Zimbabwe:Works beneficiaries earn $31 million and generate 6,000 jobs

To recognize five years of promoting sustainable youth development in Zimbabwe, the International Youth Foundation is honoured to host the Zimbabwe:Works (Z:W) Celebration on September 6, 2017.

Since its inception in June 2012, Z:W has collaborated with 27 local NGO and private sector partners in 12 districts to equip nearly 29,000 young people – more than half of whom are young women – with essential  technical, vocational, financial, entrepreneurship, work readiness and life skills training.

Zimbabwe:Works, supported by the UK Department for International Development (DFID) the Swedish International Development Agency (Sida) and the United States Agency for International Development (USAID),  was designed to address the persistent issues of youth unemployment, poverty, and economic gender disparity by strengthening the capacity of non-governmental organizations (NGOs) and private sector organizations to efficiently and effectively serve young people.

The project has achieved impressive results across its four core components: partner capacity building and gender mainstreaming, enterprise start-up and growth, financial inclusion, and access to formal sector employment. Phase II of the project, which has run from January 2015 to date, produced the following key outcomes:

  • Z:W trained 15,000 youth (68 percent of whom are women) in entrepreneurial skills such as business idea generation, marketing, record keeping, costing and pricing and cash flow planning With newly acquired skills, Z:W participants are running businesses in the retail, agriculture, manufacturing, and information and communication technology (ICT) sectors.
  • Z:W trained 5,200 youth (61 percent of whom are women) to improve work readiness and life skills for professional and personal growth.
  • Through Z:W, 9,000 youth (68 percent of whom are women) received financial literacy training. Additionally, Z:W partnered with Zimbabwean micro credit associations to disburse nearly 5,000 loans worth $750,000 to grow youth-owned businesses.
  • In total, Z:W participants generated $31 million in income and created 6,000 jobs for their fellow youth.

USAID Zimbabwe Acting Mission Director Julie Nenon stated: “USAID is excited to have supported this initiative that provides 29,000 young people with sustainable opportunities to fulfill their dreams.”

Head of DFID Zimbabwe Anabel Gerry said: “The UK remains committed to supporting youth entrepreneurship – out of the 15,000 youth trained in entrepreneurial skills, 68 percent were women, demonstrating how this programme has not only helped young people transition into full-time employment but it has also encouraged young women to forge new paths in non-traditional female occupations such as mechanics and animal husbandry. The UK thanks IYF and key stakeholders for such a successful partnership to strengthen and grow youth-owned enterprises in Zimbabwe.”

Maria Sellin, Head of Development Cooperation, Embassy of Sweden, stated: “This programme has also shown some of the benefits of partnering with private companies. Results show that more than 80 percent of the 1500 youth that took up internships via the programme have now transferred into formal employment.”

Reflecting IYF’s commitment to engage young people, this event aims to bring together public and private sector stakeholders, to celebrate young people’s successes and to promote dialogue that will motivate Africa’s young people, policymakers and business leaders to continue to advance youth development in Africa in the years ahead.

Post published in: Economy

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