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While technology may not directly increase wages, it can help workers be more competitive and access new work opportunities.
Technology Is About to Disrupt the Blue-Collar Workforce in Emerging Markets
Blog Post
The global labor market has been transformed by the COVID-19 pandemic’s normalization of remote work and the resulting “great resignation,” in which high-skilled employees in developed markets have left stagnant positions in favor of more flexible, engaging jobs. As Orinola Gbadebo-Smith at Hugo Technologies explains, this has resulted in a talent shortage in sectors like business services and information technology, leading corporations to outsource increasingly more complex tasks to developing countries where workers have acquired the skills to perform them. He explores why young workers in Africa are particularly well-placed to capitalize on this shift.
The New Face of Emerging Market Outsourcing: Why African Talent is Primed to Reshape Global Business ProcessesNews
The general objective is to build an environmentally friendly system that will sustain and increase agricultural productivity and create resilience in West Africa.
Press Release: ECOWAS Signs 15 Grant Agreements Worth €1.3 Million to Promote Training and Capacity Building on Agroecology in Members StatesNews
The Asian Development Bank (ADB) joined the Global Energy Alliance for People and Planet (GEAPP) to announce $35 million to help boost energy access and the energy transition in South and Southeast Asia.
Asian Development Bank Joins GEAPP To Provide $35 Million For Energy Access And Transition In South And Southeast AsiaBlog Post
Nigeria has one of the lowest insurance penetration rates in the world, at just 0.5%. But as Brian Yu at Shecluded explains, this low uptake means the industry is poised for disruption and growth. He explores how insurtech innovators are addressing the key problems plaguing the sector — namely, a lack of accessibility, affordability and customer trust — and calls for funders to look past their traditional focus on mobile money and invest in the insurtech businesses that are transforming the way the industry serves low-income customers.
Forget about Mobile Money, Invest in Insurtech Instead: The Untapped Triple Bottom Line Opportunity in NigeriaNews
The fund will focus on investing in Web3-friendly venture capital and outstanding Web3 projects, with the goal of supporting the development of the next generation of crypto projects.
Press Release: Bitget Launches $100 Million Web3 Fund to Support Next-Generation Crypto Projects in AsiaCalendar Event
Africa Venture Capital Summit 2023Calendar Event
GTR West Africa 2023: A New Dawn: Plotting a Course for West African Trade
