Section · 7 articles

Africa's Economy

Mineral resources, agriculture and trade.

One of the major challenges is poverty, which is very widespread. One consequence of this is a sometimes quite low life expectancy, corruption, crime and in some countries a politically unstable government. All these aspects have a negative impact on investment in the economy. In recent decades, Western countries have imposed various economic promotion programs, which in most cases have not been successful. One reason for the failure is linked to the mentality of the people and the way in which these projects were implemented.

Economy

Africa's Mineral Wealth

Although Africa is a poor continent, it could in principle be rich. Large quantities of valuable mineral resources lie deep underground, which could bring significant wealth to the respective countries.

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Economy

Africa’s financial sector

Africa’s financial sector is underdeveloped. Many countries are plagued by corruption and heavily indebted. The populations of these countries themselves own little in the way of financial assets.

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Economy

Industry & Craftsmanship in Africa

Africa is the continent with the least developed economy. Only a few nations, including Zimbabwe and South Africa, have actually been able to build a notable economy. The consequences of colonialism still linger…

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Economy

Agriculture in Africa

On the one hand, Africa is one of the poorest continents, yet around 1 billion people live here. This is a huge potential for Africa’s economy.

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Economy

Mass poverty in Africa

The biggest problem in Africa is the poverty of its population. There is hardly a country in which large parts of the population do not suffer from hunger and poverty.

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Economy

Tourism in Africa

Tourism has played an increasingly important role in Africa over the past few decades. In particular, the economically more developed countries in the north are popular with tourists from Europe, America and Asia.

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Economy

Economic promotion

The African economies are all very weakly developed. In some states, there are no significant economic structures at all. This problem is not new.

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Africa's Economy

Africa's Mineral Wealth

Africa’s financial sector

Industry & Craftsmanship in Africa

Agriculture in Africa

Mass poverty in Africa

Tourism in Africa

Economic promotion

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