Tuesday, 16 May 2017
The world is facing a major shift in demographics. By 2050, Africa will be home to a billion young people. With so many youth concentrated in Africa, countries have the advantage of large working-age populations, which provides the potential to capitalise on the ‘demographic dividend’ for economic growth. However, if these young people have no prospects for the future, long-term social harmony could be jeopardised and youths may look for economic opportunities elsewhere in big cities, in other neighbouring countries or even on other continents.
“We must turn rural areas from zones of poverty to zones of productivity,” said Akinwumi Adesina, president of the African Development Bank at the recent G20 ‘One World – No Hunger’ conference held on 26-27 April 2017. The event focused on youth employment in rural areas and presented the Berlin Charter, which outlines the investments and priorities needed to deliver a prosperous future for young people.
Whilst addressing youth unemployment is a significant development challenge for all sectors, it also represents an opportunity for driving new agriculture and agribusiness enterprises, as well as rural transformation. “Youths are the present and future of Africa. Let’s enable their entrepreneurship,” Adesina added.
Youth in agribusiness
Agricultural production is one of the most important economic sectors in the majority of African countries and agribusinesses will be key to cre…….READ MORE