{
  "id": 5976998,
  "title": "Africa will supply 75% of new global workers by 2050, World Bank projects",
  "url": "https://urgent.news/2026/09/06/africa-will-supply-75-of-new-global-workers-by-2050-world-bank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-06T12:45:10.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/09/06/africa-will-supply-75-of-new-global-workers-by-2050-world-bank-projects/"
  },
  "original_language": "en",
  "account": "A World Bank projection reveals that Sub-Saharan Africa will supply 75% of the global increase in the working-age population by 2050, with the region adding an additional 625 million people to its workforce. This demographic shift, driven by a doubling of young working-age individuals in Sub-Saharan Africa since 2000, presents both opportunities and challenges for emerging markets and developing economies. The World Bank highlights five sectors with significant potential for job creation at scale: infrastructure and energy, agribusiness and farming, health, tourism, and value-added manufacturing. These sectors require foundational infrastructure, a business-enabling environment, and private capital mobilisation to foster employment growth. The World Bank emphasizes that addressing the global jobs challenge necessitates a multifaceted approach, involving policies that support businesses and investment, while simultaneously equipping workers with the necessary skills. This projection comes as Nigeria's rapidly expanding population and workforce intensify pressure on the economy to generate jobs on a large scale. Recent data from Nairametrics indicates that 45.3% of Nigerian households experienced job losses, business closures, or difficulties in finding work in the previous year. Despite Nigeria's six fastest-growing sectors recording above 5% average annual growth rates over the past three years, only 2.7% of the country's workforce is employed in these high-growth industries. In contrast, sectors like agriculture, wholesale and retail trade, and manufacturing account for 70.3% of total employment but have seen relatively low growth rates. This disparity underscores the broader challenge of creating productive jobs as Nigeria's economy expands.",
  "summary": "Sub-Saharan Africa is projected to account for more than three-quarters of the increase in the global working-age population by 2050, adding an additional 625 million people to its working-age population, according to the World Bank. The post Africa will supply 75% of new global workers by 2050, World Bank projects appeared first on Nairametrics .",
  "key_points": [
    "Sub-Saharan Africa to supply 75% of global working-age population growth by 2050",
    "625 million additional workers projected in the region",
    "Five sectors identified for significant job creation potential"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}