In this issue
Peter's Letter
Banking gets bigger
The changing pace of economics
The carrier model – changing to sharing 
Changing face of Gateway in East Africa
Gateway’s Silvio do Carmo appointed to ICT Board of Mozambique
Enabling change through education
 

Enabling change through education

“JA is all about educating and inspiring youth to achieve in a global economy, so it’s really important to involve eminent business leaders who are top of their game. It’s great to have someone like Peter onboard who has excelled in his career.” JA’s purpose and mission Lamech Mbise Vice President, Africa Region

I have been involved with Junior Achievement (JA), which focuses on teaching people the skills to develop their own careers and their communities. Junior Achievement is a global NGO, which has taught more than 50 million students since it was founded in 1919.

Combining theory and “learning-by-doing” approaches, the JA programs are built around three fundamental economic pillars: work readiness, entrepreneurship, and financial literacy. These programs are further aligned with four (of the eight) Millennium Development Goals (MDGs) taking business education to the grassroots level, to schools and communities across the world.
In Africa the statistics starkly illustrate the problem: 50% of Africa’s 900 million people are youth, while of the 310 million African youth, 21% (or over 65 million) are unemployed. A 2005 UNESCO study found that African youth spend 7.5 years in primary and secondary school compared to twelve years for their European and American counterparts.

Over the thirty years since JA was first introduced in Africa seventeen other African countries have joined the movement. In 2008, more than 100,000 African youth benefited from the JA experience, filling the gap between what they learn in school and what they need to prepare for the labour market. There are numerous success stories across the continent, and an evaluation conducted by the Center for Enterprise at the University of Johannesburg in South Africa found that 40% of JA alumni started their own businesses after completing JA.

With the increase in telecommunications the world over, ensuring young people are aware and able to work with information and communications technology, understand what it can do, and apply it to society and business is key. That’s as true in Africa as anywhere else. In addition to concepts of work readiness, entrepreneurship and financial literacy, JA teaches IT and networking skills, which is where we can get involved.

I sit on the Africa board for JA Worldwide - http://www.jaworldwide.org alongside representatives from companies such as Ecobank, Rio Tinto, Barclays, Coca-Cola and Oracle Africa. This year, as treasurer of the Africa board I’ll be continuing to invest my time in supporting the programmes across the continent, and if you would like to get involved alongside, we would be glad to make it happen.

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