Future of Work Africa 2021
ABOUT THE PROGRAM
Village Capital, with the support of IFC, is launching Future of Work Africa 2021 – an accelerator supporting and scaling startups across Sub-Saharan Africa that help young people find jobs, build careers, and prepare for the future of work.
Africa’s workforce is projected to be the largest in the world in the coming decades, with hundreds of millions of people below the age of 25 starting to look for work. But there are simply not enough quality jobs for this young and growing population. Nearly half of young people on the continent are unemployed, and in some countries, more than four out of five work in the informal sector, with fluctuating incomes and few if any benefits. While agriculture has long been the continent’s top sector, more and more of Africa’s population is moving to urban areas, where jobs in the formal sector are in short supply.
Our accelerator will support entrepreneurs building for-profit, market-based solutions across the education, employment, and benefits spectrum that can help young people in Sub-Saharan Africa better prepare for and manage the future of work.
Senior Vice President, Head of Africa Relationship Management, Moody's
Executive Director, Global Minimum (GMin)
Head of Africa Partnerships, Kizazi
CEO and Founder, Moringa School
Head of Programmes & Operations, Injini
Founder and CEO, Lynk
Aashti Zaidi Hai
Executive Director, Global Schools Forum
Chief Executive Officer, Harambee Youth Employment Accelerator
Director of Youth Employment, Mercy Corps
Principal, Imaginable Futures
Program Officer: Jobs & Livelihoods, Michael & Susan Dell Foundation
Founder and CEO, Future of Learning Fund
Portfolio Manager, Acumen Fund
Chief Entrepreneurship and SME Development Officer, African Development Bank
Senior Manager Innovation and Product Development, Afreximbank
Jennifer Cotter Otieno
Chief Executive Officer, Education Design Unlimited
COO, Optimizer Foundation
Ventures must address youth unemployment through the following:
• Innovations like upskilling/reskilling programs
• Credentialing programs
• New approaches to apprenticeship or employment matching,
• Financial health for informal workers, and/or
Our accelerator will support entrepreneurs of early-stage ventures building for-profit, market-based solutions across the education, employment, and benefits spectrum that can help young people in Sub-Saharan Africa better prepare for and manage the future of work. Participants can expect our renowned investment readiness curriculum, engagement with mentors and investors, and peer collaboration.
Sprint Week: April 26-30
Work Week 1: May 25-27
Work Week 2: June 22-24
Work Week 3: July 20-22
Closing Week: Aug 9-13
Sprint Week: May 17-21
Work Week 1: June 8-10
Work Week 2: July 6-8
Work Week 3: August 3-5
Closing Week: August 23-27
The deadline to apply for this program (for both cohorts) is January 22, 2021.