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Why are African nation trying to diversify their economy?
The African Nation is trying to diversify their economies because A country with a diverse economy will not be hurt as much if a major cash crop fails or if world prices for one of it's major mineral exports suddenly drops. THAT'S THE REAL ANSWER!!!!
Why is economic dependence a problem for African nations?
A major goal of African nations is reducing economic dependence. Because they rely heavily on the export of a single crop or commodity, they are at the mercy of world market prices. African nations, such as Egypt and Kenya, have tried to diversify their exports, but they face stiff competition from developing nations in Asia and Latin America. African nations have tried to limit costly imports. But this has proved difficult for essential imports. For example, only a few African nation- Nigeria, Libya, and Gabon- produce enough oil for their factories and transportation systems. The others must buy imported oil. When world oil prices soar, most African nations must borrow money to pay for the oil. Like other nations, they have had difficulty repaying their debts. Despite these problems, many African nations have made economic progress in recent years. The recovery remains fragile, however. The African people are often hurt by events outside their control. Debt, drought, disease, civil war, and international conflict all work against economic progress.
What are African countries doing in order to depend less on the sale of one export?
diversify their economies
When did West African Nations Cup end?
West African Nations Cup ended in 1987.
When was West African Nations Cup created?
West African Nations Cup was created in 1982.
When was Hockey African Cup for Nations created?
Hockey African Cup for Nations was created in 1974.
Which team won the African cup of Nations 2010?
Egypt won the 2010 African cup of nations.
Who hosted the 1980 African Cup of Nations?
The 1980 African Cup of Nations was held in - and won by - Nigeria.
Which form of government have the African nations had since independence?
There is no "African" nation. There are 54 nations on the continent of Africa.
When did South African win the African Nations Cup?
1996
Cameroon qualify for the African cup of nations?
Cameroon did qualify for the 2010 African Cup of Nations (also known as the Orange African Cup of Nations for sponsorship reasons), but lost 3-1 in the quarterfinals to Egypt.
Which letter of the alphabet does not appear in any of the names in African nations?
The letter X does not appear in any of the names of African nations.
