The rise of the green economy in Africa: Promise of 3.3 million jobs by 2030


**Fatshimetrie: Green Economy in Africa Promises 3.3 Million Jobs by 2030**

Africa’s green economy is positioned as a job-creating growth engine, with a projection of 3.3 million jobs by 2030, mainly in the areas of solar energy and sustainable agriculture. According to a report by FSD Africa and Shortlist, this transformative transition offers a promising solution to the growing challenge of youth unemployment on the continent, with Africa’s youth population estimated to exceed 800 million by 2050.

The study identifies five key sectors with high job creation potential, highlighting the role of renewable energy, sustainable agriculture and ecosystem-based solutions in driving economic growth.

To delve deeper into this topic, Dr. Malle Fofana, Director for Africa and Head of Programs at the Global Green Growth Institute, shared insights in an exclusive interview on how African nations can ensure equitable access to green jobs in urban and rural areas.

**Zenith Bank Opens Paris Branch as Part of Global Expansion**

In a landmark move, Zenith Bank Plc has inaugurated its Paris branch, marking a significant milestone in the Nigerian bank’s global expansion strategy. The opening comes in tandem with Nigerian President Bola Ahmed Tinubu’s historic state visit to France, the first by a Nigerian leader in 20 years.

Zenith Bank’s presence in Paris is aimed at strengthening trade and investment ties between Europe and Africa, in line with President Emmanuel Macron’s pro-business agenda. The move also positions Zenith Bank as the fourth Nigerian bank to establish operations in France.

In a context marked by the decline of European influence in Africa, this expansion demonstrates a strategic effort to promote stronger partnerships and showcase Africa’s economic potential.

**Côte d’Ivoire’s Mining Industry: Balancing Growth and Sustainability**

Côte d’Ivoire’s mining industry is undergoing a dynamic transformation, driven by government initiatives to increase gold production, develop local skills, and promote sustainable practices.

New measures include increasing artisanal mining permits to attract both local and foreign investment. However, the rapid expansion of informal mining operations presents challenges, such as environmental degradation and regulatory gaps.

This development underscores the importance of balancing economic growth and environmental sustainability in Côte d’Ivoire’s mining sector.

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