Business - September 18, 2024

Top 5 African Countries Benefiting from Nigeria: Afrobeats, Fuel, and More

Inimfon Asifar September 18, 2024

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Nigeria is known as the “Giant of Africa,” and for good reason. Even though the country faces many challenges, it has produced billionaires, top celebrities, and successful businesspeople who are known around the world.

Global stars like Rihanna and Nicki Minaj are so interested in Nigeria that they are learning to speak Yoruba and Pidgin English.

Although we didn’t win at the Emmys, where South Africa’s Tyla took home the award for Best Afrobeats Artist, Nigeria still leads in the Afrobeats music scene.

Nigerian artists like Rema, with his hit song “Calm Down,” and Tems, known for “Love Me Jeje,” have made waves globally. Afrobeats originated in Nigeria, showing how important the country is to this music genre.

Nigeria stands out as the most powerful economy on the continent. With a GDP estimated at $477 billion in 2022, Nigeria is at the top of the ranking of the richest African countries, ahead of Egypt and South Africa.

The country also has a big impact on other African countries in different ways. Here’s a look at how Nigeria benefits other nations:

African Country	How They Benefit from Nigeria	Types of Trade and Benefits
Ghana	Nigerian music and entertainment; trade of goods and services.	Imports Nigerian products; cultural exchange.
South Africa	Music collaborations; trade of goods.	Imports Nigerian goods; joint music projects.
Kenya	Influence of Nigerian music; trade of products.	Trade of various products; cultural impact from Afrobeats.
Togo	Cultural influence; trade of goods including fuel.	Imports Nigerian fuel; cultural and trade exchange.
Benin Republic	Popularity of Nigerian music; trade of goods and fuel.	Imports Nigerian goods and fuel; cultural exchange.