Robots Together With Automation: It Volition Hold Upward Cheaper To Operate Robots Inwards Us Factories Than Hire Workers Inwards Africa

This is a few months old precisely something that policymakers had ameliorate larn ahead of.

From the BBC, March 19:

Robots in addition to automation: How Africa is at risk
Within less than 2 decades it volition last cheaper to operate robots inwards USA factories than hire workers inwards Africa, a novel study warns.

Falling automation costs are predicted to drive task losses every bit manufacturers provide to richer economies.

Some analysts say poorer countries could last less impacted yesteryear this trend, yet the Overseas Development Institute (ODI) suggests otherwise.

But its study adds African nations bring fourth dimension to laid for the change.
"African countries must non shy away from manufacturing, precisely instead laid yesteryear increasing access to internet, investing inwards technical skills in addition to promoting technological innovation," said Karishma Banga a senior query officeholder at ODI.

"If done well, automation tin introduce of import opportunities for African countries yesteryear improving labour productivity inwards manufacturing," she said.

It has been suggested that poorer countries volition non every bit last affected yesteryear automation because they bring less coin to invest inwards it.

"Our query shows that this is overly optimistic. Currently the toll of operating robots inwards slice of furniture manufacturing is silent higher than labour, precisely this volition non last the example inside xv years", Dirk Willem te Velde, manager of the Supporting Economic Transformation programme at ODI, said inwards a statement.

ODI's report, Needed: 800 Million Jobs For Africa
By forthwith most of our readers bring seen a version of the U.N. projections for basis population inwards 2050 in addition to 2100. If not, here's a post service from Apr amongst the graphic:

IMF: Sub-Saharan Africa has Just Completed One of its Best Decades of Growth--It's Not Enough (UPDATED)

Update below.
Original post:
This may last ane of the to a greater extent than of import graphics y'all are probable to come upwards across today.
Africa's population is projected yesteryear the UN to accomplish 2 billion people yesteryear 2045, four billion earlier the destination of the century:

To Jumpstart Development, Should We Give Africa Bonds a Whirl?"

The problem, every bit always, is keeping the coin from sticking to the hands of the kleptocrats,
And whether investment volition genuinely practice whatsoever good.

Following on "IMF: Sub-Saharan Africa has Just Completed One of its Best Decades of Growth--It's Not Enough" hither are a brace women who bring idea nearly this stuff, Ngozi Okonjo-Iweala a old two-time Finance Minister of Nigeria in addition to World Bank Managing Director, currently a senior advisor at Lazard in addition to Nancy Birdsall, old EVP at the Inter-American Development Bank where she ran a $30 billion loan portfolio....

...MUCH MORE