NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Angolan Sovereign Wealth Fund (FSDEA) Commits Investment to BFA Asset Management’s Kimbo Fund

With a fundamental objective to support the growth of companies led by young people and women, Kimbo Fund aims to contribute to filling value chains, promote job creation, strengthen financial inclusion, and improve access to financing.

Source

AVCA (link opens in a new window)

Region

Sub-Saharan Africa

Tags

business development, employment, financial inclusion, women entrepreneurs, youth

Report: Job Creation Through Solar-Powered Farm Equipment Could Boost Employment in Rural Communities

New research from Efficiency for Access highlights the transformative impact of solar-powered farm equipment by providing the first comprehensive analysis of employment trends in India, Kenya, Nigeria, and Uganda, along with actionable recommendations for governments and industry stakeholders.

Source

Efficiency for Access (link opens in a new window)

Categories

Agriculture, Energy, Technology

Region

Sub-Saharan Africa

Tags

employment, energy access, Productive Use of Energy, renewable energy, rural development, smallholder farmers, youth

Report: Renewable Energy to Drive Green Jobs Boom Across Africa by 2030

South Africa and Kenya are projected to be leading in waste management and recycling job opportunities, driven by their advanced waste management practices.

Source

Nation (link opens in a new window)

Categories

Technology, WASH

Region

Sub-Saharan Africa

Tags

employment, energy access, recycling, skill development, solar, waste

Uber Kenya Increases Fares by 10% but Drivers Are Unimpressed

The sector union representatives who spoke to TechCabal said the raise was “insignificant.” They said the new prices still cannot cover high operational costs.

Source

Techabal (link opens in a new window)

Categories

Transportation

Region

Sub-Saharan Africa

Tags

corporations, employment, gig economy

Food Processor Gaea Foods Becomes First Beneficiary of €20 Million Pepea Fund

70% of its current 20-strong workforce are women, and the company intends to double its workforce in the coming year.

Source

The Kenyan Wall Street (link opens in a new window)

Categories

Investing

Region

Sub-Saharan Africa

Tags

employment, MSMEs, smallholder farmers, supply chains, women entrepreneurs

Analysis: Three Ways to Put Women at Heart of Plugging the Green Skills Gap

While the green transition is expected to have a net-positive impact on job creation, many businesses still haven’t implemented programmes to upskill and create opportunities for their workforces.

Source

Reuters (link opens in a new window)

Categories

Energy

Region

Global

Tags

decarbonization, employment, gender equality, public policy, skill development

ITFC Provides $10 Million in Trade Finance to Uganda Development Bank

The financing is intended to bolster industrialization efforts in Uganda and assist with job creation and poverty reduction endeavors.

Source

Zawya (link opens in a new window)

Categories

Investing

Region

Sub-Saharan Africa

Tags

development finance, employment, Internet of Things, poverty alleviation

New Research Suggests Africa’s Green Economy Could Create More Than 3 Million Direct Jobs by 2030

“Forecasting Green Jobs in Africa” underscores the critical importance of a skilled workforce as an input accelerating African green industries.

Source

FSD Africa (link opens in a new window)

Categories

Agriculture, Energy

Region

Sub-Saharan Africa

Tags

e-mobility, employment, manufacturing, renewable energy, research