Around one-third of African Youth are unemployed and another one-third are vulnerably employed, mostly in the informal sector.
More than 400 million Africans are between the ages of 15 to 35 years.
An immediate investment in human capital, the solution to poverty reduction OsamudiamenKessitonE
This article critically examines the problem of human capital underdevelopment in Nigeria, it's effects of poverty and how to tackle this growing menace.
An immediate investment in human capital, the solution to poverty reduction OsamudiamenKessitonE
This article critically examines the problem of human capital underdevelopment in Nigeria, it's effects of poverty and how to tackle this growing menace.
Working Paper Youth Development In Mena Cities A Crisis And An OpportunityDoug Ragan
This is working paper on youth development in the Middle East and North Africa. Here is the introduction to explain more:
Currently the population of the Middle East and North Africa (MENA) region exceeds 432 million people in 2007, half of them under 24 years of age. The region has the youngest population of any region in the world, the second highest urbanization rate and an annual urban growth rate of 4% in the past two decades, second only to Sub-Saharan Africa (Dhillon, 2009). Over half the populations of Egypt, Syria, Saudi Arabia, and Iraq are under 25 years old, while over 60 percent of Pakistan’s and Afghanistan’s populations are under 25 years old. Over the last few decades, school enrolment rates have risen markedly throughout the region for both young men and women. Yet, even with this increase in the level of education, the recently released Arab Human Development Report finds that youth unemployment presents the biggest challenge to all Arab countries, who have nearly double the global rate. A projected 51 million new jobs will have to be created by 2020 to absorb youth into the labor force. Unemployment also often affects women more than men, with unemployment rates for Arab women being amongst the highest in the world. Data from 2005 shows that the youth unemployment rate for men was 25 percent compared to 31.2 per cent for women. In the region, the female youth unemployment went from a high of approximately 59 per cent in Jordan, compared to 35 per cent for males, to a low of 5.7 per cent in UAE, compared to a male unemployment rate of 6.4 per cent. (UNDP, 2009)
James Thurlow and Valerie Mueller
BOOK LAUNCH
Youth and Jobs in Rural Africa: Beyond Stylized Facts
Co-Organized by IFPRI and the CGIAR Research Program on Policies, Institutions, and Markets
JAN 21, 2020 - 12:15 PM TO 01:15 PM EST
Abstract: Discouraged Youth’ is defined as those youth who are not working even though they have expressed a desire to work, but due to the fact that they felt that undertaking a job search would be a futile effort, have not continued with the effort to seek a job . The magnitude of this crisis is a cause for concern for Mauritius; hence this study was conducted with the objective of creating a deeper understanding of discouraged youth. Primary data is used for this study, and the survey covers a sample of 500 unemployed youth across the island. The probit regression model is used to analyse the determinants affecting discouraged youth. The findings of the study found that age, age2, marital status, gender and tertiary education, area of study based on friend’s opinion, length of unemployment less than 12 months and prior experience have an impact on discouraged youth. From the analysis it was noted that education and training systems should be revisited to bridge the skills gap.
Keywords: Labour Force, Unemployment, Discouraged Youth, Probit Regression Analysis, Mauritius.
The 28th African Union Summit declared “Harnessing the Demographic Dividend through investments in youth” as its theme, which connects the “Agenda 2063” that offers a comprehensive development vision for Africa. Regardless, African youth faces numerous challenges and opportunities in the fields of skills training, technology, entrepreneurship, agribusiness, advocacy, and political involvement. Hopes that Africa’s dramatic population bulge may create prosperity seem to have been overdone. It is time for development economists to look beyond the stylized facts to the dire realities of Africa’s frustrated youth and burgeoning informal economies. Although development economists talk about a demographic dividend for the continent of Africa, however, what the continent has now is not a ‘dividend’ but a youth population ‘bulge’.
https://crimsonpublishers.com/mcda/fulltext/MCDA.000579.php
For more open access journals in Crimson Publishers please click on link: https://crimsonpublishers.com
For more articles on journal of agronomy and crop science please click on below link: https://crimsonpublishers.com/mcda/
DESA News is an insider's look at the United Nations in the area of economic and social development policy. The newsletter is produced by the Communications and Information Management Service of the United Nations Department of Economic and Social Affairs in collaboration with DESA Divisions. DESA News is issued every month.
