Hello and welcome to Itenert, The African economy holds a huge potential considering its rich natural resources, and young human capital. However, the ongoing global economic crisis is creating more economic uncertainty. Africa faced enormous economic obstacles in 2023, which had a substantial impact on the continent’s developmental trajectory. Global commodity price changes, political unrest, shifts in supply and demand, and general economic uncertainty made some countries on the continent vulnerable to outside shocks.

The difficulties presented by these complex dynamics highlighted the complexities, and vulnerabilities present in the African economic environment at that time.

African currencies’ decline in value relative to other major currencies, especially the US dollar, became a major source of problems for trade balances, inflation rates, and consumer purchasing power. In this video I present to you the Top 20 Strongest and largest Economies in Africa in 2024. If you are new to the channel, kindly subscribe to the channel, like and share the video. Tell us in the comment box below, If your country made the list. Don’t forget the ranking was made based on the GDP of the Countries. Now here are the Top 20 strongest and Largest Economies in Africa 2024.

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