Africa, one of the world’s poorest continents, is experiencing some economic growth, with a projected $29 trillion GDP by 2050. Technology advancements have led to tech-driven companies and job creation, and millions of Africans now have internet or phone access, transforming the continent from a dark ages to a brighter future.
The World Population Review used each country’s gross domestic product (GDP) to quantify African countries’ wealth. GDP indicates the value of goods and services generated in a given year.
The first method shows the GDP in US dollars (USD or US$), the country with the highest overall GDP is the richest.