The DRC’s 'inspection générale des finances' (IGF) has identified several key figures – including Joseph Kabila's former prime minister ... Augustin Matata Ponyo – involved in the disappearance of more than $205m for the Bukanga Lonzo agroindustrial park project.
Contributing to debate on “harnessing Africa’s biggest resource” at the World Economic Forum (WEF) in Cape Town, Osotimhein said countries needed to make sufficient investments in quality education to ensure people can make choices.
There is a need to have a dialogue in terms of what particular skills are needed in a country
“Invest in education and vocational training that will stimulate the economy and ensure that young people have choice,” he said.
Osotimhein said Africa’s growth was not inclusive and countries relied on extractive industries for their development.
“We must make governments invest in education and deliberate efforts must be made to ensure this,” he said.
Osotimhein said child marriages must be stopped so that girls can participate in the development of their communities.
South African philanthropist Precious Moloi –Motsepe said it was ‘very crucial that when we focus on education, we focus on the growth sectors in particular economies”.
The Motsepe Foundation has invested millions of rand in projects empowering young people in South Africa.
With high unemployment rates amongst young people, Moloi –Motsepe said she felt frustrated at times as the public sector and government don’t seem to be ‘talking properly to each other.
“There is a need to have a dialogue in terms of what particular skills are needed in a country,” she said.
“Young people, when given the opportunity and young women in particular will make the right decisions, if they are given opportunities”.
South African President Jacob Zuma on Thursday told the forum that a commitment to good governance and constitutional democracy was a must for Africa to develop.
“This will lay the basis for the private sector on the continent and investors, to contribute to national growth and development targets which further contributes to continental growth and development,” Zuma said.
South Africa is hosting the WEF Africa 2015 under the theme: “Then and Now: Reimagining Africa’s Future.”
A future characterised by growth, development and prosperity will be critical to a reimagined Africa, he said.
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