Abstract: Africa is the most youthful continent with about 20 percent of its total population of about 1 billion people being persons of age 15-24 while those under age 30 constitute about 65% of the continent’s population. This youthful population provides both an opportunity for facilitating development but also creates a challenge to the development prospects of the continent. It has been estimated that Africa will account for about 80 percent of the projected 4 billion increase in the global population by 2100. This means that the working age population will increase and thereby create a window of opportunity, which if properly harnessed, can translate into higher economic growth and yield economic dividend arising from this growth in the youthful population. With supporting policies that foster development of human capital and job-creation among others, such growth can lead to substantial improvements in the overall wellbeing of African countries and fast-track the development of the continent.