AFRICAN LEADERS COMMIT TO ENSURING GROWTH TO CREATE JOBS FOR YOUTH

About 30 African leaders, including President Nana Addo Dankwa Akufo-Addo of Ghana, have committed to ensuring that economic growth in their countries will lead to a more inclusive economy and create jobs for the youth in the coming years.

In a communique issued at the end of the 27th Africa-France Summit here over the weekend, the Heads of State agreed to the realisation of the commitment within the framework of the International Sustainable Development Agenda.

The Agenda is a follow up to the Addis Ababa Action Agenda on Financing for Development, the United Nations Sustainable Development Goals, and the Paris Agreement on Climate Change and the African Union's Agenda 2063.

With French President Francois Hollande also in attendance, development assistance amounting to 20 billion Euros to participating countries by 2018 was pledged by France.

To this end, the Heads of State and Governments indicated that education and vocational training would receive high priority as they would improve human development and the integration of young Africans in the labour market.

They, therefore, agreed to strengthen the management of education systems on the continent by focusing on quality, particularly by putting in place efficient training and assessment policies, as well promoting top-quality vocational training.

An appeal was made to international partners to increase their support for education and vocational training in Africa, and also for consideration to be given to modern, accessible and vocational content, which meet the needs of the labour market.

The communique also touched on the importance of mobility and the movement of skills on the continent, in order to encourage economic dynamism and innovation. In addition, the importance of innovation and digitization to encourage the diversification of economies was highlighted.

Participating countries at the Summit also pledged to support incentive-based policies to facilitate innovation, including incubator and acceleration programmes for startups and clusters, as well as access to finance and investment capitals.

They (Heads of State) will try to increase links between the private and public sectors in order to speed up the digital transition of economies.

Source: NAM NEWS NETWORK