OECD Development’s Post

Better skills, better jobs should drive the African governments’ economic transformations by investing in research and development and competitive higher education opportunities. ✅

How can African governments 🏛, firms 🏭 and educational institutions 🎓 support skills development to improve labour market opportunities for youth and boost productivity? Find some insights in our latest #AfricaDevelopment Dynamics report 👉 https://brnw.ch/21wL8va Proud to have contributed to the team effort with colleagues from OECD Development and African Union - Economic Development, Trade, Tourism, Industry, Minerals (ETTIM)

The #AfricanDevelopment Dynamics 2024 report is finally out! 👉 https://lnkd.in/eueuX_dM Check out how African countries can invest in skills development to create jobs, boost productivity and achieve inclusive transformations. OECD Development and African Union - Economic Development, Trade, Tourism, Industry, Minerals (ETTIM).

Our Africa's Development Dynamics 2024 report on "Skills, Jobs and Productivity" is out now! As always, it's fact-packed: - #Education data: years of schooling, funding gap, cost-effective interventions - Analysis of mismatches between skills offered v demanded in the workplace across countries, regions, & sectors - #Digitalskills and #greenskills outlook - Five regional chapters on skills in mining in Central and Southern Africa, renewable energy in North Africa, agri-food in West Africa and digital skills in East Africa #skills #jobs #jobcreation #africa #africadevelopment #transformation

Investing in education and training in Africa boosts earnings and productivity significantly. Education, especially at the university level, has higher private and social returns in Africa than anywhere else. Better-educated workers increase manufacturing firm productivity by up to 48%. Despite this, 68% of self-employed workers in Africa are underqualified for their jobs. It's time to bridge this skills gap for a more prosperous future. African Union #AfricaDevelopment

The interconnected of the world by the internet and the use of technology is a game changer here. This means more remote opportunities than ever for the skilled professionals in Africa who might create other opportunities for the locals with the incomes they produce through internet. Of course, more emphasis on political reforms for competitive higher education is needed.

Did you know that almost 60% of Africa’s workforce is in low-skilled jobs, while only 10% occupy high-skilled positions? Shockingly, in Sub-Saharan Africa, over 50% of those with higher education are unemployed. This statistic underscores the urgent need for a transformation in our education and skills development systems. By blending education with skills training, we can empower individuals, boost economic growth, and significantly reduce unemployment rates. Governments must prioritize integrating these strategies into their economic plans and expand educational opportunities. Together, we can build a brighter future for Africa. Support education and skills development today! #EducationForAll #SkillsDevelopment #AfricaRising

Investing in education and training in Africa boosts earnings and productivity significantly. Education, especially at the university level, has higher private and social returns in Africa than anywhere else. Better-educated workers increase manufacturing firm productivity by up to 48%. Despite this, 68% of self-employed workers in #Africa are underqualified for their jobs. It’s time to bridge this skills gap for a more prosperous future: https://brnw.ch/21wLIpE | OECD Development

What are the courses of unemployment and how can the education system be structured to address the root causes of unemployment among young people in Africa? Unemployment is the absence of opportunities/ jobs for people who are willing and ready to work or when the supply of labor power is more than the number of available openings. some of the causes of unemployment include: 1. Mismatch between the education system and the skills demanded in the job market. 2. Employers are looking for applicants with job experience and this poses a challenge to the young graduates. 3. increase in population leading to increasing in labor supply. 4. Limited access to opportunities especially for those living in rural setups. 5. Lack of skills required in the job market 6. Decline in the country's economy and the global recession. 7. Climate change/ Geographical immobility has greatly affected the agricultural sector which employs a higher number of people. Some of the remedies for unemployment include; 1. Relevant skills development - this includes coming up with a vocational training center that trains young people in hands-on skills like welding and can later be self-employed. 2. Change in the education system - focusing on an education system that trains students on innovation and being job creators rather than job seekers. 3. Industrial collaboration between the education institutions and the corporate industries to make the learners get the exact skills that are required in the job market. 4. Career guidance to students on the best causes they need to pursue according to their industrial needs. 5. Affordability of education to all without discrimination. This ensures that we kick out illiteracy out of Africa. #careerconnect2024 #moulding4work2024 Gladys Njoki Lewnard Aroko

Investing in skills development is essential for bridging the unemployment gap in South Africa. Let's prioritise education and training to equip our workforce for the jobs of tomorrow. #StaffingLogistics #SkillsDevelopment