Africa: Researchers Reveal New Growth Potential Of Africa’s Population

A research collaboration with Bridgewater Associates, hedge funds researchers, together with advocacy organisation, Global Citizen, and pan-African investor and developer, Harith General Partners, have revealed new growth potential of Sub-Saharan Africa’s population in a recent research.

The organizations showcases multiple decade of expertise in global economic analysis and advocacy to highlight the region’s role in shaping future global economy. Bridgewater Associates, with almost 50 years experience in mapping cause-and-effect relationships driving global economies and markets, features economic forecasting as one its areas of specialties.

The organizations has a collaboration with Global Citizen, known for cultural and advocacy work with entertainers and world leaders to end global poverty, and Harith General Partners, in order to provide insight to inspire action from world’s richest nations, private sector, and governments in sub-Saharan Africa.

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According to reports, SSA stands out with a demographic boom that is increasing its share of the global workforce in the light of harnessing the power of demographic change as global population growth slows.

Upon the launch this collaboration aimed at supporting the World Bank’s IDA21 efforts, reports have widely credited Bridgewater to have worked to better understand the dynamic of sub-Saharan Africa’s population growth, its possible implications for the region’s role in global economy, suggesting decisions by policy makers, investors, and private sector to provide alternatives.

This recent research, changing Sub-Saharan Africa’s Growth Trajectory, highlighted five key underlining importance of this demographic shift.

It pointed out that sub-Saharan Africa is undergoing demographic transformation that will possibly impact regional and global economies and geopolitics. Projecting the region’s global working-age population to grow from 10 to 25 per cent in the coming decades.

Adding that there is diversity in the region: Sub-Saharan Africa is not a monolithic entity.

Also is the fact of variation among countries, each with unique development needs which requires unique solutions.

The research acknowledges the challenges of low productivity, insufficient investment, and high debt burdens as common, but not in same degree.

It advices that investments and policies must be customised to fit local dynamics, including politics, history and natural resource distribution.