Top 5 Countries That Represent Africa’s Success Story

Fredrick Ngugi Aug 1, 2017 at 03:00pm

August 01, 2017 at 03:00 pm | Uncategorized

Fredrick Ngugi

Fredrick Ngugi | Contributor

August 01, 2017 at 03:00 pm | Uncategorized

4. Algeria

Algerian capital Algiers

Algerian capital Algiers. Photo credit: Pinterest

As a major oil exporter, Algeria has continued to record steady economic growth, with oil and gas making up more than 97 percent of its total exports. Excluding hydrocarbons, Algeria’s economic growth is estimated to be 5.8 percent.

Since the last Arab Spring, which started in 2010 and ended in 2012, Algeria has played an important role in stabilizing the North African and Sahel regions, and its extensive wealth has made it a regional powerhouse.

More than 10 years after its deadly civil war, Algeria has enjoyed relative peace, even as the health of President Abdelaziz Bouteflika, who was re-elected in May, remains a mystery.

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