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Home Economy

UNDP partners Mastercard Foundation on Young Africa Innovates (YAI) programme

By GNA

Frank Atiase by Frank Atiase
August 23, 2023
in Economy, Headlines
Reading Time: 2 mins read
Economics UNDP MSMEs
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Accra-Ghana, Aug. 23, GNA – The United Nations Development Programme (UNDP) is partnering the Mastercard Foundation to establish and implement a Young Africa Innovates (YAI) programme in Ghana and Nigeria over the next two and a half years.

The strategic partnership aims to foster inclusive innovation among diverse youth populations to address development challenges.

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The $25.8 million partnership signifies a shared commitment to creating sustainable, inclusive, and equitable opportunities for young people.

It is particularly targeting those, who do not usually benefit from traditional innovation initiatives (atypical actors), and marginalised young people, including women, persons living in rural communities, and persons with disabilities.

Mrs Angela Lusigi, UNDP Resident Representative in Ghana in a statement, said: “This partnership is a key step to unlocking the untapped potential of every young person, particularly those often marginalised and overlooked.”

She said they aspired to tap into the creative and transformative potential of diverse youth from across the country, encompassing those with disabilities, limited educational access, and residing in hard-to-reach areas.

“Our collective commitment envisions a world where no one is left behind, and where every young person’s creativity, regardless of their background, plays a pivotal role in crafting innovative solutions for a brighter and more equitable tomorrow,” she said.

Under the partnership, the UNDP will work with innovation and enterprise organisations, including grassroots organisations, the private sector, and governments to support different actors like rural, low-literacy, inexperienced, and marginalised individuals.

The programme will utilise a challenge fund model to stimulate innovation and scale up impact towards inclusive development.

The YAI programme aims to engage over 10,000 innovators across Ghana and Nigeria.

These will be individuals actively working on innovative solutions and will facilitate the rapid validation, testing, and scaling of more than 500 unique solutions.

She said with support from the YAI Programme, innovations would emerge, backed by evidence of impact.

These innovations will serve as pathways to unlocking economic opportunities for young people at scale, providing them with the tools and resources to thrive in their respective fields.

Madam Rica Rwigamba, Country Director for the Mastercard Foundation in Ghana, said: “This programme aims to put young people, especially young women, at the centre of driving solutions that improve their well-being and resilience.”

She said over the years, the Foundation had supported innovation-focused initiatives, and the lessons learned had informed the Young Africa Innovates programme design.

“Our intent is to ensure that this Lean Innovation fund establishes a system that generates, identifies, and scales youth-led disruptive solutions toward economic transformation,” she said.

She said traditional challenge funds had limitations such as application restrictions, prolonged testing, limited scalability, and perpetuation of inequalities.

To address these, the programme will implement intentional support measures such as boot camps, learning circles, capacity development, and a focus on new and atypical actors.

The programme will initiate calls for innovative solutions in both participating countries, with coordination by the UNDP Accelerator Labs in Ghana and Nigeria.

Calls for applications will employ different strategies, including solution scouts and innovation hubs in rural and marginalised communities to create awareness and provide support for interested applicants to apply.

Government partners, grassroots organisations and voluntary organisations will support the programme implementation in the respective countries.

These include the National Entrepreneurship and Innovation Programme and Ghana Federation of Disability Organisations in Ghana and the iDICE Federal Government Programme and Bezi. Build in Nigeria.

 

Source: Ghana News Agency
Tags: MSMEsUNDP
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Frank Atiase

Frank Atiase

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