When we think of Africa, we often think of different tribes living in cottages, but there are many developed countries. When talking about certain countries and their development, it is of enormous importance to discuss their economy in order to get to know the overall picture. In African case, this is even more important, because it will also help us to break the wrong picture of this amazing continent. The general issue regarding Africa was more discussed in our list of Most Civilized African Countries, and if you want to learn something more about it, we recommend you to check it as well. But now, let’s go back to the economy. Here is the list of 10 most economically developed countries in Africa.
We have picked one country from their list. Tanzania is the first now. Nominal GDP is $45.899 billion. This country has been through a lot in the past decade, paving its way to better development and poverty reduction, in order to establish the economy. It looks like everything that was done was pretty much effective since it has achieved growth and modernized in every sense. Although this is a very small country, the financial sector is now one of the best in Africa. It has been noted that the annual GDP growth has reached 7% thanks to transport, agriculture, manufacturing, construction, and communication. You can also check our list of 8 best Android phones with expandable memory in 2017.
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