In the coming months, Africa’s growth is set to accelerate and the population of Africa’s 5 million people will reach a new milestone, with the number of Africans projected to hit 6 million.
A new report from the UN Population Fund, published this week, said the region is now “one of the fastest-growing regions in the world”, with the African continent accounting for about 15 percent of the world’s population.
With the population now more than double the size of Australia and New Zealand, Africa is set for a population explosion of about 50 million people by 2050, according to the report.
It says Africa’s “unprecedented” growth will take place in a continent where the world is expected to add around 1.6 billion people by 2045, with a projected population of 4.5 billion by 2060.
The report predicts that the population boom will create “a new social divide” with many countries in the region expected to become more unequal, as a result of the “increasing inequality in social welfare, economic well-being and access to quality health care”.
African leaders have made it clear they want to limit the birth rate, but have been unable to keep pace with the rise of the global population.
The region will likely see an increase in people of both sexes and of the childbearing age, with about one-third of the population expected to be over 50 years old by 2050.
According to the UN, a large number of people in Africa live in extreme poverty.
“The demographic change of Africa will change the way people live their lives,” said the report’s author, Robert Schulz, who is a senior fellow at the Population Council.
“It will lead to more conflict and more inequality.”
Africa has a rapidly expanding middle class.
It now has about 15 million people, about three-quarters of the entire continent’s population, with more than half living in the continent’s regions of East and West Africa.
While the middle class is growing, the region’s rapidly expanding population is making it more unequal.
It is estimated that the continent will have more income inequality than the OECD.
The average African household has a median income of US$2,600 a year, the report found.
The top 20 percent of households in Africa, on average, earn more than $6.5 million a year.
The bottom 20 percent earn between US$4,000 and $8,000 a year and are on average about $500 a month below the poverty line.
In the United States, the median household income is $37,500 a year for a single person.
According in the report, African women are also at risk of poverty and under-development, with an estimated 25 percent of women in Africa living in sub-Saharan Africa, compared to 7 percent in the United Kingdom and 4 percent in China.
There is also an over-representation of women with lower education levels.
“This imbalance is particularly evident in the country of Burkina Faso, where the proportion of women without university degrees is higher than in any other country,” the report said.
While Africa has the highest population growth rates in the developed world, it also has the lowest fertility rate.
“In many countries, fertility rates are declining,” the UN report said, with only South Africa, the United Arab Emirates and Egypt showing fertility rates below replacement level.
The UN also noted that there are some countries with low fertility rates, including Nigeria, but said they are in the middle of the pack.
The Africa Development Bank has warned that Africa’s poor and vulnerable people could suffer “significant impacts” if the demographic transition does not happen quickly.