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Countries in Africa are sorted according to data from the International Monetary Fund. [1] The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency . [ 2 ]
In November 2009, South Africa hosted the South Africa-Nigeria Bi-National Commission in Pretoria. At the conference, it was noted that Oando , an energy conglomerate based in Lagos had recently been listed on the Johannesburg Stock Exchange and the Nigeria-based Dangote Group had invested a record $378 million in South Africa's cement industry.
East Africa's central business hub and Kenya's capital, Nairobi. Cape Peninsula of Cape Town, Africa's southernmost city and the second largest one in South Africa, also its legislative capital. Kampala is the hub of Uganda. View of Algiers: Algeria's metropolis is one of the most important economic and traditional centres in North Africa.
It overtook South Africa to become Africa's largest economy in 2014. [ 1 ] [ 2 ] The 2013 debt-to-GDP ratio was 11 percent. [ 3 ] Nigeria is considered to be an emerging market by the World Bank ; [ 4 ] it has been identified as a regional power on the African continent, [ 5 ] [ 6 ] [ 7 ] a middle power in international affairs, [ 8 ] [ 9 ...
The table below presents the latest Human Development Index (HDI) for countries in Africa as included in the United Nations Development Programme's Human Development Report, released on 13 March 2024 and based on data collected in 2024. [1] As of 2024, all African UN member states are included in the report.
At the bottom of the list, South Africa had a growth rate of 0.1% while Equatorial Guinea’s economy had receded with a rate of -1.8%. World Bank estimates for 2022 presented a different picture, with Niger leading economic growth at 11.5%, South Sudan receding at a rate of -10.8% and the continent as a whole seeing an average of 4.2% growth. [3]
Africa is the fastest growing continent, currently increasing by 2.35% per year as of 2021. [1] Africa is also the youngest continent, as 60% of Africa is 24 years of age or younger. [2] This list also includes the partially recognized country Sahrawi Arab Democratic Republic, commonly known as Western Sahara, which is a member of the African ...
Africa's population is the youngest among all the continents; [10] [11] the median age in 2012 was 19.7, when the worldwide median age was 30.4. [12] Based on 2024 projections, Africa's population will reach 3.8 billion people by 2099. [13] Africa is the least wealthy inhabited continent per capita and second-least wealthy by total wealth ...