Economy

Africa set to create 3.3 million green jobs by 2030 —Report

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An estimated 3.3 million new direct jobs could be generated across 12 green sectors in Africa by 2030, according to a report by Financial Sector Deepening (FSD) Africa, analyzed by consulting firm Boston Consulting Group (BCG).

The report, “Forecasting Green Jobs in Africa,” highlighted that the majority of these new positions would emerge within the renewable energy sector, particularly solar energy.

The Democratic Republic of Congo (DRC), Ethiopia, Kenya, Nigeria and South Africa are projected to account for over 22 percent of these jobs in key areas such as renewable energy, e-mobility, agriculture, construction and manufacturing.

BCG underscored the importance of investing in skills development and workforce mobilization to support the growth of green industries.

Read more: Workers union claims over 2,300 manganese jobs may be lost, as rationing of electricity persists

The creation of millions of green jobs would also contribute to formalising African economies, integrating populations into stable systems of remuneration, social security and taxation for the first time.

The report advocated for targeted investments in high-potential sectors, cross-sector collaboration and comprehensive support policies for green industries.

It also called for detailed analysis of labor demand to address gaps in Africa’s skilled labor supply.

FSD Africa, Chief Executive Officer, Mark Napier, emphasized the need for a granular understanding of where green jobs would be created to guide effective investments.

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