POPULATION
* Bigger in size than China, India, Europe and the United States combined, Africa has 1.2 billion inhabitants, speaking more than 2,100 languages and...
LABOR/EMPLOYMENT
* 1.1 billion Africans will be of working age by 2020.
* Africa’s labor force is projected to rise by 122 million between 2010 and...
INFRASTRUCTURE
* African countries are now only able to spend about 5 percent of GDP on infrastructure, a figure which must rise to nearer 15...
FINANCE & ECONOMY
FINANCIAL SERVICES
* Kenya has become a global leader in mobile banking. Safaricom’s M-Pesa service redefined retail banking by making mobile phones all-in-one credit cards,...
POWER
* The entire installed power generation capacity of Africa’s 48 Sub-Saharan countries is 68 gigawatts, no more than Spain’s. As much as one-quarter of...
TRADE / INVESTMENT /REMITTANCES
* Africa loses more through illicit outflows, which include trade mispricing (false invoicing) and unrecorded private financial outflows, than it gets in aid and...
AGRICULTURE/AGRIBUSINESS
* Africa has 60 percent of the world’s uncultivated arable land.
* Africa’s agriculture sector records an average productivity rate of 36 percent.
* Africa spends...
MINERAL WEALTH
* Africa is estimated to host 30 percent of the world’s mineral reserves, and an even higher proportion of deposits of gold, platinum, diamonds...
TOURISM
*Africa accounts for about 15 percent of the world’s population, but receives only about 3 percent of world tourism receipts and 5 percent of...
HEALTH/HEALTHCARE
* Sub-Saharan Africa’s healthcare market will reach an estimated $35 billion by 2016.
* At a 2001 African Union (AU) meeting in Abuja, Nigeria, African...
Latest
Sino-Africa Relations: An Elder’s View
I am sick and tired of being sick and tired of complaints that China is taking advantage of Africans even as it provides money...
