About 10 million African youths are unemployed or in vulnerable employment, the President, African Development Bank Group, Dr Akinwumi Adesina has said.
He said this during the launching of the Presidential Youth Advisory Group, at the sidelines of the 6th EU-Africa Business Forum in Abidjan on Wednesday.
Adesina stated that the initiative would create 25 million jobs in Africa.
According to him, out of the 13 million youths that enter the labour market each year, only 3 million (about 33% of African youth) are in wage employment.
He explained that Africa had employment crisis and that it would worsen if nothing is done to quickly address it now.

“The annual gap of more than 8 million jobs is going to worsen, with the number of youth expected to double to more than 800 million in the next decades.
To him, this development can lead to serious security crisis unless employment is quickly found for the teeming population of youths in Africa.
Africa’s youths, though strong and dynamic, cross the desert or the Mediterranean Sea because they do not find decent jobs in Africa.
“Graduates are wandering in the streets, jobless. The low level of employment opportunities is also fueling violence and extremism in Africa.
“Forty percent of African youths engaged in armed violence join gangs or terrorist groups because of limited opportunities in their countries,” Adesina said.

Source

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