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:

Africa:   World Trade Talks Offer Historic Opportunity for Africa (guest column)
8 October 2015

As world leaders met at the recent United Nations summit to adopt global goals to end extreme poverty in 15 years, a determination to create broader and more participatory development was evident. [read more]

Africa:   Corporate Council on Africa Ends Merger Talks with U.S. Chamber (news)
8 October 2015

The Corporate Council on Africa (CCA), an organization that has spearheaded much of the business and investment engagement with Africa by American firms for two decades has ended talks with the U.S. ... [read more]

Mauritius:   Mental Health Care Act to Be Reviewed to Identify Gaps (press release)
Government of Mauritius
8 October 2015

"The Mental Health Care Act will be amended with a view of better addressing mental health issues, identifying gaps and difficulties as well as preventing any form of abuse against patients suffering ... [read more]

blogAfrica is'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!

Today's Featured News
Mozambique Ruling Party Faces Tough Contest

Renamo supporters: Ruling Frelimo faces a stern challenge at Wednesday's polls from...

Surge in Central African Republic Violence

African Union troops in Bangui (file photo): The UN has expressed alarm...

Nigeria, Cameroon, Ghana Get Crucial Wins

Asamoah Gyan of Ghana (file photo): The Super Eagles have boosted their...