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Africa requires human capital investment to nurture next generation of leaders – EU

The European Union (EU) Commissioner for International Partnerships, Jutta Urpilainen, has highlighted the importance of involving youths in shaping policies, reflecting the EU’s commitment to empowering young Africans.

According to her, Africa requires increased human capital investment by the European Union in nurturing the next generation of African leaders, and this entails support for educational institutions, dialogue platforms, and business partnerships to cultivate a skilled workforce and future leaders.

Urpilainen noted saying that,

She also stated that the EU is aware of Africa’s rising prominence on the global stage evident in its growing diplomatic involvement, expanding presence in multilateral forums, and increasing demand for representation in institutions like the UN Security Council.

This trend is underscored by the recent visits of high-ranking officials from the US, China, and Russia to the continent, she noted.

Recognizing Africa’s escalating significance, she pinpointed the EU’s commitment to substantial resources to the continent through initiatives like the €300 billion “Global Gateway,” with a significant portion allocated specifically for Africa.

According to her, Africa’s growth is predicated on the report that indicates that, by 2030, the continent will constitute 20% of the world’s population, with a majority under the age of 20.

She said that by 2030, Africa could surpass both China and India in terms of employed population.

However, the advantage of Africa’s youthful demographic can only be realized through education and skill development.

She posited that enhanced education not only stimulates market growth but also boosts incomes and facilitates the mobility of skilled labour. If leveraged through education, skills, and job training, this untapped workforce has the potential to transform from a demographic challenge into a valuable resource driving sustainable human development.

A well-educated and skilled workforce not only drives economic growth but also fosters stability and resilience against radicalization and external interference.

 

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