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Despite an unsteady global economy and intensifying geopolitical risks, Africa is poised to chart a new economic course, with real Gross Domestic Product (GDP) expected to rise steadily from 4.0 ...
Following an incredibly difficult couple of years during the pandemic, in early 2022, Africa finally looked as if it was on track to resume an upward trajectory in terms of GDP growth. Just when ...
Despite the growth figures, the IMF cautions that high growth rates in many African countries are starting from low economic bases. Public investment, commodity exports, and demographic expansion ...
Africa’s most populated country now also has its biggest economy, after Nigeria changed what is included in its GDP calculation. Figures before the change predicted Nigeria’s GDP was approximately ...
Many people and firms are disconnected — from one another and from economic opportunity. African households face higher costs relative to their per capita GDP than households in other regions.
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