Africa is one of the largest continents in the world and the home to 54 countries. Yet, she is regarded by many as the most undeveloped and poorest continent in the world. The reason behind this rather hasty conclusion is not far fetched.
Most of the countries are not developed and they depend on old sources of income such as Agriculture and mining without modern technology. Terrorism, Smuggling and Corruption are the major deterrents to the stagnating economy of most african countries. It is estimated that about 36% of Africans live on less than US$1 per day.
However, there are some progressing economies in Africa which are quite wealthy.
This list reflects the GDP per capita in each country. GDP is the gross domestic product, or total market value of goods and services produced by the national economy during the last year, in regards to each person in the country.
10.) Mali – GDP per capita: $1,136
Mali is the tenth poorest country in Africa. Mali’s poverty, malnutrition, inadequate hygiene and sanitation are the biggest health challenges.
Over 50% of the population lives below the international poverty line of US$1.25 a day.