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Home/ Thoughts/Q 88306
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Abdul Jafari
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Abdul Jafari
Asked: January 13, 20252025-01-13T09:15:25+02:00 2025-01-13T09:15:25+02:00In: World Localities

is africa a poor continent

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is africa a poor continent
africacontinent
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    1. Trevor LP
      Trevor LP Lifestyle | Moneypreneur
      2025-02-24T04:30:50+02:00Added an answer on February 24, 2025 at 4:30 am

      No, Africa is not a poor continent. The continent of Africa consist of numerous natural resources and raw materials that are exported and used to manufacture or produce many products, which are sold at a very high prices. Such goods include gold, diamond, mineral, fuel, etc.

      Africa is considered a poor continent by many simply because of the poor management of their natural resources which serve as a major source of income to their various economy. Raw materials exported from Africa is estimated at a value of 4.25 trillion dollars yearly, keeping in mind that Africa consist of 53 countries in total.

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