The enormous economic potential that emerging African markets represent for investors is often overlooked. The African economy in 2021 was around $2.7 trillion in nominal terms — $296 billion more than 2020 — calculated by taking figures from the IMF. This is $246b less than France’s GDP, the 7th largest economy in the world. Further, using Gross Domestic Product (GDP) as a yardstick, a February article in Business Insider Africa listed the 10 largest African economies to invest in as of 2022. Those economies come with their own array of important African languages.
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