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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

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    South Africa’s CureRoot Leverages AI to Unlock New Medicines from African Medicinal Plants

    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

    Egypt’s Enza Secures $6.75M to Drive Financial Inclusion in Africa

    Egypt’s Enza Secures $6.75M to Drive Financial Inclusion in Africa

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    South African Prop-Tech Startup Preferental Unveils Innovative Tenant-Screening App

    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

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    Stitch Teams Up with Standard Bank’s Shyft for Instant Wallet Top-Ups in South Africa

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    Kenya Takes Action Against TikTok Following Child Exploitation Exposé

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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

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    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

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    South Africa’s CureRoot Leverages AI to Unlock New Medicines from African Medicinal Plants

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    Kenyan Tourism Venture Studio Purple Elephant Ventures Increases Seed Round to $5 Million

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    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

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    Egypt’s Enza Secures $6.75M to Drive Financial Inclusion in Africa

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    GIIG Partners with SparkRockets to Launch AI-Powered Startup Validation Tool

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    South African Prop-Tech Startup Preferental Unveils Innovative Tenant-Screening App

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    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

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A look at the Sustainability of Public Infrastructure Assets through Youth Employment

by Eucharia Egwuma
January 23, 2022
in Opinion
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A look at the Sustainability of Public Infrastructure Assets through Youth Employment
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With Flutterwave achieving a unicorn status raising $170 million at over $1 billion valuation in the tech space and BurnaBoy and Wizkid winning the prestigious Grammy Award recently, the growth and innovation in Africa’s young talent pool has challenged and contradicted previous narratives.

Despite the glaring weaknesses in Africa’s governance and social structure, great strides have been recorded. Across Africa, young citizens have come of age and have earned a place as major stakeholders in building a new continent of our dreams.

Flutterwave is an African based fintech company that provides a payment infrastructure for global merchants and payment service providers across the continent.

In Africa, we need better infrastructure to reach our full potential. Sadly, the infrastructure deficit due to inadequate investments is compounded by another problem. All too often, we have seen protests/riots lead to a reckless destruction of public and private infrastructure in major cities across Africa. To bring about a transformation, we must recognize that infrastructure is basically of two kinds, namely: human infrastructure and physical infrastructure. An African adage says, if we refuse to build a child’s useful capacity, he will end up to destroying the building we have erected. Two choices confront our youth: they will come to our window, either to fix it or break into it.

This reinforces the urgent need for a maintenance-cultured campaign from the point of view of Infrastructure asset management. There is need for a digitalized management of public infrastructure assets across its lifecycle and the integration of our youth into our maintenance culture/strategy. The strident complaints about increasing unemployment among Africa’s youth population can to a large extent be tackled by focusing seriously on bridging the yawning gap between human and physical infrastructure. Michael Bloomberg put it very clearly by saying “We can only create good jobs if we make smarter investment in infrastructure.” Over the years, we the African continent, have failed as a collective to leverage ourstrategic advantage, the human asset.

The expansive infrastructure asset management space (construction, energy, transportation, healthcare, education, Oil & Gas, recycling, water, security etc.) offers a great opportunity to do just that. Through the implementation of policies and scientific resource allocation the international community, domestic government and the private sector can create sustainable infrastructure management ecosystems that will fit our youth into a very wide range of vocations within its value chain from data collection & digitization to the professional cadre of engineers, architects, builders andcertified & accredited skilled artisans etc. By strategically and holistically investment in upskilling the labor forcealong gender sensitive initiatives, the energies of local youth can be ploughed towards development and maintenance of Public and private Infrastructure Assets within their vicinity/provinces. Giving our human infrastructure a sense of ownership, belonging and tangible socio-economic emancipation.

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Tags: Infrastructure asset managementphysical and human infrastructurePublic infrastructure assetsYouth employment
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