Afripoli

Explore Africa’s Markets

Click on a country to uncover the essentials.

Map 04

Ghana

GDP (current USD): $74.26 billion (2022); $76.37 billion (2023)
GDP Growth (annual %): 3.8% (2022); 2.9% (2023)
Population: 33.78 million
Military Spending (USD): $229 million (2022); $285 million (2023)
Military Spending (% of GDP): 0.3% (2022); 0.4% (2023)
Electricity Production Capacity: 5 519 MW
Electricity Generation Sources: Gas 63.24%, Hydro 33.33%, Oil 2.76%, Solar 0.58%, Biofuels 0.09%

Madagascar

GDP (current USD): $15.13 billion (2022); $15.79 billion (2023)
GDP Growth (annual %): 4.0% (2022); 3.8% (2023)
Population: 31.19 million
Military Spending (USD): $98 million (2022); $102 million (2023)
Military Spending (% of GDP): 0.7% (2022); 0.7% (2023)
Electricity Production Capacity: 759 MW
Electricity Generation Sources: Oil 57.63%, Hydro 33.05%, Coal 5.51%, Biofuels 2.12%, Solar 1.69%

Senegal

GDP (current USD): $27.61 billion (2022); $30.85 billion (2023)
GDP Growth (annual %): 3.8% (2022); 4.5% (2023)
Population: 18.07 million
Military Spending (USD): $421 million (2022); $448 million (2023)
Military Spending (% of GDP): 1.5% (2022); 1.5% (2023)
Electricity Production Capacity: 1 772 MW
Electricity Generation Sources: Oil 67.78%, Solar 10.82%, Wind 9.54%, Coal 6.06%, Hydro 3.99%, Biofuels 1.42%, Gas 0.39%

Côte d'Ivoire

Cote d’Ivoire (Ivory Coast)

GDP (current USD): $70.17 billion (2022); $78.88 billion (2023)
GDP Growth (annual %): 6.2% (2022); 6.2% (2023)
Population: 31.16 million
Military Spending (USD): $607 million (2022); $681 million (2023)
Military Spending (% of GDP): 0.9% (2022); 0.9% (2023)
Electricity Production Capacity: ~2 315 MW
Electricity Generation Sources: Gas 68.79%, Hydro 30.13%, Biofuels 0.72%, Oil 0.18%, Solar 0.18%

Togo

GDP (current USD): $8.16 billion (2022); $9.17 billion (2023)
GDP Growth (annual %): 5.7% (2022); 6.4% (2023)
Population: 9.30 million
Military Spending (USD): $336 million (2022); $276 million (2023)
Military Spending (% of GDP): 5.4% (2022); 4.0% (2023)
Electricity Production Capacity: 326 MW
Electricity Generation Sources: Gas 67.05%, Hydro 18.18%, Oil 7.95%, Solar 6.82%

Rwanda

GDP (current USD): $13.31 billion (2022); $14.01 billion (2023)
GDP Growth (annual %): 8.1% (2022); 8.2% (2023)
Population: 13.95 million
Military Spending (USD): $176 million (2022); $178 million (2023)
Military Spending (% of GDP): 1.3% (2022); 1.3% (2023)
Electricity Production Capacity: 294 MW
Electricity Generation Sources: Hydro 52.04%, Gas 24.49%, Oil 16.33%, Coal 5.10%, Solar 2.04%

Nigeria

GDP (current USD): $477.40 billion (2022); $489.80 billion (2023)
GDP Growth (annual %): 3.2% (2022); 2.8% (2023)
Population: 227.88 million
Military Spending (USD): $3.10 billion (2022); $3.19 billion (2023)
Military Spending (% of GDP): 0.7% (2022); 0.8% (2023)
Electricity Production Capacity: 4 094 MW
Electricity Generation Sources: Gas 79.46%, Hydro 20.37%, Solar 0.12%, Biofuels 0.05%

