Pulse #17 - Open Skies: Healthcare's moment for momentum, Kannywood makes a break from Nollywood, and Africa's reopening stutters,
The Data Room
Sub-Saharan Africa (SSA) is the only region in the world expected to see population growth through to 2100. 5 African countries are expected to be among the top 10 most populous countries (led by Nigeria - the only African country on the current list). Although forecast to be 2nd by population size, Nigeria is expected to be the most densely populated country in the world. Huge transformation will be needed in coming decades to ensure populations are well catered for.
Numbers in the Spotlight
($35bn) of GDP could be lost due to the fall in aviation in Africa
($1bn) is being raised by Nigeria based Flying Doctors Healthcare Investment Company, to invest in health care across Africa
($670mn) is the annual cost of Africa’s rejected grain exports due to aflatoxin contamination
The Eastern Africa Grain Council and The International Institute of Tropical Agriculture will collaborate to tackle aflatoxin contamination of grains. Aflatoxin is a major impediment to food safety and trade in Africa, costing an estimated $670mn in rejected exports annually. Aflatoxin is also responsible for ~30% of liver cancer diagnosed across The Continent. Improved farming practices through tactics such as the use of irrigation, fertiliser, insecticides, and fungicides could help reduce grain contamination to international food standard levels, and present a huge opportunity to increase crop exports to international markets.
Essential infrastructure, personal living-space & utilities
Ghana has received over $92mn of financing from the UK Export Finance, to fund the expansion of the 166km Tema-Aflao road, connecting the Atlantic coast of Ghana to the border with neighbouring Togo. The road forms a part of the Abidjan Lagos corridor project that spans ~1,028km, intersects rail and major ports / airports, and connects five West African states. This corridor currently supports 75% of sub regional trade, but poor road infrastructure (in addition to obstacles such as numerous checkpoints and non-harmonised customs procedures) minimises trade benefits.
Effective internal and regional security, and foreign policy