IPC Weekly Datashots - Highlights which speak to the incredible growth which is happening in Africa today, as well as the potential for future growth.

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Sub-Saharan Africa generated the most jobs per world region between 2009 & 2014

Data from the ILO database shows that Sub-Saharan Africa (SSA) registered the highest job growth by volume among all world regions between 2009 and 2014 – 6 times the job growth in  developed economies & the EU. SSA is poised to create the second highest number of new jobs - second only to South Asia - between 2014 and 2019. Complementing these statistics, World Bank data shows that several African countries have single digit unemployment rates, including Rwanda (0.6%) which has the world’s third lowest unemployment rate.
Led by Rwanda, a total of 22 African countries have lower youth  unemployment rates (% of labor force aged 15 to 24 years without work but available for and seeking employment) than 6 of the G8 countries. Globally, Rwanda has the world’s second lowest youth unemployment rate at 0.7%. Furthermore, Africa is home to 7 of the world’s top 10 countries with the highest employment to population ratios among the youth population with Tanzania (75%), Madagascar (75%) and Burkina Faso (73%) being global leaders.
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Download our latest report IPC Year in Review: Sub-Saharan Africa in 2015 for detailed analysis of 8 key investment opportunities in Sub-Saharan Africa.

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