Business

The Big Questions For Africa’s Next Three Decades

Story by: Gerald Chirinda for World Economic Forum  |  Photography courtesy of: REUTERS/Thierry Gouegnon


(Above) Newborns in Abidjan, Ivory Coast. Africa’s population will double by 2050 – how can we make the most of this opportunity?

There will be 1.3 billion more Africans by 2050, according to a UN estimate.

As a young African entrepreneur, what that number means to me is 1.3 billion more consumers of goods and services. This is a staggering increase that equates to more than double the continent’s current population.

One of the greatest assets we have as a continent is not our – undoubtedly valuable -minerals, land and wildlife, but our people. 

Africa needs to begin preparing and planning for this tremendous growth, not just economically but from a social and infrastructural perspective. Three decades from now, we as a continent surely cannot be singing the aid song. With the number of qualified Africans today who have received education and practical work exposure in some of the world’s best institutions and corporations, we surely have what it takes not only to imagine, but to begin to shape the Africa we want to see.

We African millennials are now tasked with the responsibility of transforming the continent and growing the economy significantly for the benefit of future generations. This growth can and should be led by Africans, both in the diaspora and those back home. As someone who is and always has been based in Africa, I often engage in conversations with my peers who are now based in the diaspora, and I listen to how they dream and long for the day they will come back home and begin to make a difference. This is great and refreshing to hear – but without a timeline or commitment it will only remain a distant hope. I believe that when someone feels the need and the urge to make a difference, they should begin doing so from wherever they are and in the smallest of ways, rather than wait for a perfect time.

One of the greatest assets we have as a continent is not our – undoubtedly valuable -minerals, land and wildlife, but our people. With many young Africans having spent their time acquiring knowledge and experience abroad and back home, and in different spheres of the economy, we should hopefully begin to see this pay off. These individuals are now equipped to lead the continent through what we hope is one of the most aggressive growth phases Africa is yet to experience. For this to happen, it is very important for those Africans in the diaspora who would like to be a part of this process and those currently in Africa to work together, as each will bring unique​ perspectives and skillsets to this building phase.


To read the full article visit www.weforum.org.

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