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KNOWLEDGE EMPOWERS AFRICA
The document argues that increasing Africa's education spending from 4% to 4.8% of GDP could lead to universal primary education by 2030 and universal basic education by 2035. Using the International Futures (IFs) model, the authors project that this investment would add US$ 2.5 trillion to Africa's GDP by 2050, while significantly reducing child malnutrition, extreme poverty, and the probability of state failure. However, the report notes that these gains require a long-term horizon and a reallocation of government funds away from other sectors like health and the military.
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Document type: Policy brief