Infrastructure spend in sub-saharan Africa will balloon to $180-billion a year by 2025,
says PricewaterhouseCoopers, which adds that infrastructure is key to economic
growth and reducing poverty. The most ambitious plans are in South Africa and
Nigeria, making up almost 60% of the spend.
Tapping into Africa's fast growing consumer market, African-focused trading firm
CFAO Group has signed up five French retail brands that will open shops in its malls
across the continent.
The demographic shifts taking place in the developing world are opening a window for economic growth. In particular, countries in sub-Saharan Africa can realise an exponential 'demographic dividend' is they invest heavily in their young populations, according to the latest The State of World Population report.
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