Sub-Sahara Africa (SSA) Region Report
Sub-Saharan Africa (SSA), with more than 1 billion people, accounts for almost 15% of the world’s population, but only circa 2% of global GDP; it sits on 3%-4% of total proved global oil and gas reserves, primarily concentrated in Nigeria and Angola. It has one of the youngest populations of any region, with approximately 60% of people under the age of 25. SSA also suffers from widespread poverty with an estimated more than 40% of the total population living in extreme poverty (based on the UN definition of living on less than US$1.90 per day).
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