President John Dramani Mahama has rolled out the Adwumawura programme, one other of his marketing campaign guarantees, to create sustainable jobs for the Ghanaian youth.
The initiative is anticipated to incubate 10,000 new companies and speed up present ones for the youth and is estimated to create 20,000 jobs yearly.
It seeks to stimulate youth employment, entrepreneurship, and innovation throughout strategic sectors of the economic system.
The initiative would offer enterprise development coaching, entry to funding, teaching and mentorship, technological help and entry to equipment and tools, entry to market and facilitation, and across the clock enterprise advisory companies.
Beneficiaries are anticipated to use on-line with a impartial physique put in place to vet the applications to pick profitable candidates primarily based on scalability, sustainability and potential for job creation.
Areas for help are agribusiness, clothes and clothes, trend designing, engineering, catering, and cosmetics, amongst others.
Launching the programme right here within the Ashanti Regional capital, Kumasi, yesterday, President Mahama described the initiative as an formidable endeavor, essential to safe a affluent and a resilient future for the youth.
“This programme just isn’t just like the others that had been introduced within the latest previous with fanfare however proved to be mirages with out ample funding to maintain them.
“Adwumawura is totally funded with ample allocation supplied within the 2025 price range,” he assured.
President Mahama emphasised that the professionalgramme was designed to be inclusive, youth-led and Ghanaian-owned no matter academic background or every other consideration.
He introduced that consistent with his government’s dedication to inclusivity and fairness, a minimum of 60 per cent of beneficiaries can be drawn from girls and women, individuals dwelling with incapacity, rural and susceptible inhabitants, unemployed and underemployed youth and different marginalised and underserved teams.
“By way of this programme, we purpose to significantly scale back Ghana’s youth unemployment fee and contribute meaningfully to decreasing the worldwide wants indicator.”
To additional bolster market entry, President Mahama mentioned an annual nationwide Adwumawura commerce and exhibition was to be instituted for beneficiary firms to showcase their creativity, innovation, product and companies.
“To the youth of Ghana, the Adwumawura programme is your platform, your alternative to create, construct and lead. Let your goals take flight and let your improvements discover expression,” he charged and known as on all stakeholders to help the programme for a profitable final result.
Mr George Opare-Addo, the Minister of Youth Improvement and Empowerment, on his half mentioned his outfit would work onerous to make the programme successful to create the wanted jobs for the teeming unemployed youth.
He known as on the youth to reap the benefits of the initiative to develop into employers slightly than job seekers
FROM JULIUS YAO PETETSI, KUMASI
