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Mozambique Agri
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    Quality of South African citrus remains commendable: Saudi Arabia

    Quality of South African citrus remains commendable: Saudi Arabia

    Seamless Operation of Trains Between South Africa and Mozambique Extended to Include Chrome and Ferrochrome Flows

    Seamless Operation of Trains Between South Africa and Mozambique Extended to Include Chrome and Ferrochrome Flows

    Mozambique’s GDP Grows by 4.67% in Q2 2023, Fueled by Primary Sector

    Mozambique’s GDP Grows by 4.67% in Q2 2023, Fueled by Primary Sector

    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    The group is committed to investing significantly on Tongaat Hulett Limited: Kagera Sugar MD

    The group is committed to investing significantly on Tongaat Hulett Limited: Kagera Sugar MD

    Attracting finance to Africa’s rainfed agriculture to build climate resilience.

    Attracting finance to Africa’s rainfed agriculture to build climate resilience.

  • Africa
    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    Kyosk Acquires KwikBasket to Accelerate its Farm & Fresh Line of Business, Transforming the Distribution of Fresh Produce in Africa

    Kyosk Acquires KwikBasket to Accelerate its Farm & Fresh Line of Business, Transforming the Distribution of Fresh Produce in Africa

    African Development Bank adopts new Country Strategy Paper covering 2023-2028

    African Development Bank adopts new Country Strategy Paper covering 2023-2028

    GLENCORE AFFIRMS COMMITMENT TO BIODIVERSITY PROTECTION AT ITS DRC INDUSTRIAL ASSETS IN RECOGNITION OF UN INTERNATIONAL DAY FOR BIOLOGICAL DIVERSITY

    GLENCORE AFFIRMS COMMITMENT TO BIODIVERSITY PROTECTION AT ITS DRC INDUSTRIAL ASSETS IN RECOGNITION OF UN INTERNATIONAL DAY FOR BIOLOGICAL DIVERSITY

    Agrilevante to exhibit robotics for agriculture

    Agrilevante to exhibit robotics for agriculture

    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

  • Company
    Norway pledges to build resilience of small aquaculture farmers in East and Southern Africa

    Norway pledges to build resilience of small aquaculture farmers in East and Southern Africa

    Tropical Cyclone Ana: WFP ready to provide food and logistics support for rescue and relief operations

    Tropical Cyclone Ana: WFP ready to provide food and logistics support for rescue and relief operations

    Mozambique authorities seek to combat biodiversity devastation by clamping on illicit fishing

    Mozambique authorities seek to combat biodiversity devastation by clamping on illicit fishing

    World Bank, UN launch programme to help Mozambique improve forestry management

    World Bank, UN launch programme to help Mozambique improve forestry management

    Basis of the Nampula economy calls for a re-orientation of efforts towards the most profitable cash crops, Says Nyusi

    Basis of the Nampula economy calls for a re-orientation of efforts towards the most profitable cash crops, Says Nyusi

    Sporadic rains worry Zambezi farmers

    UN announces US$1.2mln animal health programme for Mozambique

  • International
    Space 2023 promise to offer high-quality content

    Space 2023 promise to offer high-quality content

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Mozambique, Saudi Arabia enhance agriculture cooperation

    Australia’s Leading Global Producer of blueberries to Participate at Macfrut 2023

    Australia’s Leading Global Producer of blueberries to Participate at Macfrut 2023

    Macfrut 2023,Turkey to participate in International Blueberry Days

    Macfrut 2023,Turkey to participate in International Blueberry Days

    First Special Agriculture Industrial Zone launched in Mozambique

    EIMA 2022: Unlocking the growth potential of Africa’s Agribusiness

    Agricultural machinery: High demand on the world market

    Agricultural machinery: High demand on the world market

  • Markets
    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Mozambique, Saudi Arabia enhance agriculture cooperation

    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

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    President Nyusi reminds investors of the agricultural opportunities available in Mocuba District

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

    Mozambique Fisheries on high vigilance following outbreak of fish disease in Malawi

    Mozambique Fisheries on high vigilance following outbreak of fish disease in Malawi

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    Agrilevante to exhibit robotics for agriculture

    Agrilevante to exhibit robotics for agriculture

    IMPROVING WATER QUALITY TO ENSURE SUCCESS OF BROILER BUSINESS

    IMPROVING WATER QUALITY TO ENSURE SUCCESS OF BROILER BUSINESS

    AWARD targets to improve African smallholders’ livelihoods

    AWARD targets to improve African smallholders’ livelihoods

    Agricultural machinery: High demand on the world market

    Agricultural machinery: High demand on the world market

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    President Nyusi excited about the prospects the new vegetable oil factory brings

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  • News
    • All
    • Crops
    • Diary
    • Fresh Produce
    • Game & Wildlife
    • Livestock
    Quality of South African citrus remains commendable: Saudi Arabia

