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A 24-Year-Old Is Suing Pension Fund for Not Being Green Enough
The Federal Court battle is shaping up to be a unique test case. Are pension funds in breach of their fiduciary duties by failing to mitigate the financial ravages of a warmer planet?
- Categories
- Environment, Investing
- Region
- Asia Pacific
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The Pocket-Sized Las Vegas Addicting Kenya’s Youths
Mobile-savvy youths are flocking to sports gambling, and the government is cracking down on betting companies.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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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.
- Categories
- Entrepreneurship
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Viewpoint: Africa No Continent for Old Men
Increasingly, Africa’s brightest young minds are channeling their focus toward entrepreneurship as a means to create more just and equitable societies.Increasingly, Africa’s brightest young minds are channeling their focus toward entrepreneurship as a means to create more just and equitable societies. Much of this can be attributed to the perceived dysfunction of the public sector over the comparatively robust nongovernment sectors.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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The Rise (and Rise) of the Gig Economy in Kenya – And How to Take It to the Next Level
The gig economy is growing fast in East Africa, fueled by a young population and burgeoning mobile and smartphone penetration. Countries like Kenya now have gig platforms offering everything from taxi rides to cleaners and handymen, and analysts say this is only the beginning. Gituku Ngene at Google.org Youth Impact Labs explores the gig economy's growing impact, the barriers it faces – and solutions that could unlock its full potential.
- Categories
- Entrepreneurship, Technology
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Next-Generation African Leaders Announced As Winners Of The Resolution Social Venture Challenge
Winning projects address a wide range of challenges Scholars have observed first-hand in their communities, including financial literacy among rural women, access to nutritious foods in orphanages, and safe and affordable biomedical devices to reduce the impact of preventable diseases.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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How Pacific Life Lost Its Bet on Socially Minded Millennials
In surveys, people in their 20s and 30s say they’re eager to invest in line with their values, but the short life of Swell suggests that the financial services industry has been wrong about how ready they are to do so -- and how prudent it is to help them try.
- Categories
- Investing
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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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