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Which is the only sub-saharan African country that is a member of OPEC?
Angola
What is the top oil producing country in western Africa?
Nigeria is has the largest population of all countries in OPEC. In 1956, oil was discovered for the first time in Oloibiri, Nigeria's Bayelsa State.
Does Nigeria have the potential to be one of the strongest economic countries?
Nigeria has the potential but not the political will to implement it unfortunately. Its a member of OPEC and has large reserves of oil which could greatly benefit the people. The problem is that the government is notoriously corrupt and inefficient and the population is exploding-it has the highest birthrate in Africa! There is also a Marxist guerrilla force that continues to pressure the government and has repeatedy shut down oil production. Nigeria and the rest of Sub-Saharan Africa, except South Africa, are doomed to remain mired in poverty and high population rates and rampant corruption.
What is the Richest African country?
The answer depends entirely what criteria you use to measure the term "richest", this could mean monetary, natural resources, cultural, heritage etc. Bear in mind that a countries natural resources cannot be realised until they are mined or sold as raw (or refined) products - this is only a measure of potential wealth.Below are a number of varying answers from different contributors, some are based on raw facts others more esoterically.South Africa is the richest country in Africa. It has the biggest economy in Africa, followed by Egypt and then Nigeria, meaning South Africa the richest country in terms of GDP.SA might not be the richest country in terms of GDP percapita but that is not a measurement of a its total wealth. Saying that Mauritius is the richest country in Africa is like saying Luxembourg is the richest country in the world (which is wrong).Finally, although Nigeria is very rich in natural resources, such as oil, it does not come close to the resource wealth of South Africa. Don't forget the huge reserves of gold and platinum. South Africa is sitting on nearly 40% of the worlds platinum reserves.In fact, according to Citigroup, South Africa is the richest countryin the world in terms of natural reserves, with 2.5 trillion dollars worth of resources, followed by Russia and then Australia.It is safe to say that South Africa is the richest country in Africa.AnswerI believe South Africa is the richest economical country in Africa. No debate about that.AnswerIf u talk about resources south Africa is the richest country in Africa and per capita is also south AfricaAnswerI live in South Africa and know that we are def the richest on our continent, the way of life in my country is even better than a heck of a lot of European countries. however, the gap between rich and poor is too big, I am blesses d enough not to be on the poor side.AnswerI'm from Nigeria and I have visited there plenty of times. By the knowing the strong econmy we have and our oil, Nigeria is one the richest country in Africa.AnswerI have checked several sites on GDP per capita. None of these have Nigeria on the top 10 list. For example the CIA government site has this list, refering to African countries: 1.Mauritius 2.South Africa 3.Botswana 4.Seychelles 5.NamibiaAnsweri am from nigeria, i believe south Africa is the richest country in Africa when it comes to money.but in that of their economy the rate of poor citizens in nigeria could be said to be 90%.AnswerI'M FROM NIGERIA AND I'M VERY SURE THAT NIGERIA IS THE RICHEST COUNTRY IN AFRICA BECOUSE 0F OIL AND AGRICULTURAL PRODUCE IT EXPORTS. IT'S GDP IS 32 BILLION DOLLAR ANUALLY. NO OTHER COUNTRY IS AS RICH AS THAT IN AFRICA.AnswerSouth Africa is the richest. This country is the dynamo of Africa, it has a strong economy and has the highest GDP in Africa. Nigeria could have a strong econmy but the standard of living for the nigerians should also be taken into account. SA is the richest and wealthiest country in Africa.AnswerIt is very easy to answer this question. Go to the CIA fact book (see related link) were the US government keeps data on all countries in the world. Go to any African country you want and look at GDP per capita. This is the amount of money spent on the average person in the country during 1 year. For comparision, in 2005 The USA was 41,000 dollars, France was 30,000 dollars, China was 6,200 dollars. Africa is another story. Nigeria was only 1000 dollars. Kenya was 1,200 dollars. Sychelles 7,800. Botswana 10,100. South Africa 11,900. Mauritius was the highest at 13,300. Mauritius also has a high life expectancy, high literacy rate, low