Home Youth empowerment Interview: How the Youth Employment Challenge Fund is creating jobs in Uganda

Interview: How the Youth Employment Challenge Fund is creating jobs in Uganda

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Ms. Patience Kikoni, Country Manager (Uganda) of the Challenge Fund for Youth Employment (CFYE), spoke about the organization’s new initiative to create thousands of jobs in Uganda.

This comes at a time when the youth unemployment rate is high in the country.

Extracts:

What is the main challenge of job creation in Uganda and how can it be best managed?

The challenge of job creation in Uganda is in many ways typical of the sub-Saharan Africa region. It has one of the youngest populations in the world and the working-age population is expected to double by 2040.

With nearly a million entering the labor market each year, it is clear that there are not enough decent opportunities created for Ugandan youth. The impact of the COVID-19 pandemic has increased the vulnerability of young people and women, 90% of whom work in the informal sector.

What is the Youth Employment Incentive Fund?

The Challenge Fund for Youth Employment (CFYE) is funded by the Dutch Ministry of Foreign Affairs and aims to create a prosperous future for 200,000 young women and men in the Middle East, North Africa, the Sahel and South Africa. West and the Horn of Africa region (including Uganda).

CFYE wishes to co-invest in innovative initiatives led by the private sector that allow companies to create or improve employment opportunities for young people aged 15 to 35 (especially women).

What are the main objectives of this fund?

CFYE Youth Action Research found that a significant proportion of young people aspire to be employed in IT, communication, leadership, agriculture, health and advocacy.

Most young people feel that the education they received did not prepare them enough for the job market. Employers also report the need for in-depth training and a lack of soft skills and employability.

Measures are needed both to stimulate economic growth and tackle the skills mismatch in the labor market, so that young people are not left behind.

The Youth Employment Challenge Fund will focus on co-financing initiatives with short- and medium-term impact, which take into account structural obstacles and test innovative approaches that have ripple effects at the systemic / macro level. -economic.

You will soon be launching another call for applications. Who is eligible for this fund?

Our first call for solutions was launched in December 2019. Based on the lessons learned from this first call and the impact of the COVID-19 pandemic on the economy and jobs, the second call for solutions will be more targeted with the key areas of job creation. through agro-industry and the creation of added value, the creation or adaptation to digital jobs and the exploitation of circular economy models for job creation.

CFYE wishes to co-invest in innovative initiatives led by the private sector that allow companies to create or improve youth employment. Projects should result in decent employment for at least 500 young people (aged 15-35), especially young women.

Our 2nd call for solutions will open on Friday December 10, 2021.

What type of solutions are you looking for?

CFYE seeks initiatives led by the private sector in sectors with high potential, which implement sustainable solutions for the creation of jobs for women and young people, and integrate decency of work, aspirations of young people, women’s empowerment, gender sensitivity and other inclusion requirements and compliance with Ugandan labor laws.

CFYE is looking for solutions structured around two windows;

Window 1: Innovative Approaches to Delivering Last Mile Solutions

Last mile digital solutions that use innovative approaches to deliver last mile solutions (products or services) to customers.

These solutions can be cross-sectoral (e-commerce, agro-industry, transport, logistics, healthcare, education, tourism, etc.) and rely on the adoption of technology as a delivery mechanism. Solutions that have important contact points for job creation and offer a balance between urban and rural jobs are encouraged.

As part of this window, applicants will have to demonstrate their potential to create, improve or match at least 1,000 jobs.

Window 2: Contributions to a circular economy

Circular economy models that use innovative approaches and / or new technologies to contribute to a circular economy, implement green approaches, regenerative models of organic waste recovery and demonstrate a potential to integrate the aspirations of young people.

As part of this window, applicants will have to demonstrate their potential to create, improve or match at least 500 jobs.

How does the fund empower and support successful applicants to achieve their aspirations?

In addition to co-investment, the Fund provides technical assistance from the start-up process (helping applicants prepare solid business proposals) to the implementation process.

How do interested applicants get more information about the application submission process?

Interested candidates can consult our website: https://fundforyouthemployment.nl. For more information on the next call for solutions in Uganda, please visit: https://fundforyouthemployment.nl/call-for-solutions-uganda-2021/

See https://fundforyouthemployment.nl/Uganda for more information