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Africa has a great potential of young workers. An estimated 15 to 20 million increasingly well-educated young people are expected to join the African workforce every year for the next three decades. But the growing level of youth unemployment also becomes a fundamental challenge to many countries. In fact, 60 % of all unemployed people in Africa are under the age of 25.
SIFA - Skills Initiative for Africa is an initiative of the African Union Commission (AUC) and the African Union Development Agency- NEPAD (AUDA-NEPAD) supported by the German Government to strengthen occupational prospects of young people in Africa. Under SIFA, AUDA-NEPAD and KfW support a Financing Facility for Skills Development to provide funding on a competitive basis for the implementation of innovative and sustainable skills development initiatives. The second pillar of SIFA is a technical assistance program supported by GIZ to strengthen private sector engagement. SIFA aims to foster the employment and entrepreneurship of youth, women and vulnerable groups including refugees, migrants and internally displaced persons, the disadvantaged and disabled.
