Africa Urged to Invest in Youth

The returns on smart investments in young people could be as much as US$500 billion a year to sub Saharan economies over the next 30 years, according to UNPFA

The United Nations Population Fund (UNPFA) says the returns on smart investments in young people could be as much as US$500 billion a year to sub Saharan economies over the next 30 years.

In its report titled ‘The Power of 1.8 Billion: Adolescents, Youth and the Transformation of the Future’, the UNPFA highlights that developing countries with large youth populations could see their economics soar if the right investments are made in education, health planning and protection of rights.

Editor of the report, Richard Kollodge, says: “Consider the evidence for East Asia, countries in that region invested in young people’s human capital, opening the door to an economic boom that lasted for decades…”

To read the article titled, “UN report highlights significance of investment in youth,” click here.

Source: 
SABC News

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