whoyg2413

AllAfrica is a small organization with a big job to do," says Chief Strategy Officer, Tamela Hultman, noting that the other Best News nominees enjoy the backing of organizations with substantial resources. Poynter, whose news site is the smallest wholesale pearl jewelry of the five, has a modest endowment that underpins its basic operations. NBC is owned by General Electric, and MicroSoft's pockets are famously deep. The BBC's news operation is funded from the public purse and employs 2000 journalists in the UK and 42 international bureaus. Market analysts estimate Google's revenues for 2003 as high as $400 million.

AllAfrica Global Media, which is registered in Mauritius, is the successor to the non-profit Africa News Online and was founded to carry on that pearl jewelry wholesale work when the site was unexpectedly popular and grants proved insufficient to support its growth. AllAfrica has expanded rapidly over the past two years, sustained by small "angel" investments and a growing revenue stream from advertisements, information sales and web services. The company expects to become cash positive during 2004, which will enable it to continue to increase its earnings while supporting the work of the AllAfrica Foundation. To bridge the interim gap between income and costs, AllAfrica's executives hope to find additional investors who want to "do well while doing good."

"It has been a daily struggle, although the challenges have been largely invisible to others," Hultman says. "We tell investors that we are all working wholesale pearl jewelry hard to make sure they don't lose their money. We say we expect they will make money, though there are, of course, no guarantees. But what we can assure them is that their funds will be effectively and efficiently used to help bridge the digital divide and to keep Africa and its issues in front of the people around the world, including decision makers, who can make a difference to Africa's future."