McKinsey Institute: Africa\’s Economic Lions

An excellent podcast drawing on McKinsey Institute research findings.  Key features:

• Is growth simply another resource boom or is there more to it?
• Some of the biggest opportunities are in consumer facing industries
• A rising middle class.  Consumer market currently bigger than Russia and India
• The African Green Revolution
• More families earning USD $20K than India
• Growth will add another Brazil by 2020
• By 2040, one in five young people will be in Africa
• By 2040, Africa will have a bigger labour force than China’s which will have aged