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Briefing Note for AfDB’s Long-Term Strategy - Inclusive Growth Agenda
In the past decade, Africa’s economic growth rates have averaged 5.2% per annum. While this is an improvement over the 3.6% per annum for the five years between 1994 and 1999, poverty levels remain challenging. The majority of poor people (72%) are young (15-24 years); for them, unemployment, particularly for youth unemployment, remains high in most countries. In Nigeria, Ethiopia, Uganda, Zambia and Burundi, youth unemployment is over 80%.