For more information: http://www.un.org/en/development/desa/newsletter/desanews/index.html
The focus of this Issue Brief is to explore to what extent youth volunteerism
contributes to the economic empowerment of young people in Asia and the
Pacific, due to the skills which may have been developed during volunteering.
The Brief is a result of a desk study on volunteering and youth unemployment and
underemployment throughout the region, accompanied by a number of interviews
with current and former volunteers.
The Issue Brief first breaks down the challenges of youth unemployment,
underemployment and informality in Asia and Pacific, as well as rapidly changing
skill requirements, which are barriers for young people entering the labor market.
The Brief moves on to discuss the various forms of volunteering in the region, as well
as the skills volunteers may develop during volunteering. The last section explores
which of those skills are relevant to employability and labor market access for young
people and discovers the benefits of volunteering for youth entrepreneurship.
A number of recommendations are made on employability including but not limited
to the importance of skill needs anticipation and skills development relevant for
labor market access and entrepreneurship, followed by recommendations for
volunteer serving organizations and volunteers themselves. These include, for
example, to design volunteer programmes to empower women and expose them to
new work environments and for volunteers to volunteer more strategically to expand
social capital and networks, which are crucial for finding employment in markets
dominated by informality
NRC, IRC-KHF and IBC would like to thank the youth who participated in the research and shared their experiences. Without their help we would not have been able to complete the report and ensure that youth issues amongst refugees, internally displaced people and their host communities in the region are highlighted. We would also like to thank the teams in the region who supported the fieldwork and analysis.
Working Paper Youth Development In Mena Cities A Crisis And An OpportunityDoug Ragan
This is working paper on youth development in the Middle East and North Africa. Here is the introduction to explain more:
Currently the population of the Middle East and North Africa (MENA) region exceeds 432 million people in 2007, half of them under 24 years of age. The region has the youngest population of any region in the world, the second highest urbanization rate and an annual urban growth rate of 4% in the past two decades, second only to Sub-Saharan Africa (Dhillon, 2009). Over half the populations of Egypt, Syria, Saudi Arabia, and Iraq are under 25 years old, while over 60 percent of Pakistan’s and Afghanistan’s populations are under 25 years old. Over the last few decades, school enrolment rates have risen markedly throughout the region for both young men and women. Yet, even with this increase in the level of education, the recently released Arab Human Development Report finds that youth unemployment presents the biggest challenge to all Arab countries, who have nearly double the global rate. A projected 51 million new jobs will have to be created by 2020 to absorb youth into the labor force. Unemployment also often affects women more than men, with unemployment rates for Arab women being amongst the highest in the world. Data from 2005 shows that the youth unemployment rate for men was 25 percent compared to 31.2 per cent for women. In the region, the female youth unemployment went from a high of approximately 59 per cent in Jordan, compared to 35 per cent for males, to a low of 5.7 per cent in UAE, compared to a male unemployment rate of 6.4 per cent. (UNDP, 2009)
James Thurlow and Valerie Mueller
BOOK LAUNCH
Youth and Jobs in Rural Africa: Beyond Stylized Facts
Co-Organized by IFPRI and the CGIAR Research Program on Policies, Institutions, and Markets
JAN 21, 2020 - 12:15 PM TO 01:15 PM EST
Abstract: Discouraged Youth’ is defined as those youth who are not working even though they have expressed a desire to work, but due to the fact that they felt that undertaking a job search would be a futile effort, have not continued with the effort to seek a job . The magnitude of this crisis is a cause for concern for Mauritius; hence this study was conducted with the objective of creating a deeper understanding of discouraged youth. Primary data is used for this study, and the survey covers a sample of 500 unemployed youth across the island. The probit regression model is used to analyse the determinants affecting discouraged youth. The findings of the study found that age, age2, marital status, gender and tertiary education, area of study based on friend’s opinion, length of unemployment less than 12 months and prior experience have an impact on discouraged youth. From the analysis it was noted that education and training systems should be revisited to bridge the skills gap.
