Africa's general economic performance continues to recover and GDP growth is projected to accelerate to 4.0 percent in 2019 and 4.1 percent in 2020.
The Government of Seychelles has launched a 5-year Policy and Strategy on Human Resources Development (HRD) to support its Sustainable Development Strategy.
Global Platinum Mining to 2022 report has been released providing a comprehensive coverage on global platinum industry.
IFC, a member of the World Bank Group, and the governorate of Marrakesh-Safi have signed an agreement designed to improve the business climate and bolster the competitiveness of local enterprises
The expansion of fast Internet in Africa positively affects employment rates in connected areas, according to research from Columbia Business School.
Close to 90 per cent of applicants that apply to a job position are objectively not a match to the role advertised.
Forty kilometers from the capital, Dakar, a new industrial park has opened.
[Column] Donna Rachelson: Careers of South African businesswomen constrained by unsupportive male partners
A supportive relationship with male partners is a key factor in women succeeding in the workplace. This is a rarity in South Africa and it is negatively affecting women’s careers.
The European Investment Bank has signed a new fifteen year EUR 200 million loan agreement with the African Export-Import Bank (Afreximbank), aimed at supporting trade-related productive investments.
The Board of Directors of the African Development Fund (ADF), the concessional window of AfDB, has approved resources to Ethiopia’s Basic Services Transformation Programme.
Angola Capital Partner (ACP), which manages the investment funds of Norway, has invested $40 million in Angola provinces over the last 10 years.
The South Africa Department of Labour is warning the public against a bogus website doing rounds on social media platforms promising the UIF benefits.
The Director-General of the dti Mr Lionel October said that a key priority of government is to encourage new investment in the economy in order to create jobs that will significantly reduce the levels of unemployment in the country.
A new report dubbed The South African Labour Recruitment Industry has been unveiled with a focus on the complex labour recruitment industry which plays a significant role in the South African economy.
Mercer, a global consulting leader in advancing health, wealth and career, and a wholly-owned subsidiary of Marsh & McLennan Companies, Inc., has announced the results of an extensive study that examines the needs of workers in the world’s fastest-growing cities across four key factors – human, health, money and work.
A senior official of the UN Economic Commission (ECA), has told Cameroon’s development planning and statistics authorities that the law of the market, called ‘the invisible hand’ in economics, cannot by itself promote diversification, industrialization and the structural transformation of the economies.
As the budding automobile company, Dangote Sinotruk West Africa entered another phase in its expansion drive, the Company has said that it was increasing its local input into the assembling plant to up to 60 per cent, even as it plans to roll out commercial vehicles soon.
Nestlé Nigeria has collaborated with Lagos Business School (LBS) to run a Sales Academy to train and equip its employees.
Despite Africa’s impressive growth in past 25 years and its entry into the digital economy, the job market continues to be in a depressed state as youth unemployment continues to rise.
Kenya’s President Uhuru Kenyatta has said the Government will streamline its processes so that it accords Small and Medium Enterprises (SMEs) the support they deserve.
Philip Morris International Inc. has been recognized for the third consecutive year as a Top Employer in Africa, awarding the company’s commitment to creating an excellent work environment for its employees.
One hundred and twenty jobs will be created in the province of Lunda Sul, with the conclusion in December of the current year of an industrial park in the municipality of Saurimo.
Kenya’s largest grower and exporter of rose flowers, Oserian Development Company, has been awarded in three categories of the 2018 Federation of Kenya Employers awards, emerging as the only winner in the horticulture industry.
The African Development Bank’s Fund for African Private Sector Assistance (FAPA), has provided funds totaling nearly US $2 million to its Jobs for Youth in Africa initiative.
Debbie Goodman-Bhyat, CEO of Jack Hammer, the largest independent executive search firm in Africa, says in the past year there has been a 75% increase in briefs from US-based businesses seeking assistance with leadership appointments in Africa.
