In 35 years, 1 in every 4 people will be African. This article explores research substantiating this rapid growth rate. The article also approximates the growth in consumer population.
In addition, the article evaluates the significance of this growth in consumer population using data from the World Bank, UNICEF, the French Institute of Demographic Studies and McKinsey & Co.
Furthermore, the article proposes ways and means to invest in this population growth, highlighting companies that provide basic necessary products.
Lastly, the article addresses other implications of this rapid population growth for which investors need to look out.
The aim of this article is to present a short summary of why you would be missing out by ignoring the aggregate potential growth in Africa’s 54 countries. This growth refers specifically to Africa’s fast-growing consumer population. The article ends by suggesting ways and firms you might want to consider to get exposure to African nations.
Read more: Why And How You Can Profit Investing In Africa’s 1.1 Billion Consumers | Seeking Alpha
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