African nations bank on trade deal to create employment
The African Heads of States and Governments pose during African Union (AU) Summit for the agreement to establish the African Continental Free Trade Area in Kigali, Rwanda, on March 21, 2018. PHOTO | AFP
African leaders are banking on the African Continental Free Trade Agreement (AfCFTA) to help address the rising unemployment rate among its youth population.
According to the African Development Bank, about 13 million young people enter the labour market every year — the number is expected to reach 30 million annually by 2030 — yet only three million (about 33 per cent ) are in salaried employment.
