Such a consolidation would also enable the governance structures to improve, as well as reduce today’s rather high “cost per transaction”, as a result of the enhanced scale of operations. Therefore, over the next few years, it would be necessary to fashion and encourage such a consolidation outcome, and the policies that would lead to such an outcome would need to be encouraged.
According to the United Nations, there are approximately one billion young people in the world, accounting for 18 per cent of the global population. In Africa, the youth represents 60% of the continent's population, with a rapidly growing trend, and it is estimated that the continent will hold 42 percent of the world's youth by 2030.