Latest stories tagged “job creation”
The National Parent-Teacher Association of Nigeria (NAPTAN) and other stakeholders have supported the federal government's initiative to replace the National Youth Service Corps (NYSC) khaki uniform with locally-produced fabric. They argue that this change would promote indigenous industries, create jobs, and enhance the economy.
Chery has inaugurated its manufacturing plant in Pretoria, marking its transition from an importer to a local manufacturer. This development is expected to lead to significant job creation and investment in South Africa's automotive sector, according to IOL.
Aliko Dangote stated that enhancing private investment in Nigeria's fisheries value chain has the potential to create over 500,000 jobs, decrease imports, and increase exports. This initiative aims to save billions for the country.
Olayemi Cardoso, the Governor of the Central Bank of Nigeria, has urged banks to utilize the over N4.6 trillion raised from the recent banking sector recapitalisation to invest in productive sectors. This initiative aims to create jobs, support businesses, and enhance foreign exchange earnings. The recapitalisation exercise concluded on March 31, 2026.
Aliko Dangote has expressed support for strategic investments in Nigeria's blue economy, forecasting the creation of over 500,000 jobs and a reduction in imports. This initiative aims to enhance the country's economic landscape by leveraging marine resources.
Amazon has announced a significant carbon credit deal in the Eastern Cape, which is projected to create approximately 11,000 jobs by 2030 and generate over R8 billion in economic value for local communities.
The Nairobi International Financial Centre (NIFC) has certified 15 new startups, aiming to attract over $200 million in investments and create more than 1,000 jobs. The certified companies operate in various sectors, including artificial intelligence, digital finance, climate and carbon markets, healthcare, investment management, and financial technology.
According to Punch, an adviser to Lagos Governor Sanwo-Olu has emphasized that Nigeria's clean cooking initiative has the potential to enhance economic growth, generate employment opportunities, and improve public health. The initiative aims to promote cleaner cooking methods across the country.
The electricity deputy minister announced that the South African government plans to create more jobs in the renewable energy sector through the South African Renewable Energy Masterplan (SAREM).