Resources like diamonds, sugar, gold, uranium, silver, oil, and petroleum famously make Africa and investments in Africa very lucrative. Oil being an invaluable commodity, its production puts countries like Nigeria and Egypt at the top in terms of Gross Domestic Product (GDP). Despite the social and political issues the continent faces, there’s no doubt that it’s on track to see an abundance of opportunities to grow in the coming years. This marks the third time IT News Africa has compiled a list ranking Africa’s top 10 largest economies by GDP – in 2018, 2020, and now in 2021. In those three years, there have been certain changes to the top economies in Africa but the first place and the second and third places remain with three notable countries.
SOURCE: IT NEWS AFRICA