As the African continent continues to pursue economic growth, one of the major drivers will be industrialisation. Accordingly, industrialisation will come with potential job opportunities.
However, the challenge for these economies will be that the jobs may not be readily available as technology, and mechanisation will play that role.
How the continent deals with this dilemma as many people remain unemployed will be the subject of discussion by business leaders, NGOs and government leaders at a three-day World Economic Forum for Africa taking place in Kigali, Rwanda starting today.
However, the challenge for these economies will be that the jobs may not be readily available as technology, and mechanisation will play that role.
How the continent deals with this dilemma as many people remain unemployed will be the subject of discussion by business leaders, NGOs and government leaders at a three-day World Economic Forum for Africa taking place in Kigali, Rwanda starting today.
The theme of the conference is “Connecting Africa’s Resources through Digital Transformation.”
“The Fourth Industrial Revolution presents a unique opportunity to build stronger, fairer, more prosperous societies, but this can only be achieved through strong institutions, greater regional integration and investment in key areas such as infrastructure, education and industries.
“There is vast scope for public-private co-operation to help realise these goals,” said Elsie Kanza, head of Africa and member of the executive committee, World Economic Forum.
“The Fourth Industrial Revolution presents a unique opportunity to build stronger, fairer, more prosperous societies, but this can only be achieved through strong institutions, greater regional integration and investment in key areas such as infrastructure, education and industries.
“There is vast scope for public-private co-operation to help realise these goals,” said Elsie Kanza, head of Africa and member of the executive committee, World Economic Forum.
Continental growth
There has been a narrative about Africa’s growth, with some quarters noting that the continent is progressing.
Unemployment in countries such as Uganda was a subject of the recently concluded presidential election.
The ruling party, NRM, in its campaign manifesto emphasised that infrastructure development will lead to industrialisation and in-turn create employment for the people.
“The World Economic Forum on Africa allows us to take this conversation further and identify opportunities for public-private partnership that will generate more jobs and higher living standards in Africa as a whole,” said Mr Claver Gatete, the minister of Finance and Economic Planning, Government of Rwanda.
There has been a narrative about Africa’s growth, with some quarters noting that the continent is progressing.
Unemployment in countries such as Uganda was a subject of the recently concluded presidential election.
The ruling party, NRM, in its campaign manifesto emphasised that infrastructure development will lead to industrialisation and in-turn create employment for the people.
“The World Economic Forum on Africa allows us to take this conversation further and identify opportunities for public-private partnership that will generate more jobs and higher living standards in Africa as a whole,” said Mr Claver Gatete, the minister of Finance and Economic Planning, Government of Rwanda.
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