The article discusses the impact of increase in Gross Domestic Product (GDP) rebase of Nigeria on business opportunities for investors and being more attractive in every financial and economic model w...
China’s recent post-COVID-19 reopening is driving a consumer rebound, supporting regional and global growth. We expect China’s economy to grow 5.8 per cent in 2023, up from 3.0 per cent in 2022. Household consumption is likely to contribute 4-4.5ppt to this year’s GDP growth, up fro...
Nigeria Turkey You’ll notice that all four of these appeared in the Next Eleven category – think of MINT as an update to N-11. The economic outlook for MINT countries is bright: Goldman Sachs predicts that all four nations could be inside the top 20 economies by 2050, with ...
Others, such as Kenya, Ghana, Nigeria, Tunisia, Namibia, Botswana, Zimbabwe and Ivory Coast, are tiny in the global context and shares in these countries are more difficult for private investors to access. How to get into Africa It is difficult to invest directly in African-specific portfolios...
likely be concentrated in 11 key markets: Cameroon, Côte d’Ivoire, Egypt, Ghana, Kenya, Morocco,Nigeria, Senegal, South Africa (home to the continent’s most mature banking system), Tanzania, and Uganda. Together, these markets account for 70 percent of Africa’s GDP and half its ...
Domestic economic fragilities mean that we could very well see annual GDP contractions in South Africa and Nigeria next year. The question of debt restructuring has become a hot topic lately, as a number of African sovereigns have mulled public debt reorganisation or called for debt relief in th...
25 Nigeria 1,280,716 BRICS current and prospective members * International dollars represent the purchasing power equivalent of US$1 when comparing national economies. Source – World Bank, RBC Wealth Management The power of pragmatic policy From our vantage point, the Western press and foreign ...
These include the UK’s Open Banking Implementation Entity, the EU’s second Payment Services Directive, Australia’s new consumer protection laws, Brazil’s drafting of open-data guidelines, and Nigeria’s new Open Technology Foundation (Open Banking Nigeria). Looking for direct answers to other...
Nigeria,the first African country to roll out a CBDC, launched eNaira in October 2021. Sub-Saharan Africa is poised to adopt CBDCs. The widespread use of M-PESA, a mobile money transfer service, has established a strong social and financial infrastructurefor the potential future use of CBDCs...
Respondents in Egypt, Nigeria, and South Africa—the African countries represented in the survey—report the smallest declines in spiritual health. Yet perceptions of health don’t always connect to life expectancy. Living longer may not mean better perceived health On average, older people...