Skills Without Degree's

SKILLS AND EDUCATION

Africa needs to harness the brainpower of its young and dynamic population to spur a technological revolution, economic competitiveness, and prosperity.

Consequently, the Bank has strategically channelled its investments towards supporting private sector-led education projects such as: establishing centers of excellence in higher education, science and technology, building and rehabilitating science and technology infrastructure and linking it to productive sectors, as well as providing innovative financing for education, including technical vocational training.

The African Development Bank is strengthening Science, Technology, Engineering, and Mathematics (STEM) curricula. It also facilitates the teaching of Information and Communications Technologies in schools to prepare the youth for the digital economy. Through targeted support for quality and employment-oriented technical and vocational education, the Bank contributes to the increase in skilled middle-level human capital across Africa.

As the leading development financing institution on the continent, this will increase the Bank's assistance to Africa for building the human capital necessary for the continent's industrial and economic transformation, as envisioned in its Ten-Year Strategy, and other master plans on industrialization, human capital and youth jobs. These policies are in line with the AU's Agenda 2063 and the UN Sustainable Development Goals.