200 in 2023
Our goal is to further develop the platform into a fully-fledged Power and Energy Youth SMME Innovation Programme.
Why GenX Theatre Africa
Building a talent pool in the Energy Sector
According to the journal African Economic Outlook, published by the African Development Bank, Africa has one of the largest working-age population groups, which is urbanisingat a rapid pace. Over 40% of Africa’s working-age population is aged between 15 and 24, making it one of the world’s ‘youngest’ continents. There are currentlyalmost 200 million youths in Africa; thisnumber is expected to double by 2045.
Even though some of the world’s fastest growing economies are in Africa, the harsh reality is 30 per cent of Africa’s youth is unemployed. Prospects for our youth are often very bleak as millions do not have access to opportunities or resources which would enable them to set up enterprises, which are critical for reducing crippling levels of unemployment.
The lack of access to market, information and funding, poses tremendous challenges for African innovators to bring their innovations to fruition as they are unable to advance their research and development, develop prototypes, formulate business plans, set up production facilities and distribution channels, and marketing.
To successfully realise the African transformation agenda, governments and the private sector need to capitalise on the potential of Africa’s youth and work together to create an enabling environment for African Youth to participate meaningfully in various sectors of the economy.
The Energy Revolution holds tremendous possibilities for Africa and its youth.
Growing up in an increasingly free and fair continent, the young people of Africa are dynamic, forward-looking and best positioned to find innovative energy solutions to advance universal access to electricity through the use of technology.
Gen X Theatre Africa’s vision is to create an aspirational platform that attracts the best young, diverse minds in the power and energy sector to share their concepts on energy solutions for the continent and demonstrate potential impact to improving access to energy for communities.
The goal is to further develop the platform into a fully-fledged African Energy Young Entrepreneur support programme.