{"id":22310,"date":"2024-01-11T11:07:39","date_gmt":"2024-01-11T11:07:39","guid":{"rendered":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/cape-verdean-deputy-pm-compares-unemployment-in-africa-to-atomic-bomb"},"modified":"2024-01-11T12:35:59","modified_gmt":"2024-01-11T12:35:59","slug":"cape-verdean-deputy-pm-compares-unemployment-in-africa-to-atomic-bomb","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/cape-verdean-deputy-pm-compares-unemployment-in-africa-to-atomic-bomb","title":{"rendered":"Cape Verdean Deputy PM compares unemployment in Africa to \u201catomic bomb\u201d"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Cape verde. <\/strong><\/span>The Cape Verdean deputy prime minister today compared the growth of unemployment in Africa to an \u201catomic bomb\u201d, which will be \u201ca drama\u201d if there is no acceleration of efforts to create opportunities for young people.<\/p>\n<p>\u201cWe cannot maintain the &#8216;status quo&#8217; on the African continent. Today we have a &#8216;gap&#8217; [gap] in Africa of around 17.5 million jobs per year for our young people\u201d, said Olavo Correia, at a public event at the Cape Verde Stock Exchange.<\/p>\n<p>\u201cThat, over 10 years, means more than 175 million unemployed young people in Africa. For me, this is an atomic bomb that is in front of us, that is growing every day and, if we are unable to respond, it will be a drama\u201d, added the government official, who is also Minister of Finance and Business Development and Minister of Digital Economy.<\/p>\n<p>Olavo Correia called for a \u201cchange of &#8216;chip&#8217;, creating solutions to respond to demand in the labor market\u201d, making Africa the continent of the 21st century.<\/p>\n<p>Change must be based on combating bureaucracy \u2013 recognizing that, even in Cape Verde, it \u201ckills\u201d good ideas \u2013, on the speed of responses and on projecting them with scale, to achieve more benefits.<\/p>\n<p>\u201cWe have great potential for growth, for opportunities, which often die in the web of bureaucracy and, for me, that hurts a lot\u201d, he said, questioning the stance of middle managers in public administration.<\/p>\n<p>If current economic growth rates continue, the situation \u201cwill be a drama for the African continent, with unemployed young people, without hope, without positive expectations, looking at emigration in dramatic conditions\u201d.<\/p>\n<p>\u201cIf we keep everything constant, as it is today, in Africa and in Cape Verde, we will not be able to respond to the demand of young people, because we cannot continue to insist on incremental gains\u201d, he said, asking, instead, \u201cchanges disruptive\u201d.<\/p>\n<p>He cited as an example the distribution of 300 job creation kits, annually, by his business development team, recognizing that the number must reach 3,000 per year.<\/p>\n<p>\u201cWe cannot continue to grow at 5% [per year], even if it is a good level of growth in relation to the African continent, because it is not enough to meet the demand of the job market in Cape Verde,\u201d he said.<\/p>\n<p>\u201cWe have to look at energy, air, sea and land connectivity\u201d, he added, with regard to sectoral activity, but pointing out the financial sector \u2013 addressing those present, in the BVC room \u2013 and the Government itself as key players central to create more opportunities.<\/p>\n<p>\u201cWe have to invest in bold, transformative solutions,\u201d he said.<\/p>\n<p>Job creation was one of the two priority issues for Cape Verde highlighted today by the deputy prime minister, Olavo Correia, along with the production of electricity from renewable sources, abandoning fuels, due to costs, pollution and dependence on abroad.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/cape-verde\">Cape verde<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Cape verde. The Cape Verdean deputy prime minister today compared the growth of unemployment in Africa to an \u201catomic bomb\u201d, which will be \u201ca drama\u201d if there is no acceleration of efforts to create opportunities for young people. \u201cWe cannot maintain the &#8216;status quo&#8217; on the African continent. Today we have a &#8216;gap&#8217; [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":22309,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[233,331,328],"class_list":["post-22310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-cape-verde","tag-cape-verde"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cape Verdean Deputy PM compares unemployment in Africa to \u201catomic bomb\u201d - Cape Verde<\/title>\n<meta name=\"description\" content=\"The Cape Verdean deputy prime minister today compared the growth of unemployment in Africa to an \u201catomic bomb\u201d, which wi ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/cape-verde\/all-news\/cape-verdean-deputy-pm-compares-unemployment-in-africa-to-atomic-bomb\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cape Verdean Deputy PM compares unemployment in Africa to \u201catomic bomb\u201d - 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