Africa needs to industrialise to create jobs – AfCFTA

June 21, 2021 Business Ghana 0 Comments

Mr Wamkele Mene, Secretary-General, Africa Continental Free Trade Area (AfCFTA), has reiterated that Africa needs to industrialise to create jobs for the people.

He said Africa’s population was young and growing fast, with a population of about 1.3 billion, it was the second highest after Asia.

Speaking at the honorific public lecture, Mr Mene informed that due to the rapid rural-urban migration, the population in cities would triple by 2050.

The leacture, in honour of Daniel M.C. Korley at the University of Professional Studies, Accra (UPSA), was on the theme, “Creating the Next Generation of Entrepreneurs Through AfCFTA”.

Speaking on the topic, “The AfCFTA and the New Age of African Enterprise,” Mr Mene said it was estimated that the African labour force would swell by more than 170 million people between 2010 and 2020.

“If there are no productive jobs for these people, the fight against poverty will be lost given that the most important determinant of whether someone in Africa is in poverty, or not, is whether they have a job,” Mr Mene stated. Read More.

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