In this section:
Education and skills
Africa has a large and growing population with half of its 1.1 billion people under the age of 25 years. If adequately equipped, Africa’s young and growing workforce can become an unparalleled asset for social and economic transformation. In particular, youth empowerment is critical for private sector growth, the expansion of pan-African enterprises, and the development of the next generation of leaders.
As such Barclays Africa is investing $93 million in education and skills across Africa over the next three years, with a focus on initiatives and activities that aim to increase access to quality education, as well as enhance the upskilling of young people to improve their chances of gaining meaningful employment or self-employment.
These expanding initiatives and activities include:
- ReadytoWork, a digital and face-to-face skills-building curriculum that helps individuals obtain the work, people, money and entrepreneurial skills they need to secure employment or start a business. The primary focus of this initiative is to help young people transition effectively from education into the world of work.
- Increasing access to quality tertiary education for young people through scholarship and bursary funds, augmented by bespoke mentoring programmes to help young people effectively pursue their studies.
- Capacity building support for educational institutions (schools, colleges and universities), in order to aid them in their delivery of quality education to young people.