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General overview

Stage of development: Final negotiations

Policy sectors: Employment and private sector development / Education

Type of instrument: Outcomes Fund

Delivery locations: South Africa

Country classification: Upper-middle-income

Expected launch date: Q4 - 2022

Max potential outcome payment: ZAR 3.50b

Intervention

Social or environmental challenge

South Africa has a youth unemployed rate of about 70%. One million youth enter the job market each year, two thirds of which do not find their way into employment, education, or training. In the digital sector, as a result of the supply and demand mismatch, it is estimated that over 80,000 vacancies go unfilled.

Description of the intervention

Innovative and efficient and demand driven digital skills apprenticeships to transition poor youth into available vacancies.

Target population

Excluded unemployed individuals that have the right profile for the most in-demand digital entry-level roles. We have mapped the demand requirements for these roles in the South African economy and are looking to stimulate 80,000 new jobs by 2025.

Location

Country:

  • South Africa

Locality:

  • South Africa

Outcome metrics

  • Opportunities secured; Work integrated learning; Conversion into new jobs; Conversation into long-term paid opportunities, including learning opportunities.

Last data update

Data for this pipeline project was last updated in March 2024

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