African Economic Conference: The do’s and don’ts of youth employment

African governments, working with civil society and the private sector, should formulate deliberate policies to boost employability, particularly of the continent’s youth, according to regional surveys presented at this year’s African Economic Conference (AEC) in Sharm El Sheikh, Egypt. Researchers Abou Kane from Senegal, Joachim Tindo from Cameroon and Togo’s Mawussi Djahini-Afawoubo administered the survey to analyze the labor market in their respective countries. The survey results on Wednesday dominated discussions at the three-day conference, hosted by the African Development Bank...

Conférence économique africaine 2019 : adapter la formation professionnelle aux besoins du marché pour accroitre les opportunités d’emplois des jeunes africains

Les experts et chercheurs présents à la Conférence économique africaine 2019, ont dressé un tableau des faiblesses du marché du travail en Afrique. Selon eux, ce marché est caractérisé principalement par l’inadéquation de la formation, un accès difficile et un environnement économique dominé par le secteur informel.  Au cours de cette session sur « Emploi des jeunes en Afrique, opportunités et défis », les jeunes chercheurs ont fait le point de la situation au Ghana, Togo, Bénin, Cameron et au Congo. Adeolo Oyenubi, chercheur à la School of Economics and finances,...

“Let’s address skills mismatch in jobs for the youth,” speaker tells African Economic Conference

The second day of the 2019 African Economic Conference, exploring ways to create jobs for Africa’s youth,  focused on the youth skills gap issue across the continent. The conference in the Egyptian resort of Sharm El Sheikh is hosted by the African Development Bank in partnership with the United Nations Development Programme and the United Nations Economic Commission for Africa. According to Adamon Mukasa, senior researcher at the African Development Bank, under-skilled youth represented 28.9% of Africa’s population, more than double the 13% recorded in other developing regions...

African Economic Conference 2019 – participants converge on Sharm El Sheikh to debate jobs, skills and capacity development for Africa’s youth

More than 350 stakeholders are converging on Sharm El Sheikh, Egypt, to participate in the 2019 African Economic Conference (AEC), with this year’s focus on jobs, skills and capacity development for Africa’s youth. The three-day conference, from 2-4 December, brings together researchers, youth representatives, business leaders, policymakers and media representatives from Africa and around the globe – to hammer out policies and strategies for successful inclusive growth and job creation in the region. The recommendations will guide commitments of partners – the African Development Bank,...

AMI - Guinée - Consultant Responsable Administratif et Financier - PATAG-EAJ

Le Gouvernement de la République de Guinée a sollicité et obtenu un financement du fonds africain de développement (FAD/BAD) sous forme de dons et prêts pour financer en partie le Projet de transformation de l’agriculture guinéenne et de l’entreprenariat agricole des jeunes (PATAG EAJ) Le Ministère de l’Agriculture, agissant en qualité de Maître d’Ouvrage Délégué (MOD) pour le compte du Gouvernement de la République de Guinée envisage d’utiliser une partie des sommes accordées au titre de ces prêt et don pour financer le contrat de services d’un consultant individuel au poste de...

GPN - Guinée - Projet d’Appui à la Transformation de l’Agriculture Guinéenne et de l’Entreprenariat Agricole des Jeunes (PATAG-EAJ)

Le Gouvernement de la République de Guinée a  obtenu un don et un prêt du Groupe de la Banque Africaine de Développement (BAD), afin de couvrir le coût du  Projet d’Appui à la Transformation de l’Agriculture Guinéenne et de l’Entreprenariat Agricole des Jeunes (PATAG-EAJ)

2019 Africa Investment Forum: African Development Bank, EU reaffirm partnership, ambition to de-risk business environment, create jobs in Africa

The African Development Bank and the European Union shook hands on a renewed commitment to unlock hundreds of millions in financing for African infrastructure and development needs. Collaboration between the two institutions would focus on de-risking the business environment in Africa, providing equity, guarantees and other types of non-grant support, African Development Bank President Akinwumi and European Union Commissioner Neven Mimica said at a news conference held Monday, on the sidelines of the Africa Investment Forum. Both men stressed the central role of investment in the...

Working Paper 326 - Youth Jobs, Skill and Educational Mismatches in Africa

Abstract: This paper contributes to the empirical literature on the incidence of skill and educational mismatches of African youth and explores the linkages between job mismatch and wages, job satisfaction, and on-the-job search. It uses school-to-work transition survey datasets from 10 African countries and controls for unobserved heterogeneity, sample selection bias and endogeneity problems during the estimation of job mismatch. Results show that skill and educational mismatches are prevalent in Africa: 17.5% of employed youth are overskilled, 28.9% underskilled, 8.3% overeducated and 56.9...

EOI - Kenya - Consultancy Services assignment for Incubation and Training Service Provider for the Program - ENABLE Youth Kenya Program

The Government of Kenya through the Ministry of Agriculture, Livestock and Fisheries  has received financing from the African Development Bank toward the cost of the ENABLE Youth Kenya Program and intends to apply part of the agreed amount for this loan to payments under the contract for Consultancy Services assignment for Incubation and Training Service Provider for the Program.

SPN - Kenya - Consultancy Services for an Incubatees Recruiting Firm for enable youth Kenya Program

The Government of Kenya through the Ministry of Agriculture, Livestock and Fisheries has received financing from the African Development Bank toward the cost of the ENABLE Youth Kenya Program and intends to apply part of the agreed amount for this loan to payments under the contract for Consultancy Services assignment for an Incubatees Recruiting Firm for the Program. The overall aim of this project is to train and empower youth agricultural entrepreneurs (Agripreneurs) in 8 Youth Agri-Business Incubation Centres spread across the country over a five-year period. The incubation activities...