Cameroon

GDP (current USD): $44.34 billion (2022); $49.28 billion (2023)
GDP Growth (annual %): 3.7% (2022); 3.2% (2023)
Population: 28.37 million
Military Spending (USD): $416 million (2022); $456 million (2023)
Military Spending (% of GDP): 0.9% (2022); 0.9% (2023)
Electricity Production Capacity: 1 799 MW
Electricity Generation Sources: Hydro 61.58%, Gas 29.31%, Oil 8.37%, Biofuels 0.49%, Solar 0.25%

Mauritania

GDP (current USD): $9.55 billion (2022); $10.65 billion (2023)
GDP Growth (annual %): 6.7% (2022); 6.5% (2023)
Population: 5.02 million
Military Spending (USD): $225 million (2022); $277 million (2023)
Military Spending (% of GDP): 2.3% (2022); 2.5% (2023)
Electricity Production Capacity: 812 MW
Electricity Generation Sources: Oil 70%, Hydro 12.35%, Wind 9.41%, Solar 8.24%

Chad

GDP (current USD): $12.39 billion (2022); $13.15 billion (2023)
GDP Growth (annual %): 2.6% (2022); 2.9% (2023)
Population: 19.31 million
Military Spending (USD): $331 million (2022); $372 million (2023)
Military Spending (% of GDP): 2.7% (2022); 2.9% (2023)
Electricity Production Capacity: ~170 MW
Electricity Generation Sources: Oil 94.29%, Wind 2.86%, Biofuels 2.86%

Libya

GDP (current USD): $43.24 billion (2022); $45.01 billion (2023)
GDP Growth (annual %): -8.2% (2022); 10.1% (2023)
Population: 7.30 million
Electricity Production Capacity: 10 519 MW
Electricity Generation Sources: Coal 70.94%, Oil 29.03%, Solar 0.03%

Algeria

GDP (current USD): $225.63 billion (2022); $247.63 billion (2023)
GDP Growth (annual %): 3.6% (2022); 4.1% (2023)
Population: 46.16 million
Military Spending (USD): $9.1 billion (2022); $1.8 billion (2023)
Military Spending (% of GDP): 4.7% (2022); 8.2% (2023)
Electricity Production Capacity: ~22 590 MW
Electricity Generation Sources: Gas 98.8%, Solar 0.75%, Oil 0.43%, Wind 0.01%, Hydro 0.01%

Niger

GDP (current USD): $15.43 billion (2022); $16.82 billion (2023)
GDP Growth (annual %): 11.9% (2022); 2.5% (2023)
Population: 26.15 million
Military Spending (USD): $242 million (2022); $331 million (2023)
Military Spending (% of GDP): 1.7% (2022); 2.1% (2023)
Electricity Production Capacity: 377 MW
Electricity Generation Sources: Oil 59.49%, Coal 26.58%, Gas 7.59%, Solar 6.33%

Democratic Republic of the Congo

GDP (current USD): $65.80 billion (2022); $66.38 billion (2023)
GDP Growth (annual %): 8.9% (2022); 8.5% (2023)
Population: 105.78 million
Military Spending (USD): $371 million (2022); $794 million (2023)
Military Spending (% of GDP): 0.6% (2022); 1.2% (2023)
Electricity Production Capacity: 3 229 MW
Electricity Generation Sources: Hydro 99.64%, Biofuels 0.27%, Solar 0.09%

Mali

GDP (current USD): $18.78 billion (2022); $20.66 billion (2023)
GDP Growth (annual %): 3.4% (2022); 4.6% (2023)
Population: 23.76 million
Military Spending (USD): $582 million (2022); $784 million (2023)
Military Spending (% of GDP): 3.1% (2022); 3.8% (2023)
Electricity Production Capacity: 1 222 MW
Electricity Generation Sources: Oil 60.27%, Hydro 37.33%, Biofuels 1.60%, Solar 0.80%

