edgepedia

Economies of Africa

63 articles

Angola post-war reconstruction

Angola post-war reconstruction is the rebuilding program the Angolan government launched after the civil war ended in 2002, funded by oil revenues and Chinese credit.

Economy of Africa

The economy of Africa, also called the African economy, is a services-led, commodity-exporting system of roughly $2.2 trillion in nominal output, growing 4.2 percent in 2025.

Economy of Algeria

The economy of Algeria, also known as the Algerian economy, is a state-led, hydrocarbon-dependent economy in North Africa, with oil and gas providing 83 percent of exports.

Economy of Angola

The economy of Angola is a petroleum-export economy in southern Africa, where oil supplies about 94 percent of exports and output has fallen for a decade.

Economy of Benin

The economy of Benin is a small, largely informal West African economy of about 14.5 million people, anchored on cotton and the Port of Cotonou.

Economy of Botswana

The economy of Botswana is an upper-middle-income, diamond-dependent economy in Southern Africa that grew from one of the world's lowest income levels at independence in 1966.

Economy of Burkina Faso

The economy of Burkina Faso is a gold-dependent Sahelian economy in West Africa using the CFA franc, where gold supplies over 90 percent of export value.

Economy of Burundi

The economy of Burundi is one of the world's poorest, an agriculture-based economy of 14.5 million people where most households farm for subsistence and coffee dominates exports.

Economy of Cameroon

The economy of Cameroon is a lower-middle-income economy of about 25 million people and the largest in the CEMAC region, exporting cocoa, oil, coffee, cotton, and timber.

Economy of Cape Verde

The economy of Cape Verde is a small, services-led economy of about 500,000 people off West Africa, driven by tourism and remittances, with the escudo pegged to the euro since 1998.

Economy of Chad

The economy of Chad rests on oil, which has supplied most exports since 2003, and on agriculture and livestock, which employ roughly three quarters of the population.

Economy of Comoros

The economy of Comoros is a small, low-income island economy of about 866,000 people, built on cloves, vanilla, and ylang-ylang exports, remittances, and a franc pegged to the euro.

Economy of Djibouti

The economy of Djibouti is a small, service-dominated rent economy built on its port at the southern entrance to the Red Sea, which serves as the principal maritime gateway for landlocked Ethiopia.

Economy of East Africa

The economy of East Africa is the combined economic system of the region's countries, centered on the eight-member East African Community, whose output exceeds US$340 billion.

Economy of Egypt

The Egyptian economy is a large, state-dominated, lower-middle-income economy earning foreign currency mainly from remittances, tourism, and the Suez Canal; after a severe 2022–2024 crisis, growth reached 4.4 percent in 2024/25.

Economy of Equatorial Guinea

The economy of Equatorial Guinea is an oil-dependent economy that offshore discoveries made Africa's richest per capita, but crude output has declined since peaking in 2004.

Economy of Eritrea

The economy of Eritrea is a small, state-controlled economy of about 3.5 million people where mining supplies over 95 percent of export earnings and the government publishes no budget.

Economy of Eswatini

The economy of Eswatini is a small, lower-middle-income economy in Southern Africa built around sugar and beverage exports, government employment, and Southern African Customs Union transfers.

Economy of Ethiopia

The economy of Ethiopia is a large, state-influenced East African economy that grew rapidly for two decades, defaulted on its Eurobond in December 2023, and began market reforms in 2024.

Economy of Gabon

The economy of Gabon, also known as the Gabonese economy, is an oil-dependent upper-middle-income economy of about 2.5 million people on the Atlantic coast of Central Africa.

Economy of Ghana

The economy of Ghana is a lower-middle-income, commodity-exporting economy in West Africa, the third largest in the region, built on gold, cocoa, and oil and recovering from its 2022 sovereign default.

Economy of Guinea

The economy of Guinea is a resource-dependent West African economy in which mining, above all bauxite and iron ore, generates roughly nine-tenths of export earnings.

Economy of Guinea-Bissau

The economy of Guinea-Bissau is a small, low-income West African economy built around raw cashew exports, which provide income to about 80 percent of its people.

Economy of Ivory Coast

The economy of Ivory Coast is a services-led, commodity-exporting West African economy of about US$86.7 billion in 2024, the world's largest producer of cocoa and cashews, averaging 6.5% growth in 2021–2024.

Economy of Kenya

The economy of Kenya, also known as the Kenyan economy, is a services-led, heavily informalized market economy in East Africa that grew 4.6 percent in 2025.

Economy of Lesotho

The economy of Lesotho is a lower-middle-income enclave economy deeply tied to South Africa, which supplies most imports and takes much of its exports of water, textiles, and diamonds.

Economy of Liberia

The economy of Liberia is a small, heavily dollarized, low-income West African economy based on gold, iron ore, and rubber exports, agriculture, foreign aid, and a large ship registry.

Economy of Libya

The economy of Libya is a hydrocarbon-dependent, state-dominated economy divided between rival Tripoli and eastern administrations since 2014, with oil and gas supplying nearly all government revenue and exports.

Economy of Madagascar

The economy of Madagascar is a low-income, agriculture- and mining-based economy, the world's leading producer of natural vanilla, with GDP estimated at about $19.56 billion in 2025.

Economy of Malawi

The economy of Malawi, also called the Malawian economy, is a small, landlocked, agriculture-dependent economy in southern Africa where tobacco dominates exports and farming employs over 80 percent of the population.