African Economic Conference: Hanan Morsy on how to build capacity development for African youths

The theme of this year's African Economic Conference focuses on jobs, entrepreneurship and capacity development for African youths. This was jointly organised by African Development Bank (AfDB), United Nations Economic Commission for Africa (UNECA) and United Nations Development Programme (UNDP) in Sharm el-Sheikh, Egypt. Hanan Morsy, Director for Macroeconomic Forecasting and Research at AfDB joins CNBC Africa to discuss the ways to build capacity development for African youths.

Thu, 05 Dec 2019 13:00:30 GMT

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AI Generated Summary

Africa's youth population is rapidly growing, with 830 million people on the continent and a third of them being youth. By 2050, the youth population is expected to double, underlining the critical need for creating sufficient and decent jobs for the continent's development.
Collaboration among stakeholders is essential to address the challenges of job creation and skill development. The public sector alone cannot meet the demand for jobs, necessitating a vibrant private sector and reforms in the education system to bridge the gap between skills provided and those needed in the job market.
The African Economic Conference provides a platform for dialogue and peer learning, bringing together government officials, policymakers, private sector representatives, academic researchers, and youth delegates to exchange ideas, share experiences, and work towards sustainable solutions for empowering African youths.

The African Economic Conference took place in Sharm el-Sheikh, Egypt, jointly organized by the African Development Bank (AfDB), United Nations Economic Commission for Africa (UNECA), and United Nations Development Programme (UNDP). The theme of this year's conference was centered around job creation, skill development, and entrepreneurship for African youths. Hanan Morsy, Director for Macroeconomic Forecasting and Research at AfDB, discussed the importance of building capacity development for African youths during a recent interview with CNBC Africa. With Africa being the youngest continent, having a rapidly growing youth population, the focus on creating sufficient and decent jobs is crucial for its development. Morsy emphasized the need for collaboration among various stakeholders including government officials, private sector, academic researchers, and youth representatives to address the challenges and work towards sustainable solutions. The conference provided a platform for dialogue, learning from international experiences, and promoting evidence-based research to support policymaking in the continent.