A competitive advantage
"Education for All!" This challenge has remained since the 1990s and has been firmly imbedded in the Millennium Development Goals (MDGs) and its successor the Sustainable Development Goals (SDGs) of the United Nations. Despite significant progress, 263 million children are still not attending a primary or secondary school in 2016. Around 25 million children will never go to school. This especially affects girls. Additionally, educational facilities (institutions) often lack acceptable quality standards in terms of teaching and equipment. The pressing necessity of preparing young adolescents for the labour market has become especially evident in the Middle East and Africa. In order to assure for a smooth integration into the labour market, high quality vocational training as well as higher education is essential. Accordingly, the international goal for education is: Ensure inclusive and quality education for all and promote lifelong learning.
KfW Development Bank is promoting basic education, vocational training, and higher education in developing and emerging countries. Education is key in the fight against poverty and necessary to shape a humane and sustainable development.