Exploring The Problem
Around 60% of entire global workforce will be based in Africa by 2060
It’s no longer a myth that by 2050, the population of Africa will be more than 2billion people. That’s very scary. It may be more than China and India combined and about 20% of that population will be residing in Nigeria considering the fact that the country is currently recording a population of over 180million people.
"One-third of all people on Earth will be
African by 2100"
The population of Africa is increasing rapidly. From an estimated 140 million in 1900, it grew to a billion in 2010. According to United Nations “Medium Scenario” projections, this figure will rise to 2.5 billion in 2050 and more than 4billion in 2100. There’s a strong chance that around 60% of entire global workforce will be based in Africa by 2060 and one-third of all people on Earth will be African by 2100. This is a challenge and also an opportunity and it means that Africa and Africa-Nigeria is going to have to find jobs for the young people who will be coming into the labor market.
In Africa, over 200 million people are between the ages of 15 and 24 years, comprising more than 20% of the population. Africa’s population is growing fast and is experiencing a slow demographic transition, which will increase the pressure countries in Africa face with job creation.
Stylized facts in Africa suggest that:
- Youth make up 37% percent of the working-age population, but 60% of the total unemployed.
- Economic growth has not translated into sufficient jobs for young people because programmes promoting youth employment and job creation are taken serious.
- Large youth populations continue to increase pressure on labour markets.
- Youth unemployment is much more prevalent in urban areas.
- Many jobs for young people are of low quality and many young people remain in poverty despite working.
- Even more young people are discouraged than unemployed.
- Youth in rural areas work longer hours and spend a lot more of their time in household work.
- Rural youth attached to agriculture are disadvantaged as compared to those in non-farm activities.
- Urban youth enjoy greater educational opportunities and stay longer in school.
- Youth experience higher levels of unemployment and underemployment and a much greater concentration in the informal sector than adults.
- Young people are more likely to work longer hours under intermittent and insecure work arrangements, characterized by low productivity and meager earnings.
- Young women work more hours than young men, are more likely to be underemployed, and more likely to be out of the labor force.
- The youth start to work early (a quarter of children ages 5-14 are working), especially in rural areas.
- Young migrants are more likely to be unemployed and out of the labor force than their non-migrants counterparts.
- Among the youth, females and the rural face particularly stronger challenges especially because of early motherhood and lack of educational and job opportunities.
Youth employment is critical for social and economic stability and growth
apart from all the other good reasons why it is important for society to give it the greatest attention. Given the challenges faced by the youth in labor markets, success in pursuing employment for young people will require long term, concerted actions, spanning a wide range of policies and programs. Indeed, success will not be achieved and sustained through fragmented and isolated interventions.
An over-arching guideline for addressing the youth employment challenge is the need for an integrated strategy for youth entrepreneurship development, growth and job creation.
This integrated strategy covers the demand and the supply sides of the labor market and takes into account the youth mobility from rural to urban areas – combined with targeted interventions to help young people overcome disadvantages in entering and remaining in the labor market. Consequently, it must be understood, that youth unemployment is very damaging for young people, societies, cultures and economies and Africa cannot afford the consequences should we continue this way 15years from today.
Seeing that youth employment is critical for social and economic stability and growth, focusing on youth entrepreneurship development becomes an ultimate priority in achieving a Sustained Africa with enough job opportunities for its young people by 2050.
Hence, the need for a more youth focused intervention programme for Rollback Unemployment Campaign is required. In the next 25 or 30 years, youth between 15 and 25 years old today would have become the next generation of adults active in social services. So, to design a long-term youth focused intervention programme will be more effective to sustainable development than generalized interventions. This is the reason for the ROLLBACK UNEMPLOYMENT CAMPAIGN FELLOWSHIP FOR YOUNG AFRICAN ENTREPRENEURS.
Our Key Programmes & Projects
At THE STAGE AFRICA FOUNDATION through RollBack Unemployment Campaign, we design and implement efficiency programs and projects targeting sustainable development in Economy through youth empowerment, education and job placement and we ensure the benefits & efficiency of these programs reach those who need them most. Find them below:
Our Fellowship programme composes of 3 tasks, Training for Young Africans, Training for Trainers, and Advanced Business Training Certifications, all of them aiming to provide a space for young people and young entrepreneurs to learn and develop together, to experience entrepreneurship education in an intercultural, international context, and to focus on exchange of good practice and identifying solutions to common challenges.
Through Rollback Unemployment Campaign FARM AFRICA Programme researches and develop strategies to make agriculture an attractive enough option for youth business investment and employment, including moving away from subsistence agriculture, and introducing commercialization and productivity improvements through technological changes and infrastructure support.
WikiGrant is a Global crowdfunding, Mentorship and networking platform, connecting entrepreneurs and SME’s in Africa, with financiers, mentors and other entrepreneurs to realize their dreams together and make jobs available to Africa. Financiers and mentors across the world will have the opportunity to connect with millions of inspiring ideas, businesses & entrepreneurs rooted in Africa, all in the palm of their hands!
Let’s partner with you to launch WikiGrant for a continent with so much potential!
WikiGrant is a project to develop a global crowd-funding, mentorship and network social online platform for entrepreneurs rooted in Africa! We are at the development stage of this project. By partnering with us to develop this project, you are ensuring that over 1million new businesses are jumb-started and hundreds of millions of economic and job opportunities are made available to the people of the world’s future most populated continent. Join forces with us today to inspire greater dreams and help bring creative ideas to life in Africa and around the world.
OUR DEVELOPMENT BUDGET FOR WIKIGRANT IS $200,000! WE NEED HELP WITH RAISING OVER 50% OF THE FUND. WE NEED YOUR HELP? USE THE BUTTON BELOW TO TAKE ACTION RIGHT AWAY!
#7 Parakuo Crescent, Wuse 2, Abuja, Nigeria, W/Africa.
Register now for 2019 induction into the Fellowship for Young African Entrepreneurs!
2019 SPECIAL MEMBERSHIP ACCELERATION PROGRAMME SMAP