Burkina Faso

GDP (current USD): $18.82 billion (2022); $20.32 billion (2023)
GDP Growth (annual %): 1.4% (2022); 2.9% (2023)
Population: 23.02 million
Military Spending (USD): $562 million (2022); $826 million (2023)
Military Spending (% of GDP): 3.0% (2022); 4.0% (2023)
Electricity Production Capacity: ~660 MW
Electricity generation sources: Oil 68.83%, Solar 15.58%, Hydro 15.58%

Angola

GDP (current USD): $104.39 billion (2022); $84.82 billion (2023)
GDP Growth (annual %): 3.0% (2022); 1.0% (2023)
Population: 36.74 million
Military Spending (USD): $1.62 billion (2022); $1.27 billion (2023)
Military Spending (% of GDP): 1.3% (2022); 1.3% (2023)
Electricity Production Capacity: 7 600 MW
Electricity Generation Sources: Hydro 74.62%, Oil 15.11%, Gas 9.86%, Solar 0.12%, Biofuels 0.3%

Namibia

GDP (current USD): $12.56 billion (2022); $12.35 billion (2023)
GDP Growth (annual %): 5.3% (2022); 4.1% (2023)
Population: 2.96 million
Military Spending (USD): $367 million (2022); $338 million (2023)
Military Spending (% of GDP): 2.8% (2022); 2.7% (2023)
Electricity Production Capacity: 646 MW
Electricity Generation Sources: Hydro 57.78%, Solar 37.04%, Coal 3.70%, Wind 1.48%

Botswana

GDP (current USD): $20.32 billion (2022); $19.39 billion (2023)
GDP Growth (annual %): 5.4% (2022); 2.7% (2023)
Population: 2.48 million
Military Spending (USD): $485 million (2022); $511 million (2023)
Military Spending (% of GDP): 2.4% (2022); 2.5% (2023)
Electricity Production Capacity: 758 MW
Electricity Generation Sources: Coal 95.82%, Oil 3.80%, Solar 0.38%

Zimbabwe

GDP (current USD): $32.78 billion (2022); $35.23 billion (2023)
GDP Growth (annual %): 6.1% (2022); 5.3% (2023)
Population: 16.34 million
Military Spending (USD): $332 million (2022); $870 million (2023)
Military Spending (% of GDP): 0.8% (2022); 0.2% (2023)
Electricity Production Capacity: 2 491 MW
Electricity Generation Sources: Hydro 65.85%, Coal 32.70%, Biofuels 1.12%, Solar 0.34%

Mozambique

GDP (current USD): $18.88 billion (2022); $20.95 billion (2023)
GDP Growth (annual %): 4.3% (2022); 5.4% (2023)
Population: 33.63 million
Military Spending (USD): $281 million (2022); $376 million (2023)
Military Spending (% of GDP): 1.5% (2022); 1.7% (2023)
Electricity Production Capacity: 2 860 MW
Electricity generation sources: Hydro 81.44%, Gas 16.67%, Oil 0.95%, Biofuels 0.58%, Solar 0.37%

Zambia

GDP (current USD): $29.16 billion (2022); $27.58 billion (2023)
GDP Growth (annual %): 5.2% (2022); 5.3% (2023)
Population: 20.72 million
Military Spending (USD): $326 million (2022); $377 million (2023)
Military Spending (% of GDP): 1.1% (2022); 1.3% (2023)
Electricity Production Capacity: 3 986 MW
Electricity Generation Sources: Hydro 87.78%, Coal 11.09%, Solar 0.72%, Biofuels 0.41%

Malawi

GDP (current USD): $12.42 billion (2022); $12.71 billion (2023)
GDP Growth (annual %): 0.9% (2022); 1.8% (2023)
Population: 21.10 million
Military Spending (USD): $117 million (2022); $135 million (2023)
Military Spending (% of GDP): 1.0% (2022); 1.0% (2023)
Electricity Production Capacity: 731 MW
Electricity Generation Sources: Hydro 77.78%, Solar 12.59%, Oil 5.93%, Biofuels 3.70%

