IDA supports job creation and skills development for Africa's growing youth population

IDA supports job creation and skills development for Africa's growing youth population
Banking & Financial Services
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Ajay Banga, President at World Bank Group | The World Bank

Africa is facing a significant demographic shift, with almost 500 million people expected to join the workforce by 2035. This development brings both opportunities and challenges for sustainable growth and stability across the continent.

The International Development Association (IDA) is supporting African nations in addressing these issues. The organization is focusing on building skills, increasing access to energy, empowering women and youth, and encouraging private investment. These efforts aim to transform Africa's growing youth population into a source of prosperity.