OECD Development’s Post

🌍Young people in sub-Saharan Africa are often inadequately trained, underemployed, and work in low-paid jobs offering poor conditions. A key instrument of active labour-market policies and German development cooperation must be, as such, improved employment training tailored specifically to the needs of companies in order to place people in "good jobs." But why exactly do training programs hardly create any jobs? 🔴On the one hand, it can be fundamentally stated that new jobs are not created by training programs, but when companies create new jobs or when conditions are favorable for self-employment. Positive employment effects from training programs can therefore only be expected where there is a shortage of workers with the skills taught - this shortage can vary between sectors or regions of a country. 🔴On the other hand, positive employment effects - in the presence of a "skills shortage" - can only occur if a program successfully imparts skills and if these skills are relevant for success on the labour market. Many programs fail to teach such relevant skills, for example because the training institutions are unable to offer high-quality courses, because the program duration is too short, or because the participants do not have the necessary basic education. #development #africa #jobs #training #vocationaltraining -> according to the research done by GIGA -> German Institute for Global and Area Studies

I am thrilled to announce the publication of our research article titled "Empowering Saudi Youth Through Effective Vocational Training: Role of Innovation and Entrepreneurship Culture”. The article is open access using this link: https://lnkd.in/g3gsCe_f #SaudiArabia, #PublishedPaper, #Research, #EntrepreneurshipCulture, #Innovation, #Training, #EntrepreneurialDevelopmentProgram

A rising working-age population. Abundant resources. Boundless creativity and energy. Sub-Saharan Africa could be a key driver of global growth. Since 2013, the Africa Training Institute has been helping the region achieve its goals by training the next generation of economists.

🌍🚀 Empowering the Youth of Africa and Kenya through Skill Development 🇰🇪🌟 In the heart of Africa, a powerful transformation is underway. The youth are the future, and skill development is their guiding light. 🌠 Africa, Nigeria and Kenya in particular, are brimming with untapped potential. To unlock this potential, we must prioritize skill development. Here's why: 1️⃣ Economic Growth: Empowered youth drive economic development. When equipped with relevant skills, they become entrepreneurs, innovators, and leaders in diverse sectors. 2️⃣ Job Opportunities: Skill development creates job opportunities. It bridges the gap between education and employment, ensuring a brighter future for the youth. 3️⃣ Global Competitiveness: A skilled workforce enhances Africa's competitiveness on the global stage. It attracts investments, fosters innovation, and builds a brighter future for our nations. Let's invest in education, vocational training, and mentorship to nurture the talents of Africa's youth. By doing so, we can secure a prosperous future, not just for the youth but for the entire continent. 🌍💪 Would you like to know more about the topic? Head over to our website https://www.fea-ev.com/. #Future #Empowerment #Africa #sustainabledevelopment #education #YouthEmpowerment #AfricaRising #KenyaSkills #FutureLeaders

The skills training sector in South Africa is a vibrant field brimming with opportunities for businesses. With a focus on reducing the poverty gap and addressing the skill shortage, the sector is pivotal in shaping the country's economic trajectory. It encompasses a range of institutions, from universities to private training providers, all working under regulatory bodies like the Department of Higher Education and the National Skills Authority to ensure quality and relevance of education. Investment in skills training is not just a corporate responsibility but also a strategic business decision, as it can lead to improved performance, lower staff turnover, and the cultivation of effective leaders. Moreover, the government's commitment to skills development, as evidenced by initiatives like the National Skills Fund's R800 million investments in digital and technology skills training, underscores the sector's potential for growth and its role in economic recovery. For entrepreneurs and existing businesses, this translates into a fertile ground for innovation and expansion, particularly in areas that align with the country's strategic goals, such as digital transformation and vocational training. Contact us today for assistance with open a training institution...

