The Importance of Access to Electricity and Jobs Today, during the discussions at the @youth_energysum and #aef25, the pivotal themes of access to electricity and job creation emerged as key priorities. These two elements are fundamental to driving economic growth and improving the quality of life for millions, particularly in Africa, where energy access remains… [Read More]
Employment
33 Million Jobs and Counting: The Economic Power of Forests
The Economic Impact of Forests Forests play a crucial role in sustaining economies around the world, providing approximately 33 million jobs globally. These ecosystems are not just vital for the environment; they are also key drivers of economic growth, particularly in rural areas where employment opportunities can be limited. As communities rely on forests for… [Read More]
ADB Launches New Strategy to Drive Green Growth in Nepal
Introduction to Nepal's New Country Partnership Strategy The Asian Development Bank (ADB) has introduced a new Country Partnership Strategy aimed at fostering inclusive, resilient, and green economic growth in Nepal. This comprehensive strategy is designed to enhance employment opportunities and support various sectors within the country, ensuring a sustainable future for all citizens. Focus Areas… [Read More]
ADB's Role in Strengthening Early Childhood Education in Georgia
Introduction The Asian Development Bank (ADB) has made significant strides in enhancing early childhood education in Georgia through a recent initiative. This project focuses on the construction of 20 kindergartens aimed at improving the quality of education and overall living standards in the surrounding communities. The Project’s Objectives The primary goal of this initiative is… [Read More]
International Labour Conference in Geneva: A Global Dialogue for Workers’ Rights
The International Labour Conference: A Global Gathering The International Labour Conference is currently taking place at the United Nations in Geneva, bringing together representatives from governments, workers, and employers from around the world. This significant event serves as a platform for dialogue and collaboration aimed at advancing labor rights and improving working conditions globally. Key… [Read More]
World Bank’s Transportation Investments: Paving the Way for Sustainable Progress
The Impact of World Bank Projects on Transportation and Employment Sustainability is a significant goal for development projects worldwide, and the efforts undertaken by various organizations are starting to show promising results. One notable example is the recent projects supported by the World Bank, which have made a tangible difference in transportation access for millions… [Read More]
AfDBAM 2025: Driving Innovation for Africa’s Economic Resilience
Introduction to Africa’s Development Challenges At the upcoming Africa Development Bank Annual Meeting (AfDBAM) 2025, an essential dialogue will emerge around the pressing issues facing African economies today. This pivotal event aims to explore innovative ways to leverage Africa’s capital for sustainable development, especially in the face of increasing economic challenges. The Importance of Leveraging… [Read More]
The Gender Gap in Asia-Pacific’s Workforce: A Barrier to Growth
Introduction In a rapidly advancing region like Asia and the Pacific, one would expect to see equality in representation within the workforce, especially as education levels rise and economies grow. However, the reality remains stark: women continue to be significantly underrepresented in formal employment. This issue not only hinders individual progress but also stifles overall… [Read More]
The High Cost of Cutting Aid: ODA Reductions Threaten Global Progress
Introduction The impacts of deep cuts in Official Development Assistance (ODA) are alarming and pose a serious threat to the well-being of millions around the globe. As nations grapple with financial constraints and shifting political priorities, these cuts risk undermining long-standing efforts aimed at alleviating poverty, enhancing education, and addressing critical health care needs. The… [Read More]
Unifor Condemns Selig Group’s Move to Shift Jobs to the U.S.
