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

Date 2017-12-27

Category ARTICLES

1. Nigeria: GDP – $594.3 billion

Demonstrations Nigeria

One of their common and famously known things is their movies. Even the four years old child knows Ramsey Noah :). The industry may not be all wealthy locally, but it has played a vital role in advertising the countries traditions abroad hence attraction millions of tourist’s year in, year out.

Nigeria is a country that somehow managed to do a lot when the rest of the African countries were not. Their infrastructure, availability of abundant natural resources, functional and corrupt free independent well-developed legal firms.

Their financial and transport sectors play a fundamental role in moving this nation ahead.

Among other African countries, Nigeria acts as the biggest trading partner with the United States of America. Firms like Citigroup reveals that by 2010-2050, Nigeria will top the region and get in the top most grown countries in terms of GDP globally.

Conclusion

We believe that the figures and maybe the positions of the top ten richest countries in Africa are prone to changing in future. Nations are improving and developing hence increasing their GDP. The competitiveness will obviously alter this list, and so we will be on the look out to edit any new changes.

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