President John Mahama has described Africa the world’s most dynamic emerging market as he impressed on the investing community to consider it.
According to him, African’s youthful population coupled with its fast urbanization drive and digital connectivity makes it the preferred investment destination.
Speaking at the African Singapore Business Forum on Monday August 25,2025, President Mahama intimated that investment in Africa will yield the needed returns for mutual growth and benefits. He said Africa is “the world’s most dynamic emerging market today.”
Highlighting the potentials of the continent in terms of investment, President Mahama said, “We are 1.4 billion people, young, fast urbanizing, digitally connected, rapidly growing middle class and Africa’s cities will host more than 700 million consumers by 2030.”
Data available indicates that Africa-Singapore trade rose by 50% between 2020 and 2024, to nearly $14 billion with West Africa accounting for more than half of that.
He urged investors to take advantage of the African Continental Free Trade Agreement to invest in agriculture value chain, manufacturing, technology amongst others.