Aids rate, low birth rate, etc that is very unusual for an African country. Hopefully other African countries will follow the lead of Mauritius and get out of poverty as well. Remember, Maurtius was a very poor country only one generation ago. If they can do it, so can the rest of Africa!!!!AnswerI know nigeria is the richest country in Africa, no dout crude oil and LNG is the world most important products and Nigeria has an abundance of that. The reason why USA and Britain are currently at war with Iraq, U crazy!!!AnswerMauritius is the richest country in Africa!Answeri think Botswana is the richest African county. even though the country has a small economy it can sustain its people by provididng them with free education from primary to tertiary level. how many African countries can afford to do that?AnswerIf you just Google this you'll find that South Africa is by far the richest African nation, followed at a distance by Algeria and then Egypt. Mauritius has the highest per capita income, but its GDP is comparatively small.AnswerSouth Africa has both the military might and is the most industrilised country in Africa. Oil alone does not make a country rich but how its resources are used i.e Saudi Arabia , Kuwait, Iraq etc but these nations are not rich by any means.South Africa infractructure supports most of the other African countries Durban port supplies Zimbabwe, Botswana, Swaziland ect. Big corps like Eskom supply Electrity and our many nucleur facilities.Other huge SA coprs like MTN , DSTV and many others supply telecoms especially to Nigeria.So all facts put on the table South Africa is where it is because of help of the British but mostly the USA for providing technology back in the day befor embargoes happened.South Africa is the richest country in Africa. Look go to any websites...Nigeria is maybe one of the richest. Because of our Oil and Gold we are simply the richest country in Africa. Nigeria is not! But we are not boasting we love all Africa and we are in it together!AnswerAm Ghana and have been to both South Africa before..Even though Nigeria do not live a high life in the Africa,They are very poor...Below is the list of the top 10 according to CIA world factbook.Country GDP - per capita:1 Equatorial Guinea $ 50,2002 Mauritius $ 13,5003 South Africa $ 13,0004 Libya $12,7005 Botswana $11,4006 Tunisia $8,6007 Seychelles $7,8008 Algeria $ 7,7009 Namibia $ 7,40010 Gabon $ 7,200============================================================The richest countries based on GDP, a country's productivity. The GDP is a measure of if all the goods and services of country where divided it people what is the average dollar amount of goods and services they produce. According to this metric Equatorial Guinea is #1, the people produce an average of $50,200 of goods per person.
Where in New Zealand can crude oil be found?
In earlier times, natural ground seeps of oil were found at Kapuni in Taranaki, and at Lake Brunner in the South Island. Later exploration in Taranaki and to the west of it proved large deposits of oil, and these are currently being exploited.
Where does the last member of OPEC come FROM?
Africa
What spanish speaking country is a member of the OPEC?
Venezuela. Ecuador also used to be a member of OPEC, but withdrew.
Is Egypt located in OPEC?
OPEC is an organisation, not a place, so no country is located in it. Egypt is not a member of OPEC.
What makes up the majority of Nigeria's wealth?
The petroleum industry makes up a large portion of Nigeria's wealth. The country is a member of OPEC.
Is Germany a member of OPEC?
No. OPEC Members are all oil producing countries. Germany is not an oil producing country.
Is Afghanistan a member of OPEC?
yes Pakistan is a member of OPEC.
What country of Africa is a member of OPEC?
There are four African countries which are members of OPEC. They are: Libya, which was the first to join, in 1962 Algeria, which joined in 1969 Nigeria, which joined in 1971 Angola, which was accepted in 2006, though its membership was effective as of 1 January 2007
Which is the only sub-saharan African country that is a member of OPEC?
Angola
What country in the south America is the greatest oil producer?
Venezuela. It is the only member in South America that is a member of OPEC.
Is Sudan an OPEC member?
No. Yemen is not a member due to its low oil production and proven reserves.
Is Chile a member of OPEC?
No. Although Mexico is a major oil exporting country, it does not belong to the OPEC (Organization of the Petroleum Exporting Countries).
Why Sultanate of Oman is not a member of OPEC?
Opec wants Oman to be a member, but Oman would not accept the terms and conditions of OPEC
