Monday, January 10, 2011

African Entrepeneurs

Smartplanet has an article about Africa's growing economic clout:

The Economist, in fact, just published information, culled from the International Monetary Fund, that shows that six out of 10 of the world’s fastest-growing economies in 2001-2010 were in Africa, and seven out of 10 will be in Africa in the in 2011-2015 timeframe.

As categorized by The Economist,The fastest growing economies over the next four years will be

  1. China (9.5%)
  2. India (8.2%)
  3. Ethiopia (8.1%)
  4. Mozambique (7.7%)
  5. Tanzania (7.2%)
  6. Vietnam (7.2%)
  7. Congo (7%)
  8. Ghana (7%)
  9. Zambia (6.9%)
  10. Nigeria (6.8%)

Source: The Economist

of course, the bad news: If you start low, it's easier to grow your economy's playing with numbers. You need to compare the actual size of the economy to get real information.

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