Why Africa’s top 4 economies are in trouble

Growth in Africa has outpaced most emerging markets in recent years, but that’s changing fast as a slew of problems beset its leading economies.

Cheap oil, political uncertainty and weak banks are all to blame. Here’s what you need to know about sub-Saharan Africa’s big four:

Africa’s top 4 economies are in trouble

South Africa

LACKING IN FRONT, LAGGING BEHIND; THE BURDEN OF AN UNSCRUPULOUS TREASURY LOOTING RULING ELITE; BY JAYE GASKIA

Why do some nations lag behind other nations? Why inspite of the immense human and natural resource potential does our country Nigeria, continue to lag behind? Why have we not fulfilled the promise of independence? Why are we nowhere near realising even half of the potential of this tremendously endowed Nation?

What manner of administratively inept and congenitally light fingered ruling class have we been saddled with as a people?