The MasterCard Foundation and Michigan State University (MSU) are to launch the AgriFood Youth Opportunity Lab – a five-year, USD 13 million collaboration aimed at tackling unemployment in Africa.

About 15,000 young people will have access to employment and entrepreneurship opportunities in Nigeria and Tanzania. The AgriFood Youth Opportunity Lab will encourage the youth to participate in the fast-growing horticulture, aquaculture, poultry, cassava and oilseed sectors.

“Working with The MasterCard Foundation and African partners to address one of the most critical problems facing the continent — youth unemployment — reflects how we pursue MSU’s global vision,” said MSU President Lou Anna K. Simon.

“We see great potential to expand youth agrifood employment both on and off the farm.”, Simon added.

The organizations will also assist economically disadvantaged, hard-to-reach out-of-school youth as they transition into employment and entrepreneurship opportunities in the agrifood system.

Read more at Financial Nigeria.