameen Bank Auditorium with nearly 150 national and international participants from India, Nepal, Malaysia and France. The Design Lab was chaired by Nobel Laureate Professor Muhammad Yunus.

Yunus Urges to Build a World of Hope

Press Release (April 02, 2017)

Paris wants to be the global capital of social business

Picture shows the resolve of Paris to build a new creative society, holding up Eiffel Tower as the symbol of hope. This symbol has been adopted as the logo of Paris' Olympics 2024 bid. Olympic 2024 has already adopted Professor Yunus' three zeros as the Olympic theme.

Nobel Laureate Professor Muhammad Yunus was invited by Mayor Ann Hidalgo to Paris as chief guest at the Impact 2 conference at the Paris Town Hall on March 30, also to present this year's Impact 2 Woman Entrepreneur Award at the event.

In her opening speech at the conference Mayor Hidalgo thanked Professor Yunus for his life's work and example, and explained how they wished to build Paris as a global social business capital inspired by his work. She also explained to the gathered audience of nearly 1,000 how social business idea had been placed at the centre of Paris' bid for the Summer Olympics of 2024.

Early Bird Registration for 7th Social Business Day

We are happy to inform you that our registration for the 7th Social Business Day, Dhaka is open now. Early Bird discount offer is available for those who apply now. Take this opportunity and register for this unique experience before our early bird offer expires on 30 April 2017.

The Social Business Day will be held on 28-29 July 2017 at Social Business Convention Centre at Zirabo, Savar, Dhaka. The event will be hosted as before by Nobel Laureate Professor Muhammad Yunus. This year our theme will be “Can Wealth Concentration Be Stopped?”. As before we will discuss the concept and practice of social business through a series of plenary and interactive panel sessions and workshops. With the participation of global leaders, entrepreneurs and academics, this event is an amazing platform to network and learn from influential social business leaders from all continents. To learn more about the conference and to register click here.

For any further questions, please do not hesitate to contact us at via this email socialbusinessday[at] or call: +88 02 903 57 55, Cell : 017715-89003. tellyseries