African statistics

2016 is going to be  a challenging year for the African economy and world economy at large according to  IMF and world Bank figures. Based on IMF projections and World Bank's global economic prospects, African economies experienced a marginal decline in growth for  two years running compared to the previous years  due to the slump in oil prices which affected oil producing countries in Africa like Nigeria, Algeria, Angola etc.        According to IMF and world economic forum, growth in Africa is expected to be around 5 percent on average basis while foreign direct investment is expected to grow at a slower pace compared to the previous years.   Moreover, the growth for this year is slightly bigger than that of last year which stood around 42 percent on average.  The growth for this year and last year has shown that African economy is slowly moving from Agricultural and raw material based economy to service based economy. For example,...

    The list of richest African footballers tries to explain and appreciate the success African footballers have enjoyed in the last decade, thanks to the increasing popularity of the game and huge investment. The number of African players plying their trade in Europe has increased over the course of Last decade due to the lucrative opportunity of playing in Europe  and this has contributed to the increase in wages and salaries for African players in Europe. Moreover, this trend has led to significant reduction in wages of African players plying their trade in Africa due to weak investments in African leagues. No African player plying his trade in Africa made the list.  Nine out of ten players on the list has either played in the Premier League or is currently playing in the Premier League and most of them have played for clubs that have one the Champions League at least once in Europe. From the analysis, it was deduced that wage difference in Europe also affe...

The list contains the networth of African artist both old and new. The list puts into account the amount each artist has accumulated in his or her career. The list is made up of both male and female artists and of course the list is dominated by male musician except for few notable female musician who has managed to break the glass ceiling in recent years in Africa's music industry.      However, the list is also dominated by Anglophone countries and other notable exceptions from francophone countries. Based on country, many of the artists are from Nigeria, Ghana is represented by one artist, South Africa is represented by two artist, Senegal has one artist and so does Democratic Republic of Congo.       Statistical analysis for obtaining this data helped to highlight the problem facing African music artist compared to their  counterparts abroad. It shows that African artist are not properly compensated for their work because of the menace of pira...

The top ten largest oil producers in Africa is responsible for producing the largest amount of oil in Africa combined, the list also helps to highlight the challenges facing oil production in Africa generally. Nigeria alone is responsible for producing more than two million barrels a day. Five out of 10 members on the list is a founding member of OPEC.        According to international energy agency, the largest oil producers in Africa are mainly exporters while countries like South Africa and Gabon on the list still import a significant amount of oil.  Although the statistics shows that crude oil production in Africa has significantly declined over the years due to effects of war and conflict i.e libya was among the largest oil producers in Africa until the fall of Gaddafi's regime which saw the country spiral into chaos and also unprecedented drop in oil production thanks to insecurity in the north African state. Also, the newly formed nation of South S...