Youth Economic Resilience Initiatives (YERI)
Uganda hosts 1.4 million refugees – the third top refugee-hosting nation in the world. An estimated 50,000 are Burundians for which UNHCR, the refugee agency was only able to mobilise 12%. This dramatic shortfall severely hinders their ability to provide minimum services needed including youth education and economic inclusion. For this reason, YERI will give priority to Burundian youth who suffer discrimination from the donor community.
The high number of refugees in Uganda puts a strain on the host country already suffering from a high rate of youth unemployment that stands at 61.5%. Uganda is world’s second youngest country – 77% of the population are below 30 (World Economic Forum 2015). Youth unemployment is a huge challenge with youth comprising 64% of the country unemployed* (Uganda Bureau of Statistics 2012), due to limited employment options. This rate is even higher for those who have formal degrees and live in the urban area. Informal sector work accounts for the majority of young workers.
The Youth Economic Resilience Initiatives (YERI) aims at enhancing economic development of unemployed young adults. Under YERI, we will equip the youth with entrepreneurship and employability skills, focusing on livestock farming and agriculture, trainings in renewable energy production techniques as well as technology innovation and application development to solve current problems. The end goal is to enable unemployed and out-of-school youth to start and grow businesses, take leadership initiatives, create jobs and improve their livelihoods.