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Counting Change: How youth manage their money Image

Promoting Inclusive Markets and Financial Systems

Counting Change: How youth manage their money

Counting Change: How youth manage their money

Summary

Africa has the youngest population in the world, with 200 million people between the ages of 15 and 24. Despite the fact that six of the 10 fastest-growing economies in the world are in Sub-Saharan Africa, unemployment rates for African youth remain disproportionally high. Having large groups of disenfranchised youth can lead to social and political unrest, increasing insecurity in already vulnerable states. Appropriate and targeted interventions can help harness the energy and creativity of youth, equipping them as they transition into adulthood and become contributing members of society



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