Thursday, September 6, 2012

Nigeria and South Africa - Africa’s powerhouses can reap many mutual benefits

By Dawn Nagar and Mark Paterson



As Africa’s two largest economies, Nigeria and South Africa could substantially enhance the continent’s development prospects — particularly if they work together more closely. South Africa, with a gross domestic product (GDP) last year of about US$368 billion, is Africa’s biggest economy, despite growth that is forecast to slow to less than 3 percent this year.

Meanwhile, the continent’s most populous nation, oil-rich Nigeria, overtook Egypt

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