10. Tanzania
Nominal GDP: $45.899 billion
This country has been through a lot in the past decade, paving its way to better development and poverty reduction, in order to establish the economy. It looks like everything that was done was pretty much effective since it has achieved growth and modernized in every sense. Although this is a very small country, the financial sector is now one of the best in Africa. It has been noted that the annual GDP growth has reached 7% thanks to transport, agriculture, manufacturing, construction, and communication. However, there are still some issues that Tanzania struggles with and that can affect the economic growth, such as corruption and weak rule of law.
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