TransEra Solutions’ Post

Overcoming the challenges that hinder job creation in Africa requires a comprehensive, multi-faceted approach that addresses both the systemic issues and the root causes. The core foundation for overcoming these challenges involves the following key pillars: Political stability: Ensuring peace and stability is critical. Conflicts and political unrest discourage investment and disrupt job creation efforts. Governments must work toward fostering inclusive political processes and resolving conflicts peacefully. 2. Infrastructure Development Building robust infrastructure: Modernizing transport networks (roads, railways, ports) and ensuring reliable energy supply (electricity, renewables) are fundamental for industrial development and job creation. Infrastructure enables businesses to operate efficiently, reduces the cost of doing business, and opens up opportunities for employment. Digital infrastructure: Expanding internet access and digital tools can facilitate growth in sectors like technology, e-commerce, and services, which are critical for job creation in the modern economy. 3. Education and Skill Development Reforming education systems: Aligning educational curricula with the demands of the labor market is essential. This includes emphasizing STEM (science, technology, engineering, and mathematics) education, as well as vocational and technical skills that directly prepare youth for job opportunities. Upskilling and reskilling: With technological advancement, many industries require workers to possess new skills. Providing training programs, digital literacy courses, and vocational education can help workers adapt to evolving job markets. 4. Access to Finance and Capital Facilitating access to finance: Small and medium-sized enterprises (SMEs) are often the biggest job creators, but they face difficulties accessing funding. Governments and financial institutions can help by creating favorable financing conditions, such as offering loans with low-interest rates, grants, and venture capital support for startups. 5. Industrialization and Diversification Promoting industrialization: Africa needs to move away from raw material exports and focus on adding value through local processing and manufacturing. This shift can create millions of jobs in industries such as food processing, textiles, automotive, and technology. Economic diversification: Countries should diversify their economies to reduce dependency on a single sector (like oil, mining, or agriculture). Fostering new industries, including renewable energy, ICT, and services, can create sustainable employment opportunities. Leveraging technology and innovation: Africa has a huge potential to become a global player in technology-driven sectors. Investing in digital skills, e-commerce, fintech, and mobile technology can create new business opportunities, particularly for youth and women #tondogroup #africanfuture #investinafrica #nextfrontier #globalimpact

Economist Robert Lucas said: “Once you start thinking about [economic] growth, it’s hard to think about anything else.” Here’s why I can’t think about anything else these days: Because I care about driving more jobs in Africa, for Africans. 11M Africans enter the workforce each year for 3M jobs. With those numbers, we *all* should be thinking about jobs. Where do jobs come from? They *don't* come from upskilling certificates or hit-and-run training programs. They *do* come from employers hiring more people. What makes an employer hire more people? They’re growing or they’re moving into a new market (whether to sell or to hire). What kind of employers hire more than anyone else - at least in healthy economies? Small businesses. (Or SMEs, or SGBs, or firms, or whatever you want to call them.) But what don’t we have enough of here in Africa? Businesses that are growing & employing more people. Instead 77% of Sub-Saharan Africa is self-employed (which in many cases also means “under-employed”). We need to focus on growing SGBs (small & growing businesses), particularly in sectors that are ready to boom like Africa’s green economy and green transition. At Shortlist Professionals / Shortlist Futures, we’re becoming obsessed with the role of growing small firms as a chief enabler of more and better jobs, particularly within the green economy. We’re looking to launch a new Green Jobs Accelerator targeting money and support to small businesses that aspire to grow, employ more people, provide on-job training, and create better jobs. Wanna partner? Let’s talk!! ♻️ Repost this to share with anyone interested in jobs in Africa. And follow Paul Breloff for more insights on the future of work.

Africa is experiencing a crisis of missing jobs. Recent trends—from GenAI & Automation to stagnating industries and shifting global demand markets—are only widening the gap. But amidst all the challenges, we think there are pockets of opportunity: Jobtech platforms have the potential to rewrite the narrative, creating new pathways for meaningful work. In a guest post on Afridigest, we’ve outlined 10 sectors where we see the most promise. Some are already gaining traction, while others are just starting to emerge—but all of them have the potential to make a difference. 📖 Read more: https://lnkd.in/dUk8x-2t

Interesting article. Do you know the top 10 in demand jobs and careers in South Africa 2024?

Spotlight on Job Trends: Did You Know? Did you know that the demand for digital and tech skills is on the rise in South Africa? With high unemployment rates, job seekers who focus on upskilling in areas like data analysis, programming, and digital marketing may have a competitive edge. #TechJobs #Upskill #SAJobMarket

The current state of the job market in South Africa is deeply concerning, and as someone specializing in public management, I've witnessed first-hand the economic challenges contributing to this crisis. The alarming stagnation in hiring across sectors raises urgent questions about the sustainability of our workforce and the long-term prospects for the thousands of graduates we are producing each year. South Africa's economy is grappling with structural issues, including high unemployment rates, stagnant economic growth, and systemic barriers that hinder the creation of new opportunities. For young professionals and graduates, this means facing a harsh reality: a scarcity of job opportunities, leading many to remain in toxic or underpaying work environments simply to avoid financial ruin. This scenario poses a critical threat not just to individual well-being but to the larger socio-economic fabric of our country. Without significant reform and proactive policies that encourage job creation, support small businesses, and foster innovation, the cycle of joblessness and economic stagnation will only deepen. As public administration professionals, policymakers, and citizens, it’s time to collectively advocate for strategies that can catalyse growth, empower our workforce, and build a more resilient economy. How can we ensure that our young talent finds opportunities to thrive? This is the question we must answer if we are to safeguard our nation's future

South Africa boasts incredible potential, but a growing skills gap threatens to hold back our economic engine. In tomorrow’s newsletter, we delve into the specific sectors most affected and explore the potential consequences for the country's future. But it's not all doom and gloom! I also explore potential solutions and how businesses can bridge the gap. Don’t miss out, subscribe on: https://lnkd.in/dtdt6twY and follow me to see if your industry is feeling the squeeze. If you want to see it first, then turn on the 🔔 notification. #skillsgap #southafrica #economy #talenthunting #jobmarket #hiring Emerging Search Consultants P.S. Do you see the skills gap impacting your industry? Share your thoughts in the comments!

