Analyst Kingdom

Data-driven notes on African economies, societies, cultures, and overall outlook of the continent


Young Africans are increasingly motivated as many innovations are taking place on the continent. Today, the world is so competitive that young Africans must be able to live up to expectations. The most important reform needed on the continent is the creation of an environment that fosters the development of the skills young people need to have a significant competitive edge on the job market. In this respect, mentorship appears to be a fundamental component of youth empowerment in Africa.

Achieving Youth Empowerment By Developing The Right Skills Set

According to UNESCO, more than 60% of the African population is under 35 years old. There is a need to help these young adults unleash their true potential to the benefit of the continent’s development. Many young Africans are eager to make a difference. If they are given the right tools, they can solve Africa biggest’s issues. There are a lot of opportunities across the continent but tapping into those opportunities requires specific skills. Therefore, significant steps must now be taken to promote mentorship programs for young Africans. Their emergence depends on their skills set. This underscores the necessity to invest on skills.

Achieving Youth Empowerment Through Mentorship

Mentorship is essential to maintain and enhance the skills of young people seeking excellence in the various fields in which they operate. It is used to support the learning and development of new employees and leaders. More companies and institutions are embracing the concept of mentorship as a professional development tool that allows for improvement in efficiency, productivity, knowledge and leadership skills.

Mentorship is a tool of professional ascension, allowing the mentee to draw on the experiences of their mentor. These features give mentorship the means to be a vehicle for supporting young people and enable them to accelerate their growth. The chances of success of young Africans in their different fields of expertise can be amplified by good mentors.

To Wrap It All Up…

It is undeniable that great ideas and hard work are important for entrepreneurial success but having a mentor can be the key factor of the success of any entrepreunal journey. We all need someone more experienced in our corner to help us navigate the road ahead so we are ready when an opportunity comes. Mentorship can be effective and impactful if it is designed properly. Its primarly goal should be to make a difference in the lives of the mentees. It has to be a two-way process of sharing of experiences and knowledge.

Youth Unemployment in Africa

In most African countries, young people continue to be the bulk of the population. Incidentally, many African countries are the most affected by youth unemployment. Africa has the youngest population in the world and these young adults are among the most vulnerable. Each African country follows different trajectories. Economic structures, level of institutional and political stability, and youth development policies affect social and economic growth.

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Top Five Economic Powerhouses in Africa

The 5 largest powerhouses in the African Economy are Nigeria, South Africa, Egypt, Algeria, and Morocco. These economies feature various levels of diversification and growth. In 2016, they contributed well over 60% (62.24%) to the continent’s overall Gross Domestic Product.

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Intra-African Trade and Obstacles to Regional Integration

ECOWAS is a regional economic group binding together 15 West African countries. One of its main goals is to ensure the smooth and free movement of goods, services and member States citizens within the bloc and to improve economic integration. As such, one would expect a significantly higher intra-regional trade volume compared to trade with rest of the world. This is however not the case. Even though it is on the increase direction-ally, it is still significantly lower than merchandise trade with high income economies. In fact, Intra-African trade is the lowest compared to intra-regional trade in other continents.

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ECOWAS Members Feature Varying Levels of Economic Diversification

In the world of Finance and business, investment diversification is a way to ensure long term growth with minimal risks. This is because gains from profitable products offsets losses incurred by non-profitable ones. Even though the same concept applies to a country’s economy, governments find it difficult to follow this well-known rule of the Finance world. This is the case for some of the member States in ECOWAS, which tend to rely mostly on the sale of one particular product when it comes to merchandise export.

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Nigeria: The Elephant in ECOWAS

Nigeria has long been one of the largest economies in Africa. As of 2016, it was well ahead of Egypt and South Africa. Nigeria’s GDP in the ECOWAS regional group is significantly larger than that of all the other member States combined. With its substantial weight, the country is in a unique position to set the course of ECOWAS in particular, and Africa in general for years to come.

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