Because the unemployment rate among university graduates has risen by 30 percent in the Middle East and North Africa, or MENA region, the Tunisia-based African Development Bank has called for drastic changes in higher education to improve quality and graduate employability.
In a working paper titled, “Fundamentally Changing the Way we Educate Students in the Middle East and North Africa (MENA) Region,” higher education should take on an ‘education for (self-) employment’ approach rather than its current ‘education for employment’ strategy, as many graduates are entering the market with less desirable skills.
By establishing the goal for self-employment, incorporating entrepreneurship in education programs, and leveraging innovative technology to boost entrepreneurship that would lead to self-employment, it may help decrease the unemployment rate that exists in the region.
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Samara Tu is a Communications and Event Planning intern at the Global Business School Network.