Research on Development and Future Potential of Africa Economy
- 10.2991/assehr.k.211209.485How to use a DOI?
- GDP; Infrastructure; Politics; Africa
The development potential and the abundant resources in Africa have attracted a lot of foreign attention and gained a lot of FDI. However, that because of the Covid-19, that many countries have been affected and fallen into a recession. Africa was also influenced so that some people have doubted that whether Africa has the potential to develop its economy. This paper researched Africa’s s potential through three parts, which is the economy, that Africa has experienced a good development of GDP after 1960. Second is the politics and the religions, it shows that some religions might affect the policies to be successfully carried out. The third is the infrastructure and resources which Africa still needs a lot of construction on the basic infrastructure and many resources can be a product for trade. Therefore, Africa still has the potential to develop its economy , but it will have many problems during this time.
- © 2021 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Chengyishen Yang PY - 2021 DA - 2021/12/15 TI - Research on Development and Future Potential of Africa Economy BT - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021) PB - Atlantis Press SP - 2982 EP - 2987 SN - 2352-5428 UR - https://doi.org/10.2991/assehr.k.211209.485 DO - 10.2991/assehr.k.211209.485 ID - Yang2021 ER -