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Jul 15, 2015 · The establishment of colonial rule over the African interior (c. 1880-1900) reinforced Africa’s commodity export growth. Colonial control facilitated the construction of railways, induced large inflows of European investment, and forced profound changes in the operation of labour and land markets (Frankema and van Waijenburg 2012).
Sep 19, 2022 · For decades, development reports have called out African countries for their unsustainable demographic growth. This growth tends to be viewed as a strain on almost all developmental capabilities. Today, more than 60% of Africa’s population is under the age of 25. By 2030, young Africans are expected to constitute 42% of global youth.
Nov 21, 2023 · Africa is the world’s mobile banking leader, with the highest number of services, account holders and transactions. The rise of mobile and digital banking has helped millions of Africans gain access to finance in areas where traditional banking networks don’t reach. Boosting financial inclusion is one of the goals of the World Economic ...
Sep 23, 2022 · Investing in Africa’s renewables. According to the International Energy Agency (IEA), Africa has 60% of the world’s best solar resources, but only 1% of solar generation capacity. To achieve its energy and climate goals, Africa needs $190 billion of investment a year between 2026 to 2030, with two-thirds of this going to clean energy, the ...
Feb 18, 2020 · Traditionally, the majority of Russia’s investment in Africa has been concentrated in North Africa. In 2017, Russia’s trade with Africa was valued at $17 billion, 78% of which was conducted with North Africa. However, Russia’s most recent charm offensive seems to have stimulated increased expansion south of the Sahara.
Aug 16, 2023 · Africa is a continent teeming with youthful energy and untapped potential, boasting the world’s youngest population with more than 60% of the continent's population under the age of 25. This burgeoning youth population is projected to grow even further, as Africa's population is expected to reach 2.5 billion by 2050, up from 1.4 billion today.
Mar 2, 2020 · With a growing youth population, Africa is at the forefront of the digital economy. Jack Ma created the Africa Netpreneur Prize and the Alibaba eFounders initiative to identify and support 100 African entrepreneurs. By 2050, more than half of the world’s population growth will be in Africa. And currently, the continent is home to six out of ...
Jul 12, 2023 · In the coming decades, Africa will become a pivotal player in international affairs. A confluence of the continent’s abundance of strategic resources, favourable demographics and attractive growth prospects may give its leaders leverage in modern affairs. The US-China rivalry and push for net-zero emissions will be key catalysts for ...
Jan 13, 2020 · Evolving in tandem with this exponential population growth is a rate of urbanisation in Sub-Saharan Africa that is unmatched in the rest of the world. Africa’s urban population is expected to nearly triple by 2050, to 1.34 billion. Coupled with a high rate of urban primacy in African countries (whereby one city is multiple times bigger than ...
May 2, 2017 · 54%. Africa will account for more than half (54%) of the 2.4 billion global population growth in coming decades. The United Nations predicts that between 2015 and 2050, Africa will add 1.3 billion people, more than doubling its current population of 1.2 billion. As the above graph shows, Africa’s population will continue to grow even as Asia ...
