Home > Blossary: The 10 Worst African Economies

Category: Business

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Created by: Marouane937

Number of Blossarys: 58

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Angola the ex-Portuguese colony, which is part of the Organization of Petroleum Exporting Countries (OPEC) since 2006, derives most of its income from oil. This sector contributes to effect 85% of ...

Domain: Economy; Category: Economics

The country was on track until the economic crisis divided the growth in Benin by half. The country's GDP fell dramatically from 2010 due to the world financial crisis. However, the country can rely ...

Domain: Economy; Category: Economics

The islands of the Indian Ocean are the second poorest country in the world in terms of GDP, after Sao Tome and Principe. Growth is expected to stagnate in 2011. The inhabitants live by fishing and ...

Domain: Economy; Category: Economics

The two "firsts" in this ranking have in common a negative GDP growth these last years. Such as Angola, the country has suffered from the decline in oil prices. It is also the fifth most corrupt ...

Domain: Economy; Category: Economics

The second newest state in Africa, which became independent in 1991, It's economy has suffered from the long-term conflict, that opposed to Ethiopia between 1998 and 2000. It is based primarily on ...

Domain: Economy; Category: Economics

The Guinean economy has suffered from mismanagement of the military junta in 2009, which led to inflation, corruption and named them the most failed in the world at the head of states. But Guinea ...

Domain: Economy; Category: Economics

The post-election crisis in the former powerhouse of West Africa is a major blow to the economy. Already affected by a financial downturn since the end of the civil war in 2003, the growth of the ...

Domain: Economy; Category: Economics

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