28.5 C
Accra
Thursday, March 13, 2025
Independent AfricaTop 24 richest and poorest countries of Africa

Date:

Top 24 richest and poorest countries of Africa

It is never easy to list and rank a country’s wealth.

There are undoubtedly numerous obstacles to economic growth and maintaining a prosperous, healthy, and productive society, including social-economic status, commerce, economic shifts, natural disasters, long-standing colonialism, poverty and inequality, and political corruption.

Africa is home to 1.33 billion people who reside in 54 different countries and who generate $2.2 trillion in nominal GDP through trade, agriculture, and the extraction of diverse energy sources (oil being the dominant one in certain countries).

Africa has the fastest growth rate in the world in 2013, at 5.6% per year.

The continent of Africa is in for a bright future, but as we’ll explain in the following pages, it’s crucial to comprehend the present.

[forminator_poll id="710479"]

Latest stories

Over 1,000 Northern School of Business SHS students affected after windstorm attack

A fierce windstorm on Wednesday night has affected over...

3 Ghanaians to be deported from US in March, April – Ablakwa

Three Ghanaians in the United States are set to...

100 deportation cases involving Ghanaians either under appeal or dismissed – Ablakwa

Foreign Affairs Minister Samuel Okudzeto Ablakwa has disclosed that...

Over 17,000 MoMo businesses collapsed due to E-levy – MoMo Agents Association

General Secretary of the Mobile Money Agents Association of...

50 Ghanaians set to be deported from US mid-2025 – Foreign Minister

Ghana’s Foreign Minister, Samuel Okudzeto Ablakwa, has disclosed that...

150 Ghanaians in US detention centres awaiting deportation – Ablakwa

Update from Washington Mission indicates that there are currently...

Passport application fees reduced from GHS500 to GHS350 – Ablakwa

Foreign Affairs Minister Samuel Okudzeto Ablakwa has announced a...

Related stories

Gaza’s food crisis worsens as Israel shuts supply routes

The humanitarian crisis in Gaza is deepening as soaring...

Four independent candidates, including Nguema, to contest Gabon’s presidency

Gabon’s interim president, Brice Oligui Nguema, will compete against...

President Embalo declares candidacy for second term

President Umaro Sissoco Embalo of Guinea-Bissau has announced his...

US, Israel oppose UN-endorsed Arab intentions to rebuild Gaza

The Arab League has officially endorsed a plan, led...

Tunisia divided over trial of opposition leaders

A highly controversial trial involving 40 opposition figures including...

ECOWAS team departs Guinea-Bissau after President Umaro’s threats

A delegation from the West African regional bloc, ECOWAS,...

Displaced Sudanese return to Omdurman

Displaced Sudanese families are making their way back to...