Skip to main content

Africa’s economies must restructure to address inequality and unemployment – Raila Odinga


Candidate for the African Union Commission Chairperson position in the 2025 elections and a former Prime Minister of Kenya, Raila Odinga, has called for a restructuring of the Africa’s economies, stressing the need to address deep-seated inequality and rising unemployment.

Raila Odinga wants inclusive policies designed that promote job creation and reduce systemic inequalities.

Speaking at the opening ceremony of the 45th Session of the Organisation of the African Trade Union Unity (OATUU) Council Meeting in Accra, Raila Odinga said Africa must avoid an economic system which disproportionately favors small elite while leaving the majority, particularly the working class, in perpetual struggle.

Citing an African Development Bank report which indicated that Africa will account for eleven of the world’s 20 fastest-growing economies this year and set to remain the second-fastest-growing region after Asia ,the former Kenyan Prime Minister called for an all inclusive economy that benefits all.

Despite the positive trajectory however, Africa is at a crossroads. Our unemployment rate of 6.3 per cent is unsustainable. The informal sector constitutes 83.1 per cent of the economy, another unsustainable reality. Working poverty – the proportion of the employed population living in poverty despite being employed-stands at 29 per cent on the continent.

“Our work is therefore cut out for us. We have to create jobs for those looking for work. We have to begin the business of manufacturing in Africa and create good middle-class jobs. But it is not just about the middle class. We have to restructure our economies to avoid a situation in which a few people at the top do extremely well while ordinary workers struggle at the bottom and see their wages stagnate at unhelpful levels.

So we have the challenge of ensuring that as Africa takes a positive economic trajectory, everybody is participating in and benefitting from growth. That means ensuring that everybody who works hard gets paid a decent wage with decent benefits and that employers and investors are given the right environment to get fair returns from their investment,” Raila Odinga said.

Secretary-General of the Trades Union Congress (TUC) Ghana, Joshua Ansah, on his part called on African governments to intensify efforts to create decent work environments, ensure fair compensation, and provide robust social protection for workers across the continent.

As we convene today, we’re reminded of the immense challenges facing African workers. The scourge of poverty, inequality, and exploitation continues to afflict our communities. Climate change, precarious work, and limited access to social protections threaten the very fabric of our societies. Yet, we remain resolute in our pursuit of a better future for all. In our quest for social justice, we must focus on decent work and fair wages, ensuring that all workers enjoy safe working conditions, fair compensation, and social protections,” he emphasized.

Comments

Popular posts from this blog

US-Based Doctor Supports Weija Leprosarium, Underprivileged Children In Ankaase With Cash & Food Items

 In a remarkable display of philanthropy, US-based medical practitioner, Dr. Kofi Kyei Sarfo, and the Sarfo family have made significant donations to support vulnerable communities in Ghana. During his visit to Ghana for the Christmas and New Year festivities, Dr. Sarfo and his family donated assorted food items and $5,000 to the Weija Leprosarium in Accra. This generous act aims to improve the lives of the inmates and support the tireless efforts of Rev. Father Andrew Campbell, founder of the Lepers Aid Committee. The donation to the Weija Leprosarium is a testament to Dr. Sarfo's commitment to giving back to his community. He praised Rev. Father Andrew Campbell for his selfless work in integrating cured lepers into society, emphasizing the need for continued support to ensure the well-being of the inmates. Dr. Sarfo encouraged others to follow in his footsteps, stating that every donation, no matter how small, can make a significant difference in the lives of the inmates. The don...

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...

Mfantsiman Girls to Host 65th Speech & Prize-Giving Day

  Mfantsiman Girls Senior High School is set to host the 65th Speech and Prize-giving Day and Homecoming from 14th to 16th March at Saltpond in the Central region. This year’s Speech and Prize-giving day is being hosted by the 2000-year group, and over 5000 old girls and students of Mfantsiman Girls are expected to attend the programme. Under the theme, ‘Leveraging New Media Technology to Optimize Girl Child Education,’ the event will emphasize the importance of harnessing technology to address the unique challenges faced by girls in accessing quality education, particularly in marginalized communities. By leveraging new media technology, we can create inclusive, interactive, and engaging learning environments that empower girls to reach their full potential. The theme will also serve as a call to action, encouraging students, educators, and stakeholders to explore innovative ways to integrate technology into girl child education, ultimately driving positive change and promoting a...