Africa’s oil, gas sectors can consume Africa’s unemployed youth
Lazarus Sauti Young people aged between 15 and 25 represent more than 60 percent of Africa’s total population and account for 45 percent of the total labour force, says the African Economic Outlook. It adds that unlike other developing regions, Africa’s population is becoming more youthful, with youth as a proportion of the total population projected at over 75 percent by 2015, due to the high fertility rate underlying the demographic momentum. Further, notes the African Economic Outlook, it is expected that this increase in the number of young people will not decline before 20 years or more. The challenge, therefore, is for African governments to provide labour for this booming population. This means governments, private and public sector players as well as development partners in the continent must look for ways to consume unemployed youths. One ways, according to the United Nations Conference on Trade and Development (UNCTAD), is to exploit oil, gas and mining s...