East Africa, West Africa lead in regional tally
By John Eche
A new survey outcome published by Euromonitor has revealed that on current form, the economies of Ethiopia and Rwanda are set to lead others within the continent in the next decade.
And in a marked demonstration of the fact that some of the current largest economies in the continent – Nigeria, South Africa, Egypt and Algeria – still have a lot of work to do to maximally tap their own growth potentials, none of them is listed in the list in the survey of potential top ten performers in the continent that spans the years 2017 – 2030.
The other top 10 performers listed include the West African nations of Sierra Leone, Senegal and Cote D’Ivoire, with rising player, Ghana, also missing out in the top 10 projections. Kenya, Uganda and Tanzania make the list also from East Africa, giving the region with the oldest Regional Economic Community, REC, a lion share of five nominees also while Mozambique joins in from Southern Africa.
Sierra Leone, one of the three West Africans listed in the survey is currently one of the poorest nations on earth.
Rwandan President, Paul Kagame