In 2025, South Africa will continue to face significant unemployment challenges, although there are signs of gradual improvement. Efforts to boost economic growth through infrastructure projects, renewable energy investments, and digital transformation are helping create some job opportunities. However, structural issues like inequality, skills shortages, and high youth unemployment persist. The government remains focused on initiatives such as the Presidential Employment Stimulus and skills development programs to enhance job creation. The informal sector and gig economy continue to play a critical role in absorbing job seekers. Despite ongoing efforts, finding stable employment remains difficult for many, especially in rural areas and industries affected by automation.

Did you know that Nigeria’s median age is just 18? With nearly 50% of the population under 30 and 42% under 15, the country is brimming with potential to redefine the global workforce. At AIA’s third Global Jobs for Africa Policy & Practice Lab, this time in #Lagos, we gathered with some of the best talent export organizations to explore how Africa’s youth can take their place on the world stage. From discussing the unique dynamics of East and West African labor markets to uncovering the unexpected influences of donors and weather patterns, it was clear: Africa’s workforce is complex, but dynamic and ready for the future. Here’s what stood out: 👉 From data entry to legal and accounting roles, the global remote job market is expanding, and young Nigerians are stepping up, eager to learn and grow. 👉 There is a huge opportunity in creating a unified skills matrix, measuring durable skills, strengthening industry connections, and tapping into the global Nigerian diaspora. 👉 The Nigerian government is seeking collaborative opportunities for ecosystem building, with a focus on matching youth to digital jobs at home and abroad. And some new, and unexpected, questions/observations: - Being English-speaking on paper is quite different from fluency in Business English at a high standard. - How do we teach durable skills programs in an African, 'Gen-Z compliant' way? - What is the right definition of a decent job? Is there a difference between 'labor' and 'talent'? For non-industrialized countries, mass employment industries often don't offer highly paid or 'knowledge-based' jobs, at least not at first. - Rather than give up on skilling efforts, how about radically reforming training to be market-driven finishing schools? - If you can't access a global employer as an apprentice, could you choose a 'glocal' - local company with global standards - to gain that early formative experience? Even as we seek answers, one thing is for sure: if we’re serious about Africa’s future, we need all kinds of jobs—across sectors and skill levels—to keep up with population. We look forward to collaborating with our Nigerian skilling ecosystem partners as we all exchange knowledge to put our young people to work! Source: Worldometer Biola Alabi Phyl Georgiou Mukui M. Paul Breloff Chris Quintero Seni Sulyman Simone Bartlett Amal Hassan Ashley Immanuel, Francis Sani O., Lara Rabiu, Ope Bukola, Ore Omolaja, Sefunmi Osinaike, Seni Sulyman, Simone Bartlett Matthew Grollnek Sharmi Surianarain Dr Jumoke Oduwole

Post 10: The Future of Work in a Digital Africa Industry Insight: The digitalisation of work is transforming industries and creating new job opportunities. Remote work, digital skills training, and gig economy platforms are becoming more prevalent across Africa. Regional Developments: North Africa: Morocco Promoting Digital Skills Training: Morocco is investing in digital skills training programs to prepare its workforce for the digital economy. Initiatives like the Digital Morocco 2020 strategy aim to enhance digital literacy and create job opportunities. East Africa: Kenya Embracing Remote Work and Gig Economy Platforms: Kenya is embracing remote work and gig economy platforms such as Ajira Digital, which connects freelancers with job opportunities. The platform has registered over 1 million users, providing significant employment opportunities. West Africa: Nigeria Leading in Digital Job Creation: Nigeria is leading in digital job creation with platforms like Andela, which trains software developers and connects them with global companies. The country is also focusing on digital skills training to boost employment. Southern Africa: South Africa Focusing on Digital Skills Development: South Africa is focusing on digital skills development through initiatives like the Digital Skills for Jobs and Income (DS4JI) program, which aims to equip young people with the skills needed for the digital economy. Central Africa: Cameroon Enhancing Digital Literacy Programs: Cameroon is enhancing digital literacy programs to bridge the digital divide. Projects like the Cameroon Digital Transformation Strategy aim to improve digital skills and create job opportunities. #FutureOfWork #DigitalSkills #Africa #DigitalTransformation Check out our other posts in this series: Post 1: The rise of Fintech in Africa https://lnkd.in/eH4tYMap Post 2: The impact of AI on African agriculture https://lnkd.in/eg4JNnYM Post 3: Digital Health Innovations https://lnkd.in/envJQsdJ Post 4: Smart Cities Development https://lnkd.in/eq_ecrfS Post 5: The Growth of eCommerce https://lnkd.in/eZ-pkTXQ Post 6: Blockchain and Decentralised Finance (DeFi) https://lnkd.in/eiuabNfT Post 7: The Role of Digital Education https://lnkd.in/enQNRssy Post 8: Cybersecurity Challenges and Solutions https://lnkd.in/et7PvB4H Post 9: The Evolution of Digital Infrastructure https://lnkd.in/etEre5Up Visit our website www.rigby-hall.co.uk