Youth

22-Jul-2019

Ashish J. Thakkar: Forget oil and gold. Young Africans are our greatest natural resource

 In line with its commitment to Africa’s youth, the African Development Bank established the Presidential Youth Advisory Group (PYAG), a think tank for new, innovative ideas and financing instruments to support youth entrepreneurship and employment in Africa. PYAG is driven by a world-class team of forward-thinking, inspiring young and mid-career professionals, chaired by CEO of Mara Phones, Ashish J. Thakkar. In this interview, Ashish J. Thakkar talks about innovative ways to create jobs for Africa’s youth.       Tackling youth unemployment is a central...
28-Jun-2019

Call for Papers - African Economic Conference 2019

About the Conference: The 2019 African Economic Conference (AEC), jointly organized by African Development Bank, the Economic Commission for Africa and the United Nations Development Programme, will be held in Sharm el-Sheikh, Egypt, from 2nd to 4th December 2019. Since its inception in 2006, the AEC series has fostered dialogue and the exchange of knowledge on a variety of issues and challenges facing Africa. The theme of this year’s conference is: “Jobs, Entrepreneurship and Capacity Development for African Youths”.   Registration   Policy-oriented papers...
27-Jun-2019

South Africa: Agripreneurs Forum welcomes young entrepreneurs and investors

The third African Youth Agripreneurs Forum and AgriPitch competition, a platform connecting sector start-ups with potential partners and financiers, has opened in Cape Town under the theme: “Climate Smart Agriculture: Business and Employment Opportunities for Africa’s Youth. The event is being organised by the African Development Bank, in partnership with the government of the Western Cape. The event has attracted over 200 participants from across the continent including youth agripreneurs, agribusiness companies, investors, environmentalists, academia, development partners and...
18-Jun-2019

Invitation to the African Youth Agripreneur Forum (AYAF) - 3rd Conference and AgriPitch Competition

The African Development Bank), in partnership with the Western Cape Government, is organizing the 3rd annual African Youth Agripreneur Forum (AYAF) Conference and AgriPitch Competition under the theme: Climate Smart Agriculture: Business and Employment Opportunities for Africa’s Youth. The AYAF serves as a platform for bringing together youth agripreneurs from across Africa and scaling up the scope and impact of their activities. The AYAF is an annual event of the African Development Bank’s Enable Youth Program and is expected to attract over 200 participants from across the...
22-May-2019

Brochure - Education and Skills for the Fourth Industrial Revolution

The world is changing at an unprecedented pace. This is fueled by technological and digital advancement. In Africa, like in other parts of the world, digital innovation is disrupting the traditional economy and creating new avenues for technological breakthroughs. For instance, drone technology has made it easy to deliver blood to remote villages in East Africa to save lives. Africa has the fastest growing mobile phone market and across the continent mobile money is used in daily transactions by millions of previously unbanked and underserved Africans. In Nigeria, teenage girls are taking on...
22-May-2019

Brochure - Youth Entrepreneurship and Innovation Multi-donor Trust Fund

In response to the youth unemployment and migration crisis, the African Development Bank adopted the Jobs for Youth in Africa (JfYA) Strategy. Its objective is to create 25 million jobs and equip 50 million youth with employable and entrepreneurial skills by 2025. Since the adoption of the JfYA strategy in 2016 the Bank has invested over USD 20 billion in 318 projects that will impact youth directly on skills, entrepreneurship, business development and job creation in African countries.
21-May-2019

African Development Bank commissions value chain study into jewelry manufacturing in Sierra Leone, Zimbabwe and the Republic of Guinea

The African Development Bank has commissioned a study into the contribution of the jewelry manufacturing industry and its potential for job creation for women and youth in Sierra Leone, Zimbabwe and the Republic of Guinea. The initial US $1.4-million project, will entail a value chain analysis study examining the sector’s contributions to value addition and job creation. It will be financed under the Bank’s Transition Support Facility and implemented over 24 months, in coordination with the relevant ministries and agencies in all three countries. The proposed project aims to create...
21-May-2019

African Development Bank commissions value chain study into jewelry manufacturing and jobs for women and youth in Sierra Leone, Zimbabwe and the Republic of Guinea