The Minister of Finance and Economic Planning Dr. Uzziel Ndagijimana and the Ambassador of the Federal Republic of Germany to Rwanda Dr. Peter Woeste, have signed a financing agreement worth €42 million.
Four years after the oil boom ended and Central African countries faced a sudden reverse in their fortunes from the strong growth of the early 2000’s.
The economic well being of any nation rests on the country’s ability the create sustainable jobs for all.
Nigeria’s Gross Domestic Product (GDP) slowed in the second quarter of 2018, according to the National Bureau of Statistics.
The National Union of Mineworkers (NUM) has declared a wage dispute with the Minerals Council of South Africa.
With competition across public and private sector now being driven by innovation, Kenyan institutions have invested heavily in modernizing operations and selling the convenience message to customers.
Safaricom Foundation’s Wezesha programme has partnered with Generation Kenya to equip unemployed youth aged 18-35 with the knowledge, skills and tools required to succeed in a job.
The African Development Bank in partnership with the Federal Government of Nigeria has inaugurated a Task Force to drive its first Public-Private Round Table on Youth Employment and Skills Development.
South Africa’s official unemployment rate increased by 0,5 of a percentage point to 27,2% compared to the first quarter of 2018.
Nestlé Nigeria’s Managing Director and Chief Executive Officer, Mr. Mauricio Alarcon has been appointed as second Vice President of Nigeria Employers Consultative Association (NECA).
IFC, a member of the World Bank Group, is helping Bonne Viande de Madagascar—or BoViMa—build a modern feedlot and slaughterhouse that is expected to help create an export market for zebu beef and goat meat.
Kifle Bantayehu is an Ethiopian entrepreneur, consulting professional and policy strategist. He founded in 2016 Afrinection, a platform that closes several gaping holes in the African employment and investment market.
Afrinection is a free web-based integrated professional networking, jobs, and marketing platform that aims to address the gap of networking among African professionals.
TEMBISA, the Youth Employment Service has launched its first Community Hub, a smart infrastructure solution that aims to address youth unemployment challenges in South Africa.
While the cities of West Africa grapple with large migratory flows, consisting chiefly of young people, they must tackle the many challenges associated with this rapid urbanization.
Kenya Association of Manufacturers and Kenya National Commission on Human Rights have launched the Malindi Public Inquiry Audit Report to establish compliance with the Human Rights Principles and Standards by salt manufacturers.
For South Africa’s youngest citizens finding a job remains an enormous challenge. While the country’s official unemployment rate is now 27.7%, the most affected group by far are young people under the age of 35.
Act4Accountability (ACT4) and the Mastercard Foundation have announced the Diaspora Initiative to Support Youth Training Organizations ("DISYTO") in Nigeria and Uganda.
Amref Health Africa through its WASH program is initiating a new intervention that turns plastic wastes, one of the biggest environmental challenges, to a business opportunity for youth income generating groups
To reduce unemployment in Kenya, the Kenya Association of Manufacturers and GIZ have launched a job portal, a first of its kind in the region.
Thousands of MTN employees in 21 markets across Africa and the Middle East have launched the company’s annual employee volunteerism programme,
African migration could boost growth and positively transform the structure of the continent’s economy, UNCTAD’s 2018 Economic Development in Africa Report reveals.
Avoiding or limiting job losses when companies merge has become a major priority for competition authorities throughout East and Southern Africa.
Representatives from Angola have joined international experts in Geneva, Switzerland to explore the dynamics of trade in services, and consider new ways to harness services trade for more sustainable growth.
East African nations can harness their trade policies to help empower women economically in the region, thanks to improvements in education, employment and other key areas.
IFC, a member of the World Bank Group, and Daltex, an agribusiness producer in Egypt have signed a Memorandum of Understanding to increase economic opportunities for its women employees and smallholder farmers.
The Kenya Chamber of Commerce & Industry has signed a five-year memorandum of understanding with the E4Impact foundation an accelerator that will fund, incubate and mentor 20 local businesses annually.
In 2016, the Kenya Tea Growers Association decried the uncertain future of investment in tea, due to the rising costs of labour.
