Black British People, Black History Month UK 2022.

 Africa the Next Economic Battleground

   Africa the Next Economic Battleground, Today when every big country. Thinking of investing in Asia. Some countries with large populations are benefiting from their development. And even the companies that are appearing.

                                                      Africa the Next Economic Battleground

 

China, Europe, and India are already interested in investing in African countries like ours. Seeing Africa as a potential market for the future, why is Africa here to stay?

 

Well, historically there were a lot of Africans. The trade of rich empires in many parts of the world, however, was created by the European colonies and the challenges that followed.

 

De-colonization has resulted in environmental, economic, and social instability in Africa due to the fact that most of the Asian countries had colonial ruled countries but also Asian countries.

 

Overcoming these challenges facing Africa, China, for example, started its own economy. After 80, India began to grow and develop economically. Economic growth in Africa still began in the late 1990s, 1990s.

 

And it started with economic growth. The two main players are major US tech companies and China. Tech companies are always on the lookout. For the big markets, Africa is showing great signs.

 

Its growing population and economic growth The combined population of 1.3 billion people in 54 African countries, with an average age of 19, is more than half the world's population.

The next 30 years will be there.

 

Six of the world's 15 fastest-growing economies in 2019. Likely to be in Africa. And according to a London-based think tank, Africa's total GDP could reach 2.6.

 

This year, their GDP growth is expected to reach trillions of dollars. All of this is driving up to 4.1%. Global Companies in Africa Yet the biggest problem today is the economic development of Africa.

 

So far, 43% of the population has access to their poor infrastructure. Electricity and the Internet on the African continent and only 40 in comparison. 62% of the world. But when it comes to Africa. China plays a role in infrastructure programs.

 

An important factor is that over the past two decades, China has helped Africa meet them. Infrastructure Financing Requirements To date, China has participated in more than 200 African infrastructure projects, including highways, electric railways, and more. Huawei made about 70%.

 

US companies such as Google, Facebook, and Amazon are also supporting 4G networks in Africa. Facebook, for example, is building Africa's infrastructure. Massive underwater cable around Africa is to bring more of this.

 

Content One Point Three billion people online Facebook claims that it will be a network of 37,000 kilometers. Like Earth Frame, Google is working on building infrastructure.

 

Google's new cable for affordable Internet access to Africa is called Equiano will. 20 times maximum capacity. Recent projects in the region, however, are not limited to foreign players.

 

There is also a startup industry in Africa. Completion of the new milestone of African startups reached 2.02 last year. The billion-dollar equity fund is the future of startups such as universities. The African tech industry is the Amazon of Jamia Africa and it was the first African tech company.

 

Listed on the New York Stock Exchange, however, this is an economic battleground and whatever it will create. Africa's infrastructure will grow the fastest. At most, China seems to be winning.

 

Africa Although some African countries are concerned about the growing situation in China. China is still playing a key role in debt diplomacy and its debt trap. We have Africa's infrastructure program and because of that investment.

 

Poverty has seen massive economic growth and millions of people have been displaced, although the so-called crisis could slow economic growth. But that will only be for a short time.

 

With good governance and a massive infrastructure development program, Africa can become a great country. Economic Powerhouse What do you think of this article?

Black British People, Black History Month UK 2022.

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