The African Development Bank has commissioned a study into the contribution of the jewelry manufacturing industry and its potential for job creation for women and youth in Sierra Leone, Zimbabwe and the Republic of Guinea. The initial US $1.4-million project, will entail a value chain analysis study examining the sector’s contributions to value addition and job creation. It will be financed under the Bank’s Transition Support Facility and implemented over 24 months, in coordination with the relevant ministries and agencies in all three countries. The proposed project aims to create...
21-May-2019

Bank’s Lines of Credit help to deepen African financial systems, small projects blossom

The African Development Bank has since 1995 granted five loans totaling $700 million to the Development Bank of Southern Africa (DBSA), a governmental financial institution with special focus on infrastructure expansion. The transactions have helped to deepen financial markets and buoyed local businesses. The Bank’s lines of credit enabled DBSA to finance some 20 private sector projects in eight countries, covering seven sectors (energy, industry, finance, tourism, telecoms, agriculture and infrastructure). The investments generated and sustained at least 40,000 jobs. “For nearly 25...
13-May-2019

Economic Brief - Accelerating the AfDB’s Response to the Youth Unemployment Crisis in Africa

This paper was prepared as a background paper for the Joint Youth Employment Initiative for Africa which was launched in 2011 by the AfDB, African Union, ILO and UNECA. The objective of this initiative is to support Regional Member Countries (RMCs) in addressing the growing youth unemployment crisis in Africa. This paper was primarily a response to: (i) the Board’s concerns on high unemployment in the continent, particularly among the youth (ii) the need for a coherent Bank perspective for the high-level seminar on “youth unemployment and inclusive growth” at the 2011 annual meetings...
02-May-2019

Programme de Promotion de l’entreprenariat des jeunes dans l’agriculture et l’agro-industrie de Madagascar : Sortie de la première promotion de 35 jeunes agripreneurs

A l’issue de 12 mois de formation dans les chaînes de valeur des filières agricoles, 35 jeunes « agripreneurs », dont 51% de femmes, ont reçu, le 23 avril 2019, leur certificat de fin de formation, ainsi que leur chèque pour les aider à s’installer et financer leurs projets. Cette formation leur a été dispensée dans le cadre du programme de Promotion de l’entreprenariat des jeunes dans l’agriculture et l’agro-industrie (PEJAA), financé par la Banque africaine de développement (BAD). Une Banque locale, BNI Madagascar (BNI) a signé une convention de partenariat avec le...
29-Apr-2019

Maroc : la Banque africaine de développement lance le programme Souk At-tanmia pour soutenir l’entreprenariat et le développement du secteur privé

QUOI : Lancement de Souk At-tanmia au Maroc  OÙ : Hôtel Oasis Palm Club, Guelmim, Maroc  QUAND : Lundi 22 avril 2019 à partir de 15 h 00 En partenariat avec la coopération danoise (DANIDA) et le ministère de l’Économie et des Finances du Maroc, la Banque africaine de développement procèdera, le 22 avril prochain à Guelmim, au lancement national du programme Souk At-tanmia. Cet évènement marque le tout premier partenariat de la Banque avec la Fondation régionale de l’entrepreneuriat et l’entreprise (FREE), qui va donner jour à une...
26-Apr-2019

Invitation to the African Youth Agripreneur Forum (AYAF) - 3rd Conference and AgriPitch Competition

The African Development Bank), in partnership with the Western Cape Government, is organizing the 3rd annual African Youth Agripreneur Forum (AYAF) Conference and AgriPitch Competition under the theme: Climate Smart Agriculture: Business and Employment Opportunities for Africa’s Youth. The AYAF serves as a platform for bringing together youth agripreneurs from across Africa and scaling up the scope and impact of their activities. The AYAF is an annual event of the African Development Bank’s Enable Youth Program and is expected to attract over 200 participants from across the...
23-Apr-2019

