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Africa’s biggest investment is its quality of human capital: Biteye
The quality of Africa's human capital is its biggest investment but it needs policies to enable innovation and scale technology, argues Mamadou Biteye, Managing Director Africa Regional Office, Rockefeller Foundation.
Wed, 03 May 2017 07:45:59 GMT
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AI Generated Summary
- The importance of inclusive economies over mere economic growth, especially in addressing inequalities and fostering prosperity for all segments of the population.
- Key areas such as agriculture and energy play a vital role in enabling economic participation and reducing hunger, highlighting the need for strategic investments and policy interventions.
- Empowering marginalized groups like youth and women through targeted policies and educational reforms is essential to harness Africa's demographic dividend and drive sustainable economic progress.
Africa's journey towards inclusive growth and development has long been a topic of conversation, with many acknowledging the continent's economic strides while also highlighting the persistent inequalities that hinder progress. Mamadou Biteye, the Managing Director of the Africa Regional Office at the Rockefeller Foundation, delves into the critical importance of investing in Africa's human capital as the cornerstone of inclusive growth and sustainable development. In a recent interview with CNBC Africa, Biteye emphasized the need for policies that promote innovation and technology scaling to harness the continent's vast potential. The conversation centered on key areas such as agriculture, energy, and empowering marginalized groups like youth and women. Biteye highlighted the urgent need for targeted policies and investments to unlock Africa's demographic dividend and propel economic growth. The interview underscored the crucial role of human capital in driving Africa's prosperity and the imperative of nurturing a skilled and resilient workforce for the future. As Biteye aptly puts it, 'The quality of human capital is Africa's biggest investment'.
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