In a country where youth struggle to find sources of income, a new generation of young Yemenis is spearheading the development of an entrepreneurial ecosystem, catalysing change and creating opportunities for their families and communities. For M.K., a Mustaqbalak Project Trainee in Yemen, the training has provided an excellent opportunity to grow: "Participating in the program has significantly increased my awareness of the labor market. Financially speaking, I learned how to determine the appropriate costs for the service that I provide. I also learned how to be more confident in myself and in my work." "Furthermore, I developed negotiation skills as well as public speaking techniques. Thanks to the new skills I acquired, I was able to increase my income while being able to manage it more efficiently." Mustaqbalak Project: Financial Inclusion and Economic Opportunity to Build Your Future in Yemen is funded by Silatech and implemented by Education For Employment - Yemen EFE-Europe and @alamalbank. #yemen #youth #entrepreneurs

Africa needs to invest in education and skills training to keep pace with the 21st century, Economic Development, Tourism, Trade, Industry, and Mining (ETTIM) Commissioner Albert Muchanga said. the commissioner emphasized the dangers of Africa falling behind in digitalization and artificial intelligence, stressing that Africa must not be left behind. According to him, the crippling burden of debt servicing in many countries also undermines investments in education and health. Noting that many Africans lack access to quality education due to various circumstances, he stressed the need for inclusivity. In the world of today, where change is the only constant, learning from the cradle to the grave is key to having a high quality of life, the commissioner stated. "This means that lifelong learning is not a luxury, it's indispensable. And for our children of today and tomorrow, education equips them employability, including self-employment; and this is of great relevance," he elaborated. The skills mismatch in Africa's workforce is 15.8 percent, Muchanga revealed, adding that businesses cite inadequate education as a major constraint, and nearly half of young people feel their skills are not aligned with available jobs. "The quality of education in Africa must (therefore) meet the minimum global standards. If its relevance is to go beyond our borders in this world of interdependence, countries will continue to depend on each other through migration, even as we undergo the disruption of global supply chains and the consequent fragmentation of international trade," he elaborated. Additionally, Africa's rapidly growing young population is outpacing job creation, with many youth unemployed, uneducated, and untrained. Muchanga highlighted the unique challenges of Africa's economic transformation, which differs from traditional models. Unlike other regions, Africa's low productivity necessitates specific skill development strategies focused on foundational, soft, and technical skills relevant to its growth sectors like agro-industries ICT, and tourism. The commissioner emphasized the need for continental qualification frameworks to facilitate regional integration and mobility of skilled labor, and called for increased investments in research and development, savings, and export diversification to drive inclusive growth and sustainable development. With Africa's share of global trade currently at a meager 2.8 percent, Muchanga concluded by urging African countries to devise skill development policies that cater to their entire populations and prioritize productivity-oriented training. Only then can Africa harness its youthful potential and claim its rightful place in the globalized economy, he underscored. Moreover, the AU Commissioner dwelt upon the activities of the Department of Economic Development, Tourism, Trade, Industry, and Mining has been undertaking towards contributing to education, with a focus on human capital development.

🌟 Elevating Algeria through Education 📚 Investing in education is the cornerstone of a thriving nation. Algeria, with its rich history and promising potential, stands at a pivotal juncture. By prioritizing education, we're sowing the seeds of progress and prosperity. A robust educational system fosters a skilled workforce, driving economic growth and innovation. It empowers individuals, unlocking their potential to become leaders, entrepreneurs, and catalysts for positive change. Moreover, a well-educated populace is the bedrock of a strong civic society. It encourages critical thinking, fosters inclusivity, and promotes social cohesion. It equips citizens with the tools they need to navigate an ever-evolving global landscape. Let's envision an Algeria where every child has access to quality education, where knowledge becomes a beacon of hope, and where the future is shaped by empowered minds. Together, we can forge a path towards a brighter, more prosperous Algeria. 🇩🇿📖 #EducationForAll #EmpoweredAlgeria #ProgressThroughEducation

Today's enlightening conversation with Santina Majengo Benson sparked a profound reflection on the persistent skills gap in our country. It brings to mind a thought by Mike Rowe: "The skills gap is a reflection of what we value. To close the gap, we need to change the way the country feels about work."   The disparity between the evolving requirements of our workplaces and the static nature of educational training stresses an urgent need for reform. It's high time we foster an environment where technical and vocational training is esteemed as highly as university degrees. This shift is essential for creating a workforce capable of propelling our nation towards its economic and social aspirations.   There's a pressing necessity for a symbiotic partnership between employers and educators to bridge this gap. Such collaboration is crucial for developing a curriculum that not only meets the current demands of the job market but also anticipates future needs. By doing so, we can equip Tanzanian youth with the skills necessary to drive sustainable development and ensure a prosperous future for all.   What do you think should be done to equip Tanzania with skills fit for the jobs of future? #SkillsGap #TechnicalEducation #InclusiveDigitalEconomy #Tanzania #FutureOfWork #industrialization

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).