Available data shows that although between 10 and 12 million young Africans enter the workforce each year, only three million formal jobs are created annually. "We need a sense of urgency in tackling the issue of unemployment. I cannot emphasize it enough," said Akinwumi Adesina, President, African Development Bank, during a high level panel on Jobs for African Youth at the Annual Meetings of the African Development Bank #AfDBAM2016 on Tuesday, May 24, 2016, in Lusaka, Zambia. "It's not going to be about degrees - those are labels - it's going to be skills," said the AfDB president, pointing out that the Bank has already taken bold steps to turn Africa's phenomenal youth bulge into an economic dividend. More about AfDB in this BRIEFING.
Available data shows that although between 10 and 12 million young Africans enter the workforce each year, only three million formal jobs are created annually. Besides, the youth often lack the skills required by employers, despite gains in education access over the past several decades. "We need a sense of urgency in tackling the issue of unemployment. I cannot emphasize it enough," said Akinwumi Adesina, President, African Development Bank, during a high level panel on Jobs for African Youth at the ongoing Annual Meetings of the African Development Bank on Tuesday, May 24, 2016, in Lusaka, Zambia.
Leaders Underscore Urgent Need to Create Jobs for African Youth through Agriculture, ICT, Industry
African Development Bank, 25 May 2016
Africa needs to step up investments in skills development and promotion of entrepreneurship to create jobs for young people, African leaders and businesses executives have… Read more »
After the 2016 AfDB annual meeting #AfDBAM2016 panel which discussed the topic of "Jobs for African Youth – From Demographic Dividend to Economic Dividend", the panelists joined the moderator Ms. Uduak Amimo (Royal Media Services) for an impromptu "selfie." Panelists are (from the Left) Dr. Carlos Lopes, Executive Secretary, UNECA; Dr. Akinwumi Adesina, President, AfDB, Chair of the Panel; Mr. Tony Elumelu, Chairman of Heirs Holdings; Mr. Mo Ibrahim, Chairperson, Mo Ibrahim Foundation and Hon. Thomas Silberhorn, Parliamentary State Secretary, Federal Ministry for Economic Cooperation and Development (BMZ), Federal Republic of Germany.
"Africa must think big, act big and deliver big. We must never show low ambitions for Africa," African Development Bank Group President Akinwumi ... see more »
Jobs for Women and Young People - The Transformative Potential of Agribusiness
African Development Bank, 23 May 2016
To: 23/05/2016 Read more »
Influential world leaders and senior business executives have endorsed President Akinwumi Adesina's "New Deal on Energy", a vehicle through which the African Development Bank ... Read more »
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