    Quality of South African citrus remains commendable: Saudi Arabia

    Seamless Operation of Trains Between South Africa and Mozambique Extended to Include Chrome and Ferrochrome Flows

    Seamless Operation of Trains Between South Africa and Mozambique Extended to Include Chrome and Ferrochrome Flows

    Mozambique’s GDP Grows by 4.67% in Q2 2023, Fueled by Primary Sector

    Mozambique’s GDP Grows by 4.67% in Q2 2023, Fueled by Primary Sector

    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    The group is committed to investing significantly on Tongaat Hulett Limited: Kagera Sugar MD

    The group is committed to investing significantly on Tongaat Hulett Limited: Kagera Sugar MD

    Attracting finance to Africa’s rainfed agriculture to build climate resilience.

    Attracting finance to Africa’s rainfed agriculture to build climate resilience.

  • Africa
    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    Agriculture Insurance: Africa’s Crucial Role and Partnerships for Growth

    Kyosk Acquires KwikBasket to Accelerate its Farm & Fresh Line of Business, Transforming the Distribution of Fresh Produce in Africa

    Kyosk Acquires KwikBasket to Accelerate its Farm & Fresh Line of Business, Transforming the Distribution of Fresh Produce in Africa

    African Development Bank adopts new Country Strategy Paper covering 2023-2028

    African Development Bank adopts new Country Strategy Paper covering 2023-2028

    GLENCORE AFFIRMS COMMITMENT TO BIODIVERSITY PROTECTION AT ITS DRC INDUSTRIAL ASSETS IN RECOGNITION OF UN INTERNATIONAL DAY FOR BIOLOGICAL DIVERSITY

    GLENCORE AFFIRMS COMMITMENT TO BIODIVERSITY PROTECTION AT ITS DRC INDUSTRIAL ASSETS IN RECOGNITION OF UN INTERNATIONAL DAY FOR BIOLOGICAL DIVERSITY

    Agrilevante to exhibit robotics for agriculture

    Agrilevante to exhibit robotics for agriculture

    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

  • Company
    Norway pledges to build resilience of small aquaculture farmers in East and Southern Africa

    Norway pledges to build resilience of small aquaculture farmers in East and Southern Africa

    Tropical Cyclone Ana: WFP ready to provide food and logistics support for rescue and relief operations

    Tropical Cyclone Ana: WFP ready to provide food and logistics support for rescue and relief operations

    Mozambique authorities seek to combat biodiversity devastation by clamping on illicit fishing

    Mozambique authorities seek to combat biodiversity devastation by clamping on illicit fishing

    World Bank, UN launch programme to help Mozambique improve forestry management

    World Bank, UN launch programme to help Mozambique improve forestry management

    Basis of the Nampula economy calls for a re-orientation of efforts towards the most profitable cash crops, Says Nyusi

    Basis of the Nampula economy calls for a re-orientation of efforts towards the most profitable cash crops, Says Nyusi

    Sporadic rains worry Zambezi farmers

    UN announces US$1.2mln animal health programme for Mozambique

  • International
    Space 2023 promise to offer high-quality content

    Space 2023 promise to offer high-quality content

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Mozambique, Saudi Arabia enhance agriculture cooperation

    Australia’s Leading Global Producer of blueberries to Participate at Macfrut 2023

    Australia’s Leading Global Producer of blueberries to Participate at Macfrut 2023

    Macfrut 2023,Turkey to participate in International Blueberry Days

    Macfrut 2023,Turkey to participate in International Blueberry Days

    First Special Agriculture Industrial Zone launched in Mozambique

    EIMA 2022: Unlocking the growth potential of Africa’s Agribusiness

    Agricultural machinery: High demand on the world market

    Agricultural machinery: High demand on the world market

  • Markets
    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Mozambique, Saudi Arabia enhance agriculture cooperation

    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Africa’s local ownership drive must balance foreign investment

    President Nyusi reminds investors of the agricultural opportunities available in Mocuba District

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

    Mozambique Fisheries on high vigilance following outbreak of fish disease in Malawi

    Mozambique Fisheries on high vigilance following outbreak of fish disease in Malawi

  • Equipment
    Agrilevante to exhibit robotics for agriculture

    Agrilevante to exhibit robotics for agriculture

    IMPROVING WATER QUALITY TO ENSURE SUCCESS OF BROILER BUSINESS

    IMPROVING WATER QUALITY TO ENSURE SUCCESS OF BROILER BUSINESS

    AWARD targets to improve African smallholders’ livelihoods

    AWARD targets to improve African smallholders’ livelihoods

    Agricultural machinery: High demand on the world market

    Agricultural machinery: High demand on the world market

    African women playing a critical role in local economic development

    Lusophone countries benefit from Africa Investment Forum

    President Nyusi excited about the prospects the new vegetable oil factory brings

    President Nyusi excited about the prospects the new vegetable oil factory brings

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Africa’s Moment: Becoming a global economic powerhouse

