Africa’s 2017 Top 10 Richest Countries (McKinsey Global Institute)

Date 2017-12-27

Category ARTICLES

Africa’s 2017 Top 10 Richest Countries (McKinsey Global Institute) |

Back in 2010, McKinsey Global Institute (MGI) described African growth potential as the “Lions on the move.” It has since given the green light as you will be able to see on the list of our top ten richest countries in Africa.  Due to the continents oil-rich soil, human capital, sports, and athleticism among many others, this is a growing continent.

African is the second largest continent on planet earth with 54 sovereign states. Although regarded as the poorest among them, African has seen progressive growth with consistent and zeal to move ahead. McKinsey Global Institute intends to list the richest African countries according to their GDP (Gross Domestic Product). Many would refer it as the total market value of the goods and services produced by the economy of the subject nation.

Richest Countries in Africa

Sit tight because we are confident that some of the details may surprise you. Among the top ten African richest countries, you will realize that; actually, some of them have a higher GDP than big nations like China, India or even Brazil.

10.Tunisia – GDP: $49.1 billion

Water fall splashing

One of the continents pride due to their steady production of oil, vehicle spare parts, and a huge tourist attraction. All of this portrays a great diverse market the country has with the inclusion of small industries and local factories in their key cities.

Its capital city, Tunis is well known for its comfort zones. This is a city where you would barely make ten strides without finding a pleasant shade to rest comfortably. Their lifestyle and cultural traditions are the main key aspect to tourist attraction.

Many of the western tourists love touring countries bordering the Mediterranean Sea which can be costly. Tunisia is an exception because their costs are real reasonable and favorable compared to the rest.

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