"African Nations Dominate Top 10 Economic Growth Spots in 2024"

It's not enough. 

That flat-out declarative is as true now as it was in 2017.*

The need is for 800 million jobs over the next 50 years.

From Bloomberg, January 9:

• IMF sees African nations filling six of top 10 growth spots
• Heavyweights South Africa and Nigeria also forecast to pick up

Africa faces economic headwinds this year, but some of the continent’s brightest sparks are shading it in a more hopeful light.

Six of the top-10 performing economies in the world are forecast to come from Sub-Saharan Africa in 2024, according to the International Monetary Fund.

Their smaller size won’t be enough to make up for less-stellar performances by South Africa and Nigeria, which together account for two-fifths of Africa’s $2 trillion economy. But collectively, they are helping to make a difference in a region that remains severely challenged by poverty and inequality.

“Sub-Saharan Africa’s growth prospects are brightening,” said Bloomberg Africa Economist Yvonne Mhango. “Eight of the region’s top-10 biggest economies – which together account for another 40% of regional GDP – will grow by a strong 5% on average.”

These include Ivory Coast at 6.6% and Tanzania at 6.1%. The two countries have done a good job of diversifying their economies and attracting foreign investment....

....MUCH MORE

*By now most of our readers have seen a version of the U.N. projections for world population in 2050 and 2100. If not, here's a post from April  [2017] with the graphic:

IMF: Sub-Saharan Africa has Just Completed One of its Best Decades of Growth--It's Not Enough (UPDATED)
Update below.
Original post:
This may be one of the more important graphics you are likely to come across today.
Africa's population is projected by the United Nations to reach 2 billion people by 2045, 4 billion before the end of the century:

via CityLab

We followed up with "To Jumpstart Development, Should We Give Africa Bonds a Whirl?"

The problem, as always, is keeping the money from sticking to the hands of the kleptocrats,
And whether investment will actually do any good.

Following on "IMF: Sub-Saharan Africa has Just Completed One of its Best Decades of Growth--It's Not Enough" here are a couple women who have thought about this stuff, Ngozi Okonjo-Iweala a former two-time Finance Minister of Nigeria and World Bank Managing Director, currently a senior advisor at Lazard and Nancy Birdsall, former EVP at the Inter-American Development Bank where she ran a $30 billion loan portfolio....

And today it's the population analysts at Populyst, September 28:

Africa: 800 Million Jobs Needed
African economies are in a race to get ahead of the demographic boom.....MORE

And if Europe is not swayed by altruistic and humanitarian considerations:

 Up to 500 Million Sub-Saharan Africans Would Like to Move to Europe; Mayfair, Monte Carlo Favored