African nations are advised to seek private sector partnerships to fund higher education
- Advertisement -
Experts urge African countries to attract private investments for tertiary education and skill development for the youth.
At a recent event in Nairobi, former Tanzanian President stressed the importance of government support in attracting private capital for education.
To build a solid tertiary education system, experts recommend investing in early learning, primary, and secondary education to create a skilled workforce.
The African Development Bank, in collaboration with various organizations, discussed innovative ways to finance tertiary education through private sector involvement.
During the event, the Bank signed a joint Declaration of Intent with GIZ to enhance youth employability through skills development programs.
German Federal Ministry expressed support for the collaboration, emphasizing the need for vocational training in African countries.
The African Development Bank has been actively supporting education and skills development, committing significant resources to enhance technical education infrastructure.
The Bank’s focus has been on strengthening technical education infrastructure and encouraging private sector investments for job creation.
Prof. Belhocine highlighted the need for increased investment in tertiary education at national, continental, and global levels.
Equity Group CEO shared success stories of collaboration between the private sector and tertiary institutions in boosting human resource development in Africa.
Overall, the dialogue emphasized the importance of private sector involvement in financing tertiary education in Africa.
