Telecom
IYF, Google.Org Partner to Empower Youths with Digital & Entrepreneurial Skills in Nigeria, South Africa & Kenya
International Youth Foundation (IYF) and Google.org have joined hands to provide young individuals in South Africa, Kenya and Nigeria with digital and entrepreneurial skills to enable them secure alternative sources of livelihood.
IYF South Africa with the support and funding of Google.org is currently deploying various programs for young people in the three African countries, which has had an impact in providing them access to digital and entrepreneurial skills. Through its high impact training, IYF South Africa is making a substantial contribution to enabling young people with key skills to develop their entrepreneurial skills through continuous investment made by organizations in IT across all sectors.
Since its inception 30 years ago, IYF has been able to reach 7.7 million young people while working with more than 600 local partners in over 100 countries.
Participating youth are taught business, technical, and life skills as part of the Skills for Success (S4S) program. This will result in an increased demand for highly skilled youth in the IT sector as well as the move towards development of curricula that reflects constant innovation and change that is occurring in the IT field, as a result young people will need IT skills to be successful in a variety of careers.
The IYF is cultivating future industry leaders in Africa as graduates from this program emerge with improved skills, which increase their employability. In addition, Skills for Success is positively changing lives and communities through its placement partners, who provide work opportunities for newly qualified youth.
Speaking on the program, Anusha Naicker, Country Director, IYF South Africa, asserts, “The entrepreneurial component of the program provides guidance and business acumen that are essential for business success. As a result, there is growing confidence among young African entrepreneurs that they can start a business that solves many of the challenges facing their communities.”
Entrepreneurship is marked by job creation rather than job seeking and is one of the most sought-after career paths for young people. The entrepreneurial career path creates meaningful and rewarding opportunities for youth and is therefore a great way for the young generation to explore their areas of interest. Entrepreneurship offers innovative solutions for economic growth and can be a powerful tool to help fight youth unemployment, particularly in developing countries.
“This program taught me the basics of UX design, the design thinking process, how to build prototypes for testing with users, conduct UX research, and design responsive websites. With this knowledge, my design skills keep improving daily, and I can see myself making a living doing what I love,” says Diane Shamaki, a learner from Nigeria (Paradigm Initiative).
Sub-Sahara Africa has the youngest population in the world, in the next 30 years, 60% of Africans will be under the age of 25. Having a young population brings many opportunities for economic growth and innovation, if these opportunities can be recognised and utilised. Youth demonstrate the necessary qualities and mindset to succeed as entrepreneurs, their intuitive ability to navigate technology makes entrepreneurship an ideal career option, given the impact technology will have on entrepreneurial growth.
To succeed as entrepreneurs, they often need to complete training to develop competencies and skills. Skills development programs that offer skills training and could be applied after completion of the program are highly attractive to youth. These programs are one of the avenues used by youth to rise above poverty, inequality and barriers to opportunity, transforming and upskilling Africa.
Given that unemployment is on the rise in Sub Saharan Africa, young people are becoming more robust in seeking alternative opportunities to secure livelihood.
Many learners have pursued entrepreneurial career paths after completing the program, with at least 40% finding employment in all three countries. It takes perseverance, networking skills, and passion to succeed as a young African entrepreneur. Undoubtedly, entrepreneurship is a powerful tool for empowering young people by celebrating their creativity and technological aptitude.
Entrepreneurship among youth is praised not only for its ability to create jobs and empower young people but also for its ability to integrate young people into society, especially those with fewer opportunities. In addition to providing young people with the necessary skills and experiences to thrive economically, youth entrepreneurship also contributes to their countries’ prosperity.
A powerful tool for addressing the rising youth unemployment rate is using micro, small, and medium-sized businesses, which make up 95% of all firms and create 80% of all jobs in Africa. The micro, small, and medium enterprise sectors include a significant portion of young entrepreneurs.
The World Bank claims that young people frequently work in sectors that are expanding quickly and are more likely to hire their peers. When youth-led businesses have the right knowledge, skills, mentorship, funding, and supportive policies, they can grow economies and create jobs.
IYF is honoured to contribute to fostering the conditions necessary for young people to engage in entrepreneurship and raise living standards in their communities and families.
Telecom
GSMA Report Highlights Telecom Sector’s Contribution to Nigeria’s GDP
A recent Groupe Spécial Mobile Association (GSMA) digital economy report has cast a spotlight on the significant contributions of Nigeria’s telecom sector to the nation’s GDP, highlighting its crucial role in driving economic growth and development.
Released amidst growing interest in the Nigerian telecom landscape, the report provides a comprehensive analysis of the sector’s impact on the country’s economic metrics. Key findings reveal that in 2023 alone, the telecom sector directly contributed 8% to Nigeria’s total GDP. However, when factoring in the wider ICT industries’ value-added contributions, this figure surged to an impressive 13.5%.
Beyond mere numbers, the report delves into the intricacies of the telecom sector’s influence on various economic sectors. It elucidates how the mobile industry’s cumulative contribution to Nigeria’s GDP reached an estimated 20 trillion NGN in 2023, accompanied by substantial tax revenue contributions totalling 2.8 trillion NGN. Such figures further highlight the sector’s role in driving fiscal revenues and national economic stability.
Moreover, the report sheds light on the transformative potential of the telecom sector in enabling digitalisation across key industries. Projections indicate that by 2028, sectors such as agriculture, manufacturing, transport, trade, and government are poised to witness a remarkable GDP increase of approximately 2 percentage points.
This surge is expected to generate an additional NGN 1.6 trillion in tax revenue, marking a significant milestone in Nigeria’s quest for economic diversification and resilience.
