Methanex invests big in youth employment initiative with UN: Our friends at Methanex Egypt are committing USD 2 mn to the second iteration of the Decent Jobs for Egypt’s Young People program — a joint initiative with the UN’s International Labor Organization (ILO) — the methanol producer said in a statement (pdf) on Monday. The new partnership that will run until 2028 aims to boost youth employment in Damietta by creating 1k jobs, promoting entrepreneurship, and helping young people find work. The program “will have an increased focus on women in the labor market, the promotion of green jobs, and the inclusion of people with disabilities,” the statement reads.
Round one: The first iteration of the program, which ran from 2019 through 2023, created 725 new jobs and over 2.3k training opportunities, according to the statement.
Egrobots takes second place at regional startup awards: Egyptian agritech startup Egrobots won second prize in the Middle East and Africa finals of the Orange Social Venture Prize in Africa and the Middle East, a press release (pdf) said. Egrobots utilizes robotics and AI analytics to provide digital solutions for farmers to improve crop productivity, reduce resource consumption, and promote sustainable practices.