‘Africa’s youth will drive global growth’
AFRICA is a continent teeming with youthful energy and untapped potential, boasting the world’s youngest population with more than 60 percent of the continent’s population under the age of 25.
This burgeoning youth population is projected to grow even further. This comes as Africa’s population is expected to reach 2,5 billion by 2050, up from 1,4 billion today.
Notably, by 2035, there will be more young Africans entering the workforce each year than in the rest of the world combined.
With China, Japan, Korea and many European countries all experiencing a sharp decline in young workers, Africa’s fast-growing youth population has the potential to drive global growth in the same way China’s young workers once powered the global economy.
To be sure, harnessing this potential will require bold transformative reforms.
Under Agenda 2063, the African Union’s ambitious blueprint for transforming the continent into the global powerhouse of the future, Article Six presents a framework for a youth-led development agenda through targeted investments in education, technology and entrepreneurship. Education to stimulate transformation Investing in quality education is essential in unlocking the full potential of Africa’s youth but there are significant challenges in the sector.
In sub-Saharan Africa, a staggering 30 million primary school-age children are being deprived of vital learning opportunities. They are currently out of school, which highlights a stark disparity in educational opportunities.
However, promising efforts are underway to address these issues. The African Union has led the process, which is aimed at providing recommendations to the continent’s policy makers for a more equitable education system that meets the demands of the 21st century.
An ad hoc taskforce has brought about the creation of the African Union Declaration on Transforming Education, which suggests solutions for these challenges. They include increased investment in education, teacher training and technology integration, alongside strong political leadership.
Moreover, the Continental Education Strategy for Africa 2016-2025 seeks to reorient education and training systems, with the objective of instilling the knowledge, competencies, skills, innovation and creativity required to nurture African core values and promote sustainable development. Beyond traditional education, governments and companies must increase investments in education and reskilling to make sure people are empowered with the skills they need to thrive in the new economy and society.
Technology and innovation
Digital transformation in Africa holds enormous promise when it comes to addressing the youth employment challenge.
In the digital age, technology has the power to revolutionise Africa’s socio-economic landscape.
Access to information and communication technologies can bridge the digital divide, providing young Africans with opportunities to acquire knowledge, develop innovative ideas and connect with the global community.
However, according to UNICEF, around three in four youths lack the relevant skills to fully participate in Africa’s increasingly digitised economies.
Collaborative efforts are needed to equip African youths with the relevant digital skills, while enabling them access to technology.
The African Union Youth Envoy, in partnership with Google and regional governments, is leading a digital skills campaign — part of the larger African Union’s digital transformation campaign — which will equip 100 000 young people with digital skills by 2024.
Entrepreneurship and economic empowerment
Entrepreneurs and small and medium enterprises (SMEs) are fundamental to innovation, economic growth and job creation in Africa.
The continent has the highest rate of entrepreneurship in the world and SMEs contribute significantly to employment, accounting for 80 percent of jobs. However, a renewed focus on innovation and digitalisation is required for these companies to increase their competitiveness in the global economy. Moreover, the policies and decisions governments make now, whether to address the skills gap or not, will directly influence future generations.
Governments should implement policies that promote entrepreneurship, such as providing access to capital, training and mentorship programmes. Additionally, creating an enabling business environment can attract both domestic and foreign investments, further stimulating economic growth and providing youths with more opportunities to succeed.
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