{"id":10059,"date":"2012-04-19T04:21:04","date_gmt":"2012-04-19T02:21:04","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/rpt-africas-demographics-dividend-or-disaster\/"},"modified":"2012-04-19T04:21:04","modified_gmt":"2012-04-19T02:21:04","slug":"rpt-africas-demographics-dividend-or-disaster","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/rpt-africas-demographics-dividend-or-disaster\/","title":{"rendered":"RPT-Africa&#8217;s demographics: dividend or disaster?"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(Repeats to additional subscribers with no changes)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>By Ed Stoddard<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, April 18<\/span> (Reuters) &#8211; Wanted: Investors for<br \/>\nyoung, hot and thirsty continent. Population to double in 40<br \/>\nyears. Poor, but less than it was. Interested parties must think<br \/>\nlong term.<\/p>\n<p><span><\/span><\/p>\n<p>Africa&#8217;s demographic profile could make it a dream for<br \/>\nretailers if spending power continues to rise &#8211; or an unfolding<br \/>\ndisaster for everyone if the labour market fails to absorb its<br \/>\nswelling ranks of young people.<\/p>\n<p><span><\/span><\/p>\n<p>Top business executives at the Reuters Africa Investment<br \/>\nsummit see potential. They expect ever higher numbers of<br \/>\nchildless young people to enter the labour market and earn money<br \/>\nthat they can spend or save.<\/p>\n<p><span><\/span><\/p>\n<p>The latest U.N. figures project that Africa&#8217;s population<br \/>\nwill double over the next four decades to almost 2 billion. To<br \/>\ngive just one example, 46 percent of Zambians are below 15.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We are going to benefit from a demographic dividend. You<br \/>\nare going to have this significant increase in consumers,&#8221; said<br \/>\nJohn van Wyk, who co-heads the Africa business of private equity<br \/>\nfirm Actis, which has $1.5 billion under management in Africa.<\/p>\n<p><span><\/span><\/p>\n<p>A 2010 study by the McKinsey Global Institute projected the<br \/>\nnumber of African households with discretionary income earning<br \/>\nover $5,000 would rise to 128 million by 2020 from 85 million.<\/p>\n<p><span><\/span><\/p>\n<p>Credit Suisse estimates African household wealth grew at 19<br \/>\npercent in 2010-2011 &#8211; outpaced only by India and Latin America.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Repeats to additional subscribers with no changes) By Ed Stoddard JOHANNESBURG, April 18 (Reuters) &#8211; Wanted: Investors for young, hot and thirsty continent. Population to double in 40 years. Poor, but less than it was. Interested parties must think long term. Africa&#8217;s demographic profile could make it a dream for retailers if spending power continues [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10059","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10059"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10059\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}