African Development Bank, Organisation for Economic Co-operation and Development, United Nations Development Programme
The annual African Economic Outlook (AEO) monitors the continent’s state of affairs using a collaborative approach. The AEO assesses the recent economic and social situation in Africa, projects likely developments for the near future and explores a special theme on the structure of African economies. The AEO 2017, the 16th edition, examines entrepreneurship and industrialisation in Africa. The report results from a unique partnership between three international organisations: the African Development Bank, the OECD Development Centre and the United Nations Development Programme.
These days, Abdel Hameed Sharara is a talented young entrepreneur whose determination is a source of motivation to everyone around him. But starting out with a misguided aspiration to attend law school, he was a perfect example of someone with untapped potential living in a region with diverse opportunities that cannot be accessed due to a lack of business education.
The governments of eight Commonwealth island countries in the Pacific have resolved to implement policies that will enable more young people to become entrepreneurs and job creators rather than job seekers. Youth unemployment in the Pacific today stands at 23 percent with young people up to six times more likely to be jobless than the rest of the adult population.
Across Africa, the appetite for farming and venturing into farming as a business is evident. From Namibia to Zambia to Botswana, young people are flocking into agribusiness. Governments and business entities are responding to their interest. In Nigeria, for instance, the federal government, in partnership with the African Development Bank, is preparing to launch an ambitious 280 million Enable Youth Programme. It is an initiative that hopes to fund over 1000 youth-led agricultural enterprises in an effort to continue making agriculture attractive to youth.
LAPO Institute for Microfinance and Enterprise Development
Aug 23, 2017 (All day) to Aug 24, 2017 (All day)
The Conference on Microfinance and Enterprise Development (CMED) brings together academics, practitioners and policymakers from within and outside Nigeria to examine the current state of microfinance and enterprise development, with a v
Africa is the youngest continent with almost 200 million people in the age group of 15-24 years. The recent decades have seen entrepreneurial activity heating up across Africa leading to increasing number of youth from this age bracket taking the entrepreneurship plunge and moving from being job seekers to job creators. These youth entrepreneurs are exhibiting increasing risk propensity and heightened responsiveness to emerging entrepreneurship opportunities.
In the context of global concerns about the economic exclusion of youth, efforts to facilitate youth access to decent jobs and financial services have become a development priority. This is particularly the case in the Middle East and North Africa (MENA) region, where continued growth of the youth population has exacerbated pressures on education systems and labor markets. This has contributed to poor labor market outcomes for young people, increasingly characterized by high unemployment, underemployment and informality.
While education has for years been at the forefront of the global development and social agendas, its place on the diplomatic agenda has arguably been less prominent. As such, ’Education Diplomacy’ is an idea whose time has come.
For the more than 1.2 billion people in the world living without electricity, lighting at night is a huge challenge. Many rural homes rely on kerosene lamps, which cast poor light, can be toxic to their users and, when knocked over, burn some 2.2 million children a year. Among the world’s poorest people, purchasing kerosene can consume up to a third of their total income.