Youth unemployment is an issue that keeps many African politicians awake. Though data unavailability and informal economic activity make estimates difficult, youth unemployment rates in sub-Saharan Africa are believed to hover around 30-50% (and even higher in parts of North Africa). The World Bank puts the figure at 38% in Nigeria, while the Economist projects 55% for young black South Africans. This is set against the backdrop of a fast-growing youth population, expected to double from a base of 200 million by 2045. Africa’s youth are at a crossroads, and today’s decisions will determine whether they become a demographic dividend or a ticking time bomb.
Africa’s Companies Need to Become More Like Training Schools
Investing in employees can help solve Africa’s youth unemployment crisis.
January 03, 2014
New!
HBR Learning
Global Collaboration Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Global Collaboration. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Learn how to overcome barriers when working globally.
Learn More & See All Courses
New!
HBR Learning
Global Collaboration Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Global Collaboration. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Learn how to overcome barriers when working globally.