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The Rise of African Countries: Why We Should All Be Paying Attention Many people aren’t aware of the rise of African countries, but it’s happening right before our eyes. These six countries are on track to become some of the world’s biggest and most powerful economies in just a couple of years, which will have an impact on almost every single person on the planet. If you want to understand how this will affect your life, read on! (Source). Africa is the world's fastest-growing continent Africa has the youngest population in the world, with a median age of 18.1 years, and a high fertility rate. This is leading to unprecedented economic growth and a higher standard of living. The continent's share of global gross domestic product (GDP) is expected to increase from 2% in 2016 to 3% by 2020. Africa also has the potential for rapid growth in its export market, especially for natural resources such as oil and gas. Africa is home to some of the world's fastest-growing economies At the end of 2016, Africa's share of global GDP increased from 4.7% to 5.6%. Over the past decade, Africa has seen a steady increase in its regional share of global GDP. This trend is expected to continue with estimated growth rates for 2020 as high as 7%. Africa is a key player in the global economy African countries are on the rise and this is a trend that we should all be paying attention to. In fact, just last year, Nigeria became Africa's largest economy and they're only getting bigger. This rising economic power comes in the face of rampant violence, corruption and poverty. It is no surprise then that many governments view it as their responsibility to protect their investments with strict measures such as export bans and subsidies. But if you're one of those people who has been thinking about investing your money outside of North America or Europe for some time now, Africa could be worth your consideration. Africa is a major source of growth for the world economy Africa's population is set to double by 2050, so the continent will soon be a major source of growth for the world economy. Already, Africa has become a key trading partner for China and India. And by 2025, it will account for one-third of global economic growth. The future is bright for African countries because they are not only growing in terms of their populations but also in terms of their economies. As an example, Kenya has grown at more than 6% per year over the past decade. Africa is an important market for businesses Africans are some of the most entrepreneurial people on earth. Africa is not only an important market for businesses, but also a crucial supplier to global markets. If you sell something in Europe or North America, there is a good chance that it traveled through Africa at some point in its journey. The rise of African countries such as Nigeria, Ghana and Kenya has opened up even more opportunities for business investment and trade with the continent. However, this rapid growth has not happened without pitfalls.