Wednesday 13 August 2014

Africa's young- What opportunities lie ahead for them?

According to numerous reports, Africa is the youngest continent in the
world, with an average age of just 19 years. This explosion of the
youth population in Africa presents both opportunities and challenges
for the continent. It is an opportunity in that this demographic group
presents marketers and consumer companies with a mass market that
companies will be able to take advantage of. According to a UN report,
this young population will be more than 2 billion in 2050. Typically,
four in ten children in 2050 will be an African. However, this will
present serious challenges for African policy makers. Youth
unemployment will be a thorny issue, as more young Africans graduate
from colleges and universities. So, job creation should be of utmost
priority.

No comments:

Post a Comment