Multilingual.com, May 7th 2022
The enormous economic potential that emerging African markets represent for investors is often overlooked. The African economy in 2021 was around $2.7 trillion in nominal terms — $296 billion more than 2020 — calculated by taking figures from the IMF. This is $246b less than France’s GDP, the 7th largest economy in the world. Further, using Gross Domestic Product (GDP) as a yardstick, a February article in Business Insider Africa listed the 10 largest African economies to invest in as of 2022. Those economies come with their own array of important African languages.
Roughly 30% of the world’s languages are spoken in Africa. The continent has an estimated 2,000 languages from over 3,000 tribes and 55 countries. Although all the languages are important and beautiful, their popularity varies. For the present, let’s focus on those African languages widely spoken in the top-10 investment prospects.