G20 Compact with Africaa Investments, the Expected Returns on Investments, and the Potential for Unemployment and Poverty Alleviation in Africa

Abstract

The G20 Africa Partnership is a central project of Germany’s G20 presidency. Utilizing the Cobb-Douglas production functions for Africa’s largest economy, Nigeria, as well as that for the entire continent of Africa; and Labour Force, Population, Poverty Rate, and Unemployment Rate data for Nigeria and for the entire continent, from the World Bank; the investment from the G20 Africa Partnership, is shown to significantly reduce Poverty and Unemployment, in Nigeria as well as on the entire continent of Africa. These feats are accomplished at acceptable returns on investments to the G20 Africa Partnership investors.