My Brain Food This Week...

Nov 10, 2023

(Declan Walsh)

Key takeaways:

Arica's Demographic Shift: The continent is undergoing a significant demographic change, with its population expected to double to 2.5 billion in the next 25 years. This "youthquake" is characterized by a booming young population, making Africa the fastest-growing and youngest continent globally.
Global Impact: The demographic shift is reshaping Africa's relationship with the world. The continent's political influence is growing, and foreign powers are increasingly engaging with African leaders. Businesses are eyeing Africa's emerging consumer markets, and African culture, including music and fashion, is gaining international recognition.
Challenges and Opportunities: While the youth boom presents immense potential, there are challenges such as high unemployment, political unrest, and migration. Despite these challenges, Africa must manage its unbridled growth and the potential impact on global issues like climate change, energy transition, and migration. The shift to green energy is presented as a new opportunity for economic development.