Manufacturing in Africa is six times more productive than agriculture. The growth in services on the continent has contributed to no or slow growth in overall per capita income.
By 2030, 32% of Africans – forecast at 548 million – are likely to live in extreme poverty. Africa is quite unequal, so growth does not translate into poverty reduction.
In 23 sub-Saharan African countries, urbanisation would have happened without a single person moving from a rural area to an urban one.
Madagascar, Malawi and Zimbabwe are expected to see the largest increase. By 2040, 45% of the region’s extreme poor (over 58 million people) are expected to live in Malawi and Madagascar.
Today, almost 90% of Gabon’s population lives in urban areas while hardly 12% of Burundians do