Entrepreneurship

African Entrepreneurship Forum 2021

African Entrepreneurship Forum 2021

The Youth Café was honored to speak at the African Entrepreneurship Forum, that took place virtually on the 30th of November, 2021. The Youth Cafe’s Executive Director, Willice Onyango and a young entrepreneur from our network, Glodine Ndhlovu who is a young business woman and speaker from South Africa

The Role Of Young People In Promoting The Fourth Industrial Revolution In Africa

The Role Of Young People In Promoting The Fourth Industrial Revolution In Africa

The Fourth Industrial Revolution can be described as the advent of “​cyber-physical systems​” involving entirely new capabilities for people and machines. The Fourth Industrial Revolution represents entirely new ways in which technology becomes embedded within societies and even our human bodies. Examples include genome editing, new forms of machine intelligence, breakthrough materials, and approaches to governance that rely on cryptographic methods such as the blockchain. According to the World Economic Forum​, the top three skills required to thrive in 4IR include; Complex problem solving, Critical thinking, and Creativity. These skills are different from the top skills listed by the World Economic Forum in 2015, Therefore; For the youth to be able to contribute to 4IR they need to upskill.

Fostering Jobs, Entrepreneurship And Capacity Development For African Youths | The Youth Cafe

Fostering Jobs, Entrepreneurship And Capacity Development For African Youths | The Youth Cafe

The conference is jointly organized by the African Development Bank, the United Nations Economic Commission for Africa and the United Nations Development Programme, on the theme “Jobs, Entrepreneurship and Capacity Development for African Youths,” The topic aligns with the sustainable development goals on ‘inclusive and sustainable economic growth, employment and decent work for all’.

Advancing Jobs, Entrepreneurship, And Capacity Development For African Youth | The Youth Cafe

Advancing Jobs, Entrepreneurship, And Capacity Development For African Youth | The Youth Cafe

There is no greater asset to Africa than its youth,” a statement that has been repeatedly proclaimed, but the continent still has a long way to go. Despite robust economic growth over the past two decades, a 1 percent increase in growth between 2000–14 was associated with only 0.41 percent growth in employment. This figure suggests that employment stood at less than 1.8 percent a year, far below the nearly 3 percent annual growth in the labor force. If this trend continues, 100 million people will join the multitudes of the unemployed in Africa by 2030.