5 Signs The Black World is on The Rise

Culture

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(Atlanta Black Star) Africa is set to become the world’s economic engine within the next 10 years and during the 21st century is a well-known fact. Sub-Saharan Africa is the second fastest-growing region of the world today, trailing only developing Asia. In 2012, sub-Saharan Africa maintained solid growth, with output growth at 5 percent on average.

As a result, Africa now has the fastest-growing middle class in the world. Some 313 million people, 34 percent of Africa’s population, spend US $2.20 a day, a 100 percent increase in less than 20 years, according to the African Development Bank. It is also acknowledged that Africa’s middle class is on course to becoming larger than that of India. By 2060, Africans living below the poverty line are estimated be in the minority – 33 percent.

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