Only 3 million Africans can get jobs annually

Mohamed Samir
2 Min Read
Egypt’s unemployment rate has slightly decreased in the first quarter (Q1) of 2015 to register 12.8%, down from 12.9% in Q4 of 2014, and 13.4% in the corresponding quarter last year (AFP Photo)

Only 3 million Africans can get jobs annually and 11% to 26% of them are unemployed, the highest rate in the world, said Leila Mokaddem, regional resident representative of the African Development Bank.

She added that “Africa has a youth crisis and vocational training is essential to prepare the youth for market needs.”

However, Mokaddem continued that there is progress in education and health during her remarks at AIESEC’s Middle East and Africa Exchange and Leadership Development Seminar (MEAXLDS), launched in Sharm El-Sheikh, with 600 delegates.

“Currently, there are more African children in schools and universities than ever before.  The market is shifting towards digitising, artificial intelligence, and biotechnology and the jobs of the future will totally change. We need to focus on science, engineering, technology, and entrepreneurship,” Mokaddem added.

Furthermore, regarding food shortages, Alfredo Impiglia from the Food and Agriculture Organization of the United Nations (FAO) stated that food is the link between the people and the planet and that social, economic, and environmental sustainability are of great importance to the MEA region, which is the most affected area in the world from climate change.

He continued to explain FAO’s regional initiatives in the region, the three main ones of which are water scarcity, sustainable small-scale agriculture, and building resilience for food security and nutrition. These initiatives aim to help countries achieve sustainable development, improve food and water security, and reduce poverty.

AIESEC is a youth organisation with headquarters in the Netherlands. The organisation has 70,000 active members from 2,400 universities. Its self-proclaimed aim is to provide its members with leadership skills and qualities to facilitate and create exchange opportunities.

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Mohamed Samir Khedr is an economic and political journalist, analyst, and editor specializing in geopolitical conflicts in the Middle East, Africa, and the Eastern Mediterranean. For the past decade, he has covered Egypt's and the MENA region's financial, business, and geopolitical updates. Currently, he is the Executive Editor of the Daily News Egypt, where he leads a team of journalists in producing high-quality, in-depth reporting and analysis on the region's most pressing issues. His work has been featured in leading international publications. Samir is a highly respected expert on the Middle East and Africa, and his insights are regularly sought by policymakers, academics, and business leaders. He is a passionate advocate for independent journalism and a strong believer in the power of storytelling to inform and inspire. Twitter: https://twitter.com/Moh_S_Khedr LinkedIn: https://www.linkedin.com/in/mohamed-samir-khedr/