World Business Council






AFRICA

The Key Developers

AFRICA’s 55 nations are home to over 1.4 billion people, over 2,000 languages spoken, showcasing remarkable diversity in culture, language, and history. Africa’s share in the global economy remains relatively modest, accounting for about 3% of global GDP. Despite its vast natural resources and potential, holding over 30% of the world’s mineral resources, including diamonds, gold, and cobalt, the continent’s economic output has been limited. by factors such as infrastructure challenges and political instability in some regions. In recent decades Africa’s economy has grown significantly and increasing foreign investments. Initiatives like the African Continental Free Trade Area (AfCFTA) have enhanced regional trade and integration. Key sectors such as agriculture, minerals, energy, and technology are drawing interest from global investors.

WBC Across Africa