Top 10 Most Developed Countries in Africa
Welcome to Displore and Thanks for Watching, its always a pleasure presenting to you some lesser known facts about countries on the African Continent as well as some interesting facts about your favourite Africans.
In this video, we shall be exploring the most developed countries on the continent.
Despite the negative propaganda by most western media about Africa, African is still an existing continent to visit.
Whats the first thing that comes to mind when you hear of developed countries, I bet you will say Skycrappers and exotic locations, well those are the least factors taken into consideration when we talk of development.
The list of most developed countries in Africa comes from the United Nations Development Programmes latest report (2019).
Every year, the organization releases indices and indicators on key human development.
The data reported gives an overview of the state of development across the world and helps in identifying long term trends and improvement areas.
Developed countries are measured using the Human Development Index (HDI), the data collected is used to rate countries according to life expectancy, health Care, economic growth, standard of living, Infrastructure and education.
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Here are the Top 10 most developed countries in Africa in 2019
10. Morocco
Morroco is a country Located in Northern part of Africa and has a population of about 35million people.
Morocco’s economy is solid and versatile.
The country has seen unexpected growth in various industries over the years.
Lately, the country is facing an economic slowdown; this has not prevented them from engaging in massive infrastructural development.
Currently, the country is focusing on enhancing its high-value added industries and this has brought about a strong recovery on the European market.
The main challenge remains booting the private sector to encourage job creation for the younger generation.
Morroco ranks as the 10th most developed country in Africa and 123rd in the world.
The life expectancy of morocco is 76.1years and the per capita income is 7340 dollars u.s
9. Egypt
Egypt is located in North Africa and has a population of about 94 million people and a per capital income of 10355 dollars u.s.
Since early 2014, Egypt has been constantly improving its economic activities.
Amendments and reforms adopted seem to bear fruits as the country has seen their GDP grow by 5.3%.
Export of goods and services, improvement in foreign exchange reserves and a more dynamic tourism sector have greatly contributed to the massive development in Egypt.
The coming years will tell if the government manages to cut down the unemployment rate and improve the weak health care system of the country.
In terms of development Egypt ranks at the 9th position in Africa and 114th position globally.
8. South Africa
With its highly developed economy and advanced economic infrastructure, South Africa is a major player on the African continent.
Being one of the world’s largest producers and exporters of gold and platinum, the country has considerably developed its financial, legal, energy and transport sectors.
Lately, progress is slowing down and South Africa is known to have one of the highest inequality rates in the world.
South Africa has some of the most beautiful cities in Africa.
The per capita income of SA is about 11,923 us dollars and the life expectancy is 63.4 dollars. South Africa ranks at the 8th position in Africa and 113th in the world.
7. Gabon
Gabon is located in central Africa and is the fifth largest oil producer in Africa.
Gabon has one of the highest urbanization rates on the African continent.
The upper-middle-income has known strong development over the past decade, which was mainly driven by its production of oil and manganese.
The oil sector accounts for 45% of the country’s GDP and 60% of fiscal revenue on average over the past years.
As the country’s oil reserves face a decline, Gabon is looking for other areas of expansion.
Investments in the private sector is encouraged as the country looks to break free of their reliance on the oil sector.
Gabon is one of the richest countries in Africa with a per capita income of about 16,431 us dollars and a Life expectancy of 66 years .
According to the HDI Gabon is 7th most developed country in Africa and occupies the 110th position at the global level.
6. Lybia
Lybia is amongst the richest countries in Africa, it has a population of about 7 million people.
Despite the crisis lybia has been through in recent years, Improved political arrangements have seen the country develop considerably over a short period of time.
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