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Hamid Ayodeji Before 2020, the average annual Gross Domestic Product (GDP) growth for Africa consistently outperformed the global average and was estimated to grow by at least six per cent annually until 2023. As one of the fastest-growing economies, Africa’s economic growth is primarily due to its sizeable working-age population of about 1.2 billion people and growing consumer markets in the region. According to the World Economic Forum, “Africa – the youngest region globally, will be the source of most global labour-force growth.” It is projected that half of Africa’s population will be under 25 years old by 2050. The implication of this is the availability of labour to enhance productivity, sustain the economic boom, and reduce poverty.

South africaHamid ayodejiUnited nations commission for africaSterling bankInternational women dayWorld bankWorld economic forumGross domestic productAfrican continental free trade areaUnited nations commissionEconomic reportRegional directorMiddle eastPaddy partridgeGreen planBolt green