Standard Chartered Botswana has officially launched Futuremakers 3.0 with a donation of P3.9 million to Young Africa Botswana to support the Futuremakers programme.
The programme is aimed at upskilling youth entrepreneurs to find scale in their existing businesses and equip them for the marketplace. The Futuremakers Programme is a collaboration between the Standard Chartered Foundation, Young Africa Botswana and Youth Business International. This is the third instalment of Futuremakers.
Futuremakers by Standard Chartered is a global initiative to promote the economic inclusion of young people – particularly young women, girls and people with visual impairments across the Standard Chartered Global network. Futuremakers’ global call to action is to raise USD75 million between 2019 – 2023 to empower the next generation to learn, earn and grow.
The Deputy Permanent Secretary in the Ministry of Entrepreneurship, Lameck Nthekela gave the keynote address and commissioned the new two-year partnership programme. Speaking at the event, Nthekela highlighted the pivotal role that Standard Chartered was playing in assisting Government to alleviate unemployment in Botswana, saying ““This project is a great example of what local and international collaboration can do to empower and develop the youth. This is also very closely aligned with the Ministry of Entrepreneurship’s mandate of finding purposeful and innovative ways of engaging with the private sector.”
Standard Chartered Botswana CEO, Mpho Masupe highlighted that 89 percent of all participants of the Futuremakers programme were economically active, a huge success story as it proves that the rigour and depth of the programme ensure that participants walk out with relevant skills.
- 53 percent of beneficiaries are in business
- 36 percent of the beneficiaries have found a job with an employer
- 11 percent of the beneficiaries are participating in a Governmental Scheme Program / further education / unemployed