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A company’s financial strategy and cash flow often determine whether it pays dividends to shareholders or reinvests profits to drive growth. Dividends serve as a measure of a company’s financial health, attracting investor interest and affecting stock prices.
They indicate a company’s future potential and performance, as more established firms are generally more likely to distribute dividends than those concentrating on growth.
According to World Data Lab (WDL), Africa has 532 million individuals aged 15 to 35, a number expected to rise in the coming years.
The continent’s swiftly growing youth population is often termed the “youth or demographic dividend”.
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Nonetheless, some believe the continent has not yet fully tapped into this potential dividend.
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Advocating for youth in property
Factors influencing Africa’s near future
Africa’s ‘youthquake’
WDL indicates that over 10 million young people enter the African job market each year, yet projected growth patterns are forecasted to create only about three million formal jobs.
This highlights a disparity between continuous economic expansion and the availability of adequate decent employment.
By 2025, it’s expected that 90% of working youth in Africa will find themselves in informal jobs, operating outside established legal frameworks. The highest levels of informality are seen in central, western, and eastern Africa, while northern and southern regions report lower rates.
Source: World Data Lab
In the newest episode of The Business of Africa, we examine the circumstances facing young people in South Africa as the nation honors Youth Month in June.
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Tsakane Zibi, a young market analyst at Barloworld Equipment, reached out to discuss the ongoing unemployment issues in the country and viable solutions to change this situation.
Source: StatsSA
For Africa to genuinely reap a ‘youth dividend’, sustained efforts are needed to stimulate economic growth in sectors that generate significant and decent job opportunities.
Moreover, targeted initiatives in education, training, and the integration of youth into the formal workforce must be emphasized. These, along with various meaningful investments in young people, promise substantial benefits for the continent—and arguably, the world as well.
To listen to past episodes of The Business of Africa podcast, click here.
