Archive for the ‘Economy of African Countries posts’ Category

Poverty In Africa

Monday, October 26th, 2009

Large areas of Africa have the world’s lowest income class, with less than a gross national income of $765 per person per year. The lowest gross national income is seen in Ethiopia, reaching only $90 per person per year. Even areas in Africa considered middle income zones see vast quantities of their population still living in poverty. North Africa is better off economically than South Africa due it’s stability in trade and tourism.
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Economy Of African Countries Benefits From Insurance

Monday, August 24th, 2009

Good news for the economy of African countries. The risk of doing business in Africa has been decreased by the World Bank Group insuring foreign investments and trade. This will have a positive effect of the economy of African countries, as the insurance will cover money loss from non-payments, interruption to business, sabotage, and terrorism. Insurance policies have been issued for a variety of businesses from telecommunications to agriculture benefiting the economy of African countries.
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