This time around am introducing the problem of unemployment which is affecting the AFRICAN continent. The job seekers have tried their level best but jobs are nowhere.
Almost half of the 10 million graduates churned out of the over 668 universities in Africa yearly do not get jobs, Kelvin Balogun – President of Coca-Cola, Central, East and West Africa – said.
Speaking at this year’s Africa Transformation Forum in Kigali, he said it is time the private sector works with governments to bring this cancer to an end, saying: “We need to build our human capital to bring about the development of Africa.“Unemployment is a general problem in Africa and there must be a partnership between governments and the private sector to address it.
Sub-Saharan Africa has the fastest population growth projected between now and 2050 and the highest youth population in the world.It is crucial that governments factor this 'youth bulge' into national and social development planning.
Youth employment challenges in Africa are often associated with rapid population growth rates. The correlation however is not always direct, nor that simple. First, the youth bulge has not created an even unemployment rate throughout the continent. Second, it is not the numbers of young people that has created unemployment, but structural issues specific to individual countries.
Despite being a leading economy in sub-Saharan South Africa, with almost 50% of unemployed youth, South Africa has one of the highest levels of youth unemployment in the region.
Similarly, although Nigeria's 13% youth unemployment is not well above the regional average, due to the large size of its population (around 170 million), the actual number of unemployed young people is high. On the other hand, small and land-locked Rwanda has one of the lowest youth unemployment rates globally,according to statistics from the World Bank.
Unemployment appears to be on a downward trend in Northern Africa,but labour market distress remains pervasive, particularly among women and youth.
Despite being Africa’s most educated generation to emerge from schools and universities, a youth in Africa is twice as likely to be unemployed when he/she becomes an adult.Africa has the largest “youth bulge” in the world, and the number of youth is expected to grow by 42.5 million between 2010 and 2020, says the World Bank.
AhmqAhmadshakilu@gmail.com
Almost half of the 10 million graduates churned out of the over 668 universities in Africa yearly do not get jobs, Kelvin Balogun – President of Coca-Cola, Central, East and West Africa – said.
Speaking at this year’s Africa Transformation Forum in Kigali, he said it is time the private sector works with governments to bring this cancer to an end, saying: “We need to build our human capital to bring about the development of Africa.“Unemployment is a general problem in Africa and there must be a partnership between governments and the private sector to address it.
Sub-Saharan Africa has the fastest population growth projected between now and 2050 and the highest youth population in the world.It is crucial that governments factor this 'youth bulge' into national and social development planning.
Youth employment challenges in Africa are often associated with rapid population growth rates. The correlation however is not always direct, nor that simple. First, the youth bulge has not created an even unemployment rate throughout the continent. Second, it is not the numbers of young people that has created unemployment, but structural issues specific to individual countries.
Despite being a leading economy in sub-Saharan South Africa, with almost 50% of unemployed youth, South Africa has one of the highest levels of youth unemployment in the region.
Similarly, although Nigeria's 13% youth unemployment is not well above the regional average, due to the large size of its population (around 170 million), the actual number of unemployed young people is high. On the other hand, small and land-locked Rwanda has one of the lowest youth unemployment rates globally,according to statistics from the World Bank.
Unemployment appears to be on a downward trend in Northern Africa,but labour market distress remains pervasive, particularly among women and youth.
Despite being Africa’s most educated generation to emerge from schools and universities, a youth in Africa is twice as likely to be unemployed when he/she becomes an adult.Africa has the largest “youth bulge” in the world, and the number of youth is expected to grow by 42.5 million between 2010 and 2020, says the World Bank.
AhmqAhmadshakilu@gmail.com
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