The Chief Executive of Community and Entrepreneurial Development Initiative (CEDI Ghana), Kingsley Kwaku Pinkrah has signed a Memorandum of Understanding (MOU) with Queen’s University, Leadogo Incorporated in Canada, and JACCD Design Institute Africa to create thousands of jobs for the youth in the country.
The MOU which was signed on Friday seeks to roll out a project dubbed Entrepreneurship Jobs for All (E-Jobs4All).
The scheme when set up will set the youth up to build and grow their businesses.
It will also provide free entrepreneurship online and in-person tuition, an exchange program, and advisory services from Queen’s University faculty members, alumni, and Canadian business experts in the Leadogo Incorporated network. Concurrently, JACCD Design Institute Africa in Accra will host the in-person training.
Speaking at the ceremony, a former UN Senior Economic Advisor, Professor Mohamad Abou Hamia, pledged his support for this project.
“Today's signing of the MoU comes at a perfect time; the world has not fully recovered from the negative consequences of the terrible pandemic that hit us in early 2020. This has led to the ongoing rise in global inflation rates which will soon be followed by a severe recession, and millions of people could lose their jobs, especially in developing countries,” he shared.
The Deputy Minister for Employment and Labour Relations, Bright Wireko Brobbey was grateful to the partners for their support of the project.
“[This] will equip the youth with the requisite technical and entrepreneurial skills to complement the government’s job creation efforts.”
He further stated that the importance of this intervention and the relevance of the project cannot be overemphasised.
“This is because the Ghana Statistical Service per its Seventh Round of the Ghana Living Standards Survey estimates that the formal sector will not be able to generate jobs in the required numbers to absorb the growing labour force. This means that a large proportion of the population would have to be guided into the informal sector which already employs about 85% of the labour force.
Thus, he concluded that beneficiaries of the E-Jobs4All Project would have to be supported to create more employment opportunities to absorb the growing labour force both in the formal and informal sectors of the economy.”
The partners, Professor Greg Bavington, Executive Director of Queen’s University Dunin-Deshpande Queen’s Innovation Centre in Canada, Mr. Matt Hawskley, Chief Executive Officer of Leadogo Incorporated in Canada and Madam Joyce Ababio, President of JACCD Design Institute Africa were delighted for this great partnership which will offer opportunities for young people interested in owning their own business.
The project is expected to be launched soon after which the application portal will be opened for interested youth to apply.
Latest Stories
-
2024 polls: The person I defeated twice can’t succeed me – Akufo-Addo
4 mins -
NBA: Miami Heat beat Boston Celtics to even series
13 mins -
Two sentenced for stealing over 1,000 bags of rice
18 mins -
Zulu monarchy in row over king’s praise singer
21 mins -
Xavi to remain as Barcelona coach until at least June 2025
23 mins -
2Pac’s estate threatens to sue Drake over use of late rapper’s AI-generated voice
25 mins -
Yaw Nsarkoh: The President’s letter on the KPMG (SML) Report
25 mins -
Manasseh’s praise and criticism of Akufo-Addo’s action on the SML scandal
30 mins -
KPMG’s report confirms we haven’t been paid $100m – SML
35 mins -
SML refutes KPMG’s claim of GH¢1bn payment, says it’s inaccurate
41 mins -
Mahama’s speech at Prof Opoku-Agyemang’s unveiling as his running-mate
49 mins -
Asiedu Nketia’s full speech at official unveiling of Prof. Naana Jane Opoku-Agyemang as running-mate
56 mins -
We are committed to helping build a better Ghana – SML
1 hour -
‘They don’t even pick up my calls’ – African Games gold medalist laments over unpaid bonuses
1 hour -
Fifi Kwetey’s full speech at official unveiling of Prof. Naana Jane Opoku-Agyemang as running-mate
1 hour