With almost 200 million people aged between 15 and 24, Africa has the youngest population in the world. This number will double by 2045. Many jobs have been created over the last decade, but the pace needs to accelerate significantly to match the demand of Africa's next generations.
All data on AfricanEconomicOutlook.org will be available as of 16:00 Monday, 27 May, 2013 to coincide with the release of the twelfth edition of the African Economic Outlook at the Annual Meetings of the African Development Bank in Marrakech. In addition to economic forecasts for 2013 and 2014, the updated website features a comprehensive analysis of the latest economic, social and political developments in the region based on the most recent data available. It includes in-depth country notes on 53 of the continent's 54 economies, a macroeconomic overview and a special study on Structural Transformation and Natural Resources in Africa.
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After Africa's economy rebounded from the global economic crisis, its performance in 2011 was affected by the uprisings in North Africa: the continent's growth fell back from 5% in 2010 to 3.4% in 2011. Our economic outlook remains optimistic [..]
Sub-Saharan Africa had the lowest aggregate level of human development in 2011, albeit posting the second fastest annual increase over the period 2000-11. Improved policies will not suffice to sustain high rates of growth of human development.
It will have to be complemented by a combination of ODA, remittances, FDI and tax revenue to provide the required financial resources to bridge the gap in human capital.
04/10/2012 - 12th International Economic Forum on Africa
'Making the Most of Africa’s Human Resources & Natural Wealth'
26/06/2012 - Live Webinar: Jobs for the Young & Restless
Join the discussion on youth unemployment and global labor markets.
'Africa is expected to grow 4.5% this year and 4.8% next, but more than half of the region's...
