Quick access to economic and industry facts and figures
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...
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...
PROPERTY DEVELOPMENT
* An acre in a prime zone in Accra can cost up to US$2 million.
* The mortgage market is underdeveloped or non-existent in the...
INFRASTRUCTURE
* African countries are now only able to spend about 5 percent of GDP on infrastructure, a figure which must rise to nearer 15...
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...
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...
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...
INVESTMENT
CHINA IN AFRICA
* China's investment in Africa has increased a staggering 30-fold since 2005.
* 2,000 Chinese firms are now present in 50 African countries.
*...
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...
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,...
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...
