Mark Smith, Jako Volschenk and Meshach Aziakpono|
AFRICAN countries are experiencing an unprecedented level of unemployment among young people. The unemployment numbers are expected to increase given the booming youth population in Africa.
Not only are more young people without jobs, the vast majority are employed in the informal economy. The International Labour Organisation puts the proportion of 15-24 year olds employed in the informal economy in the world at 95% in 2018. The proportion in sub-Saharan Africa is in the same ballpark.
If not arrested, this situation presents a ticking time bomb with adverse political and socioeconomic consequences.
The problem is particularly acute in South Africa. World Bank statistics show that in 2019 the youth unemployment rate in South Africa stood at 58%, which is one of the highest in sub-Saharan Africa. For South Africa, the unemployment numbers are expected to increase. Over 60% of the unemployed at
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