Agribusiness could be the next gate to youth employment in Africa

More than ever, African youth have to overcome a long and hard journey to enter the labour market. Out of 11 million young people entering the job market in Africa every year, only 3 million end up in formal jobs and all do not have quality jobs.

Today, about 420 million African young people are between 15-35 years of age.

According to Edson Mpyisi, Coordinator of Enable Youth Programme at African Development Bank, Agribusiness could provide a remedy to the problem of youth employment.

Mr. Mpyisi was speaking at Ministerial Dialogue of the Conference on Land Policy in Africa. “Agriculture on the continent is expected to be a USD 1 trillion value business by 2030. Whichever sector you are working in, whatever policies and strategies you have, you cannot leave the youth out of this”, he said.

Creating decent jobs of many of youths who failed to get an employment several years after graduation is now a top priority of many governments in Africa.

Mr. Utoni Nujoma, Minister of Land Reform in Namibia said that there is an urgent need to develop clear plans and strategies that promote the participation of young people as pivotal stakeholders, actors and partners in policy making processes and sustainable development of their countries.

“The agriculture sector offers more opportunities for youth”, he highlighted, adding that the government of Namibia recognizes agribusiness and land related activities as important to the youth.

Mr. Nujoma said that Youth must be empowered through opportunities to engage in agribusiness enterprises, calling the private sector to enhance skills development, training and mentorship of youth on the continent.

Sharing the experience of Uganda, Mr. Richard Oput of the Ministry of Lands, Housing and Urban Development told the conference that the youth under 30 in Uganda constitutes 77 percent of the population and that 80% of the country’s land is in rural areas.

“It is therefore important our National Land policies address the issue of land governance so that the youth get gainful employment in agriculture sector and other related sectors”.

Mr. Ato Belete Tafere Desta, Head of the National Integrated Land Use Planning and Policy project, under the Prime Minister’s office of Ethiopia stated that over the last 3 decades, his government has put a lot of efforts to mobilize its people in a wide range of programmes and actions. “Incentive mechanisms were developed to accommodate the youth”, he said.

The ministerial dialogue session of the conference concurred that he African youth could change agriculture into agribusiness, a significant sector for Africa’s future employment creation.

Distributed by APO Group on behalf of United Nations Economic Commission for Africa (ECA).

Media files

Download logo

Source:: Agribusiness could be the next gate to youth employment in Africa

      

Categories: AFRICA | Tags: | Leave a comment

Minister Radebe to give update on the NDP youth Ambassadors private sector support

The Minister in the Presidency for Planning, Monitoring and Evaluation and Chairperson of the National Planning Commission, Jeff Radebe will announce support by Liquid Telecom, Cisco and Altron to the National Development Plan (NDP) Youth Ambassadors.

Minister Radebe and the ambassadors met with captains of industry on 1 September 2017 to introduce the NDP Youth Ambassador programme to the business sector and foster a strong relationship on youth entrepreneurship.

The NDP Youth Ambassador programme is an endeavor aimed at providing a platform for young people to share ideas that will take South Africa forward and contribute in stimulating the country’s economy. The programme was officially launched by Minister Radebe on 28 September 2017 in Johannesburg.

Media are invited as follows:

  • Date: Friday, 17th November 2017
  • Time: 09h00
  • Venue: Union Buildings

Enquiries: Tshegofatso.Modubu@DPME.gov.za / 083 276 0786 or Mmabatho Ramompi on 076 4803513 or Mmabatho.Ramompi@DPME.gov.za.

Media to RSVP to
Download logo

Source:: Minister Radebe to give update on the NDP youth Ambassadors private sector support

      

Categories: AFRICA | Tags: | Leave a comment

IMF Team Completes Staff Visit to Angola

  • The Angolan economy is enjoying a mild recovery this year but significant macroeconomic imbalances remain.
  • The new Government is fully aware of the imbalances and has approved a plan to begin addressing these challenges.

An International Monetary Fund (IMF) team led by Ricardo Velloso visited Luanda during November 6-15, 2017, to prepare the groundwork for the Article IV consultation mission expected in early 2018, and to hold preliminary discussions on the new government’s economic policy and reform plans to address macroeconomic imbalances and improve economic growth prospects. At the conclusion of the mission, Mr. Velloso issued the following statement:

“The Angolan economy is enjoying a mild recovery this year but significant macroeconomic imbalances remain. Output is projected to grow 1.1 percent and the external current account to narrow to 5.2 percent of GDP as Angola’s terms-of-trade improved. However, inflation remains high. Despite increased sales of foreign exchange by the National Bank of Angola that reduced net international reserves to US$14.9 billion in October, the spread between the parallel and official market exchange rate remains wide and a backlog of foreign exchange purchase requests in commercial banks still exists.

“Macroeconomic imbalances need to be tackled decisively. The new government is fully aware of the challenges and recently approved a six-month plan (Plano Intercalar) to guide policy actions until the National Development Plan 2018-2022 is unveiled. The mission took stock of recent economic developments, and got acquainted with the authorities’ plans to address macroeconomic imbalances. The Plano Intercalar is adequately focused on the goals of stepping up fiscal consolidation efforts, introducing greater exchange rate flexibility, and improving governance and the business climate to promote faster and inclusive growth as well as economic diversification.

“The mission held fruitful discussions with Minister of State for Economic and Social Development Manuel Nunes Júnior, Finance Minister Archer Mangueira, Economy and Planning Minister Pedro da Fonseca, Commerce Minister Joffre Van-Dúnem Júnior, National Bank of Angola Governor José Massano, and other senior officials of the executive branch. The mission also held discussions with members of the Economic and Finance Committee of the National Assembly, and representatives from the financial sector, the non-financial private sector, the state-owned oil company Sonangol, the sovereign wealth fund, and the diplomatic community.”

Distributed by APO Group on behalf of International Monetary Fund (IMF).

Media files

Download logo

Source:: IMF Team Completes Staff Visit to Angola

      

Categories: AFRICA | Tags: | Leave a comment

South Africa to host SADC ministers responsible for environment and natural resources, fisheries and aquaculture, and tourism

South Africa will host the sectoral joint meeting of SADC Ministers responsible for Environment and Natural Resources, Fisheries and Aquaculture as well as Tourism taking place from 20 to 24 November 2017 in Pretoria. The meeting will comprise a 3 day Senior Officials meeting, followed by the Ministerial meeting on 23 – 24 November 2017.

South Africa is currently chairing SADC and convenes this meeting following successful hosting of the SADC Summit in August 2017.

This meeting will be hosted by the South African Ministers of Environmental Affairs, Agriculture, Forestry and Fisheries as well as Tourism. More than 30 Ministers responsible for these sectors in the various SADC Member States are expected to attend.

The meeting will focus on environment management, implementation of the SADC Law Enforcement and Anti-poaching Strategy, Transfrontier Conservation Areas and will review current status of the wildlife, forestry, fisheries, aquaculture and tourism sectors in terms of implementation of regional projects, programmes and strategies.

Members of the media are invited for accreditation to cover the above meeting. Kindy complete your details on the attached form and send it back to
Download logo

Source:: South Africa to host SADC ministers responsible for environment and natural resources, fisheries and aquaculture, and tourism

      

Categories: AFRICA | Tags: | Leave a comment