Keywords: Labour Force, Unemployment, Discouraged Youth, Probit Regression Analysis, Mauritius.
The 28th African Union Summit declared “Harnessing the Demographic Dividend through investments in youth” as its theme, which connects the “Agenda 2063” that offers a comprehensive development vision for Africa. Regardless, African youth faces numerous challenges and opportunities in the fields of skills training, technology, entrepreneurship, agribusiness, advocacy, and political involvement. Hopes that Africa’s dramatic population bulge may create prosperity seem to have been overdone. It is time for development economists to look beyond the stylized facts to the dire realities of Africa’s frustrated youth and burgeoning informal economies. Although development economists talk about a demographic dividend for the continent of Africa, however, what the continent has now is not a ‘dividend’ but a youth population ‘bulge’.
https://crimsonpublishers.com/mcda/fulltext/MCDA.000579.php
For more open access journals in Crimson Publishers please click on link: https://crimsonpublishers.com
For more articles on journal of agronomy and crop science please click on below link: https://crimsonpublishers.com/mcda/
DESA News is an insider's look at the United Nations in the area of economic and social development policy. The newsletter is produced by the Communications and Information Management Service of the United Nations Department of Economic and Social Affairs in collaboration with DESA Divisions. DESA News is issued every month.
For more information: http://www.un.org/en/development/desa/newsletter/desanews/index.html
The focus of this Issue Brief is to explore to what extent youth volunteerism
contributes to the economic empowerment of young people in Asia and the
Pacific, due to the skills which may have been developed during volunteering.
The Brief is a result of a desk study on volunteering and youth unemployment and
underemployment throughout the region, accompanied by a number of interviews
with current and former volunteers.
The Issue Brief first breaks down the challenges of youth unemployment,
underemployment and informality in Asia and Pacific, as well as rapidly changing
skill requirements, which are barriers for young people entering the labor market.
The Brief moves on to discuss the various forms of volunteering in the region, as well
as the skills volunteers may develop during volunteering. The last section explores
which of those skills are relevant to employability and labor market access for young
people and discovers the benefits of volunteering for youth entrepreneurship.
A number of recommendations are made on employability including but not limited
to the importance of skill needs anticipation and skills development relevant for
labor market access and entrepreneurship, followed by recommendations for
volunteer serving organizations and volunteers themselves. These include, for
example, to design volunteer programmes to empower women and expose them to
new work environments and for volunteers to volunteer more strategically to expand
social capital and networks, which are crucial for finding employment in markets
dominated by informality
NRC, IRC-KHF and IBC would like to thank the youth who participated in the research and shared their experiences. Without their help we would not have been able to complete the report and ensure that youth issues amongst refugees, internally displaced people and their host communities in the region are highlighted. We would also like to thank the teams in the region who supported the fieldwork and analysis.
Abstract: Discouraged Youth’ is defined as those youth who are not working even though they have expressed a desire to work, but due to the fact that they felt that undertaking a job search would be a futile effort, have not continued with the effort to seek a job . The magnitude of this crisis is a cause for concern for Mauritius; hence this study was conducted with the objective of creating a deeper understanding of discouraged youth. Primary data is used for this study, and the survey covers a sample of 500 unemployed youth across the island. The probit regression model is used to analyse the determinants affecting discouraged youth. The findings of the study found that age, age2, marital status, gender and tertiary education, area of study based on friend’s opinion, length of unemployment less than 12 months and prior experience have an impact on discouraged youth. From the analysis it was noted that education and training systems should be revisited to bridge the skills gap.
Launch of the Africa's Youth voice Network - United Nations Office of the Sp...Christina Parmionova
To take place in a hybrid format under the theme "Building Tomorrow's Leaders Today: Fostering Youth's Ownership for Africa's Future-Ready Leadership," the United Nations Office of the Special Adviser on Africa (OSAA) is organizing a launch event of "Africa's Youth Voices" (AYV), a network the Office will coordinate to ensure African youth's perspectives are embedded in its policy analysis, advisory and advocacy activities.
