Friday
April 24
2026

Africa’s Firms are Not Growing—New Data Reveal a Jobs Challenge

By Hibret Maemir, Jorge Luis Rodriguez Meza

Sub-Saharan Africa needs to create roughly 15 million new jobs new jobs every year to absorb its growing working-age population. Meeting that target requires not only new firms entering the market but also existing ones growing — and on this second front, the evidence is troubling.

Photo courtesy of GovernmentZA.

Source: World Bank Blogs (link opens in a new window)

Categories
Agriculture, Energy, Finance, Health Care, Investing, Social Enterprise, Technology, Telecommunications, Transportation, WASH
Tags
business development, data, employment, global development, manufacturing, scale