Demographic transition may be the biggest single opportunity for the economies of sub-Saharan Africa, but countries will only be able to enjoy the dividends if they make sufficient investment in education.
The world's poorest countries, especially those in Africa, are struggling to pay for a climate crisis they cannot afford.
Sub-Saharan Africa is poised for a gradual economic upturn in the coming years, buoyed by an enhanced external milieu that diminishes the risk of significant currency devaluations and sovereign defaults.
The recent humid heatwave in southern West Africa was 10 times more likely due to human-induced climate change, according to a team of top climate researchers from the World Weather Attribution group.
The hotter the world gets, the more water the air can hold and the more it will rain.
The global green transformation will create a windfall for many Emerging Markets that are home to large deposits of essential raw materials needed for the revolutions, while others like oil producers will take a hit and see their growth slow.
Emerging markets will overtake the Western world in terms of the collective nominal size of their economies by 2050, with China and India as the second and third largest behind the US, according to Capital Economics’ long-term forecasts.