This seems like to a good time to quote from an article on remarks made by the European Commissioner for Development, Andris Piebalgs, speaking at an international youth job creation summit in London earlier this fall:
Sub-Saharan Africa’s relatively low youth unemployment rate of 3 per cent, compared with the 50 per cent in some European countries, disguised the scale of the issue…
“Most of the jobs are in the grey or informal economy. They work to survive, or to work on their parents’ farm,”
At the same time, their expectations were rising and many of them saw economic growth rates averaging 4.5 per cent as inadequate compared with the 10 per cent achieved by some other emerging economies.
“If these countries get a positive growth agenda, I believe they will come over the hill,”
“In a worst-case scenario, there would be instability, conflict between groups and a lot of refugees in all directions.”