Citi Foundation And TechnoServe Announce Their Partnership In Order To Tackle Youth Unemployment In Africa
Citi Foundation And TechnoServe Announce Their Partnership In Order To Tackle Youth Unemployment In Africa. The Citi Foundation and the international nonprofit organization TechnoServe announced three new projects to support young entrepreneurs and workers in Africa through the Citi Foundation’s Pathways to Progress initiative.
Over the next fourteen months, the Girls’ Apprenticeship Program (GAP), Pan-African Youth Entrepreneur Development (PAYED), and Mobile Box Shops projects will empower 720 young people in Côte d’Ivoire, Kenya, Nigeria, South Africa, and Uganda to develop entrepreneurial skills and build small businesses.
“The findings of the Pathways to Progress Global Youth Survey are very clear,” said Karim Seifeddine, Citi’s Public Affairs and Government Relations Head, Middle East and Africa in a statement. The Citi Foundation works to promote economic progress and improve the lives of people in low-income communities around the world. It invests in efforts that increase financial inclusion, catalyze job opportunities for youth, and reimagine approaches to building economically vibrant cities.
“Large numbers of young people want to start and run their own business, but often cite a lack of business acumen as a barrier to achieving their goals. Our work with TechnoServe through our Pathways to Progress initiative is addressing these problems head-on by providing young people with the opportunities and training they need to start and run their own businesses successfully. We are proud to support TechnoServe for another year.” Seifeddine added.
