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MSMEs Are the Backbone of Developing Economies: New Research Shows How Digital Platforms Can Boost Their Impact
To keep pace with the growing youth population, 600 million new jobs must be created globally over the next 15 years. Micro, small and medium-sized enterprises (MSMEs) will be key to that effort, say Alina Kaiser at Caribou Digital and Annabel Schiff at the Mastercard Foundation’s FiDA Partnership. They explore how digital platforms can boost MSMEs in emerging markets, based on learnings from 27 micro-entrepreneurs in Kenya.
- Categories
- Entrepreneurship, Technology
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Press Release: Untapped Market for Digital Services to Transform African Agriculture Worth up to €2.3 Billion, New Report Finds
“Digitalisation can be a game-changer in modernising and transforming Africa’s agriculture, attracting young people to farming and allowing farmers to optimise production while also making them more resilient to climate change,” said Michael Hailu, Director of CTA.
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- Press Release
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Millennials ‘Make Farming Sexy’ in Africa, Where Tilling the Soil Once Meant Shame
In some parts of the world, farmers are viewed with respect and cultivating the land is seen as an honorable trade. But in a region where most agriculture is still for subsistence — relying on cutlass, hoe and a hope for rain — farming is a synonym for poverty.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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A Kenyan-based Social Enterprise, Yusudi, Raises $250K in Grant Capital
The program seeks out learners with innovative ideas between the ages of 18 and 30 years old, offering the opportunity to join online training on career-start or entrepreneurship depending on their interests.
- Categories
- Education, Entrepreneurship
- Region
- Sub-Saharan Africa
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Artificial Intelligence for Social Change
AI can consistently provide trusted, personalised healthcare information to large populations, and when responsibly designed, can help people access the resources they may need.
- Categories
- Health Care, Technology
- Region
- South Asia
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A Closer Look at The World’s Largest Unaddressed Disability: Leveraging Inclusive Business to Eradicate Poor Vision
Uncorrected poor vision affects some 2.5 billion people, costing the global economy $227 billion a year in lost productivity. Yet though 90% of these people live in developing countries, the problem ranks low on the global development agenda – even though it can often be fixed by a simple pair of glasses. Jayanth Bhuvaraghan at Essilor explores the issue, and discusses an innovative solution: the Eye Mitra program, which trains youth in emerging countries to become micro-entrepreneurs, providing primary vision care and selling low-cost eyeglasses in their communities.
- Categories
- Entrepreneurship, Health Care
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When college is out of reach, this academy trains Ugandans to be entrepreneurs
Uganda has one of the world’s youngest, and highest growing populations; a whopping 68 percent of Ugandans are under the age of 24. Few of those young people have formal jobs. Less than 3 percent of the Ugandans aged 15 to 24 are officially employed, according to World Bank figures. About 90 percent work informal jobs, where they do not pay taxes but also receive no benefits and few worker protections.
- Categories
- Education, Entrepreneurship
- Region
- Sub-Saharan Africa
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Press release: Hello Tractor and CTA launch partnership to support smallholder farmers access mechanisation
Across sub-Saharan Africa, farmers face some of the lowest rates of mechanisation. Despite the benefits of tractor mechanisation, cost and access have been key impediments to its widespread adoption.
- Source
- Press release
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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