Furthermore, many countries have started developing Central Bank Digital Currencies (CBDCs); a few (including The Bahamas and Nigeria) have even implemented them. CBDCs are digital tokens issued by a central bank. They are similar to cryptocurrencies, but since they are issued and regulated by th...
The integration of the state pension system into the government accounts gave the central government access to a large amount of savings, much of which was stored in government bonds. The government used some of this fund to pay off part of the national debt. It also sold off state-owned ...
The numbers of migrants trying to cross from the Libya on the coast of north Africa to one of the EU's southern nations is increasing. Europe's impoverished southern nations can't cope. And in the better off nations of northern Europe immigration is a to
How much does geography affect people's lives? How does culture impact the political economy? How does climate change affect living things? How does drought influence economic activities? How does location affect a country's economic activities?
Notably, how much any condition takes away from a woman’s quality of life—or contributes to the end of her life—can vary widely, particularly when considering factors such as race, ethnicity, income level, or where she lives. Stakeholders may consider a condition’s i...
Groups like the Gates Foundation, GAVI, The Global Fund, and Partners in Health—cofounded by Paul Farmer, who lived in Rwanda for years—have financed the effort substantially. But much of the innovation and footwork has been homegrown. Child mortality, meanwhile, has dropped from one of the...
Nigeria is the largest African economy, with a GDP of $477.4 billion USD in 2022. The next largest was Egypt, with $476.7 billion.6 Stocks Mirror the Economy Sub-Saharan Africa has 26 stock exchanges representing 22 countries.7These exchanges have a lot of disparity in terms of their size...
Since the OPEC nations produce so much of the world's oil supply, they can manipulate the price per barrel depending on how manybarrels per daythe group will sell on the world oil market. If the group wants the price to rise in order to make more money, they can reduce the amount of...
in the early planning stages in sub-Saharan Africa.But why are the largest international hospitality brands so keen to expand into Africa, and why have so many of them failed to make the impact they had hoped in economies that are growing much faster than most other countries in the world?
OPEC has 12 members: Algeria, Congo, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab Emirates, and Venezuela.2 Ten non-OPEC nations joined OPEC to form OPEC+ in late 2016 to have more control of the global crude oil market. These countries ...