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Africa is Projected to Become the World’s Fastest-growing Region

Africa’s ready market of more than 1.4 billion people under the African Continental Free Trade Area (AfCFTA) has surpassed the European Union (EU) single market, US-Mexico-Canada Agreement (USMCA) and Southern Common Market (MERCOSUR) combined, the report states. The report, based on the United Nations Department of Economic and Social Affairs (UNDESA), highlights that Africa is the world’s youngest continent, and is projected to be the only region whose population will grow significantly from 2060.