Africa Facts Zone announces the 8 biggest economies in Africa

Africa Facts Zone announces the 8 biggest economies in Africa

- In a 2019 rating of economies in Africa, Nigerian leads with an economy valued at $444.916 billion

- Countries like Algeria, Angola, and Morocco also made the list at number four, seven, and five on the ranking

- South Africa and Egypt were rated as second and third with $371.298bn and $299.589bn economic values

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Nigeria topped the list of eight countries with the biggest economies in 2019 in Africa as published by Africa Facts Zone.

In a tweet by the Twitter handle on Friday, June 5, Nigeria leads with a total amount of $444.916bn, while South Africa and Egypt ranked second and third with $371.298bn and $299.589bn respectively.

Kenya, Angola, and Ethiopia are at the lower rung of the last three as they command economy values of $99.246bn, $92.191bn, and 90.968bn respectively.

See the full list below:

1. Nigeria ($444.916 billion)

2. South Africa ($371.298 billion)

3. Egypt ($299.589 billion

4. Algeria ($183.687 billion

5. Morocco ($121.350 billion)

6. Kenya ($99.246 billion)

7. Angola ($92.191 billion)

8. Ethiopia ($90.968 billion)

A picture showing a busy market in Lagos state. Photo source: Aljazeera

A picture showing a busy market in Lagos state. Photo source: Aljazeera
Source: UGC

Meanwhile, Aliko Dangote led the richest people in Africa with a $9.5 billion wealth followed by Nicky Oppenheimer from South Africa who commands great riches in the tune of $7.5 billion.

Another Nigerian who made it into the top 8 is Mike Adenuga with a total wealth of $5.8bn (N2,244,600,000,000). Rabiu made the third citizen from the country with $3.2 bn (N1,238,400,000,000).

In other news, the United States Mission to the African Union recognized the effort of a Nigerian man, Oluwayomi Zeblon, for helping his peers during coronavirus pandemic.

A student at Lagos State University, the young man was able to organize a teaching session for his mates online in order to empower them to bring about change in their communities.

He was described as an inspiring leader who is passionate about making others achieve development by helping them overcome their weaknesses.

“The youth are enthusiastic about development. They just don’t all know how to go about it, how to get started.

“I noticed a lot of youth called to action during the pandemic were lacking the skills needed to implement their projects,” he said.

Oluwayomi believes that he could equip his peers with the required tools or motivation to make changes happen in their societies.

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Source: Yen News

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