Huffington Post: Kenya must create a million new jobs annually
Consider this. In 1956, Kenya’s population stood at about 7 million, twice that of Norway. Today, Norway has a population of 5.2 million while that of Kenya stands at about 45 million. It is projected that by 2030, the population of Norway will be 6 million while Kenya’s population will reach 65 million, and 85 million by 2050.
Africa’s youth bulge, and Kenya’s in particular, should largely be the basis for optimism offering great opportunity for socio-economic take-off. Six of the countries with the highest economic growth rates are in Africa.
Yet, for most countries, Kenya included, economic growth lacks the desired social transformation. Despite Kenya’s impressive economic growth, four out of ten people live in extreme poverty; and the poorest 10 per cent of the population receive only 2 per cent of the national income.