Africa-Press – Zambia. 15 African Countries with the Potential to Develop Soon and Become a First World Nation
According to the International Monetary
Fund (IMF), the sub-Saharan economy is
on the path to recovery after four
turbulent years.
The region is anticipated to undergo a growth of 3.2% in 2024, up from 3.4% in 2023. The growth rate for around two-thirds of African countries is expected to be even higher. These trends of economic recovery are expected to
continue till 2025, with the growth rate
reaching 4.0%.
In addition, the median inflation rates in the region have also dropped to nearly half, going from 10% to 6% between November 2022 and
February 2024.
1. Mauritius.
2. Seychelles.
3. Algeria.
4. Botswana.
5. South Africa
6. Cabo Verde
7. Morocco
8. Gabon
9. Eswatini
10. Namibia
11. Kenya
12. Ghana
13. The Republic of Congo
14. Sao Tome and Principe
15. Equatorial Guinea
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