Blog
Zambia
Zambia
Zambia is large, landlocked, sparsely populated resource-rich country in the centre of Southern Africa. The country has a population of 17.8 million people and a GDP in 2020 of US$18.5bn....
Ethiopia
Ethiopia
Ethiopia has the second largest population on the continent after Nigeria, of 155 million people. Its economy grew by 6.1% in 2020, down from 8.4% in 2019, largely because of...
South Africa
South Africa Snapshot
South Africa, with a population of 60.14 million and a GDP of US$302bn in 2020, is the third largest African economy behind Nigeria and Egypt. Although mainly mining based, with...
Nigeria
Nigeria Snapshot
Nigeria is the most populated country in Africa with a population of over 200 million and the largest GDP on the continent of US$448bn. In 2019, the IMF forecast growth...
Botswana
Botswana Snapshot
Botswana has a long-held reputation as a stand-out example of political and economic stability on the continent. It has a small population of 2.4m with a GDP of US$18bn giving...
Morocco
Morocco Snapshot
Morocco’s new coalition government has focused on pro-poor reforms, job creation and implementing the country’s industrialisation strategy, which aims to increase the industrial sector’s share to 23% of GDP by 2020 from 18.5% in 2016. Evidence of its aspirations and success in this regard can be found in the automotive sector, where, in 2017, it overtook South Africa as the continent’s largest producer of passenger cars.
Madagascar
Madagascar Snapshot
Madagascar is endowed with a wealth of natural resources. These include semi-precious stones, graphite, chromite, coal, bauxite, rare earth elements, salt, quartz, tar sand and mica. The country supplies around 80% of the world’s vanilla. Other main agricultural products include coffee, sugarcane, palm oil, cloves, cocoa, rice, cassava, beans, bananas and peanuts. The island nation also derives revenue from fishing, forestry and hydropower. Renowned for its biodiversity and its unique flora and fauna, Madagascar is often described the ‘Galapagos of the African continent’.
Ethiopia
Ethiopia Snapshot
The winds of change are sweeping through Ethiopia since Abiy Ahmed became prime minister in April. Ethiopia is sub-Saharan Africa’s fastest growing economy, with average growth of around 10% a year for over a decade. GDP was US$8.2bn in 2000, $80bn by 2017, and will reach US$129bn by 2023, according to the IMF. The IMF’s World Economic Outlook expects 8.5% GDP growth in 2019 – while the World Bank expects 8% – outstripping advanced economies and global growth, which is expected at 3.9%.
