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You are here: Home / cat / AfDB Forum Calls for Shift From Job Counting to Enterprise Creation to Harness Africa’s Youth Dividend

AfDB Forum Calls for Shift From Job Counting to Enterprise Creation to Harness Africa’s Youth Dividend

Dated: June 1, 2026

African policymakers, development experts, and youth leaders are urging a major shift in economic strategy, calling on governments to focus less on job counts and more on the creation of value-generating enterprises. The appeal was made during discussions at the African Development Bank Group’s 2026 Annual Meetings in Brazzaville, which centered on how Africa can better harness its rapidly growing youth population for economic transformation.

Speakers warned that Africa’s demographic expansion presents both an opportunity and a risk, depending on whether governments can generate productive employment and strengthen enterprise ecosystems. With the continent’s youth population expected to grow significantly in the coming decades, experts emphasized that economic policies must evolve to match labour market realities.

A central theme of the discussions was the mismatch between education systems and labour market needs. Policymakers noted that many African economies continue to produce graduates in fields that do not align with available opportunities, contributing to persistent youth unemployment. They stressed the need for closer coordination between governments, industry, and education providers.

Experts also highlighted that economic growth alone is not sufficient to create meaningful employment. In many cases, young workers remain trapped in informal or low-productivity jobs that do not offer stability or long-term prospects. Addressing this challenge, they argued, requires stronger industrial policies, improved skills development, and better alignment between training and market demand.

Agriculture was identified as a key sector with untapped potential, though speakers noted that it is often viewed by young people as a low-income option. They called for a transformation of agricultural systems through value chain development, including processing, logistics, mechanisation, and digital innovation to make the sector more attractive and profitable.

Entrepreneurship emerged as a key solution throughout the forum, with participants advocating for stronger incubation systems, improved access to credit, and expanded support for startups and small businesses. Youth representatives stressed the importance of shifting mindsets toward enterprise creation and technical professions rather than traditional salaried employment alone.

Development experts also pointed to the need for stronger institutional support for innovation ecosystems, including technology hubs and investment platforms that can help scale African enterprises. They emphasized that productivity, rather than employment statistics alone, should be the primary measure of economic progress.

The discussions further highlighted structural barriers such as limited infrastructure, fragmented investment strategies, and restricted mobility under regional trade frameworks. Addressing these challenges, speakers argued, will be essential for enabling young entrepreneurs to expand across borders and access larger markets.

The forum concluded that Africa’s demographic dividend can only be realized through coordinated reforms that prioritize enterprise development, skills alignment, and productive economic transformation. Without such changes, experts warned, the continent risks missing a critical opportunity to convert its youthful population into sustained economic growth.

The overarching message from the African Development Bank forum was clear: long-term prosperity will depend not just on creating jobs, but on building systems that enable scalable, value-creating enterprises capable of driving inclusive development across the continent.

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