Human Capital Development

Africa is going through profound shifts - demographic, economical, technological, political and environmental. These severely affect its most important resource: Africa’s 1 billion people.

Africa’s economic growth (on average 6%) has not been inclusive and its people have not reaped the benefits.

With the continent’s population set to more than double by 2050, its greatest asset will be Africa’s capacity to harness its human capital.

In order to capture this demographic dividend, the AfDB’s new Human Capital Development Strategy will focuse on skills for competitiveness and employment opportunities, value for money, accountability and voice in efficient and inclusive service delivery and financial and social systems that ensure inclusion and social cohesion.

Did you know

« In 2014, the Bank Group provided some US$ 517 million for skills development and the promotion of human development.

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