Browsing: Sharm El-Sheikh

Climate change COP27 Egypt Sharm El-Sheikh

COP27: Africa’s Struggle to win against the carbon tide

Industry and Trade

COP27 outcomes were far and few for Africa, yet the UN announced an Executive Action Plan for the Early Warning for All initiative, which calls for initial new targeted investments of US$3.1 billion between 2023 and 2027, which is equivalent to a cost of just 50 cents per person per year.  

This warning system comes to address crucial issues of extreme weather conditions such as disaster risk knowledge, observations and forecasting, preparedness and response, and communication of early warnings.

A couple of the notable outcomes for Africa included the continent's rainforest giant, the Democratic Republic of Congo (DRC) collaboration with Brazil and Indonesia, to launch a partnership to cooperate on forest preservation after a decade of on-off talks on a trilateral alliance.…

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African youth to benefit from Microsoft and AfDB coding platform

Africa

The world top-notch technology firm Microsoft and African Development Bank (AfDB) have launched the digital training platform for African youth, named –Coding for Employment.

The platform is expected to provide digital skills to youth.

According to the a statement from the AfDB, the platform was launched during the 2019 African Economic Conference in Sharm El Sheikh- Egypt, with the sole aim of promoting a continuous learning culture among young people and build their capacity to share the future of the continent.

Africa has nearly 420 million youth, which almost one-third of them are unemployed and 10 to 12 million youth enter the workforce every year to find only 3.1 million jobs created, hence—AfDB data show that, by 2050 youth in Africa will double to 830 million.

The African Development Bank Group is Africa’s premier development finance institution, with a rather strong foothold in supporting African nation’s development initiatives. It …