Norman Macrae Youth Foundation NMYF -net of The Economist's pro-youth economist
May 2013: We were at the World Economic Forum in Cape Town presenting on the future of Universities and discussed some of these ideas. Also, we have been hosting the Rockefeller Foundation and the launch of their Digital Jobs Africa initiative to create 1 million digital youth jobs over the next 7-years. They have put $100 million into it. We also just launched our Impact Sourcing Academy with their support. We are working on a massive youth online platform using mobile i will keep you posted on progress
.Rockefeller Foundation invests $100 million in Digital Jobs Africa
Myjoyonline.com - 9 hours ago
Rockefeller Foundation invests $100 million in Digital Jobs Africa.
I truly truly appreciate you both passing on our letter to Prof Yunus. We truly hope he will consider becoming a Patron of these initiatives which will educate a major number of youth and get them into jobs
Prof Yunus is correct in saying it may not make sense travelling to Dakar at this stage for a 1-hour meeting. We will meet together at another Forum somewhere in the world..
|Digital Jobs Africa: The initiative, led out of the Rockefeller Foundation’s Africa Regional office in Nairobi, Kenya, will continue on for the next 7 years and leverage significant funds and support from other stakeholders. Digital Jobs Africa will focus on South Africa, Kenya, Ghana, Nigeria, Egypt and Morocco where Rodin believes DJA will have the "greatest impact" because of growth in its urban population. "For the first time, a majority of people live in cities. Some of the biggest increases in urban population have been seen right here in Africa, with 85% of the population expected to live in cities by 2025, " Dr Judith Rodin, president of the Rockefeller Foundation, said at the launch of the project at the World Economic Forum in Cape Town.
In an era where the current pace of job creation doesn't meet the increased demand for jobs among young people, economic growth initiatives like this will do much to improve the wellbeing of the continent's youth. "Africa's youth population is expected to double to 400 million by 2045 and the working age population is set to exceed China and India by 2050. This combined with the growth in globalisation, urbanisation, digitization on the continent presents both challenges and opportunities on the continent," Rodin said.
In a move to support the creation of digital jobs, the foundation is partnering with governments, development organisations and the private sector to reach their goal.
"The DJA will have three components, namely jobs, training and co-ordination.
"We'll work to create jobs in three ways. By catalysing the social responsibility arm of the business process to motivate industry to employ individuals who would otherwise not have an opportunity for sustainable employment. We are also leveraging the rising demand from African-based companies to train and identify young people of promise and it is an opportunity for governments who are thinking about using e-government platforms to employ these young people.
"This is a win-win for all - cutting costs in many cases by 40%, while increasing incomes for workers by 40% to 200%," Rockefeller related programs: 100 Resilient Cities Centennial Challenge