The world of work is changing
Today job creation lies at the heart of Uganda’s development challenge. About 400,000 youths enter annually into the job market to compete for approximately 9,000 available jobs. More so, 30% of the qualified youths are unable to find jobs, and the situation is even worse for semi-skilled and unskilled youths.
The causes of unemployment in Uganda are believed to be multifaceted, ranging from low skilled workers, lack of market-ready skills to match the evolving nature of work, and inadequate investment/supply side of jobs.
The future of work offers unparalleled opportunities in form of new technological advances and a stream of new business, upon which human capital can be leveraged to create faster job growth and inclusion outcomes in Uganda.
The Innovation Village in collaboration with MasterCard Foundation is launching an Accelerator program that will support promising technology startups to increase workforce access, readiness and success.