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Lions on the move II: Realizing the potential of Africa's Economies

Author: Jacques Bughin, Mutsa Chironga, Georges Desvaux, Tenbite Ermias, Paul Jacobson, Omid Kassiri, Acha Leke, Susan Lund, Arend Van Wamelen, Yassir Zouaoui
Organisation: McKinsey Global Institute (MGI)
Publish Date: September 2016
Country: Africa
Sector: Economic
Method: Forecasting
Type: Report
Language: English
Tags: Africa, Economies

In this report, the McKinsey Global Institute looks beyond Africa’s immediate challenges and assess economic prospects to 2025 and beyond. The findings should be encouraging both for companies looking for business-building opportunities and for governments seeking to accelerate growth and human development. In the years ahead, Africa will benefit from strong fundamentals including a young and growing population, the world’s fastest urbanization rate, and accelerating technological change. These will help drive rapid growth in consumer markets and business supply chains and will offer opportunities to build large, profitable industrial and services companies.
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