"Fifteen Years, fifteen lessons from Africa" : zoom on lesson n°3
Submitted by admin on Thu, 03/15/2018 - 17:21
The third lesson of the document “Fifteen Years, Fifteen Lessons from Africa” explores the new dynamics created by population growth and the emergence of the middle classes in Sub-Saharan Africa.
This lesson closes the first chapter of the document, dedicated to the strategic issues specific to the African continent.
The demographic explosion that the continent is currently experiencing is generating both countless market opportunities and a productive workforce which is repositioning Africa in international trade.
Although investing in this demographic trend will surely be beneficial in the long run, Africa’s macroeconomic volatility requires general precaution, common sense and avoidance of any excess optimism. The growing investment opportunities in manufacturing and agribusiness sectors, offered by the world market and domestic public policies should not be forgotten.