Tanzania

GDP (current USD): $75.76 billion (2022); $79.1 billion (2023)
GDP Growth (annual %): 4.5% (2022); 5.0% (2023)
Population: 66.61 million
Military Spending (USD): $832 million (2022); $905 million (2023)
Military Spending (% of GDP): 1.1% (2022); 1.2% (2023)
Electricity Production Capacity: 1 818 MW
Electricity Generation Sources: Gas 67.18%, Hydro 31.26%, Biofuels 0.78%, Oil 0.22%, Solar 0.55%

Burundi

GDP (current USD): $3.33 billion (2022); $2.64 billion (2023)
GDP Growth (annual %): 1.8% (2022); 2.7% (2023)
Population: 13.68 million
Military Spending (USD): $101 million (2022); $147 million (2023)
Military Spending (% of GDP): 2.6% (2022); 3.7% (2023)
Electricity Production Capacity: 131 MW
Electricity Generation Sources: Hydro 61.11%, Oil 33.33%, Solar 2.78%, Biofuels 2.78%

Uganda

GDP (current USD): $45.56 billion (2022); $48.77 billion (2023)
GDP Growth (annual %): 4.5% (2022); 5.3% (2023)
Population: 48.65 million
Military Spending (USD): $924 million (2022); $976 million (2023)
Military Spending (% of GDP): 2.0% (2022); 2.0% (2023)
Electricity Production Capacity: 1 452 MW
Electricity Generation Sources: Hydro 89.24%, Biofuels 7.24%, Solar 2.41%, Oil 1.11%

Kenya

GDP (current USD): $114.44 billion (2022); $108.04 billion (2023)
GDP Growth (annual %): 4.8% (2022); 5.5% (2023)
Population: 55.39 million
Military Spending (USD): $1.1 billion (2022); $0.9 billion (2023)
Military Spending (% of GDP): 1.0% (2022); 0.9% (2023)
Electricity Production Capacity: 3 824 MW
Electricity Generation Sources: Other Renewables 44.66%, Hydro 24.60%, Wind 17.31%, Oil 8.01%, Solar 3.07%, Biofuels 2.35%

Somalia

GDP (current USD): $10.20 billion (2022); $10.97 billion (2023)
GDP Growth (annual %): 2.7% (2022); 4.2% (2023)
Population: 18.35 million
Military Spending (USD): $113 million (2022); $143 million (2023)
Electricity Production Capacity: 156 MW
Electricity Generation Sources: Oil 89.47%, Solar 7.89%, Wind 2.63%

Ethiopia

GDP (current USD): $126.77 billion (2022); $163.69 billion (2023)
GDP Growth (annual %): 5.3% (2022); 6.4% (2023)
Population: 128.69 million
Military Spending (USD): $1.03 billion (2022); $1.22 billion (2023)
Military Spending (% of GDP): 0.9% (2022); 0.8% (2023)
Electricity Production Capacity: 5 690 MW
Electricity Generation Sources: Hydro 95.65%, Wind 3.83%, Solar 0.26%, Biofuels 0.19%, Oil 0.06%

South Sudan

GDP (current USD): $8.54 billion (2022); $6.27 billion (2023)
GDP Growth (annual %): 0.5% (2022); 3.5% (2023)
Population: 11.48 million
Military Spending (USD): $520 million (2022); $1.07 billion (2023)
Military Spending (% of GDP): 4.2% (2022); 6.3% (2023)
Electricity Generation Sources: Oil 96.77%, Solar 3.23%

Central African Republic

GDP (current USD): $2.38 billion (2022); $2.55 billion (2023)
GDP Growth (annual %): 0.5% (2022); 0.8% (2023)
Population: 5.15 million
Military Spending (USD): $42 million (2022); $62 million (2023)
Military Spending (% of GDP): 1.7% (2022); 2.3% (2023)
Electricity Production Capacity: 63 MW
Electricity Generation Sources: Hydro 100%

