6 of top 10 fastest growing economies of 2018 in Africa

The world’s top three fastest growing economies are African, with six of the top 10 all hailing from the continent, according to the IMF.

Libya (+10. 9%), Ethiopia (+7.5%) and Cote d’Ivoire (+7.4%) are leading global growth for 2018.

Ethiopia has been one of the world’s fastest growing countries since 2004, and this year was ranked second by IMF, though first by the World Bank, which discounted Libya.

Seizing Africa’s potential has been the strong focus of China in recent years, but analysts now believe that the US and Russia may begin to play larger roles.

Africa’s rise is simply becoming too big to ignore.