If China, India and Israel ( A country which came from nowhere) became super powers then why not African countries?
While the rest of the world’s economy grew at an annual rate of close to 2 percent from 1960 to 2002, growth performance in Africa has been dismal. However that is changing. Economic growth in Sub-Saharan Africa continues to recover steadily and is forecasted to pick up to 3.1% in 2018 and to firm to an average of 3.6% in 2019–20. Africa’s economic growth in 2018 will continue in 2019 in sub-Saharan Africa, averaging 3.6% over the next two years.
Africa had a total population of 1.2 billion in 2015, the medium projection is for population to reach 2.5 billion by 2050 and continue growing to 4.5 billion by 2100. Africa’s population would thus increase from 16% of the world’s population today to 26% by 1950, and 40% by 2100.
The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent. As of 2012, approximately 1.3 billion people were living in 54 different countries in Africa. Climatic factors greatly influence Africa’s agriculture, which is considered the continent’s single most important economic activity. Agriculture employs two-thirds of the continent’s working population and contributes 20 to 60 percent of every country’s gross domestic product (GDP).
Growth in Sub-Saharan Africa is estimated at 2.3 percent for 2018, down from 2.5 percent in 2017. In Nigeria, growth reached 1.9 percent in 2018, up from 0.8 percent in 2017, reflecting a modest pick-up in the non-oil economy. India has lost its spot as the world’s fastest-growing major economy after it grew more slowly than expected in the first three months of 2019. Official data showed the economy grew 5.8%, which is slower than the 6.4% growth registered by China, and down from 6.6% in the previous quarter.
Many consider Africa’s population growth a bit frightening, with predictions placing the continent’s population at 2.4 billion by 2050. By 2100, more than half of the world’s growth is expected to come from Africa, reaching 4.1 billion people by 2100 to claim over 1/3 of the world’s population. However, a study in 2014 found that fertility rates in Africa have leveled off at around 4.6 instead of continuing to decline, and that consequently world population may be as high as 12 billion by 2100.
The good news is that in 2019, like in 2018, Sub Saharan Africa will be home to several of the world’s fastest-growing economies, according to the IMF. The region’s growth numbers will be led again by Ethiopia, Rwanda, Ghana, Côte d’Ivoire, Senegal, Benin, Kenya, Uganda, and Burkina Faso who remain in the top 10.
With these numbers, future projections and facts based on African economic growth and GDP in 2018/2019, Can Africa become a Superpower by 2050?