The economy of Africa consists of the trade, industry, agriculture, and human resources. As of 2012, approximately 1.07 billion people were living in 54 different countries. Africa is a resource-rich continent but many African people are poor. Recent growth has been due to growth in sales in commodities, services, and manufacturing.
Africa is the world's poorest inhabited continent, as measured by GDP per capita. However, parts of the continent have made significant gains over the last few years. In recent years, African countries consist of the fastest growing economies in the world.
Read more about Economy Of Africa: Economic Development, Economic Variants and Indicators, Economic Sectors and Industries, Trade Blocs and Multilateral Organizations
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