The World Bank says Southern Africa working age population presents an opportunity for growth.
Its report on regional demographics says putting Southern Africa’s increasing working-age population to work by 2050 could increase incomes per capita, reduce poverty and increase growth in five of its countries.
The World Bank says to realize its potential, Southern African countries will need to bolster the employability of the current working-age population with continuous and remedial education, labour insertion programmes and social assistance.
Even more importantly, its report – Forever Young? Social policies for a changing population in Southern Africa – holds that government will have to balance the need for immediate job creation solutions with investments in people’s long term development and potential, starting from a young age.