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
Natural resources & energy What percentage of Africa’s population has access to piped water? Source UNICEF: Progress on household drinking water, sanitation and hygiene 2000–2022: special focus on gender Short answer What percentage of Africa’s population has access to piped water? Unicef defines five levels of service in relation to access to drinking water, ranging from ‘surface water’ – drinking water directly from a river, dam, lake, pond, stream, canal or irrigation canal – to ‘safely managed,’ which is drinking water from an improved source that is accessible... Back Full answer
Natural resources & energy Where does Africa stand in terms of meeting global water and sanitation targets, such as the sustainable development goals (SDG)? Source UN Water: SDG 6 snapshot in Sub-Saharan Africa 2022 Short answer Where does Africa stand in terms of meeting global water and sanitation targets, such as the sustainable development goals (SDG)? SDG 6 aims to ensure safe drinking water and sanitation for all. In sub-Saharan Africa, as of 2022, 31% of the population used a safely managed drinking water service, 24% of the population used a safely managed sanitation service, and 23% of the population had a handwashing facility with soap and w... Back Full answer