In its latest World Economic Outlook report of July 2024, the International Monetary Fund (IMF) adjusted its growth forecasts for Nigeria, lowering them by 0.2 percentage points. Economic growth is n...
The latest edition of the World Bank’s Global Economic Prospects report highlights both the challenges, opportunities, and risks for 2024 and beyond. Economic growth in Sub-Saharan Africa is projec...
The contribution of entertainment to the GDP has increased over the last three years. In 2020, the Nigerian bureau of statistics had estimated the entertainment contribution at $1.1 billion. Over t...
The last decade's severe governance issues, including state capture and corruption, have had consequences for South Africa, as highlighted by the 2022 State Capture Commission of Inquiry, the ...
4,503 new businesses mark a 3% decrease from the 4,655 companies formalized in the first quarter of 2023. Of the 4,503 companies launched, 3,810, or 85% of the total, were founded by Togolese nationa...
In Angola, growth is expected to accelerate from 0.8% in 2023 to 2.8% this year, with economic activity mainly based in the non-oil sector, while oil production is expected to drop to 2.5% in 2024 d...
