The next piece of Africa's growth jigsaw

From Emergent Africa Sat Dec 15 2012, 15:58:00

In Vox David Fine and Susan Lund write that jobs are:

... the missing piece needed to complete Africa's growth jigsaw and ensure future prosperity and stability.

Over the past decade, growth has allowed Africa to create about 37 million stable, wage-paying jobs - a 50% increase. Still, nearly two thirds of Africa's workforce today is struggling to get by in subsistence agriculture or informal self-employment. And the current rate at which the economy is generating wage-paying jobs is simply not fast enough to keep pace with the expansion of Africa's labour force. So the continent urgently needs to speed up its creation of those stable jobs that underpin incomes, domestic demand, and social stability. The experience of other countries, and a closer look at the growth potential of different sectors within Africa, suggests that the continent can achieve this.

Lessons from other emerging economies

[view whole blog post ]
 See More    |     Report Abuse


You might also be interested in the following news stories:

Africa:   International Election Observation Is Decades Out of Date. I Should Know. (analysis)
African Arguments
22 February 2017

I helped design the first African election observation mission in 1980. The world's transformed since then, but they're still using the same old model. In 1979, I was a member of the Commonwealth ... [read more]

Nigeria:   Radio Station Manager Caned Us, Say Staff (news)
Premium Times
23 February 2017

The industrial dispute at Radio Bayelsa, christened Glory FM, took a twist on Thursday as the General Manager flogged four staffers on duty. The Radio Bayelsa Chapel of Nigeria Union of Journalists, ... [read more]

Somalia:   Somali President Picks Hassan Ali Kheyre As His Prime Minister (news)
The East African
23 February 2017

Somalia's President Mohamed Abdullahi Farmajo has appointed Mr Hassan Ali Kheyre as his prime minister. The announcement was made Thursday, a day after the president's inauguration ceremony held at a ... [read more]



blogAfrica is allAfrica.com's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!