Ian by Ian
September 27, 2022
in Africa, Business, News, Press Release
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How youth and natural resources can drive the continent’s global economic and social leadership now

Celebrating Heritage Month includes introspection of what we have achieved, and where we can take our countries and continent to, as African people. Africa is facing a turning-point opportunity to become a global economic powerhouse. With its burgeoning youth population and abundance of natural resources, the continent has two primary elements that can help move its economies from being largely export-focused, to a more diversified set that includes information and value-added manufacturing economies. Such a move will not only strengthen Africa’s local and regional economies, but could be a significant competitive advantage globally. This is because we now find ourselves at a time when many industrialised nations are, or soon will be, facing worker shortages, due to declining birth rates; and when the world needs leadership in the development of sustainable and renewable industries.

Africa’s rich heritage is one that is steeped in diverse cultures and natural resources. The continent is home to about 30 percent of the world’s mineral reserves, and possesses 12 and eight percent of the world’s oil and natural gas respectively. These renewable and non-renewable resources comprise 30% to 50% of natural capital in many African countries.

However, resources and sheer numbers alone are not enough to create this change for the continent. Both the youth population and Africa’s natural resources will require management and investment to serve as the backbone of a global economy.

How to get Africa and its youth there

Africa today has the opportunity to take a leading role in the global economy if it puts its youth and natural resources at the heart of growing a stable economy and society. Through a collaborative approach of all African countries working together, taking advantage of these resources will require four actions:

  1. Upgrade the education and skilling systems to prepare youth for jobs in high-growth industries. Sustainable local economies and stable labour forces are built upon a strong foundation of education and skilling. A three-pronged approach can be used to create an educated and skilled workforce: building a high-quality primary and secondary educational system that provides youth with the foundational knowledge to be able to work and develop professionally throughout their career; developing a system to teach job-relevant skills to individuals from schooling and throughout their career, and which are tied to local labour market needs; and creating ‘good jobs’ within high-growth and locally relevant industries that take advantage of educated individuals in a way that allows them to thrive in their local communities.

Possible policy recommendations include incentivising multinational organisations to invest in, and be an active part of, local education; and creating a national skills mapping system for jobs in local industries, including for entrepreneurship. This will enable individuals, particularly youth, to understand which skills they need to pursue meaningful and productive jobs.

  1. Taking a local-first approach to building strong local and national economies. Economies across Africa will depend on making cities and villages more productive and sustainable. This will require cooperation among public and private entities, local government and communities to ensure they are all more involved in decision making.

Possible policy recommendations include identifying and supporting local economies that are based on local renewable and natural resources, which are developed in a sustainable, innovative manner. With the support of respective national governments, businesses and multilateral orgaisations, as well as through foreign direct investment, local communities can build thriving economies and local labour markets based on sustainable use of their resources.

  1. Create job opportunities, particularly for women and youth, in high-growth industries and entrepreneurship. The heart of the African economy remains small and medium enterprises, and creating enough ‘good jobs’ for youth and achieving gender parity in the workforce will require building a healthy culture of entrepreneurship across micro, small, and medium enterprises (MSMEs).

Possible policy recommendations include establishing talent development programmes and exchanges between multinational organisations outside of Africa and local communities within the continent that support learning abroad and bringing those skills home. Making access to credit and financing easier by providing micro-loans, low-interest/no-interest lines of credit, and removing collateral stipulations, particularly for youth and women could also prove to be helpful, as well as reviewing and reworking regulations that stifle business growth.

  1. Utilise technology to modernise high-growth industries and develop sustainable ‘green’ industries. The fourth industrial revolution (4IR) — characterised by the growing use of technologies such as artificial intelligence, robotics, blockchain, and augmented/virtual reality, among others — is driving innovation globally and across most industrial sectors. For Africa’s high-growth sectors, this represents a massive opportunity for growth when partnered with a rapidly growing, working age, and skilled and educated youth population. Concurrently, African countries should continue to support the germination and development of industries based solely around their massive trove of renewable resources such as solar and wind and to decarbonise traditional industries.

Possible policy recommendations include creating or strengthening policy frameworks for industries that protect natural resources and support the UN’s Sustainable Development Goals (SDGs); and incorporating the youth’s voice in the development of the green economy, particularly in technology and entrepreneurship.

This vision is feasible and achievable but it will require the combined efforts, talent, and most of all, ingenuity, of the public sector, private businesses, and local communities. It also requires the political will of African nations and the support of its partners. With its vast resources and talent pool, Africa has everything it needs to create a sustainable, vibrant, youth-driven future — one that can serve as a model for the rest of the world.

Dayalan Govender is the PwC Africa People and Organisation Leader 

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