In Africa, only 4.5% out of the 736.8 million people of working-age are without a job. This is indicated by the International Worker Labour in a report published this week.
The report indicates that 36.6% of the working-age Africans are out of the labour force and 60% have a job. According to the institution, this apparently good figure hides a grimmer fact.
Indeed, most of the working-age population are generally employed in the informal sector with poor quality jobs to support their fundamental needs and escape poverty.
"A sizeable proportion of the employed population is therefore working on arrangements characterized by insecurity, low pay and lack of social protection, i.e. in activities such as own-account work and contributing to family work, which together account for around 68 per cent of total employment in the region”, the report indicates.
Let’s note that less than one worker out of three (27.6%) is salaried. Out of that proportion, North Africa has the highest percentage of the salaried active population with 68.6% against 22.4% for Sub Saharan Africa.
Moutiou Adjibi Nourou
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
Malawi University of Business and Applied Sciences introduces two annual intakes to expand access to higher education Reform targets up to 2,500...
Nigeria plans to invest 12 billion naira ($8.6 million) in a national digital economy research program. The initiative forms part of the BRIDGE...
AXIAN Energy secured financial close for the 60 MW NEA Kolda solar project. Lenders committed about €84 million in debt for a project costing...
Kamoa-Kakula lowers its 2026 copper production forecast to 330,000 tonnes from an initial 420,000 tonnes target. Operator Ivanhoe Mines adopts a...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...