Category: Africa

For the complete list of nations in Africa, please visit ehistorylib.com.

Uganda Economy Facts

Uganda Economy Facts

Economical overview Uganda has good economic conditions: a favorable climate, fertile soils, rich natural resources and a relatively well-educated population. Over the past 25 years, the country has shown high growth, but it has...

Morocco Economy Facts

Morocco Economy Facts

Economical overview Morocco is a poor country and, unlike other states in the region, has no oil or gas resources. The economy is heavily dependent on agriculture, but tourism has also become an important...

Mozambique Economy Facts

Mozambique Economy Facts

Economical overview Compared to neighboring countries, Mozambique has a varied economy, where agriculture and industry as well as trade and tourism play an important role. Agriculture is estimated to account for a quarter of...

Namibia Economy Facts

Namibia Economy Facts

Economical overview The cornerstones of the economy are the rich supply of diamonds, other minerals and fish, as well as large-scale livestock management. It provides good export earnings and relatively high wealth; Namibia is...

Zambia Economy Facts

Zambia Economy Facts

Economical overview Zambia’s economy has grown substantially since the beginning of the 21st century. A major reason for this has been high copper prices, which is the country’s most important export product. Gross domestic...

Zimbabwe Economy Facts

Zimbabwe Economy Facts

Economical overview The mining sector and agriculture form the basis of Zimbabwe’s economy. After a decade of decline as the economy shrank by more than 40 percent and the state approached a collapse, a...

Niger Economy Facts

Niger Economy Facts

Economical overview Niger’s economy is based on exports of a few commodities as well as agriculture. The potential for economic development is hampered by political conflicts, the country’s isolated location, high transport costs, infertile...

Nigeria Economy Facts

Nigeria Economy Facts

Economical overview Nigeria has Africa’s largest population and is expected to have the continent’s second largest economy, after South Africa. The oil sector is a central component that generates large government revenue. But it...

Republic of the Congo Economy Facts

Republic of the Congo Economy Facts

Economical overview Congo-Brazzaville is considered one of the more developed countries in Africa and the income per person is relatively high for African conditions thanks to the country’s oil resources. The weaknesses are the...

Rwanda Economy Facts

Rwanda Economy Facts

Economical overview Rwanda’s economy has traditionally been based on agriculture, mainly the export of tea and coffee. Nowadays, the service sector has passed agriculture in terms of the share of GDP. Growth is greatest...

Sao Tome and Principe Economy Facts

Sao Tome and Principe Economy Facts

Economical overview The economy of São Tomé and Príncipe is almost entirely based on cocoa cultivation for export as well as foreign aid. However, oil discoveries made offshore may turn the small country into...

Senegal Economy Facts

Senegal Economy Facts

Economical overview Senegal is a poor country whose population is mainly dependent on agriculture and fishing. At the same time, it has been more developed since the colonial era and has a more robust...

Seychelles Economy Facts

Seychelles Economy Facts

Economical overview Seychelles is a rich country compared to many other African countries. As the only sub-Saharan country, Seychelles is placed in the “very high human development” category by the UN agency UNDP. The...

Sierra Leone Economy Facts

Sierra Leone Economy Facts

Economical overview Sierra Leone could be a fairly prosperous country, mainly thanks to large mineral resources, but from the beginning of the 1980s the economy was steadily deteriorated by corruption and neglect. The civil...

Somalia Economy Facts

Somalia Economy Facts

Economical overview The chaos that has been going on in Somalia since the late 1980s makes it difficult to get an overview of the economic conditions in the country. Statistical data on gross domestic...

South Africa Economy Facts

South Africa Economy Facts

Economical overview Comprehensive mineral resources form the basis of South Africa’s economy. Platinum, gold, coal and diamonds have long supported exports. The income from the mining industry has enabled a large and growing industrial...

South Sudan Economy Facts

South Sudan Economy Facts

Economical overview South Sudan’s economy is entirely based on oil and aid, but for the individual resident, livestock management and cultivation for their own use is usually a prerequisite for survival. The oil can...

Sudan Economy Facts

Sudan Economy Facts

Economical overview The split of Sudan in July 2011 meant a huge blow to the new, smaller Sudanese economy, as three out of four oil sources ended up in the new state of South...

Swaziland Economy Facts

Swaziland Economy Facts

Economical overview Swaziland has a high gross domestic product (GDP) per inhabitant, measured by African dimensions. However, the income is unevenly distributed among the inhabitants. Four-fifths of the population performs small-scale agriculture and livestock...

Comoros Economy Facts

Comoros Economy Facts

Economical overview Lack of important natural resources, a poorly developed transport system, overpopulation and high unemployment have made the Comoros dependent on outside assistance. The situation has not been facilitated by the political turmoil,...

Democratic Republic of the Congo Economy Facts

Democratic Republic of the Congo Economy Facts

Economical overview With its vast natural riches of especially minerals, Congo-Kinshasa could be one of the most prosperous countries in the world. In addition, there are huge assets on water and forest. But the...

Tanzania Economy Facts

Tanzania Economy Facts

Economical overview Tanzania is dependent on extensive external assistance and loans to manage its finances. Income from mining, tourism and financial services increased during the 2010s, but high population growth means that money is...

Togo Economy Facts

Togo Economy Facts

Economical overview Togo’s economy is dominated by agriculture. The dependence is large on a few export goods, especially cotton, coffee and cocoa. The extraction of phosphate, and industries linked to it, is also economically...

Tunisia Economy Facts

Tunisia Economy Facts

Economical overview Although Tunisia has good conditions for tourism, an important export industry and large agricultural exports of olive oil, among other things, the economy has not picked up momentum since the 2011 revolution....

Djibouti Economy Facts

Djibouti Economy Facts

Economical overview Djibouti’s economy is almost entirely based on the service sector, especially revenues from the port, the railway to Ethiopia’s capital Addis Ababa and from the foreign military. The economy has grown rapidly...

Egypt Economy Facts

Egypt Economy Facts

Economical overview Egypt is the most populous country of the Middle East but at the same time one of the poorest. Main sources of income are oil and gas exports, tourism and revenue from...

Equatorial Guinea Economy Facts

Equatorial Guinea Economy Facts

Economical overview Equatorial Guinea’s economy is almost entirely based on oil and to some extent natural gas. The economic significance of other activities, such as the service sector and agriculture and forestry, is negligible....

Eritrea Economy Facts

Eritrea Economy Facts

Economical overview Eritrea is one of the world’s poorest countries. Half a century of war or warlike conditions have left deep traces. In connection with the fighting, roads and other infrastructure were destroyed, farmland...

Ethiopia Economy Facts

Ethiopia Economy Facts

Economical overview Agriculture is Ethiopia’s economic base and accounts for almost a third of GDP. Apart from the processing of agricultural products, other industries are of no greater importance. Despite strong economic growth since...

Gabon Economy Facts

Gabon Economy Facts

Economical overview Gabon is rich in oil, timber and minerals. The country has one of the highest incomes per inhabitant of sub-Saharan Africa. However, prosperity is mainly a small group of Gabonese people. Most...