Demographic transition may be the biggest single opportunity for the economies of sub-Saharan Africa, but countries will only be able to enjoy the dividends if they make sufficient investment in education.
The world's poorest countries, especially those in Africa, are struggling to pay for a climate crisis they cannot afford.
In the last week temperatures have soared, breaking monthly records in nearly half the countries on the planet. In much of Europe temperatures have reached those of mid-summer in the first week of April.
Sub-Saharan Africa is poised for a gradual economic upturn in the coming years, buoyed by an enhanced external milieu that diminishes the risk of significant currency devaluations and sovereign defaults.
Emerging markets will overtake the Western world in terms of the collective nominal size of their economies by 2050, with China and India as the second and third largest behind the US, according to Capital Economics’ long-term forecasts.
Serbian Chamber of Commerce head says Africa is a market of the future thanks to demographics, rising purchasing power and natural resources.