Skills: The missing link in economic development?

Coventry University's Africa Hub was recently unveiled at the Commonwealth Heads of Government Meeting in Kigali, unveiling a promising initiative to tackle the significant skills gaps prevalent in developing countries. Professor Silas Lwakabamba, the regional managing director for Coventry University's Africa Hub, sat down for an exclusive interview with CNBC Africa to shed light on their efforts to address the pressing challenge of skills development. In the interview, Professor Lwakabamba emphasized the critical importance of equipping young people with the necessary skills to capitalize on emerging opportunities. He highlighted several key initiatives undertaken by Coventry University to bridge the skills gap and support the economic development of the region. One of the core strategies employed by Coventry University is a focus on practical training and industry collaboration. By engaging with industries and integrating practical experience into the curriculum, students are equipped with real-world skills that enhance their employability. The university also facilitates internships for students, allowing them to gain hands-on experience in their chosen fields and significantly increasing their chances of securing employment upon graduation. Furthermore, Coventry University places a strong emphasis on entrepreneurship training, recognizing the value of fostering a culture of innovation and self-employment. Through entrepreneurship programs and partnerships with the private sector, the university empowers young entrepreneurs to develop their skills and pursue entrepreneurial ventures. This proactive approach towards skills development not only benefits individual students but also contributes to the overall economic growth and competitiveness of the region. In addition, Professor Lwakabamba discussed the importance of Technical and Vocational Education and Training (T-VET) institutions in addressing the skills gap. He highlighted the critical role of T-VET in providing practical skills that are highly sought after by industries. In alignment with national strategies, such as Rwanda's goal to increase T-VET enrollment to 60%, Coventry University recognizes the importance of promoting T-VET as a viable alternative to traditional university education. By offering a combination of T-VET and university-type training, Coventry University ensures that students receive a well-rounded education that enhances their employability and entrepreneurial capabilities. Ultimately, Coventry University's Africa Hub stands as a beacon of hope in the fight against skills shortages and unemployment in developing countries. Through its innovative educational programs and industry partnerships, the university is paving the way for a new generation of skilled and empowered individuals who will drive economic growth and prosperity in the region.