6. Libya
Do you remember the name Muammar Gaddafi?
Welcome to Libya. Just like other African-Arab countries, Libya depends majorly on crude oil for money and majority of their employed citizens, work in the oil sector.
Over 20% of Libya’s GDP is from service and construction. Libya is the richest African-Arab country. Libya has been in political disunity and turmoil since the fall of the renowned Muammar Gaddafi but it is well-known that they have the largest deposits of oil in the whole of Africa. Its capital is Tripoli and its GDP per capita stands at $10,129.61.
7. Tunisia
From Libya, we are now in Tunisia. The population of Tunisia is estimated to be around 11.2 million people and they are a country with a very high GDP.
Apart from being the seventh richest African country, they are the second richest African-Arab country after Libya. Their economy is being boosted by agriculture and tourism and there’s a really low illiteracy rate. The capital is Tunis and they have a GDP per capita that stands at $9,706.59.
8. Namibia
Here is Namibia, the eighth richest country in Africa. The country depends mostly on South Africa for trading, and it is one of the fastest developing countries in Africa.
Agriculture is the backbone of their revenue, although, manufacturing and tourism contribute a whole lot too.
Namibia is a commonwealth country that has imputed a lot of government revenue into amenities provision and general development. Its capital is Windhoek and the country’s GDP per capita stands at $7,694.44.
9. Algeria
From Namibia, welcome to Algeria. Formerly ranked 10th in 2015 they have leapfrogged to the ninth position in 2017.
The country gets their main revenue from agriculture and from oil and gas. Banking also contributes to the nation’s revenue from the capital city – Algiers. The country’s GDP per capita stands at $7,541.85.
10. Egypt
And here comes the mighty Egypt, the last on the log. Egypt’s economy has been historically agricultural, with cotton as the mainstay. The country is also rich in history and culture. Egypt’s capital is Cairo and its GDP per capita stands at $6,594.