Did You Know?

  • The labour force in Africa is expected to be 40% larger by 2030.
  • Every year around 1.3–3 million jobs are lost mainly due to administrative hurdles, corruption, inadequate infrastructure, poor tax administration.
  • Implementing the World Trade Organization’s Trade Facilitation Agreement in the continent would increase by 4.5% Africa’s GDP.
  • Only a quarter of roads are paved in Africa compared with 60% in India and two- thirds in China.
  • In 2034, the continent is expected to have a 1.1 billion people in a working-age, larger than China and India.
  • At 2037, Africa’s urban population will be the majority.


African Economic Outlook 2019, Africa Development Bank, Page 45, Read More 
Chironga Mutsa, Acha Leke, Georges Desvausx, Africa’s Business Revolution: How to succeed in the world’s next big growth market, 2018, Boston: Harvard Business Review Press.

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