Jobs for Youth in Africa


African Development Bank Boosts Jobs for Youth in Africa Strategy with close to $2 Million

The African Development Bank’s Fund for African Private Sector Assistance (FAPA), has provided funds totaling nearly US $2 million to its Jobs for Youth in Africa initiative. FAPA, of which the Government of Japan is a major donor, along with the Austrian Government and the African Development Bank, will contribute $923,570 and $988,202 to finance the Bank’s Fashionomics Africa Digital Marketplace and Entrepreneurship & Innovation Lab (eLab) programs, respectively. Both programs form key components of the Bank’s Jobs for Youth in Africa Strategy,...

The Youth – Africa’s Most Valuable Resource for Economic Transformation

With over 200 million people aged between 15 and 24, Africa has the largest population of young people in the world, with current trends indicating a doubling of the numbers by 2045. As the world commemorates International Youth Day this week, with the theme “Safe Spaces for Youth”, the African Development Bank reiterates its commitment to an inclusive and youth-focused economic transformation agenda for the continent. The perilous path to the North undertaken by thousands of Africans each year evokes indignation around the world. Equally damaging is the silent exodus of its...

Africa needs to create right skills, provide funding for its young entrepreneurs, says Ashish Thakkar

Ashish Thakkar is the Founder and Chairman of Mara Group, an investment firm with a presence across 25 African countries. He founded the Mara Foundation in 2009 to foster and support emerging entrepreneurs through mentorship and venture philanthropy. Thakkar is also the Chair of the African Development Bank (AfDB)’s Presidential Youth Advisory Group (PYAG), a think tank inaugurated by AfDB President Akinwumi Adesina on November 27, 2017 to provide innovative solutions for Bank’s plan of creating 25 million jobs for African youth under its Jobs for Youth in Africa Strategy (JfYA...