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Old 05-27-2015, 01:13 PM
 
244 posts, read 362,287 times
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Quote:
Originally Posted by Daywalk View Post
Can't believe that just these 4 countries make up the majority of the continent's economic activities.
Not any different from any other continent.
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Old 05-29-2015, 09:17 AM
 
Location: Macao
16,259 posts, read 43,201,108 times
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Algeria and Nigeria? THose two surprise me.

South Africa...Yes, definitely! Egypt, yeah, I can see that.

I would have thought Kenya/Nairobi would have been in there as well.
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Old 05-30-2015, 04:10 PM
 
Location: Katy,Texas
6,475 posts, read 4,076,574 times
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Nigeria has nearly 200 Million people, it is expected to become the 3rd largest country in the world in 2050.
4 out of the 7 "black" (using race is really subjective but I'm going to use it anyway) billionaires in the world are Nigerian and if you count significant mixed ancestry 4/9. 4/5 of African Blacks are Nigerians. Out of All of Africa it goes like this. The richest man in Africa Dangote who has 3 times as many billions as the next person is Nigerian.
Of the 50 Richest Africans. OF course since 16% of Africans are Nigerians you would expect roughly 16% of the list of the list to be Nigerians and it is actually 26% of the list.
13 Nigerian
12 South African- Extremely high performer
8 Egyptians 7 of which belong to 2 families the Mansour's and The Sawiris'/-Higher than expected.
8 Moroccans-High performer
4 Tanzanians- High performer
2 Kenyans
1 Angolan
1 Algerian
1 Ugandan
Black billionaires - Wikipedia, the free encyclopedia
Africa
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Old 05-30-2015, 05:51 PM
 
Location: Victoria TX
42,554 posts, read 86,992,173 times
Reputation: 36644
Four countries make up more than 60% of the total economy of the Eropean Union. Germany, UK, France, Italy. Does that also surprise you?
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Old 06-12-2015, 10:51 AM
 
284 posts, read 492,360 times
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Quote:
Originally Posted by NigerianNightmare View Post
Nigeria has nearly 200 Million people, it is expected to become the 3rd largest country in the world in 2050.
4 out of the 7 "black" (using race is really subjective but I'm going to use it anyway) billionaires in the world are Nigerian and if you count significant mixed ancestry 4/9. of 4/5 of African Blacks are Nigerians. Out of All of Africa it goes like this. The richest man in Africa Dangote who has 3 times as many billions as the next person is Nigerian.
Of the 50 Richest Africans. OF course since 16% of Africans are Nigerians you would expect roughly 16% the list of the list to be Nigerians and it is actually 26% of the list.
13 Nigerian
12 South African- Extremely high performer
8 Egyptians 7 of which belong to 2 families the Mansour's and The Sawiris'/-Higher than expected.
8 Moroccans-High performer
4 Tanzanians- High performer
2 Kenyans
1 Angolan
1 Algerian
1 Ugandan
Black billionaires - Wikipedia, the free encyclopedia
Africa
I find your post confusing for several reasons:

You state "4/5 of African Blacks are Nigerians".How can that be?
Africa has a population of approximately 1 billion, and Nigeria about 170 million, so your later figure of 16% is about right.

You have 8 Egyptians among the 50 richest people in Africa, and point out that 7 are from the Mansour and Sawiri families. As the Mansour family owns several of the largest companies in Egypt why is this "higher than expected"?
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Old 10-18-2015, 08:47 AM
 
4,651 posts, read 4,593,562 times
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Quote:
Originally Posted by Maghribi View Post
I honestly doubt that algeria is an "economic engine" This country only exports oil and natural gas and totally unindustrialized apart from those. The other three on the other hand have a much more diverse economy aimed into exports and a larger population, so big domestic markets.
You can doubt as much as you want,by numbers Algeria's economy is larger than Morocco,Tunisie & Mauritania combined.

The subject is not how diversified are the economies of these 4 countries but how important they are.
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