https://www.relocationafrica.com/wp-content/uploads/2016/05/African-economies-620x350.jpg 350 620 Andrew Stegmann https://www.relocationafrica.com/wp-content/uploads/2020/09/relocationafricagroup.jpg Andrew Stegmann2016-05-18 10:15:162016-05-18 10:15:168 Fastest Growing Economies In Africa In 2016
8 Fastest Growing Economies In Africa In 2016
African economies have experienced high growth in recent years as the continent attracted investors due to its vast natural resources and growing middle class. Infrastructural and technological developments have also opened up the continent to the rest of the world.
Despite a recent slowdown in some economies, including Nigeria and South Africa, due to a commodities price slump globally, African countries are still among the fastest growing economies in the world in 2016.
Below are eight African economies that are expected to maintain high growth rates this year.