Skills Development, Youth Employability, Entrepreneurship ......Skills Development, Youth...

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Skills Development, Youth Employability, Entrepreneurship and Decent work for all DR. JENNIFER BLANKE VICE PRESIDENT AGRICULTURE, HUMAN AND SOCIAL DEVELOPMENT AFRICAN DEVELOPMENT BANK Presentation made at the ADEA 2017 Triennale on ‘Skills Development, Youth employability, Entrepreneurship and Decent work for all’

Transcript of Skills Development, Youth Employability, Entrepreneurship ......Skills Development, Youth...

Page 1: Skills Development, Youth Employability, Entrepreneurship ......Skills Development, Youth Employability, Entrepreneurship and Decent work for all DR. JENNIFER BLANKE VICE PRESIDENT

Skills Development, Youth Employability,

Entrepreneurship and Decent work for all

DR. JENNIFER BLANKE VICE PRESIDENTAGRICULTURE, HUMAN AND SOCIAL DEVELOPMENT

AFRICAN DEVELOPMENT BANK

Presentation made at the ADEA 2017 Triennale on ‘Skills Development, Youth employability, Entrepreneurship and Decent work for all’

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"Skills have become the global currency of the 21st century”

(OECD 2012)

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12 MILLION YOUTH ENTER LABOR

MARKET ANNUALLY

WITHOUT REQUISITE SKILLS

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Demand side constraints: not enough jobs to

absorb the growing working age population

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Support to skills development,

youth employability and

entrepreneurship especially in

TVET and Higher Education

Priority at the Bank

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Higher Education

Support to higher education, TVET and

scientific research is offered through one

AfDB strategic priority related to “improve

quality of life for the people of Africa”.

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Education

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Education

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HARNESS THE POTENTIAL OF

1 BILLION AFRICANS

US$1.6 BILLION AND BENEFITING

6 MILLION YOUTHS

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Higher Education and scientific

research

39%

to other

levels of

Education

27%

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AfDB support to education has been catalytical for reforms

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• Increasing access to education and higher education;

• Reducing skills mismatch and improving quality and governance;

• Fostering regional integration; and

• Revitalizing scientific research

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JOBS FOR YOUTH IN AFRICA (JfYA)

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Flagship at the Bank!

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108 309

153 626

0 50 000 100 000 150 000 200 000

2016- Jan- 7. Nov

2013-2015

Increasing jobs lenses in project design-Jobs expected from Approvals

84%

16%

Breaking away from just integration of analysis to focus on results

Aligned

non alinged

JfYA aims to accelerate job creation in all Bank projects and create durable market linkages

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Methodology on jobs

measurement under

development

Over 6000 expected

youth apprenticeship

opportunities

Internal capacity

strengthening programme

with ITC/ILO

JfYA Implementation-Status and opportunities for collaboration

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JfYA Rollout and ImpactAdditional Solid Pipeline of UA 2 Billion with Potential to create 7 Million Jobs

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Pipeline projects accompanying the JfYA Strategy

16 countries

61 projects

Estimated budget of UA 2 Billion,

Potential to create about 7 million jobs.

Steps taken for continent-wide expansion

Policy support14%

ICT Development

2%

SME development

(other sectors)45%

Agriculture 26%

Industrialization 13%

Resources by type of projects

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Identification missions:

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Côte d’Ivoire

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Ethiopia

Identification missions:

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Tanzania

Identification missions:

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2 key flagship programs to

improve access to, quality

and relevance of education

systems in Africa

Looking Ahead

Reverse the structural

weaknesses in the education

systems

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Two AfDB Education Flagships

Flagship 1:

Rethinking Education and Learning for Africa’s Transformation (ELAT Programme)

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• AIM: Help African countries rethink their education systems holistically and improve value for money in education expenditures in order to produce skilled graduates to meet

national development needs.

• The Bank stand ready to engage in policy dialogue with its Regional Member Countries, provide fit for purpose technical assistance along with the required knowledge work and

financial support

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• Support African countries’ efforts to develop national STI policies, scientific research, TVET programs, and research to find solutions to national and regional development challenges.

• The aim is for Africa not to be left behind by the fourth industrial revolution. This programme will be anchored in priority sectors such as Agriculture, Energy, ICT, Infrastructure,

Pharmaceuticals, Nutrition, Green and

Blue economies, etc.

Two AfDB Education Flagships

Flagship 2:

Boosting Science, Technology, and Innovation In Africa ( STI Programme)

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Thank you