The Government of Japan has announced that it will fund a project addressing youth unemployment through vocational training and enhanced cooperation with transnational corporations in Liberia’s wood industry.
The Government of Japan has announced that it will fund a project to promote youth entrepreneurship in north-eastern Nigeria.
Sarah Fitzgerald is Managing Director at Executives in Africa, a company engaged in executive and upper management placements in sub Saharan Africa, identifying local African talent, Africans in Diaspora and expatriate managers.
Rapid technological progress provides a golden opportunity for emerging and developing economies to grow faster and attain higher levels of prosperity.
Visa has announced the launch of the first Visa Everywhere Initiative for Sub Saharan Africa to young developers.
Currently, one of the most debated topics influencing innovation is digitization and its impact on the future of employment.
Jackie Macharia, a 26-year-old software developer based in Nairobi, works for a company headquartered in London that sets up solar panels in India.
EU supports South Africa to boost job creation, small business development and improved governance with €62 million package
Commissioner for International Cooperation and Development, Neven Mimica on his official visit to South Africa, met the Minister of Finance, Mr Nhlanhla Nene, and the Minister for Small Business Development, Ms Lindiwe Zulu.
Technoserve’s Mom and Pop Shop projects return up to 41 per cent profit for owners in Nigeria and Kenya
Nonprofit organization TechnoServe has announced the results of the Mom and Pop Shops project, which reached nearly 1,000 owners and employees of micro-retail outlets over two years.
JICA signs $27 million deal with Ethiopia for construction of TICAD Human Resource Development Center for Business and Industry
The Japan International Cooperation Agency (JICA) has signed a grant agreement with the Government of Ethiopia to provide grant aid of up to $27 million, for the Construction of TICAD Human Resource Development Center for Business and Industry.
Global bank Citi has launched its Volunteer Africa programme 2018, returning to Uganda to help a new group of local SME’s and entrepreneurs grow their businesses.
After a few years of sluggish regional growth, Africa’s economies are rebounding, offering a significant opportunity for investors, according to a new study by IFC and the Africa CEO Forum.
Over 60 companies across major Kenyan cities have embraced an innovative digital lunch scheme for their staff in a low cost arrangement hailed as pivotal in boosting staff productivity, retention and companies’ profitability.
IFC, a member of the World Bank Group, has committed to expand support for initiatives in South Africa that help address persistent challenges in job creation, especially for young people and women.
Vivo Energy, Resolution Call, HPS Worldwide, Webhelp, Teleperformance, Comdata, Hilti, Arval, Masen, Chaabi LLD, Nestle, Promamec, Roche, Nomac were awarded the best place to work in Morocco for 2018.
Risk to African manufacturing as operating robots in US set to become cheaper than wages in Kenya within 15 years, report
Operating robots in US factories could become cheaper than hiring workers in Kenya by 2033, new research by the Overseas Development Institute has found.
Vodacom launches future jobs innovation to boost digital economy employability, targets 600,000 South African youth by 2022
Vodacom, through its youth segment platform NXT LVL, has launched a future jobs programme under the banner “What will you be?”
An e-commerce platform has been linking African manufacturers with Chinese customers, and vice versa, for the past few years.
The Board of the African Development Bank Group has approved a loan of US $30 million to support the establishment of Rwanda Innovation Fund (RIF).
Tyre manufacturer Goodyear South Africa has launched an enterprise and supplier development initiative, Umthombo Development Programme.
The capacity for innovation in industry is a key ingredient in the creation of a productive workforce, which in turn increases industry competitiveness.
The world of manufacturing is beginning to realize the value of women’s participation for its advancement, as it transforms through technology and rapid digitization.
Anti-money laundering compliance costs South African financial services companies over $2 billion a year, survey
The true cost of anti-money laundering compliance in South Africa has increased by 14 per cent to $2.05 billion over the past two years, according to a recent LexisNexis® Risk Solutions survey.
