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5188;
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Tomiwa Kehinde Nigeria
Student @ Lagos state university of science and technology
Lagos, Nigeria
72
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In The Economy 3 min read
The Role of Youth in Developing Africa’s Economy
<p>Good day distinguished guests, respected elders, and my fellow young Africans,</p><p>Today, I stand before you not just as a speaker, but as a representative of a generation that holds the key to Africa’s economic future. A future that is not promised—but must be built. And the question is: Are we ready to build it?</p><p>Africa is rich—not poor. Rich in resources, rich in culture, rich in talent. Yet, we remain economically behind. Why? Because for too long, we have exported raw materials and imported finished goods. We produce cocoa, yet import chocolate. We export crude oil, yet import fuel. This is not just an economic issue—it is a failure of structure and strategy.</p><p>As youth, we must begin to think differently.</p><p>First, we must shift from job seekers to job creators. The government alone cannot employ millions of young people. We must embrace entrepreneurship—not just as a survival strategy, but as a tool for economic transformation. Small businesses are not “small” in impact; they are the backbone of strong economies.</p><p>Second, technology must become our weapon of change. The digital economy is no longer the future—it is the present. From fintech to e-commerce, young Africans are already disrupting industries. But we must go further. We must not only consume technology; we must create it. We must build African solutions for African problems.</p><p>Third, we must revolutionize agriculture. Agriculture is often seen as a “dirty job,” but in reality, it is a goldmine. With modern techniques, agribusiness can create millions of jobs, ensure food security, and boost exports. The youth must bring innovation into farming—because food is power, and those who control food control the economy.</p><p>Fourth, we must demand accountability and good governance. Let us be honest—corruption has cost Africa billions. It destroys infrastructure, weakens institutions, and discourages investors. As young people, we must not be silent. Our voices, our votes, and our actions must demand transparency and responsible leadership.</p><p>Fifth, we must invest in skills, not just certificates. Education systems in many African countries produce graduates who are not job-ready. This must change. Skills in technology, vocational trades, and critical thinking are more valuable today than ever before. Knowledge without application is useless in a modern economy.</p><p>Sixth, Africa must trade with itself. It is easier for some African countries to trade with Europe than with their neighbors. This is a serious economic weakness. We must support intra-African trade, promote local products, and build strong regional markets. “Made in Africa” should not be a slogan—it should be a standard.</p><p>Finally, let us talk about mindset.</p><p>The greatest barrier to Africa’s development is not lack of resources—it is the mindset of dependency. We wait for foreign aid, foreign investors, and foreign solutions. But no one will develop Africa for Africans. It is our responsibility.</p><p>We must believe in our ideas.</p><p>We must support our own businesses.</p><p>We must stop undervaluing ourselves.</p><p>My fellow youth, the future of Africa is not in the hands of leaders alone—it is in our hands. Every innovation, every business, every idea we create contributes to the economic growth of this continent.</p><p>Let us rise—not tomorrow, but today.</p><p>Let us build—not complain.</p><p>Let us lead—not follow.</p><p>Because if we do not shape Africa’s economy, someone else will—and it may not favor us.</p><p>Thank you.</p>

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