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African Economies
The economy is a mixture of village agriculture and handicrafts, an industrial sector based largely on petroleum, support services, and…
The fossil fuels energy sector is the backbone of Algeria's economy, accounting for roughly 60% of budget revenues, 30% of…
Angola's economy has undergone a period of transformation in recent years, moving from the disarray caused by a quarter century…
The economy of Benin remains underdeveloped and dependent on subsistence agriculture, cotton production, and regional trade. Cotton accounts for 40%…
Since independence, Botswana has had one of the fastest growth rates in per capita income in the world. Botswana has…
Burkina Faso has one of the lowest GDP per capita incomes in the world: $1,200, Agriculture represents 32% of its…
Burundi is one of the poorest countries on the planet, owing in part to its landlocked geography, poor legal system,…
Cameroon's per-capita GDP (PPP) was estimated as US $2,300 in 2008, one of the ten highest in sub-Saharan Africa Major…
The economy is based primarily on tourism, which makes up 32% of the GDP. The Canaries receive about 10 million…
Cape Verde has few natural resources and suffers from scant rainfall and limited fresh water. Only 4 of the 10…
The economy of the CAR is dominated by the cultivation and sale of food crops such as cassava, peanuts, maize,…
The official currency of Ceuta is the euro. It is part of a special low tax zone in Spain. Ceuta…
The United Nations' Human Development Index ranks Chad as the fifth poorest country in the world, with 80% of the…
Economic growth and poverty reduction are major priorities for the government. With a rate of 14.3%, unemployment is considered very…
Maintaining close ties to France since independence in 1960, diversification of agriculture for export, and encouragement of foreign investment, has…
The economy of the Democratic Republic of the Congo, a nation endowed with resources of vast potential wealth, has declined…
The economy of Djibouti is based on service activities connected with the country's strategic location and status as a free…
Egypt's economy depends mainly on agriculture, media, petroleum exports, and tourism; there are also more than three million Egyptians working…
Pre-independence Equatorial Guinea counted on cocoa production for hard currency earnings. It had the highest per capita income of Africa…
Like the economies of many other African nations, the economy is largely based on subsistence agriculture, with 80% of the…
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