A youth bulge in Africa will result in 375 million young people entering the labour market by 2030. If this opportunity is managed well, it will result in a “demographic dividend.”
Although the surplus of young people can be seen by some as a ticking time-bomb, Africa’s youth are agents of change. Young people have been at the helm of various social, political, and tech changes that Africa has witnessed so far. Compared to earlier ones, this generation is healthier, more educated, and, due to technology, has easier access to information, consumer goods, and services.
Recent findings, however, indicate that many companies lack the capacity to plan for and manage the development of skills. To address the widening skills gap and tackle unemployment, it is imperative that the young demographic undergoes capacity development in order to build more robust and diversified economies in Africa. Existing infrastructure, budgets, instructor constraints, combined with the number of young people seeking training, requires models which increase access and reach.
Invest Africa invites you to join the discussion on the strategies that can be implemented to expand and fortify the employability of the African workforce.