Africa will surpass the economic growth of Asia as a whole for the first time in decades, according to the latest forecasts from the International Monetary Fund.<\/p>\n
The organization forecasts that the African continent will achieve a GDP increase of 4.61% in 2026 and 2027. In Asia, the combined growth will be 4.41% and 4.31% and 4.31%, respectively.<\/p>\n
This progress is supported by several structural factors. These include abundant mineral resources, a growing population, and economic reforms in key countries.<\/p>\n
The IMF also attributes the improvement to greater macroeconomic stability and measures aimed at modernizing national economies in recent years.<\/p>\n
However, the continent does not follow a uniform economic pattern. Experts point out that the diversity of production models makes it impossible to speak of a single African development strategy.<\/p>\n
Some economies depend primarily on the exploitation of natural resources. Nigeria, Angola, and Equatorial Guinea base much of their growth on the extractive sector.<\/p>\n
In other countries, the impetus comes from export-oriented agriculture or emerging industries, such as textile production in Ethiopia.<\/p>\n
There are also economies that have focused on services or tourism. Kenya stands out for its service sector, while Mauritius benefits from tourism.<\/p>\n
Analysts also point to a continent that is developing at two speeds. Some countries maintain an extractive model with little added value and low-quality jobs.<\/p>\n
Others have pursued profound reforms and productive diversification. Rwanda, Ivory Coast, Senegal, and Tanzania are cited as examples of economies with better results.<\/p>\n
African growth also exhibits structural differences compared to Asian growth. A significant portion of GDP growth stems from an increase in the working-age population.<\/p>\n
In fact, approximately two points of continental growth are explained by population growth rather than productivity improvements.<\/p>\n
This situation limits the impact of population growth. Several organizations warn that GDP per capita has barely changed in recent years.<\/p>\n
The future challenge will be to transform that dynamism into real prosperity through investments in education, health, transport and infrastructure that allow us to take advantage of the demographic boom.<\/p>\n
Source: El Pa\u00eds<\/strong><\/p>","protected":false},"excerpt":{"rendered":" Africa will surpass the economic growth of Asia as a whole for the first time in decades, according to the latest forecasts from the International Monetary Fund. The organization predicts that the African continent will achieve GDP growth of 4.61% in 2026 and 2027. In Asia, combined growth will be 4.41% and 4.31%, respectively. This progress is supported by<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_thinkrank_schema_form_data":"","_thinkrank_selected_schema_type":"","_thinkrank_additional_schemas":"","_thinkrank_canonical_url":"","_thinkrank_og_title":"","_thinkrank_og_description":"","_thinkrank_og_image":"","_thinkrank_twitter_title":"","_thinkrank_twitter_description":"","_thinkrank_twitter_image":"","_thinkrank_imported_from":"yoast","_thinkrank_focus_keywords":["Crecimiento econom\u00eda africana"],"_thinkrank_focus_keyword":"Crecimiento econom\u00eda africana","_thinkrank_robots_meta_enabled":0,"_thinkrank_robots_meta":"","_thinkrank_advanced_robots_meta":"","_thinkrank_primary_category":208,"footnotes":""},"categories":[208],"tags":[2020,464,2019],"class_list":["post-20769","post","type-post","status-publish","format-standard","category-medios","tag-africa-versus-asia","tag-fondo-monetario-internacional","tag-pib-africa"],"_links":{"self":[{"href":"https:\/\/welcomeafrica.org\/en\/wp-json\/wp\/v2\/posts\/20769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/welcomeafrica.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/welcomeafrica.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/welcomeafrica.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/welcomeafrica.org\/en\/wp-json\/wp\/v2\/comments?post=20769"}],"version-history":[{"count":0,"href":"https:\/\/welcomeafrica.org\/en\/wp-json\/wp\/v2\/posts\/20769\/revisions"}],"wp:attachment":[{"href":"https:\/\/welcomeafrica.org\/en\/wp-json\/wp\/v2\/media?parent=20769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/welcomeafrica.org\/en\/wp-json\/wp\/v2\/categories?post=20769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/welcomeafrica.org\/en\/wp-json\/wp\/v2\/tags?post=20769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}