Human Capital Strategy

by Developed Africa 9. June 2014 09:00

Last week, the AfDB launched its Human Capital Strategy for Africa. 

Development is often so easily simplified into facts, figures, and statistics that look at the drop and growth in economic patterns, but it is important to ensure that there is always a human element to development strategies. And that is what the AfDB's new strategy aims to do: focus on human capital.

The vision of the Bank's Human Capital Strategy is to harness the potential of one billion Africans by building skills and promoting technologies for better jobs, equal opportunities and workforce competitiveness."

The key focuses of the strategy appear to be in skills and technology, so education is key. And the aim of this approach is to underpin all areas other projects, to work with them and to heighten the human capital element of other development bank projects.

To read the strategy in full, click here.

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