Economy of African Countries

In the 21st century the economic scenario has drastically improved for the better than what it was ever before. Many of the nations are now producing sufficient food grains for themselves and the number of deaths due to starvation, famines and droughts has also come down. But the economy of African countries still has to go a long way to at least match the standards of other continents, if they have to beat them some day.
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The economy of African countries is expected to grow by five percent, mainly due to mining investments. China and India are the major players in the mining industry that is expected to effect the economy of these African countries. Africa has become less of a investment risk lately. Economic growth is expected to be in the 5.8 percent range for Zambia, less than expected due to the low price of copper, which is Zambia’s major export.
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