Africa will become the New Pangaea

Updated: Dec 14, 2020

So here we are. The world population is now at 7.8 billion. According to the International Monetary Fund, the largest share of the world population lives in China with 18.4 percent, followed by India with 17.94 percent. The U.S. clocks in at the third most populous nation. 4.34 percent of the global population live here. By all counts, the United Nation expects the world’s population to grow to 10.9 billion in 50 years.

For almost five centuries, the superpowers have ignored Africa that clocks in at 1.4 billion people. Africa is the world's second largest and second-most populous continent, after Asia in both cases.

The United Nations estimates that the Asian population will peak at 5.27 billion in 2070. Europe and Latin America will reach their population peaks at 689 million and 765 million inhabitants, respectively, around the year 2060, according to the projection. African populations are expected to keep growing beyond the current century, which is when their combined size could surpass that of Asian populations.

Therefore, we must play the long game. Therefore, we must continue to invest in Africa’s infostructure and its capital markets. They are destined to become a global superpower again. Africa will become the New Pangaea.

Genesis ~ Economic Summit

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