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.
General Electric Nigeria today released a whitepaper titled "The Future of Work in Nigeria. Bridging the Skills Gap: The Key to Unlocking Nigeria’s Inherent Potential".
The Citi Foundation and the international nonprofit organization TechnoServe have unveiled three new projects to support young entrepreneurs and workers in Africa through the Citi Foundation’s Pathways to Progress initiative.
During this time of economic uncertainty, businesses are leaning heavily on their workforce to ‘ride the storm’ and emerge stronger.
The National Office of Professional Training, in partnership with the Guinean government’s Delivery Unit, completed a training program for business leaders from 25 Micro, Small and Medium-sized Enterprises in the region of Boke, one of the country’s resource-rich provinces.
The Government of The Gambia is aiming to boost foreign direct investment (FDI) and develop entrepreneurship to create jobs and achieve the Sustainable Development Goals (SDGs) by implementing UNCTAD’s Investment Policy Review (IPR) of The Gambia
The President of the African Development Bank Group, 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.
Siemens joins forces with German Development Cooperation to support vocational education and training in Egypt
Advancing their efforts to support Egypt’s vocational education and training, Siemens and the German Development Cooperation have announced a joint commitment to develop Zein Al Abedin Technical School in Cairo,
The Board of Directors of the African Development Bank (AfDB) has approved US$84.3m loan to finance a Skills and Business Development Programme (SBDP) in Rwanda.
Utibe Uko has his mind and eyes set on luring more youth into farming through his enterprise UniQuest Farms & Innovations Centre that besides working in vegetable cultivation, is partnering with young people in Nigeria through Agribusiness Cooperative Development.
The MIT Enterprise Forum Pan Arab and TATWEER Research has announced the three winning teams of the ENJAZI Competition, the first nation-wide entrepreneurship competition in Libya.
More than ever, African youth have to overcome a long and hard journey to enter the labour market. Out of 11 million young people entering the job market in Africa every year, only 3 million end up in formal jobs and all do not have quality jobs.
“In dealing with 34 000 employees nationally, we have seen that rising debt often leads to staff members developing physical and mental health problems, which puts companies at risk of reduced productivity and fraud."
Mastercard is collaborating with Durban-based tech company Spazapp, to bring secure, seamless and convenient mobile payments to thousands of informal traders.
While it's unlikely that a company changing hands would deliberately conceal any employee costs and liabilities from potential buyers, due to the buyer's unfamiliarity with the local employment landscape it is possible to miss some employee costs..
[South Africa] Vodacom, Innovator Trust launch programme to transform unemployed youth to entrepreneurs
Vodacom and Innovator Trust are unveiling the Youth Entrepreneurship Programme (YEP), aimed at equipping local unemployed youth with the requisite set of skills to become cutting-edge entrepreneurs.
COMESA Secretariat has developed a regional Youth Internship and Volunteer Programme whose overall objective is to increase youth employment of decent and productive jobs for young graduates.
COMESA and the International Organization on Migration (IOM) have resolved to give fresh impetus towards the implementation of programmes on the free movement of people across the region.
CNN’s African Voices meets acclaimed Kenyan comedian Eric Omondi as he describes his journey to success and shares his thoughts on the power of comedy.
Authorities in Somaliland, along with the World Bank, have launched the first round of funding in the Bank’s flagship job creation program, the Somali Business Catalytic Fund (SBCF).
Mercer South Africa (Consulting) (Pty) Ltd has entered into a strategic partnership agreement with EZ37 Solutions Limited, a Nigeria based Human Resources firm.
The onset of new technological inventions is always underpinned by ambivalence at best, and at worst, fear and alarm.
Siemens and the German government in $26 million partnership to support occupational training in Egypt
To drive employment opportunities for Egyptian youth, Germany’s Federal Ministry for Economic Cooperation and Development and Siemens have signed a strategic alliance agreement to support occupational training in Egypt.
African Development Bank urges African leaders to make agriculture attractive to young Africans and stem migration
On the occasion of the 2017 World Food Day, the African Development Bank has highlighted how Africa’s food security depends on attracting young people to agriculture and agribusiness.
The Commonwealth Secretariat and the African Development Bank Group (AfDB) have pledged to work closer together to help billions of people.
JTI (Japan Tobacco International) has been officially certified for the first time as a Top Employer in Africa, demonstrating its status as an employer of choice that puts people first.
Philip Morris International Inc. has been recognized for the second consecutive year as a Top Employer in Africa, awarding the company’s work environment and commitment to creating value for its employees.
A multi-million Naira Youth Farming Initiative that will engage teeming unemployed Nigerian graduates in rice farming has been launched by the Dangote Rice Limited in Kogi State.
[Rwanda] National Institute of Statistics puts unemployment at 17 per cent in latest labour force survey
The National institute of Statistics of Rwanda has released the labor force survey. The survey put overall unemployment in Rwanda at 16.7%.
Analysis carried out by the International Transport Workers’ Federation (ITF) has found an emerging pattern of labour rights violations throughout one of the world's most profitable stevedoring companies: International Container Terminal Services Inc. (ICTSI).
Kenya Association of Manufacturers together with UN Women has held the third Women in Manufacturing Forum themed ‘Why gender inclusivity is smart business’ targeting women entrepreneurs.
The African Development Bank (ADB) Group President, Akinwumi Adesina, has concluded his two-day official visit to Niger with a visit to the Kalmaharo Technical High School in Niamey, is supported by the Bank
New AGCO agribusiness course to develop skills and strategic expertise to drive African agricultural prosperity
AGCO, a worldwide manufacturer and distributor of agricultural equipment, is a lead partner in a brand-new training program being established to develop the talent to fill vital junior management roles in African agriculture.
On a continent where unemployment is a major concern, tourism – especially tourism between African countries – is providing hope.
[Bob Koigi] Column: Diversification to new frontiers the magic bullet to fixing unemployment in Africa
Africa’s smallholder farmers are the apex of agricultural output in the continent contributing a staggering 75 percent of all agricultural production and creating millions of jobs in the process.
Entrepreneur training focused on mindset more effective than traditional business skills in West Africa, World Bank study
New World Bank study, jointly released with the National University of Singapore Business School, and Leuphana University reveals that psychology-based entrepreneur training programs are outperforming traditional business trainings amongst microentrepreneurs in West Africa,