Nigeria country office of the African Development Bank launches jobs report

The Nigeria country office of the African Development Bank on 28 October 2019 launched the Bank’s ‘Creating Decent Jobs: Strategies, policies and instruments’ report in Nigeria. The report, first launched last month in Abidjan, cites growth in the African labour force as the fastest globally. However, successive years of robust macroeconomic policies, which have aided the remarkable economic growth rates for nearly two decades, have not created the jobs required to absorb the increasingly growing labour market entrants or led to sufficient poverty reduction. To reverse this trend economic...

In Togo, youth and SMEs receive the African Development Bank’s full support

In a large building located in the Vakpossito district, south of the Togolese capital Lomé, the main equipment in the Agrokom soya processing plant is fully operational. In a few days, this group of young people will deliver 200 tonnes of organic soya meal to an international client. “In 2011, we only produced 50 tonnes of meal for the local market. However, since 2016, our production has quadrupled, and we are now supplying the international market,” Daniel Komlan says proudly. Mr. Komlan is the managing director of Agrokom, a small business specialised in soya processing. Daniel...

2019 African Economic Conference in Sharm el-Sheikh to foster jobs, entrepreneurship and capacity development for African youths

What: African Economic Conference Who: African Development Bank, Economic Commission for Africa, United Nations Development Programme When: 2-4 December 2019 Where: Sharm el-Sheikh, Egypt   The 2019 African Economic Conference (AEC), the leading platform for networking, dialogue and knowledge-sharing on pertinent issues facing Africa, will take place 2-4 December 2019 in Sharm el-Sheikh, Egypt. The conference is jointly organized by the African Development Bank, the United Nations Economic Commission for Africa and the United Nations Development Programme, on the theme...

Seedstars World partners with African Development Bank to propel youth startups and jobs

Seedstars World, a Swiss-based startup competition in emerging markets, and the African Development Bank on Tuesday announced a strategic partnership to implement its innovative ‘job creation track’ model to support youth employment and entrepreneurship in Africa. The partnership is in line with the Bank’s entrepreneurship and innovation lab under its Jobs for Youth in Africa (JfYA) strategy. The aim is to create 25 million jobs and equip 50 million young people with skills to enhance their employability and entrepreneurial success by 2025. The strategy will support countries to stimulate...

World Food Prize and World Hunger Fighters Foundation launch fellowship for young African agribusiness innovators

The World Food Prize Foundation and the newly launched World Hunger Fighters Foundation are partnering to provide year-long fellowships for young African food innovators and entrepreneurs. The World Hunger Fighters Foundation will award annual Borlaug-Adesina Fellowships to young Africans to develop new technologies, champion public policy, and develop viable businesses in the field of agriculture. The young leaders will gain experience in international agriculture research centres, including food and agribusiness companies. Felix Tshisekedi, the President of the Democratic Republic of...

Prepare for the agriculture of tomorrow, African Development Bank President challenges high school students at global symposium

Young people from around the world gathered in Des Moines Iowa at the Global Youth Institute on Thursday to interact with Nobel and World Food Prize laureates. This year, 450 exceptional high school students from 10 countries attended the three-day Global Youth Institute hosted by the World Food Prize Foundation to facilitate discussion on pressing food security and agricultural issues. The director of youth leadership development at the World Food Prize Foundation, Kelsey Tyrrell, told the young audience that African Development Bank President Akinwumi Adesina had been invited because...

Creating Africa’s next generation of development experts: African Development Bank calls on young professionals to join its ranks

The African Development Bank has issued a call to young people who are interested in joining the continent’s premier finance institution. The Bank has opened applications for its Young Professionals Program, which offers a unique opportunity to young people with a passion for development to participate in offering lasting solutions to social, economic and environmental challenges. At a lunch held Wednesday at which the current batch of YPPs were invited to share their feedback, Senior Vice President Charles Boamah made it clear that he valued the input of the young professionals. “We...

Maroc : la Banque africaine de développement soutient l’entreprenariat des jeunes et l’innovation

La Banque africaine de développement a pris part à l’édition 2019 des rencontres « Innovation et Jeunesse » qui se sont tenues du 30 septembre au 4 octobre derniers. Un évènement organisé conjointement par le ministère marocain de la Jeunesse et des Sports, le ministère danois des Affaires étrangères et le Programme des Nations unies pour le développement (PNUD). L’objectif de cette rencontre était de permettre aux jeunes entrepreneurs d’apporter leur contribution aux chantiers de développement, notamment la promotion de l’innovation et du développement durable, la création d’...

UNGA 2019: Young Africans will “produce the magic” says AU chief as the UN sounds warning on Sustainable Development Goals

Leaders should devise an “incentive structure” to promote a startup culture among young Africans. “I think they will produce the magic,” Albert Muchanga, the African Union’s Commissioner for Trade and Industry, told a gathering on infrastructure at the United Nations on Wednesday. Muchanga said colleagues were working to “harmonise our policies, rules and regulations” to smooth cross-border trade while focusing on the next generation. “We’re not leaving the youth behind. We’re promoting startups among African youth. Because we know that if we localise knowledge and innovation, then we’...

Innovative thinking marks African Development Bank’s Africa jobs manifesto

Innovative thinking about Africa’s conventional employment issues is what marks the African Development Bank’s new policy research document “Creating Decent Jobs: Strategies, Policies, and Instruments,” participants heard at the report launch, held 12 September 2019. The report elicited strong presentations and a lively debate during the event which took place in the Babacar N’Diaye Auditorium at the Bank’s headquarters, attended by senior management, diplomats, staff, and media representatives. The Bank’s Senior Vice President Charles Boamah introduced the issue of employment as being...