Economy Which three countries in Africa have the least debt? Source Regional Economic Outlook IMF Sub-Saharan Africa: A New Shock and Little Room to Maneuver Short answer Which three countries in Africa have the least debt? According to the International Monetary Fund, The Democratic Republic of Congo (11% of its GDP), Botswana (21% of its GDP), and Equatorial Guinea (26%) have the least debt. ... Back Full answer
Economy Which West African country receives the most foreign direct investment? Source UNCTAD: World Investment Report 2023 Short answer Which West African country receives the most foreign direct investment? Senegal was West Africa's largest recipient of foreign direct investment (FDI) in 2022 with $2.6 billion. Nigeria, previously West Africa's largest recipient, saw FDI flows turn negative to -$187 million in 2022 as a result of equity divestments. ... Back Full answer
#YouAsked Economy What countries have the largest economies in Africa? Source IMF: World Economic Outlook (2023) Short answer What countries have the largest economies in Africa? Nigeria and Egypt lead the way as Africa's biggest economies, each with a GDP of $477 billion, followed by South Africa with a GDP of $406 billion in 2022. ... Back Full answer
Economy Which are the three countries in Africa that are the most indebted? Source International Monetary Fund - Regional Economic Outlook: Sub-Saharan Africa: The Big Funding Squeeze Short answer Which are the three countries in Africa that are the most indebted? Eritrea (146% of its GDP), Cabo Verde (120% of its GDP), Mozambique and Zimbabwe (both 102% of their GDP) have the highest debt, according to the International Monetary Fund. ... Back Full answer
#YouAsked Economy Which is Africa’s fastest-growing economy? Source African Economic Outlook 2023 Short answer Which is Africa’s fastest-growing economy? Benin, Côte d’Ivoire, Ethiopia, Rwanda, and Tanzania are among the world’s 10 fastest-growing economies in 2023-24. ... Back Full answer
Economy What is Africa’s unemployment rate? Source ILO: Mutually reinforcing crises have worsened the global employment divide Short answer What is Africa’s unemployment rate? The unemployment rate in 2023 is projected to be 11.2% in North Africa and 6.3% inSub-Saharan Africa. ... Back Full answer
Economy What is Africa’s total global debt? Source World Bank: International Debt Statistics 2022 Short answer What is Africa’s total global debt? In 2022, public debt in Africa reached USD 1.8 trillion. ... Back Full answer
Housing Is there any data available on housing affordability in Africa? Source The Centre for Affordable Housing Finance in Africa (CAHF): Housing Finance in Africa Yearbook 2022 Short answer Is there any data available on housing affordability in Africa? Housing affordability is based on three things: household income, the price of the house, and the terms of the finance. Across Africa, a combination of low urban household incomes, high mortgage interest rates and a lack of access to finance, results in very low housing affordability. In 2022, th... Back Full answer
Housing Which countries have the largest housing shortages in Africa? Source The Centre for Affordable Housing Finance in Africa (CAHF): Housing Finance in Africa Yearbook 2022 Short answer Which countries have the largest housing shortages in Africa? African cities become new homes to over 40,000 people a day. According to the latest statistics from the CAHF, Africa faces a shortfall of at least 51 million housing units. Nigeria has a housing deficit of 28 million units, the Democratic Republic of Congo has a deficit estimated at 3.9 million (or... Back Full answer