Youth

05-Dec-2018

Africa Investment Forum 2018: Investing in youth, a must for Africa’s future

An Ivorian youth was among a select group who took centre stage on the final day of the Africa Investment Forum - to demonstrate their business acumen and to secure investment in their businesses. Ange-Frederick Balma, a young technology entrepreneur from Cote d’Ivoire, delivered one of the standout pitches for investment into LIFILED, winning the People’s Choice Award. LIFILED is a company specialised in the integration of LIFI solutions, smart lighting with dynamic contents and digital communication medium. The Forum, which took place in Johannesburg, South Africa, 7-9...
03-Dec-2018

AEC2018: Africa must focus on its big resource - its young people, experts urge

Professor Paul Collier, one of the world’s most influential development economists, warns that Africa’s “easy decade” of accelerated economic growth is coming to an end, and only accelerated job creation and integration will ensure sustainable growth and development across the continent. Dr. Collier, Professor of Economics and Public Policy in the Blavatnik School of Government at the University of Oxford, was delivering a keynote address at the African Economic Conference 2018, hosted by the African Development Bank in Kigali, Rwanda. He was speaking Monday 3rd December 2018 on the...
30-Oct-2018

Tanzania: Alternative Learning and Skills Development Project

.greenbartitle h2 { background: #009653; } .more_iteration {display: none;} [alert type="success"] Key facts  Alternative Learning and Skills Development project financed with an African Development Fund (ADF) loan and grant totaling US$32.7 million. Over 1,000 community members (51 percent of them are women) received training in computer literacy, law and adult literacy in the Alternative Learning Centre. Graduates of the skills development centers, 19 micro finance institutions and Savings and Credit Cooperatives (SACCOS) in Zanzibar benefitted...
23-Oct-2018

Higher Education Science & technology – MALAWI

05-Sep-2018

Répertoire opérationnel africain des métiers et des emplois (ROAME) : Lancement des travaux en Guinée Conakry

Le Bureau national de la Banque africaine de développement en Guinée (COGN), en collaboration avec la Primature guinéenne et le Bureau international du travail (BIT) a lancé, jeudi 30 août 2018 à l’Hôtel Kaloum (Conakry, Guinée), un atelier dédié au Répertoire opérationnel africain des métiers et de l’emploi (ROAME). Cet atelier s’inscrit dans la droite ligne du Document de stratégie pays (DSP) 2018-2022 pour la Guinée – en voie de finalisation –, dont l’objectif principal est de contribuer, à travers ses projets et programmes, à répondre aux défis de l’emploi, tout en...
31-Aug-2018

5 milliards de francs CFA de la Banque africaine de développement pour insuffler une nouvelle dynamique au Centre régional de formation en entretien routier (CERFER)

Le Groupe de la Banque africaine de développement a octroyé un don de 5 milliards de Francs CFA, via son Fonds africain de développement, au Conseil de l’entente, pour financer la réforme du Centre régional de formation en entretien routier (CERFER). Le financement s’inscrit dans le cadre du projet d’appui à l’intégration de la formation (PAIF) dans les métiers de la route, du chemin de fer et des mines dans les pays membres dudit Conseil – Côte d’Ivoire, Bénin, Togo, Burkina-Faso et Niger. Ce financement va permettre de réaliser les modules de la réforme du CERFER, notamment la...
28-Aug-2018

DRC - Project to Support the Alternative Welfare of Children and Young People Involved in the Cobalt Supply Chain (PABEA-COBALT) – ESMP Summary

Despite the existence of significant natural resources (forests, arable land, ores, water resources, etc.), the DRC is still one of the poorest countries in the world and ranks 176th out of 187 countries in the latest Human Development Index (UN, 2015). The poverty rate certainly dropped from 71 % to 64 % between 2005 and 2012, but remains high. In certain provinces of the country, mining activity is the main source of household income due to very low socioeconomic diversification. Work resulting from this activity is very poorly paid and takes place in indecent conditions. In the project...
14-Aug-2018

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...
06-Aug-2018

Nigeria: African Development Bank inaugurates task force on Youth Employment and Skills Development

The African Development Bank in partnership with the Federal Government of Nigeria has inaugurated a Task Force to drive its first Public-Private Round Table on Youth Employment and Skills Development. The Round Table scheduled to take place later this year, will seek to accelerate investment in youth employment and skills enhancement. “The shared commitment to accelerate the pace of job creation in Nigeria must be at the heart of actions and policies to restore growth, whilst combating unemployment and promoting decent jobs, especially for youth and women,” said Nigeria’s Minister of...
28-Jun-2018

African Development Bank ranked 4th best company to work for in Africa

The 2018 Careers in Africa Employer of Choice Survey has ranked the African Development Bank the fourth best company to work with in Africa. Of 100 companies listed, the top four include the World Bank Group, Chevron, Exxon Mobil and the African Development Bank. Over 20,000 African professionals answered questions about employee engagement and employment conditions. Opportunities to learn new skills, quality of healthcare provisions, leadership and opportunities for advancement emerged as key indicators of great employers. Commenting on the African Development Bank ranking,...
07-Jun-2018

We have high hopes and expectations for your country, Adesina tells President of São Tomé and Príncipe

African Development Bank President, Akinwumi Adesina, met with São Tomé and Príncipe President Evaristo Carvalho on Wednesday, just as the Bank’s Board of Directors in Abidjan approved the island nation’s new Country Strategy Paper 2018-2022.  “We have long been a supporter of your country and have great hopes and expectations for it. You have a clear vision for the country. A new Country Strategy Paper was approved, defining our new collaboration. Together we will focus on agriculture, the blue economy, employment for women and youth, and the financial sector.” Carvalho...
06-Jun-2018

