Intel Receives $2.2 Billion in Federal Grants for US Semiconductor Manufacturing
Intel gets $2.2 billion in federal grants from the US CHIPS and Science Act to boost domestic semiconductor manufacturing, with $5.66 billion more to come.
Starfolk
Africa is poised to become the hub of global megacities, with 13 of the world's largest urban centers projected to be on the continent by 2100, according to new research from the Global Cities Institute. This significant shift in the global urban landscape will see Lagos, Nigeria, emerge as the world's most populous city, with a staggering population of 88 million.
Currently, cities like New York, Beijing, and London are among the world's most populous, but by the end of this century, the demographics will have changed dramatically. The definition of a "big city" has already shifted, with over 100 Chinese cities now boasting populations of over a million. The Global Cities Institute's projections indicate that Africa will be at the forefront of this urbanization trend.
Lagos, which is already growing at an explosive rate, will be joined by other African cities, including Kinshasa, Democratic Republic of Congo, which is expected to house 83 million people by 2100. Dar es Salaam, Tanzania, will also feature prominently, with a projected population of 73.7 million. Other African cities, such as Khartoum, Sudan, Niamey, Niger, and Nairobi, Kenya, will also make the list of top 10 megacities on the continent.
This rapid urbanization is driven by a combination of factors, including population growth, urban migration, and economic development. As Africa's cities continue to grow, they will redefine the very essence of the megacity, marking a historic shift in the global urban landscape.
The implications of this trend are far-reaching, with significant consequences for urban planning, infrastructure development, and economic growth. As African cities become increasingly important hubs of global activity, they will require innovative solutions to address the challenges of rapid urbanization, including housing, transportation, and resource management.
The Global Cities Institute's projections provide a glimpse into a future where Africa will play a dominant role in shaping the world's urban landscape. As the continent's cities continue to grow and evolve, they will become increasingly important centers of innovation, entrepreneurship, and economic growth.
With Lagos, Kinshasa, and Dar es Salaam leading the charge, Africa's megacities will be at the forefront of this urbanization trend, driving growth, innovation, and development on a global scale.
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