These Are The 15 Fastest Growing Economies In Africa – See Nigeria’s Position So Sad!

Nigeria was one of the fastest growing economies in the world,having enjoyed blissful growth over the past decade, but it is not one of the 15 fastest growing economies in Africa for 2016! *sad!

In 2014 and early 2015, Nigeria was named the third fastest growing economy in the world by CNNMoney, with China and Qatar, taking the lead at 7.3 percent, 7.1 percent gross domestic product (GDP) growth.

Following the 2015 election uncertainty, crash in crude oil price, and prolonged revelation of policy direction by the newly-inaugurated Muhammadu Buhari-led government, Nigeria’s GDP for 2015 crashed to 2.8 percent.

For 2016, however, the coast is cloudy, and Nigeria is nowhere near the fastest growing economies in Africa.