Some admirable hallmarks of sterling youths in the contemporary ageSamson Olakunle OJOAWO
The text of a Public Lecture delivered on May 1, 2019 by Professor Samson O. Ojoawo at the 4th Osun Youth Ambassador Award, held at Aurora Event Centre, Osogbo, Osun State of Nigeria
The nature of work is changing both globally and locally here in Nigeria. How can the government prepare its workforce to seize the opportunity that comes with disruption?
There is no simple way to solving the African youth question. This book seeks to make a simple but no ordinary call on all stakeholders to take steps and help solve the youth question across the continent. This is a call, which does not require guns and machetes, but intellectual and moral weapons without which lasting results can never be secured. One other important issue worth mentioning, if even in passing, is the slur of ghettoes. Ghettoes have been known to provide safe havens for criminals and traps for the vulnerable youth especially the homeless, poverty stricken and those from hot spots. Ghettoes do not only provide fertile grounds for criminals, they also provide them with the opportunity to recruit vulnerable youth to their fold. There is no doubt that, policies have no legs to walk on into reality. The traditional track for their movement into reality is through programmes deliberately designed and religiously adhered to. On the other hand, institutions implement programmes. Thus the stronger, effective and resourceful an institution is, the better the programmes are implemented and consequently the effectiveness of the policy in the lives of the intended target. The media, with its reach, the ability to set agenda, and its 'god' status in the eyes of society should attempt to educate the youth on family values to the society. Debates could be generated on the essence of the family unit among others to psyche society up by highlighting the inherent beauty of the family system. The time has come for chieftaincy institution, to reassert its traditional duties to the youth and society. This is a call for grassroot education where chiefs and sub-chiefs would engage their societies in meaningful 'Nim-tree' and Baobab-tree discussions to establish codes and reinstate the position of the family in the society and more importantly to the youth. Two critical programmes, which could provide substantive and long-term opportunities to the youth, should centre on Incubation Centres and National Employment Programme. Traditionally, incubation centres give office space and technical advice in the early years of start-ups with the capacity, by design, to support any area of entrepreneurial direction government policies indicates. The high level of expertise required to successfully manage a business, coupled with the cost of rent, makes it necessary for the government, either singularly or in partnership, to support the culture of the business incubation centres. These incubation centres should be established with the core goal of providing the necessary technical support and protection for young entrepreneurs during the critical early stages of their businesses. As a matter of national priority, African leaders need to build and empower youth entrepreneurs. The issue of job centres with an online option would enhance the job search and security of the youth. That is to say, the government should establish job centres on campuses....
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the what'sapp number.
+12349014282
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the what'sapp contact of my personal pi vendor
+12349014282
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the what'sapp contact of my personal vendor.
+12349014282
#pi network #pi coins #legit #passive income
#US
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the what's app number of my personal pi vendor to trade with.
+12349014282
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfcoingabbar
Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
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Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
2. DEFINITION OF AN AFRICAN YOUTH
Any African between the ages of fifteen (15)
to thirty-five (35) years.
Source: African Youth Charter of the African Union
3. NOTE
Around one-third of African Youth are
unemployed and another one-third are
vulnerably employed, mostly in the informal
sector.
Source: African Development Bank, African Union
More than 400 million Africans are between
the ages of 15 to 35 years.
4. STATISTICS OF AFRICAN YOUTH
MIGRATION
INTERNATIONAL ORGANISATION FOR MIGRATION (2007)
Around 4.6 million African migrants live in Europe. The demographic dynamics indicates that
young people constitute major chunk.
UNITED STATES OF AMERICA CENSUS (2000)
52.4% of African migrants are between 25 and 44 of age.
UNITED NATIONS DEPARTMENT OF ECONOMIC AND SOCIAL AFFAIRS/ORGANISATION OF
ECONOMIC COOPERATION AND DEVELOPMENT (2013)
10.8% of African male migrants are highly educated and 8.8% of African female migrants are
highly educated.
