Recent visits to South Africa and Ghana brought home to me the scale of Africa’s urban development opportunity. In Johannesburg and Accra, I saw fast-growing cities, teeming with ambition, innovation, and young people looking to build better lives. Their challenges are significant, but so, too, is their potential to create jobs and drive growth.
Browsing: SubSaharan
Sub-Saharan Africa stands at a pivotal moment. Between 1950 and 2025, the region’s urban population grew by 742 million people, and by 2050 another 748 million will be added, bringing its total urban population to 1.7 billion, by which time its urbanization will be almost complete.
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In its latest Regional Economic Prospects report, the European Bank for Reconstruction and Development (EBRD) has revised down its forecast for the Bank’s sub-Saharan Africa (SSA) economies from 5.1 per cent in the first half of 2026 to 4.8 per cent for 2026, before moderating it slightly to 4.7 per cent in 2027.
