 AFRICAN POWER POINT:
- Africa is the world's second largest continent after Asia "30.2 Million Square KM".
- Africa is the world's second largest population after Asia "More than one billion people".
- African economy has the potential to grow at a fast pace because it is very rich with natural resources.
- Few Figures: Africa has almost 90% of the world's Cobalt, 50% of Gold and 90% of Platinum, 70% of Tantalite, 98% of Chromium, 64% of Magnesium and 33% of Uranium.
- Africa has 54 states.
- Africa is surrounded by Mediterranean Sea, Suez Canal and the Red Sea, Indian Ocean and Atlantic Ocean.
- Africa has numerous emerging and promising markets.
- Africa has a strategic location among the world.
This indicates that Africa comprises all required factors to realize economic development.
Economists Point of View About Middle Eastern And African Development Ratio.
Reviewing economic figures in Egypt, Middle East and Africa during 2007, 2008, 2009, 2010, economists expect a significant increase in the development ratio during the upcoming years in the very near future 2012-2016, especially after the recent Arab Revolutions achieve the democracy.
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