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How Young People are Driving Africa’s Digital Future: A Recent Report Highlights the Impacts of Technology — And the Need for Greater Support
With over 400 million people between the ages of 15 and 35, Africa has the world’s youngest population — and by 2050, this youth population is projected to increase by 73%. As Grace Natabaalo and Chelsea Horváth at Caribou Digital explain, young Africans are leveraging digital platforms to find work, education and more — but they face numerous challenges in accessing and using technology. They share highlights from a new report based on discussions with 20 young people from seven countries across Africa, which show the impact of digital technology — and how this impact could be amplified.
- Categories
- Education, Technology
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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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Press Release: Digital Future for Africa: African Development Bank and Intel to Train Millions in Artificial Intelligence (AI)
The training will address socio-economic challenges and boost productivity in key growth sectors such as agriculture, health, and education, thereby disrupting traditional growth cycles.
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- Technology
- Region
- Sub-Saharan Africa
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Building Businesses, Rebuilding Lives: A Holistic Approach to Supporting Refugee Entrepreneurship
For refugees, running a business is often a big part of their efforts to rebuild their lives. Jacinta Mutie, Paul Karanja and Patrick Guyer at RefugePoint share learnings from RefugePoint‘s comprehensive refugee entrepreneurship support initiative, exploring how the program provides refugees with the stability, business skills and funding they need to move themselves and their households along their path towards self-reliance.
- Categories
- Education
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Analysis: AI in Africa Opens up New Battlefront for China, US
The US and China are in a new race to shape the development, use and governance of artificial intelligence in Africa, even as African countries scramble to devise their own AI policies.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Accelerating Africa’s E-Commerce Revolution: A SaaS Solution Leverages Payment and Logistics Innovation to Unleash the Continent’s Entrepreneurial Potential
Africa’s e-commerce landscape is in the midst of an ongoing revolution, as the growth in internet access has enabled businesses across the continent to sell their products locally, regionally and globally. Moulaye Taboure at ANKA explains how his company is leveraging “Software as a Service” (SaaS) innovation to connect these businesses with consumers, while providing payments and logistics services geared toward their unique needs. He shares highlights from a recent ANKA whitepaper that outlines key trends and developments in African e-commerce.
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- Finance, Technology
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Breaking Barriers, Building Futures: How Supporting Women-Led MSMEs Can Boost Empowerment and Drive Job Growth in India
Small businesses — especially women-led micro, small and medium enterprises (MSMEs) — are emerging as pivotal drivers of economic growth in India. According to Umesh Singh at Tara Candles, these MSMEs can play a key role in boosting employment — but to do so, they’ll require more support. He explores how women-led MSMEs are creating jobs and promoting inclusive growth, and discusses how the government and other stakeholders can help women entrepreneurs overcome the challenges they face in starting and running a business.
- Categories
- Education
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Press Release: Vice President Harris Announces Public-Private Partnership Has Generated More Than $5.2 Billion in Private Sector Commitments for Northern Central America
More than $1 billion in new commitments announced today will create economic opportunity and help address the root causes of migration in Guatemala, El Salvador, and Honduras.
- Categories
- Investing, Social Enterprise
- Region
- Latin America
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