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Rethinking Education to Re-Engage Youth: Why It’s Time to Focus on Practical Skill Building
In 2023, 20% of youth globally were not involved in employment, education or training — and there is a concerning skills gap, particularly in low- and middle-income countries (LMICs). Meanwhile, the supply of educated youth is exceeding the supply of skilled jobs in many LMICs, forcing young workers to seek lower-paying jobs unrelated to their education and skills. Jessica Crist at SDG Academy explores these challenges, and explains why they're driving the need for a new approach to higher education, focused on practical skill-building and non-traditional formats like online courses, short-term programs and professional training.
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- Education, Technology
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The Transformative Impact of Remote Work: How Online Jobs are Empowering Workers in Emerging Markets
The COVID-19 pandemic caused the largest shakeup in workforce culture since the emergence of the internet, with companies and workers embracing remote and hybrid approaches. According to Namya Sethi at Girl Power Talk, this shift continues to affect many professions years later, and these changes are having an especially pronounced effect in emerging economies. She explores how remote work is connecting global employers to local talent in emerging markets, and discusses the impacts this is having on workers, companies and business ecosystems.
- Categories
- Education, Technology
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Don’t Underestimate Gen Z: How Youth-Led Solutions are Shaping the Future of Social Entrepreneurship
Generation Z is often labeled as distracted, anxious, lonely or under-skilled. But as George Tsiatis at the Resolution Project and Enactus Global argues, these stereotypes are unfair, and members of Gen Z often possess a unique perspective and determination that enable them to tackle complex social challenges with unprecedented ingenuity and purpose. He shares four areas where young social entrepreneurs are driving innovation and achieving measurable impact, highlighting several youth-led enterprises that are demonstrating the next generation’s approach to leveraging business for social change.
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- Agriculture, Energy, Environment, Social Enterprise, Technology
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The Emergence of Tokenisation in Microfinance: How this Blockchain-Based Technology is Driving Faster Access to Capital for Entrepreneurs In Emerging Markets
Tokenisation — the process of leveraging blockchain to create digital tokens that represent real-world assets — is gaining significant momentum, with some estimating that it could become a $3.8 trillion market by 2030. According to Michele Mattioda at Mikro Kapital, the microfinance industry — and the small and medium enterprises it supports — have a lot to gain from the tokenisation wave. He explores how tokenisation is gradually making inroads into the sector, and discusses Mikro Kapital's experience launching the market’s first tokenised bonds to raise proceeds for microfinance institutions.
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- Finance, Investing, Technology
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Innovating in Impact Measurement: A Tech-Driven Platform Aims to Simplify Data Collection and Reporting
Studies indicate that around 65% of social enterprises engage in some form of social impact measurement. However, as Hana Stelzerova at Impactso points out, the depth and rigor of these measurements can vary significantly, and many organizations and initiatives struggle to implement more thorough and standardized evaluation methods. She discusses the challenges of measuring impact, and explores how innovative technologies can be leveraged to revolutionize the process for organizations across the sector.
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- Social Enterprise, Technology
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Revitalizing Off-Grid Solar: Why Africa’s PAYGo Sector is Ready for a New Dawn
Africa's off-grid solar sector, particularly pay-as-you-go (PAYGo) solar, has passed through a period of disillusionment among investors, as profitability has remained elusive. But as Chris Emmott at Acumen, Audrey Desiderato at Mirova and Bankole Cardoso at Delta40 Venture Studio argue, the sector nevertheless stands on the cusp of becoming a mature industry with real and sustainable impact. They explain why they remain optimistic about the future of PAYGo solar as impact investors, and why it's time for honest conversations and compromise from all stakeholders — including companies and their investors — about how the industry can move into the next stage of its development.
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- Energy, Environment, Finance, Investing, Technology
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Navigating the Crisis in Global Development: Job Boards, Career and Entrepreneurship Guidance and Other Resources
Drastic cuts at USAID and other key funders have sparked turmoil in the global development and social impact sectors. But they have also generated a large and growing response from individuals and organizations, who are working hard to ramp up their own funding and other programs, help newly unemployed workers find new jobs and careers, and provide other forms of support to those affected by the crisis. NextBillion has created this page to aggregate as many of these resources and opportunities as possible. We will continue to update it regularly with new links as the response to this crisis progresses.
- Categories
- Energy, Environment, Social Enterprise, Technology
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Seeking Partnership Closer to Home: How South-South Cooperation Empowers Businesses in Developing Markets
While all businesses worldwide face challenges, businesses in the Global South must navigate additional complexities ranging from economic volatility to infrastructure constraints. As Martin Burt at Fundación Paraguaya argues, this creates a need for greater South-South cooperation — i.e., the exchange of technologies, knowledge and other resources between entities in the developing world. He explains the benefits of this practice, exploring how it can enable businesses and entrepreneurs in the Global South to work together to foster innovation and build resilient economic systems tailored to their unique circumstances.
- Categories
- Social Enterprise, Technology
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