AfDB to Create 25 Million Jobs

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President of the African Development Bank Group (AfDB), Akinwumi Adesina

The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has launched the Presidential Youth Advisory Group (PYAG) to provide insights and innovative solutions for job creation for Africa’s youth, as outlined in the Bank’s Jobs for Youth in Africa Strategy (JfYA).

The Jobs for Youth in Africa initiative aims at creating 25 million jobs and impacting 50 million youth over the next ten years by equipping them with the right skills to get decent and meaningful jobs. It is currently the largest effort going on for youth employment in Africa today.

He said, “The target is to help African countries create 25 million jobs in the next 10 years and impact on 50 million young people but what better way to launch that than to have the voices of young people themselves.”

Adesina said rural poverty, unemployment and environmental degradation are the factors responsible for terrorism.

“I do not believe that the future of Africa’s youth lies in Europe but I also don’t believe that it lies at the bottom of the Mediterranean sea. We’ve got to make Africa work”, he said

Nigerians in the group are Uzodinma Iweala, author and son of Ngozi Okonjo-Iweala, former Minister of Finance, and Ada Osakwe, CEO, Agrolay Ventures, Nigeria.