In 2015, Africa represents 37% of global population increases but 45% of global 0-64yr/old population growth.
By 2030, the chart below highlights that Africa will represent an est. 55% of global population growth...but far more importantly in 2030, Africa will likely represent 90% of all 0-64yr/old population growth. A continent without income, savings, access to credit, and dwindling growing nations to purchase their exports. Given these circumstances, the likely "quality" of African consumption and demand growth will be almost nil and the global impacts of declining demand only accelerating.
Population Growth Ends...Oil Consumption Peaks and Declines