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Upaya Social Ventures Announces Leadership Transition: Kate Cochran to Step Down as CEO; Shruti Goel and AB Chakravarthy Appointed Co-CEOs
Upaya Social Ventures, a nonprofit organization dedicated to fighting extreme poverty through dignified job creation, today announced a significant leadership transition.
- Categories
- Social Enterprise
- Region
- Global
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All AI Work is Not Created Equal: Building an Ecosystem That Supports Not Just Jobs, But Employment in East Africa
With the global artificial intelligence market expected to grow to almost $830 billion by 2030, the impact of AI on employment in emerging markets is a topic of growing interest — and concern. Wendy Gonzalez at Sama explores the advantages and disadvantages of different types of AI work, and argues that the industry must build ecosystems that can support not just low-paid, crowdsourced contract jobs, but stable, formal employment if it hopes to generate lasting economic growth in regions like East Africa.
- Categories
- Technology
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Flutterwave Lays off 3% of Its Workforce as It Doubles Down on Enterprise and Remittance
That change of focus led to the shutdown of Barter in March.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Cadana Bags $7.4 Million to Streamline Payroll for Global Hiring Platforms
The round was led by Costanoa Ventures, with participation from Better Tomorrow Ventures and 500 Startups.
- Categories
- Finance
- Region
- Global
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What Does a Changing Cobalt Market Mean for the Democratic Republic of the Congo?
The biggest cobalt producer in the world, the DRC is behind 70% of all supplies. But falling prices are making it harder for the country’s independent miners to benefit.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- employment, mining
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A Hidden Reason for Business Failure in Social Enterprise: Exploring Innovative Talent Solutions in Frontier Markets
Social enterprises need extraordinary talent and leadership to navigate the challenges of doing business in frontier markets. As Paul Breloff at Shortlist and Daniel Waldron and Coco Lim at Acumen explain, failure to find the right talent is a leading factor in company and investment failure — and top talent is in short supply, and often comes at a steep cost. They share learnings from Acumen and Shortlist's shared experience recruiting and retaining talent, exploring some innovative approaches that go beyond traditional full-time structures.
- Categories
- Social Enterprise
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The End of Secondhand Clothes
A major source of work for women in East Africa is suddenly under threat.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Kenya’s Copia Mulls Shutdown Amid Plans to Lay Off Over 1,000 Staff
The layoffs would be a drastic cost-cutting measure for the company.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- distribution, e-commerce, employment, failure, startups