Equity CEO James Mwangi appointed to World Bank Advisory Council on jobs

"I'm honoured to have been asked to serve on the World Bank Global Jobs Council, in order to support the creation of jobs for the young people of Africa," said Dr. Mwangi. 

"Young people are our future and the key to sustainable development for the continent. Equity's Africa Recovery and Resilience Plan seeks to create 50 million jobs in the region by 2030, and my intention is to utilize the learnings of the council to maximize this initiative," he added. 

The council, co chaired by Singapore President Tharman Shanmugaratnam and former Chilean President Michelle Bachelet, aims to address global job creation challenges, focusing on youth and female employment in developing nations.  

Launched during the 2024 World Bank Group IMF Annual Meeting, the council will offer innovative, scalable solutions to combat unemployment and poverty as the Global South prepares for an influx of 1.2 billion working age adults by 2030.  

Dr. Mwangi highlighted the potential of leveraging Africa's demographic dividend, aligning it with Equity Group’s Africa Recovery and Resilience Plan, which aims to create 50 million jobs by 2030. 

His expertise, alongside 13 other global leaders, will contribute to shaping policies that transform employment landscapes worldwide.

“We would be immensely grateful to benefit from your deep expertise, experience, and unique perspectives as a member of the Council,” said Therman, Michelle, and Ajay in Dr. Mwangi’s appointment letter.