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Africa

1. Senegal

  • Senegal's economic results have been optimistic and growth has been continuously sustained for several years. Annual GDP growth rate was 6% in 2004 and 5.7% in 2005. The IMF forecasts a 5% growth in 2006. The country is politically sable and inflation is under control. Despite these good performances, Senegal has been listed among the least-dev...
  • UpDateTime : 2008-1-31 9:01:07

    2.Algeria

  • The Algerian economy has shown very good performances in 2004 ( growth of 5.2% of the GDP in 2004) and was more moderate in 2005 ( a 4.8% growth of the GDP according to the IMF). The IMF forecasts a 5.3% growth in 2006. The economy mainly relies on the hydrocarbons sector : petroleum (the state-owned compagny Sonatrach is the 12th largest product...
  • UpDateTime : 2008-1-31 8:51:20

    3.Cameroon

  • The economy of Cameroon keeps on showing quite a good number of results, in spite of the slowdown in 2005 : the GDP rate was 4.8% in 2003, and 2.8% in 2005. The IMF forecasts a 4.3% growth rate in 2006. This stabilization of the economy has led financial backers to lighten the external debt of the country. However, this dynamism is still fragil...
  • UpDateTime : 2008-1-31 8:55:11

    4.Egypt

  • Between 2000 and 2003, the Egyptian economy has had a 3% average annual GDP growth rate, due to September 11th, to recent regional political instability and to economic reforms. This growth was insufficient to let the economy take off and unemployment has maintained its progression, which is officially 10.7% and unofficially is more than 20%. H...
  • UpDateTime : 2008-1-31 8:57:10

    5.Morocco

  • The Moroccan economy has known a regular growth for several years. GDP growth rate was 5.2% in 2003, 5.5% in 2004 but is likely to plunge to 1.8% in 2005. However, this growth remains insufficient to curb poverty and high unemployment (11% in 2005). The IMF forecasts a 5.9% growth in 2006. Economy's performance strongly relies on climatic conditi...
  • UpDateTime : 2008-1-31 8:59:18

    6.South Africa

  • South Africa is the economic giant of the African continent, with nearly 40% of its Gross Domestic Product (GDP). In the manufacturing sector, 75 out of the 100 main African companies are South African. Growth is regular: GDP growth rate was 2.8% in 2003, 3.7% in 2004 and 4.3% in 2005. The economic indicators show positive signs: public accou...
  • UpDateTime : 2008-1-31 9:43:30

    7.Tunisia

  • In 2004, Tunisia experienced a second consecutive year of sustained growth, due to good performances of its main two economic poles: agriculture and tourism. Annual GDP growth rate was 5.6% in 2003, 5.8% in 2004 and 5% in 2005. The IMF forecasts a 5.9% growth in 2006. Tunisia shows one of the best regional economic performances but has to face ...
  • UpDateTime : 2008-1-31 9:06:17
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