By Africa Development Bank
AfDB sponsored 30 young african entrepreneurs and 25 young researchers to attend the 6th Tokyo International Conference on Africa Development (TICAD VI) Africa Youth Entrepreneurship Workshop which lasted 4 days and culminated with an address by the Cabinet Minister of Youth Mrs Cecily and President of the World Bank Dr Adessina. Violet Mbiti the founder of Youth County Projects Kenya and Vijana Network International Limited was among the entrepreneurs selected to be part of the workshop.
The African Development Bank (AfDB) President, Akinwumi Adesina, has addressed the challenge of creating jobs for youth in Africa, while outlining a number of initiatives the Bank is undertaking to stop the unemployment crisis from complicating Africa’s current security challenges.
“The future of the African youth lies in a prosperous Africa, not at the bottom of the Mediterranean Sea. Africa hosts the world’s youngest population,” President Adesina told an Africa Youth Entrepreneurship Forum at the Sixth Tokyo International Conference on African Development (TICAD VI) in Nairobi, Kenya, on Sunday, August 28, 2016.
The Forum, under the theme, “Catalysing the Next Generation of Africa’s Youth Entrepreneurship for Sustainable Industrialisation,” focused on the steps required to turn the agriculture sector into a centre of economic growth and industrialisation.
Addressing the Forum, President Adesina pointed out a number of approaches the Bank has undertaken recently to create jobs and end the potentially dangerous consequences of youth unemployment, including the uncontrolled migration, radicalisation of the youth, and the loss of Africa’s growth esteem. These include the Jobs for Youth in Africa (JfYA) Strategy, designed to create 25 million jobs and positively impact 50 million youth over the next decade. The Bank has also embarked on the ENABLE (Empowering Novel Agri-Business Led Employment) Youth initiative, which aims at promoting youth entrepreneurship in agriculture and agri-business.
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