The next piece of Africa's growth jigsaw

From Emergent Africa Sat Dec 15 2012, 10:58:00

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:

South Sudan:   Rival Leaders in Deal (news)
Sabahi
21 October 2014

South Sudan President Salva Kiir and rebel leader Riek Machar said Monday (October 20th) they accepted mutual responsibility for a 10-month civil war in which thousands were killed, AFP reported. [read more]

Africa:   Hopes for Ebola Vaccine Soon (news)
Deutsche Welle
22 October 2014

The World Health Organization is pressing for a vaccine to combat the spread of Ebola, hoping to prepare two versions by January. On the ground in West Africa, Germany's Red Cross has made a desperate ... [read more]

Nigeria/South Africa:   Super Falcons Move to Final of African Women's Championship (news)
Vanguard
22 October 2014

Super Falcons reached the final of the African Women Championship by beating South Africa's Banyana Banyana 2-1 in a hard fought match at the Sam Nujoma Stadium, Windhoek. [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!