Skip to main content

Perspectives on Developing and Sustaining the African Economy

"Poverty Reduction, Employment Creation and Infrastructural Development"


Ede Nida Eghafona
Benin City, Nigeria
On the area of poverty reduction, employment creation and infrastructural development, the African economy is gradually headed for the rocks. Endowed with able bodied youth, fertile soil and genius minds, we are failing to harness the energies of these potentials. I propose that the African economy can develop and sustain itself in this regard.

On the aspect of infrastructural development which seems like the hardest nut to crack. Inadequate infrastructure largely frustrates growth and development, resulting in low levels of intra African trade and trade with other regions. The continent accounts for 12% of the world’s population but generates a mere 1% of global GDP and only 2% of the world’s trade. It has been noted that six out of the ten of the World’s most rapidly expanding countries are located in sub Saharan Africa, bringing more reason for quick infrastructural development and sustenance.


If government can facilitate better access to essentials of production like capital, land and workforce; if the African states pay close attention to creating room for resources to develop and sustain infrastructure as well as entrepreneurial development, the infrastructural sector will take a turn for the better and eventually the “best”!


 Industries should be set up and maintained, then the essentials of production should be channelled into the agricultural sector. This, if properly developed and sustained, can be one of our biggest bets. Capital should be channelled to people who propose very promising business plans. The educational sector should also be structured in a way as to prepare people to be capable of being self-employed. If infrastructure can be developed and sustained, and the workforce is available, the yield will be massive! More employment and poverty reduction will follow because the infrastructure will need a workforce. 


It will be amazing to see how one stone can kill ‘’THREE’’ birds! We cannot totally eradicate these three drawbacks in our African economy but we can gradually steer them towards a massive decline using our African capabilities, fertile soil, genius minds and the strength of our character.





The statements, comments, or opinions expressed through the use of IGNITE THE YOUTH are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of IGNITE THE YOUTH. 

Comments

Popular posts from this blog

Call For African Youth Activists

What is an “Ignite Activist”? ­ An Ignite Activist is a high powered​ and ambitious young African individual. They are patriotic about their own country and the African continent as a whole. They are keen to speak out, share their opinions or experiences, and are always ready to defend the well-being of the African Youth! As vocal youth activists, they strive to not only lead the conversation on African Youth, but to ignite young Africans into Change-makers!
About Our Youth Activism Program ­ For a period of up to 6 months, corresponding youth activists will be engaged under the leadership and guidance of our International Panel. While there will be a formal set of activities, youth activists will have the liberty to call upon fellow members towards a particular cause, post and share articles or video messages to make themselves and their views heard! After 6 months of voluntary service, these members will be accorded with Alumni status and receive adequate recognition for their selfle…

Bisharo Ali Hussein (Somalia) - African Youth Role Model Series

Bisharo Ali Hussein is a Kenyan-Somali activist and outspoken champion for Women’s Rights and Gender Equality in Somalia. She channels her activism through her career as a Protection Officer for the Norwegian Refugee Council (NRC) in Galkayo, Somalia and also served as an African Youth Activist of Ignite The Youth from 2015 to 2016. As an Ignite The Youth activist she shared on the youth experiences of conflict in her country and “Ensuring Access to Education for all”. Her most spirited campaigns however were part of her Women’s Rights agenda; which focused on demanding an end to Female Genital Mutilation and early marriage, and her advocacy for Gender Equality; arguing for gender-biased inheritance laws to change. Bisharo is currently pursuing her Postgraduate Diploma in ‘International Gender Studies’ at the University of Iceland.
Almost 2 years after serving as a corresponding activist for Ignite The Youth, Bisharo insists that Somali women remain one of the most vulnerable groups in…

The African Youth Commission [PROFILE]

"From Internet Community to One Governed by a Constitution"
The African Youth Commission (AYC) was founded in November 2013, as the African Union Youth Working Group (AUYWG), at a Youth Consultation on Agenda 2063 in Tunis,Tunisia. From 2013 to 2015 the AUYWG collaborated via an active mailing list, for the 2 years of online interaction the network invited numerous African Youth Leaders in the continent and diaspora. The working group later changed into a Commission as the cause of the network evolved by consensus to create a youth mirror to the African Union Commission. 
"The main objective of establishing the Commission is to organize all young people in Africa and Diaspora...to support the work of African youth, Youth structures (Pan African Youth Union & Youth Division of the African Union Commission) in their quest to effective service delivery and advocacy activities on the African Youth Charter..." - AYC
At this point the Commission proceeded to draft its o…