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Youth Roundtable of the Expert Group Meeting on Creating Strategies for Youth Employment in African ... - page 3 / 5

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  • This lack of access to finance and credit facility programs hinders the progression of youth entrepreneurship. Finance companies and credit providers could therefore jointly conduct feasibility studies with young people regarding the proposed business, assist in the development of business plans and work together to meet financial projections.

  • There is a need to build on and replicate successful models, such as those presented at the Nairobi EGM. (e.g. the Umusobvu Youth Fund from South Africa, the Bharatiya Yuva Shakti Trust from India and the program of the Youth Business International in which youth are the primary clients).

  • The allocation of public resources and funds should be undertaken in consultation and collaboration with youth organizations.

  • Gender equality strategies need to be at the forefront of the development of policy and programmes in this area.

4 – Strengthen the commitment and support of institutional partners, such as those involved in the Youth Employment Network, as well as national and local government players that are pro-youth in their approach:

  • There needs to be strengthened interaction between the young people championing solutions to youth employment and the UN system. The Youth Roundtable would like to see increased and structured youth involvement in the YEN, through its proposed Youth Consultative Group and otherwise, which is strongly supported by each of its partners – the World Bank, UNDESA and the ILO.

  • The roundtable endorses the idea of developing regional guides or toolkits that would facilitate youth working with the YEN.

  • The roundtable endorses the idea of developing regional guides or toolkits that would support youth working with their various levels of government and other partners on the creation, implementation and review of National Action Plans for youth employment.

  • Gender equality strategies need to be at the forefront of the development of policy and programmes in this area.

5- Increase youth participation and involvement in macro-economic policy decision- making, especially as it affects youth employment:

  • The roundtable identifies a need for capacity building for engagement at this level.

  • In terms of advocacy and inclusion, youth must engaged in the creation and implementation of all development agendas, such as NEPAD, the PRSP process and the MDGs, particularly in identifying their role in these international development agendas. These processes are currently viewed as very closed to the active participation of African youth.

  • PRSPs must be localized to enable youth involvement in their translation into concrete programmes of action at the local level. They should also support current national youth development and/or employment strategies.

  • Youth recognize that some macroeconomic policies have negative effects on local youth employment and youth must be involved to assist in avoiding and mitigating these effects. Lack of domestic job opportunities, decline of national industries, lack of policies and

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