Nigeria is now the largest economy in # Africa, taking advantage of the contraction of South Africa's economy which fell by 1.4% in the fourth quarter of 2019, # Nigeria outperforming global expectations with a growth rate of 2.3%, compared to a growth of 1.9% in 2018.

Nigeria’s gross domestic product reached 476 billion dollars, while the economy of South Africa reached 352 billion dollars in 2019. To come after them in the ranking of the economies of the African continent, both: # Egypt 302.3 billion dollars, then Algeria 172.8 billion dollars, and Morocco 119 billion dollars, Kenya $ 98.6 billion, Angola $ 91.5 billion, and Ethiopia $ 91.2 billion.

The Maat Foundation for Peace, Development and Human Rights recommends that it exploit this potential in improving the collective performance of the countries of the continent as a whole, especially in light of the establishment of the # African Free Trade Zone. By focusing on continuing economic reform policies and improving the investment climate to attract more foreign direct investment to the continent, and supporting the digital transformation initiatives of African countries in line with the global information revolution.

# Maat_africa365Day