Togo: African Development Bank helps to create 35,000 jobs in agricultural SMEs

Since 2016, the African Development Bank has committed $1.7 million to the Project to Support the Employability and Integration of Young People in Growth Sectors (PAEIJ-SP) in Togo, which has helped create 35,000 jobs in agricultural SMEs. When Agrokom and Agricultural Growth Junction of Togo (JCAT) launched in the Togolese capital of Lomé in 2011, they each had around a dozen employees, very few of whom were young people. Agrokom processes oilseeds (soya and palm nut) to make livestock meal and edible oils. JCAT produces and markets organic soy. In 2016, Agrokom's annual production...
17-Apr-2019

Morocco - Souk At Tanmia Morocco - Appraisal Report

In view of the positive results of the two editions of Souk At Tanmia (SAT) launched by the African Development Bank in July 2012 in Tunisia, and the continued commitment of the Bank to combat unemployment by promoting entrepreneurship, a decision was taken to implement this initiative in other countries of the region. The SAT programme used an integrated approach combining financial and non-financial support to entrepreneurs, while drawing on lessons from the first two editions and international best practices. More than five years after the launch of the first edition of the programme in...
17-Apr-2019

Tunisia - Souk At-Tanmia’s Third Edition

The rules and procedures of the Trust Funds for Countries in Transition (TFT) hosted by the Bank specify that should an operation that exceeds USD 1 million be put forward it must be approved by the Board of the Bank. The third edition of the Souk At-tanmia program in Tunisia falls into this category. Hence, the Board’s approval is sought for the third edition of Souk Attanmia so that the Secretariat of the Partnership Steering Committee, currently hosted by the Bank (The North Africa Regional Development and Business Delivery Office (RDGN)), can transfer the necessary resources in order to...
10-Apr-2019

African Development Bank President tells African youth to get into agriculture

African Development Bank President Akinwumi Adesina has urged African youth to get involved in agriculture, saying that the Bank has invested massively in jobs for youth in rural areas and that the sector offers enormous potential. Adesina was speaking Saturday 6 April as a member of a panel discussing Africa’s youth population, jobs and migration, during the Ibrahim Governance Weekend organised in Abidjan, Cote d’Ivoire. The panel was chaired by former UN diplomat Valerie Amos and included Hailemairam Desalegn, former prime minister of Ethiopia, Abdourahmane Cisse, Energy minister, Côte d...
08-Apr-2019

EOI – Consultant - Japan Africa Dream Scholarship (JADS) Program Coordinator - AHHD

The Japan Africa Dream Scholarship (JADS) Program is a capacity building project by the AfDB and Japan which was initiated in 2017 with the aim of providing two-year scholarship awards to highly achieving African graduate students to enable them to under go post-graduate studies (i.e. a two-year Master’s degree program) in selected priority development areas on the continent and Japan. The overarching goal the AfDB and the Government of Japan seek to attain is to enhance skills and human resources development in Africa in under the Bank’s High 5s agenda (i.e. “Feed Africa”, “Light up Africa...
05-Apr-2019

“Coding must be compulsory, at all levels. The currency of the future is going to be coding…We must democratize technology,” Adesina tells Mo Ibrahim Governance Week

African Development Bank President Adesina, on Friday, pleaded for Africans to embrace technology, and governments to urgently move away from “investing in the jobs of the past, but rather in the jobs of the future. A future that is just around the corner.” Adesina was addressing a debate entitled: The New Tech Era: Job-killer or Job-creator? organised by Africa Report and Jeune Afrique as part of the 2019 Mo Ibrahim Governance Week. The debate took place in the Sofitel Hotel in Abidjan, Cote d’Ivoire. “The people who control data, will control Africa. Coding must be...
04-Apr-2019

African Development Bank: All-female Coding for Employment class to open doors for Nigerian women in tech

[row] [column md="8"] Sa’adatu Babayo and Esther Ayuba have more than being female in common: the two are proud participants of the first all-women Coding for Employment class, currently underway in Nigeria as part of a pilot scheme to broaden opportunities for African women. The month-long classes in basic Information and Communications Technology (ICT) and other digital skills began 11 Marchth 2019, and are being conducted on two campuses - Gombe State University, Northern Nigeria and Covenant University, in Ogun State, Nigeria. The 160 women making up this cohort...