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:

Burkina Faso:   Compaoré Quits After Army Takes Power (news)
Deutsche Welle
31 October 2014

The president of Burkina Faso has stepped down after days of protests demanding his resignation. The demonstrators had been angered by Blaise Compaore's plan to run for a fifth term in office. [read more]

Burkina Faso:   Army Forces Compaoré Out (news)
Radio France Internationale
31 October 2014

French Foreign Affairs Secretary Laurent Fabius on Friday called for calm in Burkina Faso as protesters prepared to take to the streets after President Blaise Compaoré refused to resign and the ... [read more]

Burkina Faso:   Anti-Compaore Protests Resume (news)
Deutsche Welle
31 October 2014

Protesters have again taken to the streets of the capital of Burkina Faso to demand that the president step down immediately. This comes a day after violent protests convinced him to agree to leave ... [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!