GDP of African Countries

GDP of African Countries

Four countries that is South Africa ,  Nigeria, Egypt and Algeria  with total population of over 347 million people  (32% of the African population) contribute over  57%  (US$ 1,220 billion) to the GDP of Africa. Note; *- means the data was collected between 2010 and 2012, everything else is from 2013. References;- http://www.africaneconomicoutlook.org/en/countries/ http://www.tradingeconomics.com/ http://www.economist.com/blogs/baobab/2013/01/statistics-africa […]

1 Billion People in Africa Provide Potential Demand

Africa has potential demand of over 1 billion people of which  60% is below the age 24 and  about 36%  is over 24 and below  65 years.  The population over 65 years is about 4%. Population analysis by age and per region in Africa 2012 East Africa Age (years) Population Percentage 0-14 154,492,890 44 15-24 […]

60-80% of African population live in rural areas

18 countries with total population of 409 million people have urbanisation rate of over 50% and 6 countries with total population of over 179 million people have urbanisation rate of less than 20%.   Related articles: Population Growth Rates in Africa Tax as a percentage of GDP in Africa 1 Billion People in Africa Provide […]

Population Growth Rates in Africa

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Reference;- https://www.cia.gov/library/publications/the-world-factbook/rankorder/2002rank.html?countryname=South%20Africa&countrycode=sf&regionCode=afr&rank=222#sf (Population Growth Rate) 341 total views, no views today

Why is Africa Growing Fast?

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Africa is growing as it is endowed with abundant   of   resources of economic value which can be exploited   to transform Africa from   being the world’s poorest inhabited continent to a key player in the global economy.  Africa‘s abundant resources include the following among others Over 1 billion youthful  population Abundant natural resources A  beautiful  mix […]