Republic of the Congo

GDP (current USD): $15.81 billion (2022); $15.32 billion (2023)
GDP Growth (annual %): 1.4% (2022); 1.9% (2023)
Population: 6.18 million
Military Spending (USD): $265 million (2022); $284 million (2023)
Military Spending (% of GDP): 1.9% (2022); 2.0% (2023)
Electricity Production Capacity: 842 MW
Electricity Generation Sources: Gas 72.50%, Hydro 22.50%, Oil 5%

Gabon

GDP (current USD): $20.44 billion (2022); $19.39 billion (2023)
GDP Growth (annual %): 3.0% (2022); 2.4% (2023)
Population: 2.48 million
Military Spending (USD): $277 million (2022); $265 million (2023)
Military Spending (% of GDP): 1.3% (2022); 1.2% (2023)
Electricity Production Capacity: 785 MW
Electricity Generation Sources: Gas 47.90%, Hydro 41.60%, Oil 10.08%, Biofuels 0.42%

Sudan

GDP (current USD): $51.66 billion (2022); $109.26 billion (2023)
GDP Growth (annual %): -0.9% (2022); -20.1% (2023)
Population: 50.04 million
Electricity Production Capacity: 3 815 MW
Electricity Generation Sources: Hydro 61.59%, Oil 37.57%, Biofuels 0.62%, Solar 0.22%

Egypt

GDP (current USD): $476.75 billion (2022); $396 billion (2023)
GDP Growth (annual %): 6.5% (2022); 3.7% (2023)
Population: 111.45 million
Military Spending (USD): $4.64 billion (2022); $3.16 billion (2023)
Military Spending (% of GDP): 1.0% (2022); 0.9% (2023)
Electricity Production Capacity: 59 680 MW
Electricity Generation Sources: Gas 79.31%, Oil 8.76%, Hydro 6.87%, Wind 2.56%, Solar 2.50%

South Africa

GDP (current USD): $406.92 billion (2022); $380.70 billion (2023)
GDP Growth (annual %): 1.9% (2022); 0.6% (2023)
Population: 63.21 million
Military Spending (USD): $3.11 billion (2022); $2.78 billion (2023)
Military Spending (% of GDP): 0.8% (2022); 0.7% (2023)
Electricity Production Capacity: 65 989 MW
Electricity Generation Sources: Coal 81.14%, Solar 6.82%, Wind 5.09%, Nuclear 3.57%, Oil 2.33%, Hydro 0.86%, Biofuels 0.19%

Tunisia

GDP (current USD): $44.57 billion (2022); $48.53 billion (2023)
GDP Growth (annual %): 2.6% (2022); 0.03% (2023)
Population: 12.20 million
Military Spending (USD): $1.15 billion (2022); $1.20 billion (2023)
Military Spending (% of GDP): 2.5% (2022); 2.4% (2023)
Electricity Production Capacity: 6 639 MW
Electricity Generation Sources: Gas 96.67%, Wind 1.62%, Solar 1.52%, Oil 0.14%, Hydro 0.05%

Morocco

GDP (current USD): $130.95 billion (2022); $144.42 billion (2023)
GDP Growth (annual %): 1.5% (2022); 3.4% (2023)
Population: 37.71 million
Military Spending (USD): $4.99 billion (2022); $5.18 billion (2023)
Military Spending (% of GDP): 0.1% (2022); 0.2% (2023)
Electricity Production Capacity: 14 615 MW
Electricity Generation Sources: Coal 70.03%, Wind 12.94%, Oil 10.12%, Solar 3.50%, Gas 1.67%, Hydro 1.64%, Biofuels 0.10%

Guinea

GDP (current USD): $19.91 billion (2022); $22.20 billion (2023)
GDP Growth (annual %): 3.9% (2022); 6.7% (2023)
Population: 14.40 million
Military Spending (USD): $441 million (2022); $504 million (2023)
Military Spending (% of GDP): 2.2% (2022); 2.1% (2023)
Electricity Production Capacity: 1 060 MW
Electricity Generation Sources: Hydro 65.79%, Coal 33.55%, Solar 0.66%

