May was a very busy month for the African continent. Local and international leaders came together for the World Economic Forum on Africa in Abuja and later, the African Development Bank Meetings in Kigali.
All these gatherings rally behind a common goal - poverty reduction and creating employment opportunities while sustaining economic growth on the continent. While six of the 10 fastest-growing economies in the world are in sub-Saharan Africa, the unemployment figures are startling. According to the World Bank, youth account for 60% of all unemployed Africans, this means the continent will need to create some 95-million new jobs by 2020, and another 160-million by 2030, to absorb all the new entrants to their labour markets.
Image Courtesy of Stuart Miles / FreeDigitalPhotos.net
To read the original article: Economic Growth Without Innovation and Entrepreneurship Is Unsustainable | Jean-Claude Bastos de Morais
