Research on Development and Future Potential of Africa Economy

DOI

10.2991/assehr.k.211209.485How to use a DOI?

Keywords

GDP; Infrastructure; Politics; Africa

Abstract

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.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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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  -