Nine SADC member states discuss good governance
Africa's strategy for human capital should focus on Africa's youth who do not have basic education and the unemployed being produced at different levels of the education system. Priority needs to be placed on the growing creative sector and ensuring the sustainability of this growing market in Africa.
These were some of the reflections of participants from Malawi, Mauritius, Namibia, Lesotho, Swaziland, Mozambique, Zambia, Botswana and Zimbabwe, who met in Pretoria during a twoday consultative workshop on October 22 and 23, organized by the African Development Bank in collaboration with the Southern Africa Regional Centre, to discuss the Bank's new Human Capital Development Strategy for 2013-2017.
The workshop provided open discussion and feedback on the strategy's three main pillars, namely Skills for Competitiveness and Employment Opportunities; Value for Money and Accountability in Efficient and Inclusive Service Delivery; and Building Inclusive and Financial Social Systems.
Addressing the participants, AfDB Director for Human Development, Dr. Agnes Soucat said, "Human capital needs to be at the core of development planners' agenda in all African governments. One of Africa's biggest challenges is that although governments invest large sums of money in job creation initiatives, it still has not had the desired impact, nor has it achieved the type of growth needed to build an inclusive economy."
The strategy is aimed at identifying key areas for investments in human capital and ways to effectively use the large amount of domestic financing allocated to the development of human capital in Africa - with the objective to build, develop and retain human capital in Africa and promote inclusive and green growth for Africa.