top 10 richest countries in Africa
top 10 richest countries in Africa
Africa is the world's second-largest and second most-populous continent after Asia in both categories. It covers 6% of Earth's total surface area and 20% of its land area. It has abundant natural resources but unfortunately remains the world's poorest and most underdeveloped continent.
The list of the Richest Countries in Africa is drafted on the basis of report given by the International Monetary Fund assessments on the basis of the report given by the United Nation Organisation and CIA “World Fact Book” on the world population by gender and female to male ratio are given below:
10. Ethiopia
GDP: $51 Billion
Foreign Exchange Reserve: $3.147 Billion
It is popularly known as the 'Horn of Africa'. It shares borders with Eritrea to the north and northeast, Djibouti and Somalia to the east, Sudan and South Sudan to the west and Kenya to the south. As per the IMF, It is one of the fastest-growing economies in the world.
9. Kenya
GDP: $53.40 Billion
Foreign Exchange Reserve: $9.698 Billion
It is located in the eastern part of Africa. It has the most powerful economy of East Africa and is also a middle-income country with a fast-growing middle class.
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