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Africa at work: Job Creation and Inclusive Growth

The world's second-fastest-growing region must speed up job creation to sustain its successes. By focusing on labor-intensive sectors such as agriculture, some types of manufacturing, and retail and hospitality, African nations could boost the number of new wage-paying jobs from 54 million on current trends to 72 million by 2020. Africa is the world’s second-fastest-growing region. Poverty is falling, and around 90 million of its households have joined the world’s consuming classes—an increase of 31 million in just over a decade. But a new McKinsey Global Institute report, Africa at work: Job creation and inclusive growth, shows that the continent must create wage-paying jobs more quickly t

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