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A New Kind of Company Is Revolutionising Africa’s Gig Economy
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A New Kind of Company Is Revolutionising Africa’s Gig Economy

Aubrey Hruby
World Economic Forum, 2019
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The informal economy operates from the sidelines, beyond the reach of government regulation or taxation. Most informal employment occurs in developing countries, where it’s been keeping local people afloat for decades. But the work is unpredictable, workers can be unreliable, and neither workers nor employers thrive under uncertainty. Such is the case in Africa, where the working-age population is booming but jobs are in short supply. According to this World Economic Forum article, mobile technology and its proclivity for finding, gathering and mobilizing temporary workers may be the answer. 

Take-Aways

  • By 2035, more people will reach working age each year in Africa than in the rest of the world combined.
  • A new type of “bridge company” is using mobile technology to ease business across Africa.
  • Bridge companies will likely be vital to Africa’s future, but they require funding to create the jobs Africa needs.

About the Author

Aubrey Hruby is a senior adviser to Fortune 500 Companies and also contributes to the World Economic Forum, an international organization for public-private cooperation.

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