Transition to the World of Work
The Bank works with many partners, in particular, the private sector to design and implement strategic interventions for sustaining economic and social growth in its member countries. It also supports reforms designed to establish an environment that is conducive to wider private sector participation and investment in higher education. There are many areas that offer good opportunities for employment for highly trained students.
For example, the extractive industries abundant natural resources are extracted throughout Africa require specific skills directly or indirectly linked to their needs. Similarly, tourism has become a major investment sector in Africa and provides revenue to millions of people, but few countries have the trained human resources to provide competitive services (e.g., hotel services, roads, maintenance of infrastructure, construction, repairs, etc.). In order to effectively target and meet these needs, the Bank is helping to produce national and regional science and technology skills profiles and working with other partner institutions and the private sector to do the following:
- Undertake Science, Technology and Innovation (STI) national and regional skills profiles.
- Support member countries in developing national innovation action plans.
- Strengthen HEST-industry linkages, with emphasis on creating incubators.
- Promote and support measures to increase women’s participation in science and technology-related training and research activities in all institutions benefiting from Bank support.
- Cultivate technology development through partnerships with the private sector
- Integrate indigenous knowledge into innovation systems.
