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How Employers in Poor Countries Are Using Nudges to Help Employees Save Money
The idea is simple: people save more in retirement accounts when they are automatically enrolled by their employer than when they have to sign up themselves.
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How a Foundation is Looking to Help Millions of Young People Find Work in Africa
By 2035, there will be more young people entering Africa's workforce each year than in the rest of the world combined. Can that high-stakes challenge be solved with better training and education, savvy use of technology, and wider financial inclusion?
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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This Social Enterprise Empowers Mothers Of Special Needs Children
The social enterprise arm of the business creates meaningful jobs for women with special needs children through a product line that includes shoes, a collaborative coffee business with Whole Foods Market, and a bottled water business.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Press release: Mastercard Foundation announces ambitious commitment to address youth unemployment in Africa
Africa has one of the highest unemployment rates in the world, particularly for young people. By 2030, there will be more than 375 million people under the age of 35 in the labour market. Population growth on the continent means that by 2035, there will be more young people entering Africa's workforce each year than the rest of the globe combined. In 2050, one quarter of the world's working age population will be African, making it the largest workforce in the world.
- Source
- Press release
- Region
- Sub-Saharan Africa
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Finding Hidden Talent in a Kolkata Suburb: An Innovative Solution for Youth Employment in India
With more young people entering India's workforce than ever before, creating the next generation of jobs is one of the country's biggest challenges. That's why iMerit’s delivery center in Kolkata – along with four other centers like it in east Indian cities – is employing hundreds of young men and women from low-income families to provide on-demand digital data services to leading global internet companies. Santhosh Ramdoss at the Michael & Susan Dell Foundation, an investor in iMerit, profiles the company and shares an interview with its founder.
- Categories
- Investing, Technology
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Global Income Inequality May Fall as Emerging Markets Skill Up
The world will see the number of skilled workers -- those with nine or more years of education -- rise 30 percent to 2.16 billion by 2040, up from 1.66 billion in 2011, according to a new World Bank report. Thanks to their growing populations and investments in education, developing countries are expected to contribute all of those additional educated workers.
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Study: Access to mobile phones won’t magically fix youth unemployment in Africa
In reality the extent to which the mobile phone can support and sustain real improvement in young lives is depressingly finite unless significant interventions occur – particularly in the education and technology sectors.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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From All-Inclusive to Socially Inclusive: Travel and Tourism’s Big Shift is Under Way
Tourism is one of the world's largest industries – but how can it best be leveraged to move nations from poverty to prosperity? That was a key question at the recent "Global Conference on Jobs & Inclusive Growth: Partnerships for Sustainable Tourism," organized in Jamaica by the UN's World Tourism Organization. NextBillion was a media partner at the conference, and we share some major themes (and a few controversial remarks) ranging from the impact of the sharing economy and Airbnb, to the problems with building "five-star hotels in three-star communities."
- Categories
- NextBillion Originals, Technology
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