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At the same time, 75% of all university graduates in Kenya and Nigeria are likely to be unemployed for up to 5 years after graduation. Most young people can’t afford to study abroad without government subsidies or scholarships. Kenya: Youth Fund Targets Young People in Business Start-Up Loans Plan.
In countries where the news media is often controlled by the government, real news doesn’t always make it out, and a “top-down” control of news means that citizens in repressive regimes may not be able to share their stories. Clay Shirky: How social media can make history. Evan Williams on listening to Twitter users.
But IMO it’ll take a “big bang” multi-party effort rather than an incremental innovation, so it’ll favor large organizations (big companies and/or governments) rather than startups. Government fiat. M-Pesa created by mobile carrier Safaricom in Kenya is the best known example of this.
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