Sub-Saharan Africa and why it is the next big thing

[wheel]

Maybe when pigs fly will Africa amount anything... Population boom combined with marginal economic growth typically leads to economic stagnation. I worry more if pop growth goes unchecked a malthusian nightmare happening.

 

[Som]

The population of Africa doubling and major population decline in Europe, Usa and China will give africans room to breath. Practically most of the worlds population growth will be concentrated in africa this century. This means africa will host most young people -> the innovators and more workers. Rest of the worlds is becoming older especially Europe and China. We might see them decline ( in my opinion they are declining especially mediterranian countries).

While population increase is not the magic trick to becoming a developed country, it will drasticly alter the reality at the ground. African nations need to harness there human capital and industrialise. This is the key.

And that's why westerners are mad at African population growth.
China was very poor but still had growing population until the one child policy.

 

[El Nino]

And that's why westerners are mad at African population growth.
China was very poor but still had growing population until the one child policy.

Westerners were making claims that africa is overpopulated with no facts to back this. Just pure racism. Africas population doubling terrifies westerners. I pray to see that day.

 

[GemState]

Mozambique, Senegal, Niger all hitting +10% growth, nice, nice made me smile.

Somalia at 3.5%, needs to be hitting 7%+ to compensate for our high birthrate

Africa's fastest-growing economies in 2022: Forecasts for Kenya, Nigeria, Ghana and more

Projected gross domestic product growth for African countries in 2022 and 2023.

www.howwemadeitinafrica.com

 

[Hotchick12]

Factories are going to hit Africa, that’s why China is investing so much they know their people won’t make cheap stuff for poor pay they have to outsource their factories

 

[Ras]

Automation is going to take over well before Africa gets it's shit together.

Population boom isn't guaranteed either... Urban households in Africa are having less kids and the trend is heading down.

Still even if the GDP increases to 3-5 trillion+ ... most of that will go towards informal subsistence transactions or to multinationals and corrupt politicians.

No culture of free markets in Africa that we could take advantage of.

 

[Juliet]

Africa is a cursed continent, probs will still be the poorest region maybe it might usurp South America or South Asia

Regardless I need to invest stocks in shea butter and weave

 

[Juliet]

Maybe when pigs fly will Africa amount anything... Population boom combined with marginal economic growth typically leads to economic stagnation. I worry more if pop growth goes unchecked a malthusian nightmare happening.

There was a time Romans said that about Britain, Germany, etc. The tables have since completely turned

 

[wheel]

There was a time Romans said that about Britain, Germany, etc. The tables have since completely turned

Im not in the business of waiting 1200 yrs.

 

[Juliet]

Im not in the business of waiting 1200 yrs.

World wasn't globalised nor industrialised then, therefore exchanges of ideas were a much slower process. With modern technology, entire societies can change within a span of a few decades

 

[reer]

Africa is a cursed continent, probs will still be the poorest region maybe it might usurp South America or South Asia

Regardless I need to invest stocks in shea butter and weave

 

[GemState]

Automation is going to take over well before Africa gets it's shit together.

Population boom isn't guaranteed either... Urban households in Africa are having less kids and the trend is heading down.

Still even if the GDP increases to 3-5 trillion+ ... most of that will go towards informal subsistence transactions or to multinationals and corrupt politicians.

No culture of free markets in Africa that we could take advantage of.

Population boom is guaranteed, that much is certain. The UNPD's 1998 revision projected sub-Saharan Africa's population in 2050 at 1·52 billion; this projection was revised to 1·75 billion in 2008 and 2·12 billion in 2019, it's actually more than the projections initially expected

 

[Basra]

the GDP of sub-Saharan Africa in 2000 was estimated at 400 billion USD. 20 years later it was estimated at 1.7 trillion USD. That is more then 4 times growth in just 20 years.

World Bank Open Data

Free and open access to global development data

data.worldbank.org

Sub-Saharan Africa population is growing fast it is estimated by 2050 the population will double and Africa will have almost 3 billion people. it is also said every 2 years Africa increased its population by adding 67 million people, that is like adding France every 2 years

Africa’s population will double by 2050

But the education of more African girls means it might peak sooner than most people expect

www.economist.com

So why is sub Saharan Africa important? it is very simple population increase+ economical growth = a huge middle class.
the middle class of sub saharan africa by 2050 would be over 250 million people. While Europe population will decrease by 44 million in 2050

https://www.cgdev.org/article/europe-be-short-44-million-workers-2050-without-increased-immigration-new-study-finds

if the current economical trend continues the economy of sub Saharan Africa by 2050 should be 10 trillion dollars and that is a very conservative number the real number should be close to 20 trillion dollars, that is USA economy of 2020.

" it is also said every 2 years Africa increased its population by adding 67 million people, that is like adding France every 2 years"

What did u SAY??????



Let me go handle my diarrhea for a minute

 

[cow]

Automation is going to take over well before Africa gets it's shit together.

Population boom isn't guaranteed either... Urban households in Africa are having less kids and the trend is heading down.

Still even if the GDP increases to 3-5 trillion+ ... most of that will go towards informal subsistence transactions or to multinationals and corrupt politicians.

No culture of free markets in Africa that we could take advantage of.

Automation will help africa. It means highly skilled workforce is not required but at the same time the money will circulate within africa as the products will be manufactured inside africa.

Also yes, we will go from 7 people per household to 5 people per household. However what you are not considering is that child mortality will also be a lot lower as medicine and hospitals is more widely available.

Thus population increase will continue and some experts put the gdp of africa at 29 trillion in 2050 so the 20 trillion us actually conservative number.

 

[Basra]

Automation will help africa. It means highly skilled workforce is not required but at the same time the money will circulate within africa as the products will be manufactured inside africa.

Also yes, we will go from 7 people per household to 5 people per household. However what you are not considering is that child mortality will also be a lot lower as medicine and hospitals is more widely available.

Thus population increase will continue and some experts put the gdp of africa at 29 trillion in 2050 so the 20 trillion us actually conservative number.

Very interesting calculations. Except we will be DEAD by the time Africa gets its act together, getting away from poverty !

 

[cow]

Very interesting calculations. Except we will be DEAD by the time Africa gets its act together, getting away from poverty !

Do you mean it will take more then 30 years? Or ww3 will happen by then?

 

[El Nino]

Automation is going to take over well before Africa gets it's shit together.

Population boom isn't guaranteed either... Urban households in Africa are having less kids and the trend is heading down.

Still even if the GDP increases to 3-5 trillion+ ... most of that will go towards informal subsistence transactions or to multinationals and corrupt politicians.

No culture of free markets in Africa that we could take advantage of.

Automation might be delayed in africa due to excess human population. It might be cheaper to hire people then buy expensive machines. Also transportation is not going to be automated anytime soon or construction, both huge fields that employ a lot of people.

 

[Basra]

Do you mean it will take more then 30 years? Or ww3 will happen by then?

If World War three happens- it will fasten African progress. Wars stimulate economy but no-i mean-- Africa's progress is slow like a turtle.

 

[El Nino]

Africa needs to mechanise its agricultural production and adopt new innovations, like permaculture. Today most of the food is produced by traditional methods. Just changing the way africans produce food could double/triple the amount of food africa produces.

 

[Dima&Damo]

If World War III Happens Then We Must Take Over East Africa