MISSING MIGRANTS (ONLINE, 2017)
24% of migrants deaths in the Mediterranean sea from January to August 2017 are from Sub-
Saharan Africa, 18.2% in 2016 and 32.8% in 2015.
5. EDUCATION FOR AFRICAN YOUTH
Around 49 million African youth were enrolled in African
secondary schools in 2012. Estimates shows that about 30
million African youth graduates from African secondary
schools annually.
Only one-third of secondary graduates gets the opportunity
to further their education to higher level, leaving most of the
left two-third without skills or any means of livelihood.
In 2013, 7.2 million Sub-Saharan youth enrolled in higher
institutions.
Source: The African-American Institute “State of Education in Africa Report 2015”. World Bank
Group “Sharing Higher Education’s Promise beyond the few in Sub-Saharan Africa”
6. WHY AFRICAN YOUTH ARE UNEMPLOYED
PERSPECTIVE OF POLICY MAKERS
“There are number of opportunities for youths in our country. The government is
emphasizing on technical training to ensure the youth have the skills required for
various jobs ”_____State House Kenya (22nd May, 2019 tweet).
“We know that millions of these young people do not complete school, when they do,
they don’t have the skills our economy needs ”______President Cyril Ramaphosa
(speaking at the launch of YES initiative 2018).
“Young people are willing to risk everything to improve their circumstances. We’ve seen
in recent times, high number of them taking harrowing risk around the Sahara Desert
and the Mediterranean trying to reach the mirage of a better life in Europe. What this
means is that if we provide the right environment in Africa, they will make our
continent great ”______President Nana Akufo-Addo (speaking at John F. Kennedy Jr.
Forum at Harvard Kennedy School, May, 2019).
7. PERSPECTIVES OF AFRICAN YOUTH
“Liberia has more literate who only knows our to read and write than educated
people who are knowledgeable and skilled” __Liberian respondent.
“The type of graduates Zambia produces are not innovative and creative”
__Zambian respondent.
“The cause of unemployment is, to whom you know system of employment;
workers that are due for retirement refusing to leave the scene, falsification of
dates of births is very rampant”__ Ghanaian respondents.
“The cause of unemployment is just the employment system, it is locked by certain
politicians, to get employed you need to be known by a high person in government”
__ Democratic Republic of the Congo respondent.
“The job market is very strict towards young job seekers in terms of experience,
this criterion excludes many of us” __ Burundi respondent.
“Government policies does not allow companies to employ; the available resources
are mismanaged” __ Nigerian respondent.
8. SOME POLICIES TARGETING YOUTH
UNEMPLOYMENT
NIGERIA N-POWER VOLUNTEER CORPS, N-POWER KNOWLEDGE, N-
POWER BUILD
GHANA YOUTH IN APPAREL AND TEXTILES, YOUTH IN INFORMATION
COMMUNICATION TECHNOLOGY, COMMUNITY TEACHING
ASSISTANTS, YOUTH IN SANITATION AND COASTAL
ASSISTANTS, YOUTH IN AGRICULTURE AND AFFORESTATION,
YOUTH IN COMMUNITY SERVICE AND SECURITY ETC.
KENYA KENYA YOUTH EMPLOYMENT AND OPPORTUNITIES PROJECT
SOUTH AFRICA YOUTH EMPOWERMENT SERVICE (YES),
ZAMBIA NATIONAL ACTION PLAN ON YOUTH EMPOWERMENT,
NATIONAL YOUTH POLICY
https://www.yea.gov.gh/index.php/yea-modules, http://mis.kyeop.go.ke/
https://www.ilo.org/africa/countries-covered/Zambia/WCMS_391164/lang--en/index.htm,
https://www.yes4youth.co.za/, https://www.npower.gov.ng/n-teach.html
9. CONCLUSION
It is factual that African governments are
not unaware of the prevalence youth
unemployment in the continent and
policies are not deficient in the continent
to mitigate it, but the poor
implementation of policies targeting
youth unemployment.
10. RECOMMENDATION
African government’s should contract the
implementation of employment policies to
private institutions. Private institutions
should supervise the implementation of
policies and the remuneration should
based on the output.