Solving Africa’s Youth Unemployment Crisis through Innovation
Over 600 million people under the age of 25 live in Africa, and 72% of them are unemployed or underemployed. By 2035, the International Monetary Fund estimates the number of Africans joining the labor market each year will exceed that of the rest of the world combined. To meet this demand, 18 million new jobs will have to be created each year for the next 20 years across Sub-Saharan Africa. This video tells the story of three young entrepreneurs who have created their own jobs, and also employ others in the community. Each one of these remarkable young people are providing a sustainable source of income and the opportunity for a better life, as well as the dignity that comes with work. The video was made in partnership with Mastercard Foundation.