Business With Africa
Africa presents some of the most compelling business and trade opportunities of the 21st century, especially for Black entrepreneurs, investors, and persons from the Caribbean seeking to reconnect with and benefit from the continent's rapid economic transformation. The statistics below reveal why Africa is emerging as the next global growth hub across multiple sectors.
Demographic Power and Workforce Expansion
Africa’s population is estimated at 1.46 billion in 2025, with a median age of only 19.3 years. The World Bank projects that the working-age population will grow by over 620 million by 2050,
accounting for three-quarters of new labor force additions in all
emerging markets.
This youth-driven demographic shift ensures a growing
consumer base for housing, automobiles, electronics, food, education,
and more. Approximately 45% of Africans live in cities, and urbanization continues to accelerate, fueling demand for infrastructure, logistics, and retail.
