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  1. 28 feb 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.

  2. 23 lug 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.

  3. 21 nov 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 ...

  4. 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 ...

  5. 27 mar 2024 · 76% of all electricity required on the continent could come from renewable resources by 2040. A new database called the Renewable Power Plant Database Africa provides information on existing and planned renewable energy projects. While hydropower has been the main renewable energy source, solar and wind are becoming more affordable.

  6. 11 feb 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 ...

  7. 12 lug 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 ...

  8. 23 set 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 ...

  9. 15 lug 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).

  10. 13 gen 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).

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