The action contributes to improving the investment climate in selected African countries but is first and foremost an opportunity-driven action, which aims to turn investments into drivers for inclusive economic growth, social development and decent job creation. Investment-flows from the European Union into African countries offer an opportunity for national economies to increase their share of local value addition and local job creation.
The action will be implemented through three intervention areas: 1) Enhanced dialogue on employment oriented skills development and VET between vocational training institutions, companies, national institutions and relevant associations benefitting from European investments such as European Commission investment programmes in Sub Saharan Africa. 2) Capacity building and training for demand driven skills development and VET including the support of local training providers, as well as strengthening in company training among other activities. 3) Stimulated knowledge exchange on lessons from practical experience in delivering employment oriented skills development and VET in investment contexts.
The action will promote employment through skills enhancement along private sector investments, in cooperation with private and public sector actors in 11 countries.