Below is a short article about the economic woes for Africa’s top 4 economies. I have been hearing allot in the news lately about how african economies are not doing as well as predicted and there growth is slowing. One thing i found shocking in this article is the percentage of revenue in some african counties and there reliance on oil. For example Angola receives 95% of its government revenue from oil. I just cant believe in todays world that fully organized government does not realize that a diversified portfolio is a means to avoid the scenarios they face today. But in broader terms what will the reduction in growth mean for the rest of the world. companies are pulling out because of stagnant growth which further exacerbates the crises. what will be the future result for countries like Nigeria? I think this actually might contribute to a rise in gas prices. which i hope not because i have been enjoying paying less at the pump.

http://money.cnn.com/2016/04/15/news/economy/africa-economy-south-africa-nigeria-kenya-angola/