African Development Bank Launches Coding for Employment Program: Unleashing Africa’s Next Generation of Digital Innovators

The African Development Bank, together with partners – The Rockefeller Foundation, Microsoft and Facebook – launched the Coding for Employment Program at the African Innovation Summit in Kigali, Rwanda. By training youth in demand-driven Information and Communications Technology (ICT) curriculum and matching graduates directly with ICT employers, this new Program prepares Africa’s youth for tomorrow’s jobs and unleashes the next generation of young digital innovators from the continent. Coding for Employment will create over 9 million jobs and reach 32 million youth and women across...
30-May-2018

African Development Bank to host US $3-million Rockefeller Trust Fund to spur agriculture and youth employment in Africa

The African Development Bank Group has established a US $3-million Rockefeller Trust Fund, a joint effort of the Bank and The Rockefeller Foundation to help spur Africa’s transformation. With this initial endowment, the Trust Fund will support the Bank’s activities particularly with regard to two of its priority areas, also known as the “High 5s(link is external).” Under the Bank’s “Feed Africa” priority, it will support the Leadership for Agriculture (L4Ag(link is external)) Platform, a network of Africa’s Finance and Agriculture Ministers created by The Rockefeller Foundation. Under the...
21-May-2018

Why Africa must trust and support its youth to creatively drive its industrialization

Many young Africans are coming up with innovative solutions to the continent’s problems and should be trusted and supported to drive continent’s industrialization, participants at the 2018 Annual Meetings of the African Development Bank heard in Busan. How to leverage the continent’s youth to accelerate economic prosperity through industrialization was the focus of a session on “Bridging innovation and industry: African youth solving continental challenges.” The President of the African Development Bank, Akinwumi Adesina, set the tone of discussions as by highlighting how young people...
14-May-2018

Le Forum africain appelle à accélérer les actions visant à encourager les jeunes africains à acquérir des compétences numériques pertinentes pour l’emploi

Le Forum ministériel africain sur le thème « Compétences des jeunes et des entreprises à l'ère numérique », qui a porté sur le thème « Exploiter le dividende démographique grâce à l’investissement dans la jeunesse », s’est achevé le 19 avril à Tunis avec une recommandation conjointe majeure, qui souligne la nécessité de veiller à ce que les jeunes africains aient les compétences numériques pertinentes et appropriées (dès leur plus jeune âge) pour se préparer aux emplois de l’avenir. À l’issue de cette réunion couronnée de succès, les gouvernements africains et les...
09-May-2018

Young agripreneurs showcase innovation and entrepreneurship in 2018 AgriPitch competition

The African Development Bank, in collaboration with the Government of Côte d’Ivoire, held an innovation and entrepreneurship competition and an African Youth Agripreneur Forum, or AgriPitch, in Abidjan on April 9-13, 2018. The competition selected the most promising young innovators and entrepreneurs in agriculture and agribusiness and provided competitors with training in innovative capacity. The event, entitled “Technology and Innovation for Youth in Agribusiness”, was organized by the African Development Institute, the Bank’s Agriculture and Agro-Industry Department and the Industry and...
24-Apr-2018

Multilateral development banks present study on technology’s impact on jobs

Rapid technological progress provides a golden opportunity for emerging and developing economies to grow faster and attain higher levels of prosperity. However, some disruptive technologies could displace human labour, widen income inequality and contribute to greater informality in the workforce. Tapping new technologies in a way that maximizes benefits, mitigates adverse effects and shares benefits among all citizens will require public-private cooperation and smart public policy. That is one of the main conclusions of a new study, The Future of Work: Regional Perspectives, ...
18-Apr-2018

African Development Bank, African Institute of Mathematics and Science to transform industry-led research in Africa

The African Development Bank and the African Institute of Mathematics and Sciences (AIMS) have initiated a landmark relationship aimed at building an industry-led research institution in the league of the Massachusetts Institute of Technology. Former President of Nigeria, Olusegun Obasanjo, led a delegation of the High-Level Advisory Council of AIMS to a meeting with the African Development Bank in Abidjan, where a 10-year partnership proposal was made to build mathematical and scientific capacity in Africa, strengthen industry linkages, and create a competitive industrial and innovative...
12-Apr-2018

Invitation to the African Youth Agripreneur Forum (AYAF) and Agri-Pitch Competition: “Technologies and Innovations for Youth in Agribusiness”

The African Development Bank (AfDB), together with the Government of Côte d’Ivoire, is organizing the 2nd edition of African Youth Agripreneur Forum (AYAF) and Agri-Pitch Competition to serve as a platform for bringing together agripreneurs from across Africa and scaling up the scope and impact of their activities. The Forum is expected to attract over 400 participants from across the continent including youth agripreneurs, agribusiness companies, investors, academia and development partners, among others. The AgriPitch Competition will include a three-day (April 9-11) boot camp where...
07-Mar-2018

African Development Bank at the centre of "a great Africa moment": North African Governors

“This is no longer business as usual,” African Development Bank President Akinwumi Adesina, said at the start of meetings with Finance Ministers from North African countries, held at the Bank’s headquarters. He was referring to his promise during last year’s Annual Meetings to cultivate closer interactions with the ministers who serve as Governors of their countries in the Bank. But the President could also have been referring to the sense of urgency gripping the region and the continent at large, as it struggles to keep pace with a booming population of unemployed youth despite robust...