Citizen Entrepreneurial Development Agency (CEDA) in partnership with Development Bank of Southern Africa University (DBSA) this week launched a challenge in which they aim to tackle issues of unemployment.
The challenge was offered by Chairman of the Association of African Development Finance Institutions (AADFI) and the CEO of the DBSA Patrick Dlamini.
He offered P200 000 to any student who could come up with an implementable solution to address any of the key issues facing Botswana.
Dlamini further offered P50 000 extra if the female student came up with the solution.
Speaking at the launch, CEDA Chief Executive Officer Thabo Thamane said the university challenge will focus among other things, innovative fresh ideas, proposals with a focus on adoption of new and emerging technologies.
He said the challenge is open to youth aged between 18 and 35 enrolled in institutions accredited by BQA and pursuing Bachelors Degree, Masters or Doctoral programmes.
Vice President Mokgweetsi Masisi said government remains committed to addressing the development challenges that the country faces, amongst them poverty and unemployment.
He said Government has over the years established institutions and programmes to support the development of the economy and address market failures.
“I commend the DBSA and CEDA leadership for seeing it fit to promote the culture of entrepreneurship development and create an environment of competitiveness among the youth.
The challenge is a welcome initiative as it presents our youth with an opportunity to be part of the solution to the challenges our country faces,” said Masisi
Dr Zwelakhe Tshandu of DBSA said their inspiration is that they want an Africa that is people driven, relying on the potential of its people especially women and youth.
He said Africa youth demographic dividend is an opportunity that they need to harness for the success of this continent.
“Education programme will play an important role in preparing Batswana for an Africa that is productive, purposeful and integrated into regional and global value chains. Education has to provide the kinds of skills that our economies need in order to develop sustainability and equitably. Your generation is perfectly placed to drive the fourth industrial revolution that will be built on technological skills and innovation,” he concluded.