23 November

Fast Facts: Skills Gap in Africa

THE WORLD’S LARGEST YOUNG WORKFORCE

woman standing on truck's rear step bar

Photo: Annie Spratt

The World Economic Forum (WEF) estimates that 15 to 20 million young people will join the African workforce every year for the next two decades! By 2030:

  • under 25s in Africa will make up 60% of the continent’s total population;
  • 15% of the world’s working-age population will be in Africa;
  • and more than 50% will be urban.

WEF also found that 65% of African CEOs believe that the skills gap is blocking effective innovation, whilst 54% admitted missing growth targets because of it. Only 3%, don’t think that the skills gap has any effect on growth or profitability.

LOW EDUCATION RATES

children writing in books

Photo: Annie Spratt

According to the World Bank, 1 in 3 children fail to complete primary school education in Africa. In most countries on the continent, less than 50% complete lower secondary education, and less than 10% make it to higher education.

ADDRESSING AFRICA’S SKILLS GAP

Steve Cumming, Director of secondary education and TVET at the Mastercard Foundation, believes that there are 5 ways to address Africa’s skills gap:

  1. Transferable skills,
  2. Utilise technology,
  3. Training,
  4. In-house training,
  5. and Certifications.

 

29 November 2019
Kazan Declaration: AVAILABLE TO READ
Kazan Declaration: AVAILABLE TO READ

THE WORLD’S LARGEST YOUNG WORKFORCE The World Economic Forum (WEF) estimates that 15 to 20 million young people will join the African workforce every year for the next two decades! By 2030: under 25s in Africa will make up 60% of the continent’s total population; 15% of the world’s working-age population will be in Africa; […]

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