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.
“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 the evolving digital economy, with a focus on startup ecosystems, fintech innovation, artificial Intelligence, venture capital, and emerging technologies.
Her work explores the intersection of technology, business, and society by highlighting how innovations such as artificial intelligence and next-generation connectivity are shaping everyday life and economic growth across the African continent and globally.
She is a sixth cohort participant in the Technology and Digital Reporting training hosted by the Media Career Development Network in partnership with the U.S. Consulate General, Lagos. Folake is also a Fellow of the Tax Justice and Equity Project (2023 Cohort) by the International Centre for Investigative Reporting (ICIR) with the support of the International Budget Partnership.
Through her reporting and analysis, she continues to spotlight the people, ideas, and technologies driving digital transformation.
