The World Bank (WB) has reported that Africa’s urban population will double over the next 25 years, reaching 1 billion people by 2040.
The report cites the population of the continent’s urban areas at 472 million and predicts that an additional 187 million people will be added to urban areas by 2025 to reach the projected figure.
The report titled: “African cities are opening up to the world”, insists on the need for cities to grow economically at the same time as they grow in size.
The report, which was released on Thursday, says improving conditions for people and businesses in African cities is key to growth.
“What Africa needs are more affordable, connected and livable cities; enhancing the economic and social dividends of urbanization will be critical as better developed cities could transform African economies,” said Makhtar Diop, World Bank Vice President for Africa.
“Africa’s cities are growing in population, adding the size of another Nigeria to cities by 2025; they therefore have an essential role to play in the economic growth of their country”, underlines the report.
This requires “improving conditions for people and businesses in African cities by investing aggressively in infrastructure and reforming land markets is key to accelerating economic growth and creating jobs, and improving the competitiveness of cities. and that they must open their doors and connect to the world”.
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