The African Union Summit on Industrialization and Financial Diversification seeks to rally the continent to boost efforts in the direction of turning commitments into motion on accelerating the tempo of remodeling from an import-heavy continent at the next threat of exterior shocks, to an export-heavy and globally aggressive continent. In so doing, Africa will make a considerable shift in lowering poverty, creating first rate jobs for its inhabitants, notably its ladies and youth, and improve the prospects for wealth creation.
Aligned to the objectives of Africa’s growth blueprint Agenda 2063 aimed toward reworking Africa’s economies by way of beneficiation from pure assets, manufacturing, industrialization and worth addition, in addition to elevating productiveness and competitiveness and creating alternatives for Africa’s youth for self-realisation and entry to jobs, the African Union has launched a Youth Essay Contest on Industrialization and Innovation that expands the platforms for co-creation of concepts and actions, for sustainable and inclusive growth on the continent. The essay contest serves to open up dynamic conversations and spur reflection and motion by leaders on addressing points on Industrialisation from the angle of younger folks and push for the much-needed reforms.
Learn the phrases of reference right here. All authors should signal and submit the Attestation of Authorization type. Obtain the shape right here. All essays have to be despatched to [email protected] by the thirtieth of September 2022 at 23:59 pm EAT.
The winner of the Essay contest could have the chance to handle Heads of State and Authorities on proposals, methods and pathways for youth inclusion and engagement on industrialization and financial diversification, that can assist the creation of hundreds of thousands of first rate jobs for the youth, and the uptake of their progressive abilities and technological knowhow. The winner will amongst others be issued with a certificates from the African Union and can current the essay on the Summit in November 2022.
The essay will likely be used as a suggestion, a voice of younger folks and their views on the promotion of Small and Medium Enterprises(SMEs) and Innovation on the continent particularly leveraging from the African Continental Free Commerce Space (AfCFTA). The essay ought to be centred across the Summit theme “Industrialising Africa: Renewed dedication in the direction of an Inclusive and Sustainable Industrialization and Financial Diversification”, and will elaborate the challenges and actions inside the area and options to these challenges. It also needs to embrace one of many following AU Agenda 2063 Aspirations:
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- Aspiration 1: A affluent Africa based mostly on inclusive development and sustainable growth
- Aspiration 2: An built-in continent, politically united and based mostly on the beliefs of Pan-Africanism and the imaginative and prescient of Africa’s Renaissance
- Aspiration 6: An Africa, whose growth is people-driven, counting on the potential of African folks, particularly its ladies and youth, and caring for kids
The African Union Fee is collaborating with numerous growth companions and establishments to arrange the Summit whose final result will likely be anchored on upgrading abilities by aligning training with the precise wants of the labour market; mobilizing monetary assets for Africa’s structural transformation; constructing tender and laborious infrastructure together with power, for Africa’s financial transformation; selling commodity-based industrialization for inclusive development and sustainable growth; deepening continental financial integration; harnessing the alternatives supplied by the Fourth Industrial Revolution; and, amongst others, establishing inside capabilities in Analysis and Growth.
Learn extra in regards to the Summit right here.
