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Africa is a young continent with a median age of 19 years. It is estimated that by 2030, the number of young people in the African labor force will increase to 375 million. This means that by 2035, there will be more young people entering the workforce each year than in the rest of the world combined.

Saudi Arabia is one of the most dynamic financial services markets in the MENA region. In line with its pioneering Vision 2030, the country is driving innovation and embracing cutting-edge technologies to achieve its digital transformation ambitions, including increasing the growth rate of digital payments to 70% by the end of the decade.

The Mastercard MENA Business Forum held in Luxor featured insightful business sessions and discussions on various themes such as retail banking transformation, data utilization for growth, personalization and loyalty, cross-border remittances, and cybersecurity.

While people have migrated to new countries in pursuit of brighter futures throughout history, ubiquitous digitization has opened new pathways for economic growth and opportunity around the globe. Digital nomads – professionals who travel while working remotely – have emerged in recent years alongside technological advances and the post-pandemic era of flexible work.

At Mastercard, we are committed to providing everyone with equal opportunities to connect their greatest passions with their fullest potential. Our efforts start with fostering an inclusive workplace where everyone is welcome, regardless of gender, background or physical abilities.

In our fifth episode of "Eye on ESG" podcast HE Dr. Abdullah Belhaif Al Nuaimi, Former UAE Minister of Climate Change and Environment discusses how technologies like solar, wind, and hydrogen can decarbonize our energy sector and combat the climate crisis.