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nouhaila_zaki

The future of Africa's Agriculture rests with the youth | E-Agriculture - 2 views

www.fao.org/...80%99s-agriculture-rests-youth

Demographic Technological African Youth Digital Literacy Agriculture Unemployment

shared by nouhaila_zaki on 16 Feb 21 - No Cached
  • The youth in the study said that their biggest obstacle to a career in farming was learning the digital and technical skills needed in todays’ market. Technologies such as cloud computing, soil sensors, drones have changed food production and processing – digital literacy is now a must!
    • nouhaila_zaki
      nouhaila_zaki on 16 Feb 21
       
      This excerpt is important because it emphasizes on how digital literacy could contribute to the creation of jobs in Africa, which are most needed.
  • he second important reasons they raised was land ownership, most youths who receive farming land get smaller pieces of land parceled out. The challenge is that young farmers must produce more yields from smaller spaces, without innovative technologies In some countries for example in Kenya, some youth are innovatively establishing youth-driven innovations which sadly do not receive political or financial support that allows for viability and scalability.
  • Africa is in the height of a crisis and an opportunity. Africa’s population stands at 1,2 billion people and over 60% are below the age of 25. Yet most African youths are not employed, and according to the World Bank by 2035, 350 million new jobs will be needed. Africa’s population is growing faster than jobs are created. There is a potential for agriculture to create employment, however, African youths in Sub-Saharan Africa do not realize agriculture as a profitable opportunity for livelihood. There is a growing notion that the best way to entice young people back to the farms is through making youths access information and communication technologies tailored for agriculture.
nourserghini

Bismart Insurance - VC4A - 0 views

vc4a.com/...bismart-insurance

Bismart Kenya Insurtech customers

shared by nourserghini on 12 Feb 21 - No Cached
  • Bismart is a Kenya-based company developing Africa’s first blockchain-powered InsureTech platform to address the primary pain points for African Insurance consumers, namely trust and affordability. The platform will include innovating savings and financial planning tools to help consumers save for and manage premium payments as well as leverage blockchain technology to increase transparency and efficiency. 
    • tahaemsd
      tahaemsd on 12 Feb 21
       
      Bismart is capturing the upward mobile youth by adressing some points like trust and affordability.
  • Bismart Insurance – VC4A Original: vc4a.com Insurance Penetration in Kenya is at 2.7% due Lack of education/Knowledge, Mistrust, inaffordability and lack of transparency.
    • nourserghini
      nourserghini on 13 Feb 21
       
      This article shows that Bismart insurance is trying to promote the concept of insurance in order to enhance its penetration in Kenya which is now estimated at only 2.7%.
nouhaila_zaki

What Kenya's mobile money success could mean for the Arab world - 1 views

www.worldbank.org/...-could-mean-for-the-arab-world

M-Pesa Kenya Arab World

shared by nouhaila_zaki on 12 Feb 21 - No Cached
  • For a successful model, the Arab World can look to Kenya’s development of mobile money or “M-Pesa”. In many ways, the elements that lead to M-Pesa’s success in Kenya are already present in the Arab World. Young people in MENA are digitally savvy, are active on social media and are some of the heaviest users of mobile phones in the world.
    • hichamachir
      hichamachir on 12 Feb 21
       
      M-Pesa can influence many countries to believe in the power of technology and innovation. I think that embracing the entrepreneurial lifestyle can help many countries to innovate and create successful business and M-Pesa is a great example.
  • The growth of M-Pesa is the result of many factors, including the ease of setting up an account (which is free and only requires an official ID), its simplicity of use, its affordability, the high literacy rate of the population, and the high penetration of mobile phones.Another key element to M-Pesa’s growth worth emphasizing is the regulatory stance adopted by the Central Bank of Kenya (CBK). It decided not to oppose the entry of the telecom operator into the financial sector as long as it offered sufficient guarantees. CBK adopted an “above the fray” position as a regulator and allowed for experimentation in order to foster innovation.
  • The successful adoption of M-Pesa in Kenya reverberated across the African startup scene. It acted as a catalyzer and a signal for young entrepreneurs in Kenya and Africa as a whole: revolutionary ideas could be successfully implemented in Africa and generate both business opportunities and a development path for local communities.
    • samielbaqqali
      samielbaqqali on 12 Feb 21
       
      M-Pesa will influence many nations to believe in the potential of creativity and technology. I think it will help many countries to innovate and build effective companies by adopting the entrepreneurial lifestyle, and M-Pesa is an excellent example.
  • ...1 more annotation...
  • A MENA perspectiveMENA could easily follow in Kenya’s footsteps, and reap immense benefits. The adoption of mobile payment systems makes transactions cheaper, easier and safer. By simplifying how clients can pay for goods and services, it helps firms reach out to new customers and foster private sector development across the economy. Moreover, as is often the case with innovations, it has the potential to be built upon and used by other new technologies and to create a positive momentum in fintech as a whole.Governments in the Middle East and North Africa should enable digital innovation with conducive regulations and the development of a regulatory ‘sandbox’, which guarantees the security of transactions but allows for experimentation, that would stimulate the development and adoption of disruptive innovations.Today, economic connectivity is achieved by the development and harmonization of optic fibers, IT equipment, online payment systems, information transmission and data protection policies. If the MENA region puts sufficient efforts in this direction, it could propose a new path to its citizens, in particular the youth, and bring about a new development strategy adapted to the modern age.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This except is very interesting because it touches upon the way in which M-Pesa could benefit MENA societies. It encourages MENA governments to legislate in favour of innovation and digital products in order to propose a new development strategy that befits the modern age.
  • mohammed_ab on 12 Feb 21
     
    I think that this article has some great information on how to replicate the success story of M-Pesa in the Arab World. I think that the Arab World is in need of such service to facilitate the life of unbanked people, and especially women. This article also highlights the importance of having a lenient regulatory system.
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