The 2008 African Economic Outlook focuses on Technical Skills Development. It also presents a comprehensive analysis of the economic, social and political developments on the continent.
It was presented in Maputo (Mozambique) at the 43rd African Development Bank Annual Meetings, on May 11,
click to watch the video.
and launched in Paris at the Centre d'Accueil de la Presse Etrangère (CAPE), on May 13.
Now in its seventh year, the AEO is the only report on Africa which applies a common analytical framework to every country, every year. Produced by the OECD Development Centre, the African Development Bank and, for the first time this year, the United Nations Economic Commission for Africa, the AEO is the essential reference on Africa. It benefits from the support of the European Commission.
The detailed statistics, tables and charts contained in the report are available via the StatLinks printed in the book (EXCEL™).
Some 133 million young people (half of Africa’s young) are illiterate. Over 20 per cent of young people are unemployed in sub-Saharan Africa. Technical and vocational systems in Africa are poorly funded and managed. As a result, the African countries face high youth unemployment and a skills shortage. (more)
Did you know? Growth will accelerate for net oil exporters and weaken slightly for oil importers. Inflation is rising due to increases in the price of food imports and rising oil prices. (more)
Did you know? Preventable diseases take a heavy toll on the under-fives. In Africa overall, only 17 per cent of the countries have achieved or are on track to achieve the MDG No 4 (“Reduce by two thirds the mortality rate among children under five”). (more)
Did you know? Informal Businesses are the largest employer and source of training in Africa. (more)
Private equity is the African investment story to watch. African countries have made serious efforts to attract foreign investment. (more)
Did you know? Political and social troubles worsened in 2007, but the long term trend is positive. Progress towards democracy continues, despite some severe setbacks. (more)
Some 133 million young people (half of Africa’s young) are illiterate. Over 20 per cent of young people are unemployed in sub-Saharan Africa. Technical and vocational systems in Africa are poorly funded and managed. As a result, the African countries face high youth unemployment and a skills shortage. (