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MSMEs Are the Backbone of Developing Economies: New Research Shows How Digital Platforms Can Boost Their Impact
To keep pace with the growing youth population, 600 million new jobs must be created globally over the next 15 years. Micro, small and medium-sized enterprises (MSMEs) will be key to that effort, say Alina Kaiser at Caribou Digital and Annabel Schiff at the Mastercard Foundation’s FiDA Partnership. They explore how digital platforms can boost MSMEs in emerging markets, based on learnings from 27 micro-entrepreneurs in Kenya.
- Categories
- Entrepreneurship, Technology
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Viewpoint: As the Continent Digitizes Rapidly, Africans Need a Bill of Data Rights to Protect Them Online
It’s high time Africans viewed privacy and protection of the data that pertains to us, as critical to our security, success and progress both individually and collectively.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Taming the Wild West of Digital Health Innovation
Digital innovations in health hold significant promise – and imply serious risks. Only with a clear-eyed assessment of a new technology – including who is responsible for it and who could be left behind if it is deployed – can we ensure that the digital revolution delivers on its promise to improve global health.
- Categories
- Health Care, Technology
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India’s Recykal Announces Closing of 2 Million Us Dollars PreSeries a Funding for Its Expansion
The company’s technology solutions are deployed across 150 businesses and it is currently operational in Hyderabad, Pune and Bangalore, and channelizes more than 1000 metric tonnes of recyclables per month through its platform.
- Categories
- Environment, Technology
- Region
- South Asia
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The Front Lines of the Digital Revolution: Reasons for Hope and Caution as India Rides the Fintech Boom
India is now the world's second biggest fintech hub, trailing only the U.S. Its digital payments market is set to grow to US $500 billion by 2020, with its overall digital economy predicted to reach 30% of the country’s GDP by 2025. According to Moin Qazi, this ongoing fintech revolution offers a preview of what global banking may look like a generation from now, delivering vast benefits to both providers and customers. But it isn't free of downsides – for both traditional financial institutions losing their market share to tech-based entrants, and for customers navigating new risks.
- Categories
- Finance, Technology
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Why Data Ownership is a Bridge Across Digital Divides
Emerging markets have traditionally experienced “data poverty” – data that is inaccessible, and poorly captured, controlled and distributed. But big data sources are now serving as proxies for all kinds of information – on everything from GDP and growth to demographics and poverty. This represents a big opportunity for emerging markets to leapfrog the technical limitations faced by developed economies, writes Gavin Heaton of the company Hu-manity.co. He sees a day when lower-income citizens have the opportunity to profit from their data, rather than being subjugated by it.
- Categories
- Technology
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India’s Technology Sector Driving Economy
The shift is attributed to a sharp rise in hiring by existing and new global in-house centres (GCCs) due to technology innovation activities in India for their global markets.
- Categories
- Technology
- Region
- South Asia
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Viewpoint: The Ups and Downs of India’s Digital Transformation
In an analysis we wrote in November 2017, we argued that demonetization was only part of India’s larger, strategic digital transformation. Since then, the institutional and economic evolution in India has accelerated in many ways and some of that change has been reactive and corrective.
- Categories
- Finance, Technology
- Region
- South Asia
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