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Engaging with contemporary Africa: Key contexts for external actors
Book chapter

Engaging with contemporary Africa: Key contexts for external actors

F.W. Okumu and S.M. Makinda
New Engagement: Contemporary Australian Foreign Policy Towards Africa, pp.17-33
Melbourne University Press
2013
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Abstract

Australia is optimistic about Africa and its prospects and we see immense opportunities on the continent. The African economy is growing quickly – at an average rate of 5.7 per cent over the past decade and forecast to grow at 7 per cent per annum over the next 20 years. The African population is young with a medium age of 20 years – compared to 30 in Asia and 40 in Europe. It is urbanising rapidly, with a growing middle class. Africa is rich in arable land, mineral reserves and energy deposits.

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