Search results
Accelerating Africa’s inclusive and sustainable growth agendaAfrica’s economic outlook remains mixed. It features several of the fastest-growing economies in the world, but the average growth rate is below the global average. Commodity driven economies still face hardship, but also offer opportunities for economic diversification and reforms.Regional agendaThe Forum’s Africa regional ...
28 de feb. de 2024 · Total external debts as a share of Africa’s export earnings increased from 74.5% in 2010 to 140% in 2022. In 2022, African governments had to allocate about 12% of their revenues to servicing their debt. Between 2019 and 2022, 25 African governments allocated more resources to servicing their total debts than to the health of their citizens.
13 de ene. de 2022 · The share of the population attending university in the late colonial era was extremely low. University enrolment rates have increased in many African countries. Image: Rebecca Simson. Around the time of independence, Kenya had roughly 400 university students (1961), while Tanzania and Zambia had 300 students each (1963).
11 de feb. de 2020 · Already, spending by consumers and businesses in Africa totals $4 trillion. Household consumption is expected to grow by 3.8% annually until 2025, reaching $2.1 trillion, and business spending should grow from $2.6 trillion in 2015 to $3.5 trillion in 2025. Altogether, the McKinsey report predicts $5.6 trillion in African business opportunities ...
23 de jul. de 2020 · Africa will be the only region in the world where population will still be growing at the end of the century. Given a 48% population decline expected in China, Nigeria will become the second biggest country globally by 2100, behind only India. Every global region could see their populations decline by the end of the century—except Africa.
28 de abr. de 2024 · According to Africa Finance Corporation, Africa has a $150 billion infrastructure funding gap, and UNCTAD’s World Investment Report concluded that FDI flows to Africa declined to $45 billion in 2022 from the record $80 billion set in 2021. Moreover, China's investments and loans in Africa have shown a notable decline in recent years.
30 de ago. de 2019 · The top 10. Niger is set to have the world’s youngest population in 2020, with a median age of just 15.2-years-old. The West African country has the world’s highest birth rate, with every woman having an average of 7.2 children over the course of her lifetime. As a result, the country’s population is set to nearly triple by 2050.
23 de sept. de 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 ...
10 de may. de 2016 · But, the map also makes clear the range of exports in Africa. In the east, exports of food and drink are very important, including coffee, grains and livestock. Textiles and clothing is also an important industry. In Morocco, Tunisia and Lesotho, clothing, shoes and textiles are the biggest exports. Equally, cotton is vital to the economies of ...
28 de feb. de 2024 · Green finance: Africa's path forward. Standing in the way of the continent and its people making the most of this potential are the limited resources available for climate action in Africa. Public sector efforts alone are insufficient. Innovative financing mechanisms must play a major role in attracting private capital.
