Africa must create quality jobs in sufficient numbers — Ex-Gov Kenya Central Bank

Njoroge urges African governments to improve communication on economic policies

Patrick Njoroge, former governor of the Central Bank of Kenya

Patrick Njoroge, former governor of the Central Bank of Kenya, disclosed that Africa must create sufficient quality jobs to cater to its surging youth population.

He said this while giving a keynote speech titled ‘Africa’s Moonshot to 2050—Adapt and Innovate’ at the BusinessDay CEO Forum 2024, which was held in Lagos.

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“Quality jobs must be created in sufficient numbers,” Njoroge said, however adding that “We do not even know the type of jobs to create as technology is changing rapidly.”

Njoroge said basic building blocks of economic development must be put in place while urging governments to foster development of its citizens.

Folake Balogun

Folake Balogun is a technology journalist covering Africa’s digital economy, with a focus on startups, fintechs, venture capital, artificial intelligence, and emerging technologies. Her work explores the intersection of technology, business, and society, highlighting how innovation is reshaping industries and everyday life across Africa and global markets. She translates complex trends into insightful and impactful stories for a wider audience.