Social and economic growth and development are fundamental to addressing poverty alleviation and eradication. The African private sector recognizes the important role that it plays in fighting poverty through job creation and providing decent work opportunities for all Africans, in particular women and youth. The UN Global Compact is working with business in Africa to share best practices and promote collective action on how the private sector can both employ and empower the next generation of workers on the continent.
Infrastructure is crucial for Africa’s social and economic development. Through the Africa Strategy, the UN Global Compact is collaborating with the New Partnership for Africa’s Development (NEPAD) to better involve the private sector in effectively responding to the huge challenge of financing the infrastructure development needed in Africa.