Nelson Mandela Foundation

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Nelson Mandela (right) meets Professor Muhammad Yunus (left) while Mandela’s wife Graça Machel looks on

July 10, 2009 – Nelson Mandela and Grameen Bank founder Professor Muhammad Yunus met today in Johannesburg as part of a week of dialogue activities ahead of the Seventh Nelson Mandela Annual Lecture.

In their meeting, Prof Yunus explained the Grameen Bank model to Mr Mandela, especially the concept of creating social businesses to alleviate poverty.

Earlier in the week Prof Yunus engaged with entrepreneurs, young people, business people and microfinance institutions. Tomorrow Prof Yunus will deliver the Seventh Nelson Mandela Annual Lecture, on the theme of investing in society’s marginalised people.

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Nelson Mandela smiles at a remark made by Prof Yunus

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Prof Yunus and Nelson Mandela shake hands