A lack of access to education combined with the mismatch of learned skills to the actual job market needs keeps enlarging the gap in job security. Only one in six young people in Africa are in proper wage employment, leading to the lowest global formal unemployment rate.
This is not a purely “African problem” with young Africans emigrating to developed countries in hopes of a better future. A future that could be rather built in their own home countries. The world is moving towards digitalization. We can do almost anything from our computers from shopping for groceries to voting. This digital economy is paving the way towards better job security.
Is the rise of African startups in the financial services sector a success story leading the example for the provision of job security through digital development?
Is the digital economy paving the path towards job security?