Me

Me

Tuesday, April 8, 2014

Nigeria becomes Africa's largest economy

http://www.aljazeera.com/news/africa/2014/04/nigeria-becomes-africa-largest-economy-20144618190520102.html

Nigeria has overtaken South Africa as Africa's largest economy after doubling its gross domestic product to more than $500bn, data from the statistics office showed. Nigeria as  Africa's most populous country with 170 million people, has been growing as an investment destination owing to the size of its consumer market and growing capital markets for years .Despite its rapid  growth of recent years and now a bigger GDP, Nigeria still following  South Africa in basic infrastructure - power and roads - which are needed to take people out of  people out of poverty.

No comments:

Post a Comment