25 fastest growing and largest african cities

Fri, 18 Nov 2022 08:26:19 +0000

Largest African cities - Africa’s population in the urban is the fastest growing globally. It is estimated that in less than 20 years from now, every second person in Africa is likely to live in a town or a city. This will amount to about 926 million, or 438 million of the current population. The UN estimates that, by 2030, the African continent will have 18 cities with populations of more than five million people, up from eight in 2018. It is estimated that in 2030, six of the 41 megacities in the world will be in Africa. The existing largest cities in Africa, i.e. Cairo, Lagos, and Kinshasa will be joined by Johannesburg, Luanda, and Dar es Salaam.

Africa is an emerging continent with enormous economic potential, which financial analysts predict will have a nominal GDP of $2.9 trillion in the coming years. A remarkable economic surge is expected, as a gross domestic product of $29 trillion is projected by the year 2050. The continent’s urbanization has a lot of potentials if it’s executed appropriately due to the apparent capacity of cities to be a major facilitator of economic growth, particularly as the fastest growing cities in Africa aren’t solely the result of a massive population. They combine an active industrial revolution, a quickly rising population, and rapid economic development to provide a significant improvement in continental living standards over the last 200 years.

According to a report by Brahima Coulibaly, Director of Brookings Institution Africa Growth Initiative, about half of the world’s fastest-growing economies will be located on the continent, with 20 economies rising at an average rate of 5% or higher over the next five years, faster than the global economy’s 3.6 percent rate. The continental population is expected to reach around 2 billion people by 2050, as more economic activities are being carried out to counterbalance the growing population. The 25 25 fastest growing and largest African cities will be highlighted in this article.

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