
Africa stands out from other continents by its particular context marked by the following main characteristics :
The last 20 years have seen significant growth, much better governance and human resources, but inclusive and distributive economies remain necessary.
A new era is dawning for Africa but several challenges must be met.
Average age in 2022 : 18.8 in Africa 30.1 in the rest of the world 42.4 in Europe UN. Source: Statista (2022) Threat Diseases and devastating epidemics persist : Ebola HIV/AIDS Malaria Tuberculosis Meningitis An increase in non-communicable diseases : Cardiovascular Cancers African economies are not diversified Very strong dependence on natural resources : 50-93% Only four countries have an economic diversification index higher than the world average 1. South Africa 2. Egypt 3. Morocco 4. Tunisia Source: United Nations African Development Report (2022)
Economic challenges : The stability of countries is obligatory (no development without stability) Only a fifth of Africans work in a wage economy. Significant informal sector (must be included in the formal sector) 80% of the African economy is agrarian (need for industry) Infrastructure (roads, schools & universities, hospitals, etc.) Access to electricity and drinking water...) Translate growth into poverty reduction and improved well-being of the population Demographic control Change: from the extractive economy to a transformative economy The economy must be oriented towards local needs Regional and continental integration Two major priorities : 1. Investing in its Youth (Education/Science) and its Infrastructure 2. Improve its Governance 10 scientific challenges for development 1. New resilient agriculture (combining AI, biotechnology and agriculture) 2. Food industry 3. Fertilizers (South-South collaboration) 4. Health Sciences 5. Water-energy-agriculture link 6. Water management and desalination combined with solar energy 7. Industry (Chemistry, Metallurgy, Mechanics, Electrical, IT, etc.) 8. Health economics (Medicine...) 9. Transforming the extractive economy into value-added products 10. Need for an African strategy for IT, AI, cybersecurity and defense ASRIC : Must be given the necessary means to fully play its role as lever and engine to stimulate STI and STEM in Africa
Morocco has no gas, no gasoline and only few natural resources. But it is thanks to the United Nations African Development Report (2023) : 1st automobile manufacturer in Africa (Morocco World News, 2023) 1st aeronautical hub in Africa 1st Producer of fertilizers and phosphoric acid in Africa 1st high-speed train in Africa, highways 1st Cargo Port in Africa (Tangier-Med, Nador, Dakhla...) 1st producer and exporter of fishery products in Africa 1st world exporter of sardines (50% of world production) 1st-2nd Financial Market (Stock Market) 1st and largest concentrated solar power plant in the world 1st African investor in West Africa and 2nd in all of Africa 1st African country vaccinated against Covid-19 (January 2021) 1st digital payment company on the continent (HPS: 3rd worldwide) 1st ICT technologies in Africa (Monkey Insider Report 2023) 1st Internet connectivity in Africa (Statista 2023) Access to electricity (≈100%) and water 1st generalized health care and social insurance system in Africa (ongoing) 2nd tourist country in Africa after Egypt 2nd Destination for African students in Africa after South Africa 2nd life expectancy in Africa 2nd airline in Africa after Ethiopian Airlines (in 2023) 4th, 5th and 10th bank in Africa after South Africa, Present in 25 African countries 6th Telecom company in Africa (Maroc Telecom) 5-10th Moroccan insurance companies In addition : Large Moroccan companies in: Electricity, construction, agri-food, agriculture, electronics, textiles, professional training, dams, highways, electronics, design & crafts, disicybertech, etc. Nigeria-Morocco pipeline
Data on Africa provides you with a retrospective of the democratic, economic, and social development achievements that can be recorded on our continent. A dossier created by us will give you an overview of the steps taken, listing our articles covering the major projects completed or underway on our continent.
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