World Perspectives

African Century

A phrase filled with dark humor about Brazil in the 1990’s was, Brazil é o pais do futuro e sempre será - Brazil is the country of the future and always will be. However, it eventually broke out from its underperforming stage. The Brazilian economy is now six times larger and parts of its agricultural sector are growing double digits each year. Sub-Saharan Africa suffers from the same image Brazil had back in the 1990’s but it likewise is set to dramatically emerge.  While major economies in Asia are facing a decline in their working age population, Sub-Saharan Africa has a current average age of 19.5 years and is forecast to have 910 million workers by 2035. That will be well above the number of workers in g...

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