No African nation has yet joined the ranks of the developed nations in the Organisation for Economic Co-operation and Development (OECD), but there are some sizeable economies on the continent, and economies that are gradually increasing in size. Though South Africa is by far the continent’s wealthiest state in terms of GDP, accounting for 30 per cent of the continent’s GDP, economies such as Egypt and Nigeria are on the rise and could overtake South Africa in coming years. And with seven of the fastest ten growing economies in the world in Africa, there is plenty of scope to suggest that the list below may be an oft-changing one in years to come as Africa’s economic development continues apace.
Read more at Ventures Africa