Nigerian President Bola Tinubu announced a $550 million fund aimed at improving the country’s education system, which remains a major constraint on development.
Though Nigeria, like much of Africa, has made major strides in increasing the number of years people spend in school, levels remain far below those of wealthier nations. If African countries want to meet their ambitious industrialization goals, improving education outcomes — especially in STEM subjects — is a prerequisite, experts argued.
“By cultivating a new generation of tech-savvy entrepreneurs and skilled technicians, Africa can transform its youth dividend … into a powerful engine for industrialization and global competitiveness,” a report by the UN Office of the Special Adviser on Africa said.
