AfDB Collaborate Partners To Provide 6m Jobs For Youths
Written by Olarotimi Oshin on March 22, 2023
The African Development Bank (AfDB), in collaboration with other partners, has launched the Investment in Digital and Creative Enterprises (iDICE) programme aimed at creating six million jobs for Nigeria’s burgeoning youth population in the digital and creative industry.
In his address during the launch of the programme, AfDB president, Dr. Akinwunmi Adesina, highlighted the young population as Nigeria’s demographic advantage, noting that, this is not a conundrum that needs to be regulated but an opportunity that needs to be utilised.
Leadership reports that the Investment in Digital and Creative Enterprises (iDICE)
programme has received significant funding, including $170 million from the African Development Bank, $116 million from the French government through Agence Française de Dévelopement, $70 million from the Islamic Development Bank (pending board approval), and $45 million from the Nigerian government through the Bank of Industry (BoI).