Nestlé Kenya has joined thousands other companies from across the globe in signing the UN Women Empowerment Principles as the company commemorated the 2018 International Women’s Day.
The African Development Bank and its East and North African Governors have stressed the need for urgent measures to match the continent’s growing population and youth unemployment.
[Column] Paul Williams: Collaboration, concerted drive could fast-track African digital transformation
Africa appears to be lagging the world by five or six years on average, with some countries as far as 12 years behind the rest of the world.
Novonordisk Egypt awarded the best place to work in Egypt for 2018 by BTPW
N2Growth, a global leadership and talent advisory firm focusing on human and organizational performance has acquired a stake in the Landelahni Group.
African Development Bank and Mozambique sign $29 million grant agreements to finance agriculture and skills acquisition projects
African Development Bank and the Government of Mozambique have signed grant agreements for two operations totaling $ 29 million.
South African organizations continue to report the highest instances of economic crime in the world with economic crime reaching its highest level over the past decade, according to PwC’s latest biennial Global Economic Crime Survey.
In most African countries, a staggering seventy percent of all unemployed citizens are youth in the 18-35 age brackets in a regrettable state of affairs that the World Bank has described as a ticking time bomb.
Teleperformance and Vermeg Tunisia are topping the list of the best places to work in Tunisia for 2018 program, according to the annual Workplace survey driven by the global research firm Best Companies Group USA.
Kenya Association of Manufacturers (KAM) has launched the Manufacturing Priority Agenda (MPA) 2018 under the theme Sparking Kenya’s Industrial Transformation for Job Creation.
The President of the African Development Bank, Akinwumi Adesina, and the Government of Egypt are championing a new push for African countries to work together towards building a new Africa driven by innovation and technology.
MyJobMag has unveiled its free, personalized and unlimited push notification services aimed at helping job seekers and employers searching for the best job alert and best-in-class customer service.
A unique suite of support services is available to power the growth of micro and small enterprises in Africa.
The world of work is evolving, and future-conscious organizations need to be aware of the business implications associated with automation and robotics.
Rwanda Minister of Finance and Economic Planning and Chinese Ambassador to Rwanda have signed an agreement, under which Chinese Government will provide $32 million for the extension of Musanze Polytechnic.
African Union Commission and OECD Development Centre call for tapping immigrants’ contribution to Africa’s economic transformation
The perceptions that international migration is first and foremost a South-North phenomenon and that immigrants cost more than they yield is widespread.
The economic development of any country is highly dependent on good leadership. This is particularly so because the core values of a nation are directly linked to equality and equal distribution of resources.
UK’s £ 211million investment in phase two of TradeMark East Africa to grow exports, create jobs and reduce poverty in the region
Visiting UK Secretary for International Development, Penny Mordaunt has announced a new package of support to TradeMark East Africa for implementation of its Strategy2.
South African CEOs cautiously optimistic about their own company’s prospects for growth in the next 12 months, PwC annual CEO survey
Worldwide the majority of CEOs are optimistic about the economic environment amid geopolitical uncertainty, corporate misconduct and the impact of artificial intelligence on the future job market.
Workfront has announced the expansion of its partner program, the Workfront Partner Network, with the addition of several new partners who will provide solutions and services to support customers across more regions in Africa.
The Islamic Corporation for the Development of the Private Sector and Afreximbank sign agreement to provide sharia compliant financing to SMEs
The Islamic Corporation for the Development of the Private sector and the African Export-Import Bank have signed a line of financing agreement for a $ 100-million facility.
Smart city initiatives are gaining traction in Africa and the Middle East (AME) due to increasing rates of urbanization that has been placing pressure on city services.
The Global Human Capital Index released by the World Economic Forum this year, ranked Kenya at position 78 out of 130, up from position 120 in 2016.
Economic transformation of Africa’s rural areas key to curtailing migration, Africa Development Bank
On the occasion of International Migrants Day, the African Development Bank calls on African countries to reconstruct rural areas from zones of economic misery to zones of economic prosperity.