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    MarketForces Africa » MarketForces News » Africa’s 1bn Youths are Potential Future Global Workforce – Microsoft

    Africa’s 1bn Youths are Potential Future Global Workforce – Microsoft

    Olu AnisereBy Olu AnisereJune 19, 2024 News No Comments3 Mins Read
    Africa’s 1bn Youths are Potential Future Global Workforce – Microsoft
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    Africa’s 1bn Youths are Potential Future Global Workforce – Microsoft

    Microsoft says Africa’s youths will comprise a significant portion of the potential global workforce by the turn of the century.

    Ravi Bhat, Chief Technology and Solutions Officer at Microsoft Africa, said this in a webinar on Tuesday.

    The webinar was on “AI and the Future of Work in Africa whitepaper”, produced by Microsoft and industry experts from across the continent.

    According to Bhat, one billion people in Africa are currently under the age of 35, with the continent projected to host almost half of the world’s youth population.

    He highlighted Africa’s unique opportunity to shape the future of work in these formative years, saying large language models (LLMs) evolved and the application environment continued to develop.

    The expert said that up to 12 million young Africans enter the job market annually.

    He, however, said that more than 20 per cent were neither employed, in education, nor trained according to the International Labour Organisation.

     “We envision generative AI playing a pivotal role in transforming work environments and creating opportunities for youth to innovate, drive economic growth, and foster job creation,” Bhat stated.

    He emphasised the potential of generative AI (GenAI) to reshape knowledge worker jobs, alter job types, required skills, and output.

     “McKinsey research suggests that GenAI could boost annual labour productivity growth by up to 0.6 per cent through 2040, contingent upon technology adoption rates and the reallocation of worker time to other tasks,” he added.

    The technology and solutions officer, therefore, cautioned that technology alone would not address the challenges facing Africa’s youthful population.

    He underscored the importance of developing policies and practices to ensure responsible deployment of GenAI and AI in general, with a focus on valuing AI-related labour and ensuring dignified employment.

    Jacki O’Neill, Director of Microsoft Research Africa, spoke on the transformative potential of generative AI in enhancing human capabilities across various sectors.

     “As access to GenAI tools expands across Africa through internet-enabled devices and more affordable data, barriers to access are diminishing, presenting increased opportunities for skills development,” O’Neill said

    The director stressed the need to equip youth with the necessary skills to thrive in an AI-disrupted labour market.

    This, he noted, included deployment of GenAI tools, development of innovative applications, and proficiency in areas like machine learning, natural language processing and cybersecurity. “Investing in these skills equips Africans to create dignified jobs, integrate AI sensitively with indigenous knowledge, forge new value chains, and develop AI systems that reflect human-centered and community values.

    “The whitepaper underscores the importance of proactive governance, inclusive design, education investment, and commitment to regulatory and ethical standards for ensuring positive outcomes with GenAI.

    “This is a collective responsibility involving policymakers, technologists, and citizens alike,” O’Neill emphasised.

    He highlighted that the AI revolution in Africa was not merely a possibility but already underway, with Microsoft committed to collaborating with individuals, governments, partners, and stakeholders across the continent.

    The News Agency reports that Microsoft, as a technology company, creates AI-powered platforms and tools to deliver innovative solutions meeting the evolving needs of customers. #Africa’s 1bn Youths are Potential Future Global Workforce – Microsoft

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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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