Economist Podcasts

Young, gifted and black: Africa’s next generation

83 snips
Feb 20, 2025
Simon Rabinovich, the US economics editor for The Economist, dives into the challenges faced by Africa's educated and ambitious youth grappling with economic hardship and political disillusionment. He discusses how many young Africans are turning to side hustles and even considering emigration for better opportunities. The conversation also scrutinizes the so-called Department of Government Efficiency, revealing discrepancies in their claims about budget efficiency. Additionally, Rabinovich compares Germany's generous sick leave policies with those of other European nations.
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ANECDOTE

Grace's struggles in Lagos

  • Grace, a 26-year-old in Lagos, juggles multiple jobs to afford rent.
  • She blames the economic crisis on the president and wishes for military intervention.
INSIGHT

Discontent and religiosity among African youth

  • Many young Africans are frustrated with their economic prospects and disillusioned with politics.
  • They are also quite religious, a key factor in understanding their worldview.
INSIGHT

Economic challenges for young Africans

  • Despite being better educated, many young Africans struggle to find good jobs.
  • They face a job market where new entrants outpace job creation, leading to insecurity and hustling.
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