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Navigating the Informal Economy Is Vital for Africa’s Rural Youth: How Do We Help Them Do That?
Growing the formal employment sector is vital to the long-term health of African economies, but it’s not generating jobs fast enough for young people just entering the workforce. A partnership between the Mastercard Foundation and TechnoServe has provided training and mentorship to nearly 69,000 young people across rural Kenya, Rwanda, Tanzania and Uganda by helping them navigate existing opportunities in the informal sector. Chris Donohue at TechnoServe shares how helping young people build multiple sources of income is creating meaningful change in their lives.
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- Uncategorized
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Doing good found to take its toll as more social entrepreneurs report burnout
Passionate and dedicated to the cause, businesses leaders on a mission to help society and the environment are increasingly coming up against an unexpected hurdle - burnout. Globally social entrepreneurship is on the rise, with more businesses being set up with the aim of making a profit that can be used to address problems like unemployment, homelessness, mental health, knife crime and even loneliness.
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- Uncategorized
- Tags
- employment
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AI for All: How India Can Become an Artificial Intelligence Superpower
From asking questions to Siri, to watching a movie served up by Netflix’s algorithms, it's now common to interact with products powered by artificial intelligence. As Brinda Sapra at Vera Solutions explains, AI is predicted to contribute $15.7 trillion to the global economy – and $957 billion to India’s economy – in the near future. She explores why – and how – India should harness the disruptive potential of AI, rather than fearing its impact on employment.
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- Technology
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Viewpoint: Impact Investors Can Alleviate India’s Unemployment Crisis
India’s labour market is languishing, and a practical solution to the problem could come from impact investors.
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- Investing
- Region
- South Asia
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A Three-Pronged Strategy to Upskill India’s Workforce
Against this backdrop, India is driving unique initiatives to convert its demographic potential into a dividend that will fuel growth.
- Region
- South Asia
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An African Solution to the Digital Skills Gap: Preparing for the Future of Work in Emerging Markets
With the rise of artificial intelligence, machine learning and cloud computing, the nature of work is transforming. But while many focus on the possible downsides of these changes, like AI-fueled job loss, Becky Santora at Digital Divide Data points out some upsides as well. She explores the new technical and analytical skills necessary in the work of the future – and how emerging markets workers can prepare themselves.
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- Technology
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Viewpoint: Africa Should Not Be Too Quick to Embrace the Fourth Industrial Revolution
As a new age of technology dawns, cyber attacks in South Africa and beyond underline the need for caution.
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- Technology
- Region
- Sub-Saharan Africa
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- employment
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Unleashing the Social Intrapreneur: Why Organizations Should Look Inward to Boost Global Development and Economic Sustainability
The term “intrapreneurship” has been around for decades, but the concept itself – which refers to practicing entrepreneurship within a larger enterprise or organization – is more important than ever. Authors at IDEX Global Fellowship explore why this entrepreneurial mindset is needed within both traditional and social businesses, and how impact-focused intrapreneurship is not only changing employee management and retention, but also benefiting the broader world.
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- Social Enterprise