Republic of Cameroon
The Republic of Cameroon, with its GDP per capita of $1,537.61, is among the richest in the continent. It currently has a total GDP of $39.22 billion. The economy is highly reliant on oil and agriculture, which seem to be on an upward trend. It helps that the timber reserve is doing well since it makes up 37% of its total landmass. In the past year, the country has been working to improve its infrastructure to further boost its status in the region. Did you know that its Kribi deep-sea port is the first of its kind in Central Africa? It is expected to expand the generation of hydropower.
Republic Of Cameroon
Morocco
When it comes to African countries, Morocco is the 11th biggest but the 5th richest. It has a $121.35 billion GDP and a $3,410 GDP per capita. There are 36.9 million people living in the North African nation. Its economy is reliant on tourism, cannabis, agriculture, and solar and coal energy. In 2016, a study said that 70% of cannabis in Europe has Moroccan origin. The World Bank said that the country’s economy operated below its potential in 2019. For one thing, the country still exports less than it imports.
Morocco
