Africa

Africa's fastest growing economies

Published 8:19 AM ET, Thu April 19, 2018
Share
africa's fastest growing cities (Addis Ababa)africa's fastest growing cities (Addis Ababa)
1 of 8
A view of the capital of Ethiopia, Addis Ababa. The country has experienced fast economic growth in the last decade, averaging around 10% a year. Economists cite the country's manufacturing industry as a key element in the country's success. Shutterstock
According to the IMF, Ivory Coast's economy is expected to grow by 7.4%. According to the World Bank, the country is world's top exporter of cocoa and raw cashew nuts. ISSOUF SANOGO/AFP/AFP/Getty Images
The small and landlocked country Rwanda is predicted to grow by 7.2%. The aim of their "Vision 2020" plan is to transform the country into a service and knowledge-based economy. PHIL MOORE/AFP/Getty Images/File
Senegal's economy is based on fishing, mining and agriculture. Its economy is expected to expand by 7% in 2018. SEYLLOU DIALLO/AFP/AFP/Getty Images
The East African nation is predicted to grow by 6.4% this year. The country has sustained strong economic growth in the last decade, averaging between 6 to 7% according to the World Bank. Shutterstock
Ghana was previously the fastest growing economy in Sub-Saharan Africa, but has slowed. Although, a sharp increase in oil production has helped support economic growth in the country. JOE KLAMAR/AFP/Getty Images
The West African country, Benin, is expected to have economic growth of around 6%. STEFAN HEUNIS/AFP/AFP/Getty Images
The landlocked West African country is also expected to experience economic growth of 6% this year. LUDOVIC MARIN/AFP/AFP/Getty Images