Latest Breaking News On - Middle income status - Page 8 : comparemela.com

Daily Times April 2, 2021 Africa is the second largest continent of the world with 20% of the world’s landmass comprising 54 sovereign countries having 1.3 billion people with the largest youth population on the globe. With the collective GDP of over $2.3 Trillion and an import market of around $500 billion dollars, most countries in Africa are witnessing stable growth. Due to Africa’s rich natural resources and growing middle class consumer market, the World Bank has predicted that the majority of African countries will reach Middle Income Status by the year 2025. Moreover, 60% of crop land exists in Africa and has great potential to become the world’s bread basket in the next two decades.

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