Bridgewater Associates, one of the world’s most renowned hedge funds and macroeconomic researchers, together with the international advocacy organization Global Citizen, and the leading Pan-African investor and developer across the continent, Harith General Partners, have partnered to produce brand new research highlighting the economic potential of Sub-Saharan Africa’s rapidly expanding population. The collaboration brings together decades of expertise in global economic analysis and advocacy to shed light on the region’s pivotal role in shaping the future global economy.
With nearly fifty years of experience in mapping the intricate cause-and-effect relationships that drive global economies and markets, Bridgewater Associates has long been at the forefront of economic forecasting. Their partnership with Global Citizen, the world’s leading advocacy organization known for its cultural and advocacy work partnering with entertainers and world leaders to call on governments and the private sector to take necessary action to end global extreme poverty, and Harith General Partners, one of the largest investors in African infrastructure, aims to provide insights that will inspire collective action from the world’s richest nations, the global private sector, and local governments in Sub-Saharan Africa.
Harnessing the Power of Demographic Change
As global population growth slows, Sub-Saharan Africa stands out with a demographic boom that is rapidly increasing its share of the global workforce.
Since initially launching this partnership in support of the World Bank’s IDA21 replenishment efforts, Bridgewater has worked to better understand the dynamic of Sub-Saharan Africa’s population growth, its implications for the region’s role in the global economy, and how decisions made by policy makers, investors, and the private sector can send us down alternative paths.
Key Research Findings:
The new research – Changing Sub-Saharan Africa’s Growth Trajectory – identifies five key takeaways that underline the importance of this demographic shift:
Call to Action: Economic Development Assembly in Abidjan, Côte d’Ivoire, October 9-10.
The research underscores the urgent collaborative action needed among policymakers, private investors, and MDBs to harness the economic opportunities presented by Sub-Saharan Africa’s demographic growth. By doing so, the global community can help ensure a prosperous future for the region and contribute to the global fight against extreme poverty.
As a result of these findings, Bridgewater Associates, Global Citizen and Harith General Partners are hosting the Economic Development Assembly in Abidjan, Côte d’Ivoire, from October 9-10, in partnership with the Government of Côte d’Ivoire. The Assembly will serve as a platform to call on global leaders to increase their contributions to the International Development Association’s (IDA) replenishment efforts, starting with the IDA21 cycle. The event will also emphasize the importance of supporting other reputable MDBs that are focused on the development challenges facing sub-Saharan Africa.
Share it!