“The telecommunications sector is the backbone of the digital economy. We have a strong appreciation of the fact that if we are able to improve the business environment and invest in the sector, we can continue to improve the level of productivity.
A country like Nigeria has significant opportunities to contribute to the world, but this is impossible without diversifying the economy”. Dr. Bosun Tijani, Minister of Communications, Innovation and Digital Economy added.
The report also highlights the vital role of 5G networks in enhancing operational efficiency across sectors through real-time data transmission and remote monitoring.
It spotlights the immense potential of digitalisation in sectors like manufacturing and trade, with the capacity to add trillions in industry value and generate substantial employment opportunities and tax revenues.
Despite these promising revelations, the report also acknowledges the challenges faced by the telecom sector, particularly its capital-intensive nature.
The report’s findings beckon a clarion call for concerted efforts to leverage the telecom sector’s potential as a catalyst for economic advancement. With the right policies and investments, Nigeria stands poised to harness the full spectrum of opportunities offered by its vibrant telecom landscape, driving inclusive growth and prosperity for all.
Telecom
Tariff Increase Advocacy Gains Momentum as GSMA Report Reveals Industry Insights
While the advocacy for tariff increase remains under deliberations, revelations in the latest Groupe Spécial Mobile Association (GSMA) digital economy report have watered the ground for an increased tariff increase advocacy. The report, offering a deep dive into the sector’s dynamics, provides compelling arguments for adjusting tariffs to ensure sustainability and growth.
Highlighted in the report is the telecom sector’s significant contribution to Nigeria’s GDP. In 2023 alone, it accounted for 8% of the nation’s total GDP, a figure that swelled to 13.5% when considering the broader ICT ecosystem. The mobile industry’s overall contribution to GDP was estimated at a staggering 20 trillion NGN, with substantial tax revenues of 2.8 trillion NGN.
The sector’s potential to drive digitalisation across various domains is of paramount importance. The report projects a significant boost in GDP across sectors like agriculture, manufacturing, transport, trade, and government, translating into nearly 2 million jobs and an additional NGN 1.6 trillion in tax revenues by 2028.
The promise of 5G networks is poised to revolutionise operations, particularly in critical sectors like oil and mining, with real-time data transmission and remote monitoring enhancing efficiency. Digitalisation, especially in manufacturing and trade, holds immense potential for value addition and job creation, promising billions in additional tax revenues.
Despite Nigeria’s noteworthy internet usage figures, with 29% of the population regularly online, the sector faces challenges. The country boasts the lowest-cost data baskets in Africa, yet maintaining competitive mobile data network speeds remains essential. With an average speed of 21Mbps, Nigeria’s performance is comparable to neighbouring countries, underscoring the need for sustained investments.
However, sustaining this growth requires recognizing the capital-intensive nature of the telecom sector. Operators must continually invest in network maintenance and expansion, necessitating a conducive regulatory environment that ensures fair returns on investments.
Chairman, Association of Licensed Telecom Operators of Nigeria (ALTON), Gbenga Adebayo, commenting during the report launch, said, “We raised several issues on the state of affairs of the telecom industry, and among the challenges articulated is the return on investment, stability of the infrastructure and the need for pricing rights. As an ecosystem, tariff hike is one of the sensitive issues affecting the telecom sector and has to be addressed by all stakeholders. We need to look at the state of affairs of the industry and examine holistically. There are ongoing obligations to our end users including infrastructure security. Tariff increase is a solution to solve multiple challenges of the telecom industry.“
The GSMA report positions the ongoing tariff adjustment deliberations as a strategic move to secure the sector’s long-term viability. With Nigeria’s digital future at stake, finding a balance between affordability for consumers and sustainability for operators is paramount to ensure continued growth and innovation in the telecom landscape.
Telecom
The Telecoms Sector Cannot be Used Palliative for Economic Woes –Adebayo
Gbenga Adebayo, chairman, Association of Licensed Telecom Operators of Nigeria (ALTON) has said the telecoms sector should not be a palliative to solve economic woes.
He made this call during his address at the Groupe Spécial Mobile Association (GSMA) digital economy report launch which took place in Abuja.
According to Adebayo, the telecom industry faces numerous challenges that hinder its growth and development.
He emphasized the need for sustainable investment, effective regulation, and a conducive business environment to drive progress.
The GSMA digital report, launched May 9th 2024, 2024, highlights the telecom’s 8 percent contribution to Nigeria’s GDP and 13.5% when considering the broader ICT ecosystem.
The report also highlights the significant challenges plaguing the industry including investment challenges, right of way, multiple taxation, and regulation.
Adebayo highlighted the existence of over 45 associated charges and levies on operators, despite the supposed removal of right of way costs.
He said that it creates an unfavorable business environment, discouraging investment and hindering the industry’s ability to deliver quality services.
He also stressed that regulatory interference and the lack of independence for the regulator exacerbate the problem.
The price review should be a simple regulatory process.
The public debate this has gained makes it appear the industry is insensitive to people’s concern.
“While the government tries to provide incentives for the public on account of ongoing macroeconomic headwinds, the telecoms sector should not be used as a palliative to solve the people’s problem. We must price right to sustain the industry; we must price right to have the right investment,” , Adebayo said.
He concluded that the industry must be allowed to operate sustainably, with the right investment and regulation, to deliver quality services and drive economic progress; encouraging stakeholders, including policymakers, regulators, and operators, to work together to address the challenges facing the industry, in order to drive economic growth, and fulfill its potential as a critical sector in Nigeria’s economy.
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