Preparing young entrepreneurs

Issue 6 2023 News & Events, Training & Education

Liquid Intelligent Technologies SA, a business of Cassava Technologies, a pan-African technology group, has announced that its Youth Empowerment Programme is making headway, preparing young South Africans with the skills they will need to succeed in a digital future and opening doors for a brighter future in their communities.

The Liquid SA Youth Empowerment Programme comes at a crucial time, with Africa facing a significant digital skills gap, which hinders economic opportunities and development. According to a study by the International Finance Corporation (IFC), by 2030, approximately 230 million jobs across the continent will require some level of digital skills, creating the potential for 650 million training opportunities and an estimated $130 billion market.

The programme in Phokeng and Gauteng, which is run in partnership with Forge Academy and the Royal Bafokeng Enterprise Development Centre, has already made a positive impact, with 40 young South Africans benefitting from the initiative. Of these, 20 youths underwent training in Phokeng, while another 20 participated in the Gauteng programme.

“The Liquid SA Youth Empowerment Programme is aimed at equipping young people with the skills and support they need to become successful entrepreneurs in their communities and to empower them for the continent’s digital future. Along with our partners, we are dedicated to making a difference in the communities where we operate. Supporting skills development among unemployed youth is vital to improving the unemployment rate in our country and fulfilling our goal of leaving no African behind,” says Deon Geyser, CEO of Liquid Intelligent Technologies SA.

This transformative initiative aims to empower young people by providing them with comprehensive technical training, personal development mentorship, and coaching to unlock entrepreneurship opportunities.

“The latest iteration offers specialised technical training in smartphone and tablet repairs. Moreover, it goes beyond technical skills by offering personal development mentorship, enabling participants to grow professionally and personally,” continued Geyser.

The programme also offers a Business Start-up Package, providing a small business grant to participants with business plans that showcase the potential of being realised into real-world solutions. This financial boost will assist in kickstarting their ventures. By nurturing and equipping young entrepreneurs, the programme paves the way for their success and contribution to economic growth and job creation.

In the next version, starting in November, the programme will see a new class enrolled as it moves to new heights by shifting focus from technical training in smartphone and tablet repairs to artificial intelligence (AI).

The 40 new learners will explore AI fundamentals, robotics, coding, and machine learning. The goal is to equip these young individuals with the knowledge and skills to tackle real-world challenges innovatively.

As part of Liquid’s continued commitment to youth entrepreneurship development, it intends to extend similar programmes throughout the country, with the next intake targeted for the Eastern Cape, using the IDSC as a base. It also plans to host additional beneficiaries of the programme being run in Phokeng in the future.

These efforts reiterate the company’s belief that every individual on the African continent has the right to be connected. This forms part of Liquid’s commitment to fostering innovation and building digital skills among the youth, even in the remotest parts of the country.




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