Public Management

Top 10 richest Francophone sub-Saharan African countries in 2017, according to AfDB

Tuesday, 24 October 2017 15:15

In 2017, the Democratic Republic of Congo will be the nation with the highest gross domestic product in Francophone Sub-Saharan Africa (SSA), according to the latest report of the African Development Bank (AfDB).

The pan-African institution indicates that the country, which is listed as the 12th richest African country in 2017, behind Libya ($47 billion), has tripled its GDP in 12 years, with this value expected to reach $44.7 billion, by the end of this year.  Africa’s leading copper producer should thus record a growth of 2.4%.

Côte d’Ivoire comes at the second place in the Francophone SSA ranking. West Africa’s second largest economy, though it was affected by a 35% decrease in global prices of cocoa, its main export, should have its GDP exceed $38 billion, this year. Worldwide, the country should record the third highest growth rate, behind Ethiopia and Myanmar. 

After Ivory Coast is Cameroon which was resilient to the global drop in oil prices. The country’s GDP should exceed $32 billion this year. It is followed by Senegal ($16.963 billion), Gabon ($16.186 billion), Mauritius ($14.4 billion) and Burkina Faso ($14.2 billion).   

With more than $13 billion, Mali positions itself as the eight largest economy in terms of GDP in the region of reference, ahead of Benin, which at the end of the 2017 year, should record a GDP of about $10.4 billion. Last in the top 10 of richest countries in the Francophone sub-Saharan African region is Madagascar with a GDP expected at $10.3 billion.   

Let it be emphasized that this ranking takes into account only SSA countries whose first language is French. This explains why Equatorial Guinea (having French as its second language) is not on the list despite its GDP being forecast at more than $15 billion for this year. Also, the ranking assesses only the economies’ GDP and reflects in no way the living standards of the populations of countries mentioned.

Fiacre E. Kakpo 

Ranking of top 10 richest sub-Saharan African countries having French as their official language

  1. DR Congo ($44.73 billion)
  2. Côte d’Ivoire ($38.496 billion)
  3. Cameroon ($32.625 billion)
  4. Senegal ($16.963 billion)
  5. Gabon ($16.186 billion)
  6. Mauritius ($14.406 billion)
  7. Burkina Faso ($14.275 billion)
  8. Mali ($13.827 billion)
  9. Benin ($10.425 billion)
  10. Madagascar ($10.318 billion)

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
BNP Paribas entered exclusive preliminary talks with Holmarcom to sell its 67% stake in BMCI. Holmarcom already owns 2.41% of BMCI and acquired...
Senegal approves payment for its capital subscription to the African Energy Bank (AEB) APPO says the contribution brings the bank “closer to...
Ethiopia may receive about US$261 million once the review is approved. The ECF programme supports the country’s Homegrown Economic Reform (HGER)...
IFC considers €75.25 million investment in cocoa processor Guan Chong Funds to expand cocoa processing plant in Côte d’Ivoire Project...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...

Benin Government Says Attempted Coup Against President Talon Has Been Foiled
03

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
04

In Cotonou, Benin’s economic capital and home to the country’s leading institutions, the situation r...

Calm in Cotonou - Benin After Coup Announcement on State Owned Television
05

GSMA outlines reforms needed to meet targets of the New Technological Deal 2034 High mobile taxes...

GSMA Maps the Reforms Required for Senegal’s Digital Takeoff
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.