Author: James Ellsmoor (Forbes Magazine).
One hundred million youth entering the African labor market will be unemployed by 2030 if current trends continue , according to the African Development Bank. In India, unemployment is also at record highs. Youth comprise more than 10% of the unemployed in India, and almost 20% in Kenya and Nigeria. These rates tend to be even higher in rural communities. As this challenge of “jobless growth” worsens, another challenge persists: that nearly 1 billion people, mostly living in the countryside in Africa and Asia, still live in energy poverty, with no access to electricity.
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