Africa will not remain an agriculture-based continent as it is today after 25 years, Jeffrey Sachs, President of the Sustainable Development Solutions Network (SDSN), said at the panel titled “Global Housing Crisis – What’s the Plan?” held within the framework of WUF13, APA-Economics reports.
According to him, housing problems and urbanization dynamics differ significantly across various regions of the world.
Jeffrey Sachs stated that while the urban population in countries such as Chile will remain stable over the next 25 years, the urban population in Sub-Saharan Africa will more than double.
The expert noted that this growth will create entirely new challenges in terms of urban space, land use, design, construction and infrastructure.
According to him, the rapid movement of Africa’s population to cities is inevitable because agriculture is becoming mechanized and young people are leaving rural areas.
Jeffrey Sachs emphasized that the main question is not whether urbanization will occur, but whether sufficient jobs and an economic base will be created for this growth.
He added that although issues such as adaptation to climate change, digitalization, electric transport and inequality are common challenges for all cities, different solutions are required for each region due to demographic and economic differences.