The African Development Bank (AfDB) has laid out a new strategy which seeks to create 25 million jobs and positively impact a total of 50 million youth over the next decade.
The Jobs for Youth in Africa (JfYA) Strategy (2016-2025) highlights Integration, Innovation and Investment as the key strategic areas.
Through the implementation of the Innovation pillar of the JfYA Strategy, AfDB will create roll-out flagship programs in agriculture, industrialiation and ICT as well as an innovation lab that will test, assess, and scale promising solutions to accelerate job creation in Africa.
To facilitate macroeconomic policies that are conducive to jobs for youth, an Enabling Youth Employment Index for Africa is being developed. Mr Akinwumi Adesina, President of the African Development Bank Group said through Integration, the bank will equip itself (projects, staff and systems) and regional member countries by means of financial support and policy dialogues to become engines for job creation. Read more. Source | Daily Monitor