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Changes!

An Overview of this volume

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The world economy has changed enormously since the time of African independence.

It will go through more big changes in the decades ahead.

By 2070, after thirty years in which all growth in the labor force in the world will be in sub-

Saharan Africa, that region will have a working-age population of 1.8 billion, more than
the United States, India, and China combined,

“Africa 2050: Demographic Truth and Consequences”, Hoover Institution, Stanford University

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We are going to need Africa as much as they need us now

We will need access to Africa’s resources or its markets. We will be in competition with

other nations. The competition will become more and more intense.

The competition for Africa’s resources and for trade opportunities in Africa’s growing

economies will provide bigger and more flexible development funding for African

resources. And increased risks of debt trap and neo-colonialism.

Africa has been developing. And not just economically.

A whole range of the ‘infrastructure’ necessary for a modern Africa has been, and
continues to be, put in place.

Regional economic communities have been formed.

Individual African nations have developed and are implementing their own plans for large-
scale development. And are making real progress in building the infrastructure they need.
Its now a credible expectation that African governments working together will apply wide-
ranging sanctions on those attempting a coup against an elected African government.
African nations now have a history of participating in African peace-keeping missions in
troubled African hotspots

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There are still a lot of Africans who are ‘left behind’.
33 African states are classified as least developed.

21 of Africa’s countries are classed by the World Bank as low income
Almost 600 million people in Sub-Saharan Africa (approximately 50% of the total population of
1.2 billion) have no mains electricity.

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