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ARTICLE · 21 APRIL 2022

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How Technology Could Underpin Growth In Africa

Ocorian
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As the world emerges from the shadow of Covid-19, the big question for many economists, politicians and investors is exactly what global growth will look like in the years ahead.

South AfricaMedia, Telecoms, IT, Entertainment
John Félicité
John Félicité

John Félicité, Director, Ocorian Mauritius, explains how Africa remains the continent with the largest opportunity for growth, but much work is yet to be done on ensuring the infrastructure needed to achieve this is in place. 

As the world emerges from the shadow of Covid-19, the big question for many economists, politicians and investors is exactly what global growth will look like in the years ahead.

Africa is often the last continent to be mentioned in this conversation. This is unsurprising, considering that Africa accounts for around 2.8% of global GDP, while Asia accounts for 38.7% and North America 28.2%. 

Africa as a continent should not be ignored, however. Home to 1.37bn people, with half under the age of 25, its population is expected to reach nearly 2.5bn by 2050. This presents vast human capital with a range of skills and an eagerness to learn.

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