COVID-19: Impacted yet proactive youth response to the crisis through innovation
COVID-19 has disrupted normal life—in terms of health, economy, and society. The pandemic is unique in that it affects all segments of the population, including youth. Young people are more vulnerable to declining labor demand. However, instead of giving up, youth have shown their resilience and turned this crisis into business opportunities, creating brilliant initiatives.
Formal financial services, informal workers: How can financial services work for the gig economy?
The informal sector offers abundant opportunities for the youth in Kenya to generate income, though it has its challenges like poor and irregular pay and a host of other challenges. Read more on what can be done for the gig platform economy to offer better working conditions for the informal workers.
Developing formal financial services for informal gig workers webinar
Speakers from MSC and BFA Global share their key insights on their work with Lynk- a gig platform for informal workers. They also discuss how they assisted Lynk in creating insurance and microinsurance product concepts for gig workers and credit respectively at a webinar on 18th May 2020.
The rise of gig economy and how its shaping the employment space in Africa
Olivia Obiero Nganga in a studio interview with K24 TV discussing how the gig economy has the potential to decrease unemployment rates amongst youth, through providing an avenue to meaningful engagement with the formal economy.