The art of giving to targeted causes aimed at effecting social change and impacting people and communities is a trans-generational practice worldwide.
Overall, the reasons why individuals, organizations and institutions practice philanthropy to extend a helping hand – in cash or in kind – to an organization or group of people in need are marked by largely different perspectives and positions. Much of the controversy surrounding philanthropy in practice has focused more on the source of donor wealth than on outcomes and impact on goals. However, and against traditional expectations of considerable descent in volume and influence, philanthropy has grown by leaps and bounds in recent decades; Markets and sectors were erected in an instant, breaking down previous barriers to entry.
Relative to the West, however, Africa is primarily grappling with the challenges of rising inequality and poverty. The continent is known as the second most unequal continent in the world and is home to seven of the most unequal countries, with the richest 0.0001 percent owning 40 percent of the continent’s wealth (according to OXFAM).
With the constant challenges of political instability, corruption and misuse of collective resources by the ruling class, there is always the issue of more effective resource allocation to reach the poor people and communities. The continent sits on many opportunities – a growing population – mostly young people within the 18-35 age bracket, a largely growing economy and an even greater allowance for development due to an abundance of natural resources. Thus, Africa has always represented a breeding ground for the most effective development work by philanthropists worldwide – a major attraction for the mobilization of private funds for the liberation and improvement of poor communities in disadvantaged rural areas. Growing global cities.
Clearly, the redefinition of models for philanthropic intermediation – the rechanneling of funds from surplus to deficit units – and its attendant implementation now lies with African youth who are eager to avoid the stagnation and underdevelopment of the generation they have lived through. Sang, sad. They have a vehicle ready to achieve their goals with ready energy, enthusiasm and most importantly, innovation and ingenuity behind the technology to create a breakthrough for vertical entry and community entry.
Jacob Mwathi, current associate professor and deputy director of the Center for African Philanthropy and Social Investment at the Wits Business School in South Africa, said that “a positive trend in philanthropy is the emergence of tools to encourage and facilitate such giving. Indeed, technology has enabled social media, crowdfunding platforms, and mobile giving. has introduced new ways of giving through. Such tools can facilitate fundraising activities and act as catalysts for domestic giving.
Especially with crowdfunding activities for social causes, there are plenty of opportunities to expand on the successes achieved so far. There has been remarkable giving running into thousands of dollars on platforms like Go-Fund-Me, where necessary medical, social, educational, political and financial goals have been met.
Likewise, young people can mobilize time, natural resources, talents and skills for philanthropic purposes and explore technology across geographical boundaries.
On the domestic front, while the force of intervention in vulnerable African neighbors has previously been advanced mainly against the background of religion, policies and projects, social media is becoming a true tool not only for identifying social causes but also for mobilizing and mobilizing them. Final delivery.
Also, the religious gathering of worshipers provided a strong platform for a growing ‘congregation’ of young philanthropists, especially ‘almsgiving’, a key tenet of both Christian and Muslim religions. By riding on religious causes, youth can reach out broadly to households and communities that foster strong bonds of unity, faith, and purpose.
Prominent and prestigious international organizations are leading the way for the next generation of humanitarian intervention in Africa to impact social causes and reduce death and suffering. The Bill and Melinda Gates Foundation leads the charge.
The antecedents of electioneering in many African nations have not been entirely different, with willing public stakeholders spending large sums of money and staple sharing to advance approval of voting blocs in targeted constituencies. However, although it does not formally make much of a difference to the poverty-ladder climb of individuals in these communities, they have temporarily met the needs of individuals and citizens. Youths can push for a greater concentration of private funding for development with strong social causes as they make up the largest portion of the voting public in many African nations such as Nigeria.
Funds raised from private sector captains of industry to address development are becoming increasingly popular among elites, with the education and health sectors welcoming the biggest interventions in Africa. Predictably, while not unrelated to the renewed focus on health, well-being and the future of work post-Covid-19, this suggests that technology and human capital are game changers in a world urgently seeking change, redistribution of wealth and well-being. .
Great causes for development arise from previously neglected sources. In Nigeria where I welcome, the National Youth Service Corporation, a year-long plan for new university graduates to commit to national integration, knowledge and development in communities is realizing its intended philanthropic goals with hundreds of impactful projects undertaken by private and new school leavers. In collaboration with communities, traditional chiefs, corporate bodies, government, and non-governmental organizations annually.
It seems to lend credence to my absolute belief that the youth are mainstream and will still be a force to be reckoned with in the disruptive jet age. They are necessary structures, at the very least, to strengthen the pursuit of compassion and a greater level of development in nearby communities and beyond. At the very least, only a willing and passionate mind with a single and noble cause revolving around the fate of every disadvantaged African is the trigger to seal the continent.
- Imouokhome is a Senior Technology Consultant at PwC Nigeria; Obison Babcock is the first woman president of the Economics Students’ Association