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Barclays to give 1.5 pounds to youth body

By Kofi Ahovi
Barclays Bank Ghana and Junior Achievement of Ghana (JA) have entered into a partnership under which the bank will provide financial support of 1.5 million pounds for a three-year period to JA.

The fund is to enable JA deliver entrepreneurship and work-readiness education to local young people through the “Barclays/JA world wide you can B initiative.”

The fund will support a series of programs, including innovative workshops and the expansion of a worldwide JA company program and JA job shadow, and will reach a projected 8,000 students.

The managing director of Barclays Bank Ghana, Benjamin Dabrah, at the signing ceremony of the partnership, was hopeful that the initiative would lower the unemployment rate in Ghana, especially among the youth.

He added that the bank was privileged to be part of the initiative because it recognizes the youth as both future clients and employees, thus the need to lend support.

The executive director of Junior Achievement of Ghana, Jeff Agbai, noted that the initiative would have a positive and profound impact on students’ ability to succeed in the job market.

The students will learn entrepreneurship and business skills through a five-part program that will help them compete effectively in the new global economy.

The partnership will launch “B-inspired innovation camps” in five schools in a comprehensive capacity building program that assists young potential entrepreneurs to brainstorm and display strategies to implement their ideas to promote national development, and a one-day competition for students by corporate volunteers.

Barclays’ employees will also take part in the program through the “B-experienced,” an on-site career mentoring initiative, in conjunction with the implementation of JA worldwide’s job shadow program. This is where students visit a place of business for a day and get first-hand knowledge about what it takes to be successful in the workforce.

JA is the world’s largest organization dedicated to inspiring and preparing young people to succeed in a global economy. Through a dedicated volunteer network, Junior Achievement provides in-school and after-school programs for students which focus on three key contents: work readiness, entrepreneurship and financial literacy.

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