Silicon Savannah: a solution to bottlenecked universities and shattered dreamsSubmitted by: MyPressportal Team
Johannesburg, 2024 - Despite the recent matric results boasting a 40.9 percent Batchelor’s pass rate, a sense of disappointment, disillusionment, and desperation is sweeping over the class of 2023 as a cruel enigma looms.
Inclusion, accessibility, and affordability is bottlenecking the potential of South Africa’s (SA) youth, stifling the aspirations of countless young minds and throttling the growth of our economy; warns career accelerator, ALX.
Traditionally considered the gateway to a promising tomorrow, tertiary education is unveiling a bitter paradox. “The corridors of these institutions, once envisioned as gateways to success, have become alleys where dreams are too often deferred. The dreams of thousands of matriculants have been devastated by oversubscribed tertiary institutions,” says Divesh Sooka, General Manager at ALX South Africa.
Reports highlight that the University of Johannesburg grapples with an overwhelming demand, receiving approximately 600,000 applications annually for a mere 10,500 available spaces. Similarly, the University of Kwa-Zulu Natal received 120,000 first-year applications for a mere 9,000 places. These staggering figures underscore the severity of a crisis leaving countless aspiring minds stranded.
Job opportunities for youth remain elusive according to the latest QLFS Q3:2023 reporting a 43.4% youth unemployment rate with 4.6 million unemployed youth in the country. Sooka attributes this grim reality to a self-perpetuating cycle of unemployment and economic decline. “Students, in their pursuit of higher education, are inadvertently charting qualifications and courses that lead to a dead end, resulting in a mismatch between academic pursuits and the rapidly evolving demands of the workplace,” Sooka explains.
In the midst of this conundrum, the transformative potential of the Silicon Savannah emerges. According to McKinsey, the demand for technology talent is projected to exceed 9.4 million jobs by the end of 2023, The World Economic Forum anticipates over 69 million new jobs from emergent technologies like AI in the next few years, and a Korn Ferry report warns of more than 85 million unfilled jobs by 2030 due to a lack of skills.
The Potential of Silicon Savannah to drive Employment for SA’s Youth
One of the world's fastest growing and most youthful populations, with an average age of 19 years, Africa’s population is expected to be larger than that of China and India in just 11 years, positioning the continent with an unparalleled opportunity to address the global technology talent shortage.
“Our country is full vibrant and passionate young talent that have the potential to address the challenges of the Fourth Industrial Revolution (4IR) while at the same time embracing a future-proof in some of the most in-demand jobs in the world.”
Having trained over 85,000 learners since 2021, with 85 percent of its graduates finding employment within six months ALX is at the forefront of the rapid transformation happening in the tech-education space and is on a mission enable SA’s youth to participate in the global digital economy.
The world-class career accelerator has partnered with The Mastercard Foundation to offer eligible learners fully sponsored access to some of the world’s most cutting-edge tech programmes valued at between approximately R57 000 and R760 000 with students only required to pay an affordable once-off administration fee ranging between R 3000 and R 8 000 (exchange rate dependent).
Available fully online, or at through ALX’’s Tech Hubs in Braamfontein and Sophiatown, Johannesburg, applicants do not require any prior experience and only need access to a laptop and the internet.
“Success is possible when education is accessible. With access to holistic training programmes that encompass both hard technology skills as well as essential soft skills, we can empower our young people to become agile digital leaders enabling them, our country, our continent and the rest of the world to thrive in an age of digital transformation.
For more information visit https://tech.alxafrica.com/south-africa
-- ENDS --
On behalf of: SAND Technologies
ABOUT ALX AND SAND TECHNOLOGIES
On our mission to address the global shortage of tech talent, ALX Africa takes centre stage. It serves as the technology training apparatus that provides the techno-fluent leaders of tomorrow with access to the skills and tools they need to succeed in today’s digital world.
In order to take that training one step further, Sand Technologies then helps place that talent in roles around the world.
Sand Technologies implements digital transformation projects for leading organisations and governments around the world. The company has particular expertise in enterprise AI, data science, software engineering, and IoT. For more than 20 years, Sand Technologies has fuelled the growth of the African IT sector through innovative education models responsible for developing the world’s premiere technology professionals.
Sand Technology’s tech training arm has been at the forefront of Africa’s booming IT sector for more than two decades. Today, that tech training comes from ALX Africa. As part of Sand, ALX is connected to an innovative ecosystem that has been successfully producing exceptional talent and placing them with the world’s top tech employers for the last 20 years.
Together, we are building a new generation of agile digital leaders for the 21st century who are empowered to build impactful careers in high-growth industries.
With partners like the Mastercard Foundation, Amazon Web Services, and Holberton, we train exceptional talent to power the future.
We submit press releases on behalf of clients.
- Understanding the Mental Health Implications of Living with Psoriasis
- Southern Oil pioneers waste reduction through repurposing canola seed by product into nutrient-rich animal feed
- Regent Business School hosts thought-provoking webinar unveiling insights from National Budget 2024 analysis
- Meet the ambassadors and attend free seminars by industry leaders at Hostex 2024
- Empact Group Hosts Power-Packed Session on Marketing, PR, and Social Media for Small Businesses