Young africa cool ways to make money works – mastercard foundation

Employment, particularly formal employment, leads to poverty reduction. We have tracked a range of indicators measuring how the cool ways to make money lives of the poor are improving through our work in cool ways to make money africa. Employment has emerged as a key predictor of people’s path and progression out of poverty. In particular, when young people can secure formal work and a steady cool ways to make money wage, their lives improve. Similarly, the world bank also finds that employment and self-employment are how most people, particularly in africa, find a way out of poverty.

Young people in africa struggle to find formal work. In africa, most people must make a living through a variety of cool ways to make money subsistence activities. According to the international labour organization, almost 80 percent of people in africa work informally. Recent research undertaken by our foundation in two countries in cool ways to make money africa found that among young people, very few had access to formal employment and most struggled cool ways to make money to make a decent salary to live. All lived well below $10 per day. Those who could access steady employment were much better off cool ways to make money than those who couldn’t.

Financial inclusion creates jobs. Employment opportunities have increased through our work in financial inclusion. When small firms and entrepreneurs access financial services, they have the resources to grow, expand, and create job opportunities for others in the community. The benefits go beyond the entrepreneur and small business owner cool ways to make money accessing the finance. There is a ripple effect that creates employment for others, providing them with a pathway out of poverty.

“ I applied for the youth think tank (YTT) because it was an opportunity to work on youth-related issues and gain more experience conducting research. Overall, my top priority was to learn new things, but I also wanted to produce quality results within the cool ways to make money given time frame, meet young people from other african countries, and exchange knowledge.

As a researcher, I learned the importance of meaningfully involving youth in matters cool ways to make money that affect them. It’s clear that young people can offer better insights on cool ways to make money matters that affect them personally, and that the key to solving the challenges facing youth cool ways to make money is to work hand-in-hand with them. Furthermore, young people are more likely to get reliable data from cool ways to make money fellow youth, as young respondents are more open to expressing themselves to cool ways to make money their peers. The youth-to-youth research model, where young people conduct research on youth-related matters, proved this to be true. When we met with young people during the data collection cool ways to make money process, it was easy to interact with them.”

This generation is healthier and better educated than their parents. Through technology, they have easier access to information, consumer goods and services. The world they live in is more democratic. While the circumstances of their lives are measurably better than cool ways to make money they were for past generations, a significant gap between the number of young people seeking cool ways to make money work and the limited employment opportunities available to them means cool ways to make money that they will face challenges finding formal employment, and a pathway out of poverty. Moreover, for some time, we’ve observed a mismatch between the skills of young people cool ways to make money entering the workforce and the needs of employers.

To align with the definition used by most african countries, we refer to “youth” as those between the ages of 12 and 35 years. Young people are not a homogenous group. Their needs vary by age, gender, geography, level of formal education, level of family income, and stage of life. Some segments of youth, such as girls and young women, rural youth, refugees, and those who are financially disadvantaged, face unique challenges.

With our new strategy, we will deepen our engagement in a smaller number of cool ways to make money countries and pursue a greater understanding of their economic priorities cool ways to make money and opportunities. We will begin by listening. Based on what we learn, we will determine a long-term plan that aligns with their national aspirations and economic cool ways to make money strategies. Working with governments and the private sector, our plan will identify priority sectors of the economy that cool ways to make money will drive growth and increase employment opportunities.

Education and financial inclusion will be the backbone for change. We will work with others in-country to improve the quality of education and vocational training cool ways to make money so that it equips young people with the skills employers cool ways to make money need. Our activities will connect employers and job-seekers, and enable entrepreneurs and small businesses to expand through access cool ways to make money to financial services.

We expect to work in a diverse group of countries cool ways to make money with high levels of young people living in poverty who cool ways to make money are vulnerably employed. These countries will have an enabling environment for growth, job creation, education and skills development, and an ability to influence within regions. We will also prioritize working with african organizations.

The digital technology sector, especially, will continue to be a source of new employment opportunities. Education systems must equip students with advanced ICT skills that cool ways to make money will enable young africans to not only leverage new technology cool ways to make money but create the technology of the future. Additionally, technology is driving the modernization of the agricultural sector. Until at least 2050, more than half of youth in africa will live in cool ways to make money rural areas where agriculture plays a central role in economies.