kingblaze84
New member
continued
The strongest growth will come in East Africa, where the economies of robust nations like Kenya, Uganda, and Tanzania should average growth rates of more than 9 percent come 2030. Fifty years from now, per capita income in East Africa will be 10 times higher than it is today.
Cities to drive growth
Across the continent, swelling urban populations will drive Africa’s economic growth. In 2060, nearly three quarters of the continent’s 2.7 billion people will fall in the “economically active” age range – between 15 and 64. Two-thirds of the continent’s citizens will live in cities, up from 40 percent today.
More and more of those city dwellers will be members of the continent’s booming middle class, which will number 1.1 billion people fifty years from now, or 42 percent of the continent’s population. The proportion of people living on less than $1.25 a day will fall by a quarter, from 44 percent of the population to 33 percent. Nearly everyone on the continent will have access to broadband Internet.
Africa’s economic gains will be accompanied by improvements in health and education, the report says. Child mortality will be cut by more than half and life expectancy will jump to 70 years, compared to the current 56 years, although that number will vary significantly across regions. Meanwhile, literacy rates will rise to 96 percent, up from 67 percent last year.
-----This is great news if this is really true. I'm very happy the people of Africa are making gains in so dramatic a fashion, even with lots of foreign aid being cut off from America recently (Bush gave more to Africa than Obama). Let's hope these results last.
The strongest growth will come in East Africa, where the economies of robust nations like Kenya, Uganda, and Tanzania should average growth rates of more than 9 percent come 2030. Fifty years from now, per capita income in East Africa will be 10 times higher than it is today.
Cities to drive growth
Across the continent, swelling urban populations will drive Africa’s economic growth. In 2060, nearly three quarters of the continent’s 2.7 billion people will fall in the “economically active” age range – between 15 and 64. Two-thirds of the continent’s citizens will live in cities, up from 40 percent today.
More and more of those city dwellers will be members of the continent’s booming middle class, which will number 1.1 billion people fifty years from now, or 42 percent of the continent’s population. The proportion of people living on less than $1.25 a day will fall by a quarter, from 44 percent of the population to 33 percent. Nearly everyone on the continent will have access to broadband Internet.
Africa’s economic gains will be accompanied by improvements in health and education, the report says. Child mortality will be cut by more than half and life expectancy will jump to 70 years, compared to the current 56 years, although that number will vary significantly across regions. Meanwhile, literacy rates will rise to 96 percent, up from 67 percent last year.
-----This is great news if this is really true. I'm very happy the people of Africa are making gains in so dramatic a fashion, even with lots of foreign aid being cut off from America recently (Bush gave more to Africa than Obama). Let's hope these results last.
Last edited: