Boost for East African job creation
DEVELOPMENT| Oct. 11, 2012, 5:35 a.m.
Samasource, an initiative creating online jobs for marginalised people, has received a USD7.3m boost.
Samasource has successfully closed a USD7.5 million philanthropic funding round led by the MasterCard Foundation, with participation from existing funders, including the California Endowment, the US Department of State and the Dutch Postcode Lottery/Oxfam Novib. The MasterCard Foundation is leading this round with an investment of nearly USD5.3 million.
This will allow Samasource to significantly broaden its impact by developing additional features to scale its proprietary microwork platform, the SamaHub. The funding will also support Samasource’s network of delivery partners to train 10,000 East African youth and provide direct employment to over 4,000 young people living in slums and peri-urban areas in Kenya and Uganda.
“We are grateful to receive this investment from some of the world’s leading philanthropic funders,” said Leila Janah, founder and CEO of Samasource. “The capital generously provided enables us to serve more marginalized women and youth than ever before and expand into new areas, including the United States. With this support, we will dramatically change the lives of thousands of poor women and youth by providing them with what they want most—paying work.”
To date, Samasource has connected more than 3,000 marginalized people in nine countries to paying work—totaling over USD2 million in wages.
Samasource’s award-winning microwork model brings free, specialized technology training and paid digital work to poor women and youth around the world. This enables people to gain skills, earn a living wage and break the cycle of poverty for themselves and their families. 75% of Samasource workers move up to higher-paying work or higher education.
MORE DEVELOPMENT NEWS
Twenty SMMEs graduate from MTN SA Foundation Accelerated Business Development ProgrammeThis year twenty students are graduating from the MTN SA Foundation sponsored Accelerated Development Programme (ABDP). Read More
Caterpillar launches free e-learning website for future technicians in AfricaCaterpillar has launched the pilot phase of an e-learning website for people who have the ambition to become a technician in Nigeria, Mozambique and DR Congo. Read More
E-agriculture: How ICT is taking farming into the futureICTs have the potential to support agricultural development in poor countries by functioning as innovative solutions to agricultural challenges. Read More
KitsoWorks holds stakeholder engagement sessionThe implementing partners of Botswana's KitsoWorks initiative are working on scaling up the youth empowerment pilot project. Read More
New i2i initiative to draw customer data for better financial servicesThe Mastercard Foundation has launched a $9.6 million Initiative with Finmark Trust and Cenfri to provide better aggregated data to help financial service providers respond more appropriately to banking needs of poor clients. Read More
Airtel Kenya, First Lady launch mobile clinic in Embu countyAirtel Kenta CEO Adil El Youssefi yesterday joined Her Excellency the First Lady Margaret Kenyatta for the official handover ceremony of the Airtel funded 34th “Beyond Zero” mobile clinic to Embu County. Read More
Schneider Electric launches 2016 graduate programmeSchneider Electric South Africa has launched a graduate programme for those students who want to become world-class engineers in the field of energy management. Read More
Airtel Ghana wins CSR excellence awardAirtel Ghana has been named Best CSR Company for Education at the 5th Ghana CSR Excellence Awards. Read More
COMESA, Microsoft collaborate to promote access, skills and innovation in 19 African countriesCOMESA, through the COMESA Business Council (CBC) and Microsoft, have taken a step toward strengthening their working alliance by signing a Memorandum of Understanding (MoU), which sets out how they will collaborate in the areas of access to technology, development of relevant skills and the fostering of innovation in COMESA ... Read More
FEATURED STORYeCommerce in Africa urged to take advantage of mobile
The Executive Chairman of Alltel has urged operators of eCommerce in Ghana and Africa as a whole to take advantage of the current trend for Africans to trade online via their mobile handsets.
BEST READ NEWS
IN DEPTHNigeria needs $25b investment in broadband, says Wood
Telecoms executive Adrian Wood speaks to Kokumo Goodie about investment potential in Nigeria.