GIZ Egypt on behalf of the German Government and Enactus Egypt have signed an agreement to bridge the gap between the needs of the private sector and youth unemployment among university graduates over two consecutive years.
The agreement was signed by Mr Younes Naguib, the Director of the Private Sector Development Programme at GIZ Egypt and Ms Fatma Serry, the CEO of Enactus Egypt.
This agreement is part of the joint efforts of both parties aimed at analyzing training needs involving more than a hundred private sector companies in various fields. It also involves designing training programmes tailored to the needs of the job market.
Additionally, a special competition will be launched to find innovative and sustainable solutions to the challenges facing the agricultural manufacturing and food industries. These solutions will be adopted and implemented by private sector companies in one of the industrial zones targeted by GIZ Egypt.
Furthermore, as part of the annual local competition by Enactus Egypt, a career fair will be held for the first time exclusively, with the participation of a large number of private sector companies.
This collaboration aims to utilize the United Nations platform under the “Youth of the Nation” international initiative, which has been launched in more than 54 countries worldwide. Its goal is to support and empower youth to acquire the necessary skills to find decent job opportunities.
The signing of the agreement witnessed the presence of several local and foreign companies operating in Egypt. Additionally, a panel discussion was held on the employment needs of the labour market, with the participation of elite private sector companies in various fields, including telecommunications and information technology, construction, petroleum, food industries, and international development.
It is worth mentioning that the programme will be implemented over two consecutive years and will provide comprehensive support and guidance to students with the assistance of a selected group of top trainers in Egypt and the Middle East. Its goal is to develop the skills of young graduates and integrate them into the job market by connecting the programme graduates with private sector companies across various sectors.