Unifor's Stand Against Equipment Relocation Unifor, a prominent labor union in Canada, has voiced its strong disapproval of the recent decision made by the Selig Group, a U.S.-based multinational corporation. This move involves relocating significant industrial equipment from their manufacturing facility in Bradford, Ontario, to a plant located in Chicago. Impact on Workers The decision… [Read More]
IsDB Launches 13th Youth Development Forum: Shaping Futures Through Skills and Innovation
Introduction to the IsDB Youth Development Forum In just a short while, we will kick off the 13th Youth Development Forum hosted by the Islamic Development Bank (IsDB). This event is set to be a significant opportunity for young individuals to engage with a vision for the future that prioritizes skills development, innovative solutions, and… [Read More]
Bridging Brazil’s $593B MSME Financing Gap: A Call for Inclusive Growth
The Crucial Role of MSMEs in Brazil's Economy Micro, small, and medium enterprises (MSMEs) play an instrumental role in Brazil's economic landscape, constituting a remarkable 95% of all businesses in the country. These enterprises are often referred to as the backbone of the economy, generating significant employment opportunities and fostering innovation across various sectors. Despite… [Read More]
New €400M Partnership to Boost Social Infrastructure in Catalonia
Introduction to Our Initiative We're excited to announce a groundbreaking partnership with @COEbanknews aimed at mobilizing up to €400 million for vital social infrastructure projects. This initiative focuses on providing loans to support the construction of sustainable care facilities. These facilities are designed specifically for the elderly and individuals with disabilities in Catalonia, addressing a… [Read More]
New AFD2025 Alliance to Expand Opportunities for Young Refugees in Africa
Introduction At the recent AFD2025 event, we proudly announced a groundbreaking partnership with the organization dedicated to supporting refugees. Our collaborative efforts aim to significantly expand educational and employment opportunities for young Refugee-Displaced Persons (RDPs) across Africa. This initiative is rooted in our commitment to co-create sustainable and inclusive solutions that address the unique challenges… [Read More]
New AFD2025 Partnership to Empower Young Refugees Across Africa
Introduction At the recent Africa Development Forum 2025 (AFD2025), a significant partnership was unveiled between our organization and Refugees. This collaboration is designed to enhance education and employment opportunities for young refugees and displaced persons (RDPs) across Africa. The event marked a crucial step towards fostering sustainable solutions that are inclusive of all communities. Focus… [Read More]
Growing Futures: WAEMU Champions Youth Employment in Agriculture
Understanding Our Commitment to WAEMU In recent years, the West African Economic and Monetary Union (WAEMU) has been at the forefront of a significant initiative aimed at transforming the agricultural landscape for the region's youth. Recognizing the vital role that agriculture plays in the economy, our work focuses on creating pathways for young people to… [Read More]
MENA’s Informal Sector Powers Up to 80% of Workforce in Some Countries
Understanding the Informal Sector in the MENA Region The informal sector plays a crucial role in the economies of the Middle East and North Africa (MENA), representing a significant portion of both output and employment. Recent studies indicate that this sector accounts for about 10-30% of overall economic output, while it employs between 40-80% of… [Read More]
Empowering Growth: How Small Businesses Drive Jobs and Prosperity in Jamaica
The Importance of Small Business Growth in Jamaica In recent years, small businesses in Jamaica have been playing a pivotal role in driving economic growth and creating jobs. As these enterprises flourish, they not only expand their own reach but also contribute significantly to the overall health of local economies. Access to Finance One of… [Read More]
AfDB Backs Zambeef with $32 Million Guarantee to Boost Zambia’s Food Production
Introduction The African Development Bank (AfDB) has recently announced its support for Zambeef, a major player in Zambia's agricultural sector, by providing a $32 million local currency guarantee. This initiative is part of a larger $100 million expansion plan aimed at significantly enhancing food production in the region. Doubling Production The substantial investment by the… [Read More]
Graduates and Employment: Understanding the 77.6% Success Rate Across Fields
Introduction Recent findings reveal that a significant number of young university graduates, approximately 77.6%, secure jobs that match their qualifications. However, this impressive statistic is accompanied by notable variations across different fields of study. Understanding these differences is crucial for students as they navigate their academic and professional paths. Job Placement Insights The U-Ranking study,… [Read More]
Revitalizing Employment and Services: A Call for People-Centered Reform
Introduction In today's world, the demand for jobs and services that cater to people's actual needs is more crucial than ever. Unfortunately, both markets and institutions often fall short of delivering what individuals truly require to thrive. This gap in service and opportunity highlights the urgent need for reform. The Call for Reform A recent… [Read More]
Tunisia’s Post-Arab Spring Journey: Advancing Democracy and Governance
Understanding the Government of Tunisia The government of Tunisia plays a crucial role in shaping the nation's political landscape and social dynamics. Following the Arab Spring in 2011, Tunisia underwent significant transformations aimed at enhancing democracy and governance. Political Structure Tunisia is a semi-presidential republic where the President acts as the head of state and… [Read More]
Beyond Relief: Strengthening Local Agriculture for Lasting Food Security
The Importance of Investing in Local Agriculture Humanitarian food relief plays a vital role in saving lives during crises. However, it is essential that we don’t rely solely on such temporary measures. To achieve long-term food security, we must also focus on strengthening local food production systems. Investing in agriculture today is not just a… [Read More]
