29 Oct 2018

AFRICA: THE MENACE OF UNEMPLOYMENT AND ITS SOLUTIONS


      
   “If properly managed, Africa’s wealth is enough
        to place the continent among top players in the world.” – M.T. Olawoyin, 2018.

Unemployment is one of the menaces with global recognition. This is primarily because no continent is safe from it. It is virtually present in all the countries of the world, except that the percentage varies.

 However, in Africa, with a population of 1.2 billion, the percentage keeps increasing exponentially. This is despite the abundance of both human and natural resources.

The continent has the richest deposit of natural resources such as oil, copper, diamond, bauxite lithium,gold among other bounties. The increase in the percentage of unemployment in Africa can, therefore, be effectively attributed to corruption and mismanagement of the available resources.