In collaboration with the business sector, Kenya's deputy president, Rigathi Gachagua, has started a youth entrepreneurship initiative that will lead to the creation of 1 million jobs.
The Kenya Private Sector Alliance (KEPSA) is working on the Kenya Youth Employment and Entrepreneurship Accelerator Program (K-YEEAP), which aims to create at least 1 million jobs over the next year.
Deputy President Rigathi Gachagua spoke to the crowd and thanked the business community for working with the government to solve the problem of youth unemployment in the country.
"It is an honour for me to serve as master of ceremonies for the Kenya Youth Employment and Entrepreneurship Accelerator Program's official opening today." According to Deputy President Gachagua, "In order to better the lives of the millions of young people around the nation, the youth must continue to be at the centre of our government's agenda."
"As a government, we will provide the necessary assistance to assist young people in moving closer to their shared vision of a brighter future.
"Giving young people an equitable opportunity in life will be made possible in large part by this fund and the relationship with the Kenya Private Sector Alliance."
With about 800,000 young people from colleges and universities entering the job market each year, it is expected that 38.9% of young people in Kenya will not have jobs.
"The availability of fresh employment for our young people has not kept up with our economy. Experts have warned us about the "youth time bomb" caused by the young unemployment bulge, "according to the Deputy President.
It is said that technology and the digital revolution would be used in the Kenya Youth Employment and Entrepreneurship Acceleration Program.
DP Rigathi Gachagua said, "This will give our young people the tools they need to be active participants in the global digital revolution that is happening right now."
The DP said that the Kenya Kwanza government is committed to creating an environment that is good for both new and experienced businesspeople. This is to make sure that Kenya stays an important part of the digital revolution that is happening right now.
"Partnerships between the public and commercial sectors will be a major factor in providing opportunities and employment to our children. The Deputy President says that the Kenya Kwanza government will create a friendly environment to make sure this happens.
He also said bad things about the opposition and told them it was their constitutional duty to criticize the current government in a fair and honest way, which they did not do.
"We want to run an open and honest government, so we want the opposition to do its part and provide helpful criticism to the administration," said DP Gachagua.
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