Megatrends in Africa: Population, Climate, Urbanisation, Migration, Technology and Democracy

LAGOS (Capital Markets in Africa) – In 2019, the Department for Africa and the Middle East of the Ministry for Foreign Affairs of Finland published a Megatrend in Africa report.  

The trends ultimately considered as “megatrends” depends on the definition of a megatrend. In this instance, the Department for Africa and the Middle East defined six major trends in Africa as megatrends: population growth, climate change, urbanization, migration, technological development, and democracy trends.

Megatrends in Africa are deep and long-term transformation processes that are irreversible. They can and should be mitigated, but will inevitably require adaptation as well. The trends also have an element of foresight, in regard to how they are set to develop in the future.

All the megatrends are interlinked and affect each other. Population growth and climate change can be seen as mega-megatrends that have an especially strong effect on other trends.

For more, read the full report by clicking Megatrends in Africa.