The global youth population (18-29 years) of 1.45 billion constitutes the biggest productive group shaping the world and is poised to take the global economy to the next level.
However, in Ghana and many other African countries, the youth are grappling with unemployment, with all the attendant socioeconomic effects.
Ghana’s official youth unemployment rate in 2024 was estimated to be around 14%.
To increase employment opportunities for Ghanaian youth, the World Bank has identified agribusiness, entrepreneurship, apprenticeship, construction, tourism and sports as key sectors that can be relied upon.
The Bank has also called for more investments in career guidance and counselling, work-based learning, coaching, and mentoring to equip young people with the skills needed for work.
Despite efforts by successive governments in the 4th Republic to address the unemployment challenge, thousands of Ghanaian graduates still face difficulties in getting decent jobs.
The Ghana Job Bank places a premium on addressing the youth employment crisis.
The initiative, which has former President John Agyekum Kufuor as the patron, seeks to empower the youth to become entrepreneurs through mentorship and skills acquisition.
Under two modules —Business Incubator and Smart Youth Programme — we offer training in software engineering, digital skills, cyber security and open data platforms to the youth free of charge.
Young entrepreneurs are connected to venture capital for funding to develop their business plans.
In recent times, Artificial intelligence (AI) has revolutionized job creation, especially in previously unexplored areas. Under the Ghana Job Bank, we are poised to use AI to create new and higher-value jobs for the youth.