The Central African Ministerial Conference on Youth Employment held Tuesday, February 7 in Yaoundé, Cameroon, was a resounding success, with over 200 participants attending the high-level event. The conference opened with the testimony of young entrepreneur Fabrice Olomo, who engaged the audience on issues faced by youth when starting their businesses, and demonstrated how bright the future can be when young Africans are empowered.
In his welcoming address, the African Development Bank’s Resident Representative in Cameroon, Racine Kane, expressed his gratitude to the Government of Cameroon for hosting the Bank’s Jobs for Youth Ministerial Conference. While addressing the audience, he added, “The Bank is committed to finding resolution to this ever-important issue, and that is why it has adopted the coordinated approach of the Jobs for Youth in Africa Strategy”.
Africa’s population is rising rapidly and will reach 2 billion by 2050. It is expected that the youth population will double from 480 million today to 840 million by 2050. This means that Africa will be the youngest continent in the world.
Unless employment opportunities are created for them, this rapidly growing youthful population could give rise to serious social, economic, political and security challenges.