Description: Africa is known as a continent with rich natural resources but it was known as a poor continent too. The recent growth of economic
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Africa is known as a continent with rich natural resources but it was known as a poor continent too. The recent growth of economic includes expansion in commodities sales, manufacturing, and also services. There are several causes why Africa is considered poor continents like the colonization of Europe, instability economic and social situation, and many others.
However, Africa now has changed into a promising continent to invest in. There are many foreign investors putting their investments in Africa. Hence, Africa is named to be the world economic engine in the future. The economy in Africa was actually diverse, caused by extensive trade routes. In nominal GDP criteria, Nigeria has named the richest country with rapid growth of economic in Africa. Due to their natural resources contribute to the rapid economic growth in the country. Nevertheless, some countries s