(Ecofin Agency) - With the youngest population in the world, Africa could provide a skilled workforce to the global market in the next 10 to 15 years, according to Brookings forecasts. However, this will only be possible with significant investments in education and training.
A new report from the Brookings Institution, titled Foresight Africa 2025-2030, highlights the significant demand for digital skills in sub-Saharan Africa by the end of the decade. The report estimates that 230 million jobs will require digital skills by 2030, creating up to 650 million opportunities for digital training. This demand could generate a market valued at $130 billion.
The report, which references an earlier study by the International Finance Corporation (IFC), stresses that unlocking this potential will require significant investment in education and training. Preparing young Africans for these opportunities will be critical. Jobs requiring digital skills are expected to emerge across various sectors, including tech outsourcing, business process services, high-tech industries, online platforms, and digital finance.
The digital revolution’s impact will go beyond job creation. It is expected to drive innovation, encourage entrepreneurship, and boost Africa’s competitiveness in the global market. According to the report, digital transformation is key to unlocking Africa’s economic potential and opening up new opportunities for its young population.
"For governments, leveraging digital tools can boost efficiency, revenue collection, and service delivery," the report states. "Additionally, developing a skilled African workforce tailored to local needs and global demands is vital."
However, the report warns that without decisive action from governments to address gaps in education and training, these projections could remain out of reach. A failure to act could worsen unemployment and deepen social inequalities, leaving many young Africans unable to access these opportunities.