Friday, November 15

Nigeria emerges biggest economy in Africa in 2019, beats S/Africa

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by  Joseph Omotayo

– In a 2019 rating of economies in Africa, Nigeria leads with an economy valued at $444.916 billion – Countries like Algeria, Angola, and Morocco also made the list at number four, seven, and five on the ranking – South Africa and Egypt were rated as second and third with $371.298bn and $299.589bn economic values

PAY ATTENTION: Click “See First” under the “Following” tab to see Legit.ng News on your Facebook News Feed! Nigeria topped the list of eight countries with the biggest economies in 2019 in Africa as published by Africa Facts Zone. In a tweet by the Twitter handle on Friday, June 5, Nigeria leads with a total amount of $444.916bn, while South Africa and Egypt ranked second and third with $371.298bn and $299.589bn respectively.

Kenya, Angola, and Ethiopia are at the lower rung of the last three as they command economy values of $99.246bn, $92.191bn, and 90.968bn respectively.

See the full list below: 1. Nigeria ($444.916 billion) 2. South Africa ($371.298 billion) 3. Egypt ($299.589 billion 4. Algeria ($183.687 billion 5. Morocco ($121.350 billion) 6. Kenya ($99.246 billion) 7. Angola ($92.191 billion) 8. Ethiopia ($90.968 billion) A picture showing a busy market in Lagos state. Photo source: Aljazeera Source: UGC Meanwhile, Legit.ng earlier reported that Aliko Dangote led the richest people in Africa with a $9.5 billion wealth followed by Nicky Oppenheimer from South Africa who commands great riches in the tune of $7.5 billion. Another Nigerian who made the top 8 cut is Mike Adenuga with a total wealth of $5.8bn (N2,244,600,000,000). Rabiu made the third citizen from the country with $3.2 bn (N1,238,400,000,000). In other news, the United States Mission to the African Union recognized the effort of a Nigerian man, Oluwayomi Zeblon, for helping his peers during coronavirus pandemic. A student at Lagos State University, the young man was able to organize a teaching session for his mates online in order to empower them to bring about change in their communities.

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