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African Development Bank Group Partners Government of Tanzania to Launch $54 million Initiative to Drive Job Creation for the Youths in Zanzibar’s Blue Economy

June 12, 2023
Stephen M.Cby Stephen M.C
in Africa
0
African Development Bank Group Partners Government of Tanzania to Launch $54 million Initiative to Drive Job Creation for the Youths in Zanzibar’s Blue Economy

The African Development Bank Group (AfDB) has partnered with the Republic of Tanzania to launch the Skills Development for Youth Employability in Blue Economy project.

This is a project that will enable Zanzibar’s youth to find well-paying maritime and other blue economy jobs.

As part of the launch, the Bank is providing grant financing of $48.65 million for the project, with the Tanzanian government contributing an additional $5.42 million. Meanwhile, both parties signed the grant agreement ahead of the official launch.

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The project will benefit about 43,000 youth (40% of them female) and prepare over 1,500 of them to start their own enterprises. They will be able to improve their livelihoods and spur the creation of new jobs.

Ocean-based activities, including tourism, contribute more than 29% of Zanzibar’s gross domestic product and employ about 33% of its work force. At the same time, 60% of tourism workers in the islands are foreign.

Dr. Hussein Mwinyi, President of Zanzibar, launched the project during a ceremony held at the Golden Tulip Hotel near Zanzibar Airport. Ministers, permanent secretaries, and other senior government officials attended the ceremony, as did representatives of civil society and youth-led organizations.

The President Thanks AfDB for Timely Support

President Mwinyi thanked the African Development Bank Group for what he said was its timely support, which would enhance youth employability and job creation in tourism and in the maritime, and oil and gas industries.

The Skills Development for Youth Employability in Blue Economy project will support the expansion of the State University of Zanzibar (SUZA) through construction of a technology and business incubator at Unguja, the archipelago’s main island.

The incubator will offer training and mentorship to young entrepreneurs, bolstering job creation in tourism, the maritime sectors, and the oil and gas industry. Approximately 400 SUZA academics and lecturers will receive new skills and training.

The project will also help upgrade Karume Institute of Science and Technology (KIST), which will offer courses relating to the oil and gas industries.

In addition, the project will support construction of five vocational training centres in Unguja and Pemba island.

African Development Bank Group Tanzania Country Manager Patricia Laverley acknowledged the Government of Zanzibar’s request for support in addressing the peninsula’s high unemployment, especially among the youth.

Patricia Laverley said the Bank’s presence at the launch ceremony is evidence of its commitment to advance human capital development and help transform Zanzibar’s economy.

The project is aligned with Zanzibar’s 2021 Education Policy and the Blue Economy Strategy.

READ ALSO: OSP Investigations: Charles Bissue Requests Documents From OSP For His Investigation

Tags: African Development Bank GroupSkills Development for Youth EmployabilityTanzanian government
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