Sierra Leone

GDP (current USD): $7.11 billion (2022); $6.41 billion (2023)
GDP Growth (annual %): 5.3% (2022); 5.7% (2023)
Population: 8.46 million
Military Spending (USD): $28 million (2022); $22 million (2023)
Military Spending (% of GDP): 0.7% (2022); 0.6% (2023)
Electricity Production Capacity: 149 MW
Electricity Generation Sources: Hydro 90.00%, Oil 5%, Solar 5%

Liberia

GDP (current USD): $4.00 billion (2022); $4.24 billion (2023)
GDP Growth (annual %): 4.8% (2022); 4.6% (2023)
Population: 5.49 million
Military Spending (USD): $36 million (2022); $37 million (2023)
Military Spending (% of GDP): 2.5% (2022); 2.3% (2023)
Electricity Production Capacity: 199 MW
Electricity Generation Sources: Hydro 67.09%, Oil 32.91%

Benin

GDP (current USD): $17.40 billion (2022); $19.67 billion (2023)
GDP Growth (annual %): 6.2% (2022); 6.3% (2023)
Population: 14.11 million
Military Spending (USD): $110 million (2022); $140 million (2023)
Military Spending (% of GDP): 0.6% (2022); 0.7% (2023)
Electricity Production Capacity: ~505 MW
Electricity Generation Sources: Gas 78.76%, Oil 19.47%, Solar 1.77%

Djibouti

GDP (current USD): $3.67 billion (2022); $4.10 billion (2023)
GDP Growth (annual %): 3.7% (2022); 6.67% (2023)
Population: 1.15 million
Electricity Production Capacity: 210 MW
Electricity Generation Sources: Oil 100%

Gambia

GDP (current USD): $2.20 billion (2022); $2.39 billion (2023)
GDP Growth (annual %): 5.4% (2022); 4.7% (2023)
Population: 2.69 million
Military Spending (USD): $15 million (2022); $13 million (2023)
Military Spending (% of GDP): 0.7% (2022); 0.6% (2023)
Electricity Production Capacity: 162 MW
Electricity Generation Sources: Oil 100%

Equatorial Guinea

GDP (current USD): $13.68 billion (2022); $12.33 billion (2023)
GDP Growth (annual %): 3.2% (2022); -5.0% (2023)
Population: 1.84 million
Military Spending (USD): $156 million (2022); $162 million (2023)
Military Spending (% of GDP): 1.3% (2022); 1.6% (2023)
Electricity Production Capacity: 349 MW
Electricity Generation Sources: Gas 66.67%, Hydro 32.65%, Oil 0.68%

Eritrea

Population: 3.47 million
Electricity Production Capacity: 243 MW
Electricity Generation Sources: Oil 97.37%, Solar 2.63%

Eswatini

GDP (current USD): $4.69 billion (2022); $4.44 billion (2023)
GDP Growth (annual %): 0.06% (2022); 5.0% (2023)
Population: 1.23 million
Military Spending (USD): 74 million (2022); $67 million (2023)
Military Spending (% of GDP): 1.6% (2022); 1.6% (2023)
Electricity Production Capacity: 285 MW
Electricity Generation Sources: Hydro 51.72%, Biofuels 41.38%, Coal 6.90%

Guinea-Bissau

GDP (current USD): $1.79 billion (2022); $2.05 billion (2023)
GDP Growth (annual %): 4.6% (2022); 5.1% (2023)
Population: 2.15 million
Military Spending (USD): $24 million (2022); $25 million (2023)
Military Spending (% of GDP): 1.6% (2022); 1.5% (2023)
Electricity Production Capacity: ~30 MW
Electricity Generation Sources: Oil 100%

Lesotho

GDP (current USD): $2.35 billion (2022); $2.12 billion (2023)
GDP Growth (annual %): 2.3% (2022); 1.8% (2023)
Population: 2.31 million
Military Spending (USD): $34 million (2022); $33 million (2023)
Military Spending (% of GDP): 1.5% (2022); 1.5% (2023)
Electricity Production Capacity: 104 MW
Electricity Generation Sources: Hydro 100%

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