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 ...
The service sector’s share of GDP in Africa’s 10 largest countries is 40 percent, not much lower than India’s 53 percent share. Many of Africa’s 1 billion people still live in abject poverty. But the continent also has a middle class of 300 million fairly well-off individuals. Growi...
The global centre of trade and finance is shifting away from the US and Europe and towards China and the east. Discover the rising markets promising lucrative trading opportunities for ambitious businesses.
According to current IMF data, France’s central government debt to GDP ratio is 80.98%. At the same time, the country’s net debt to GDP was 87%. These two figures are close and that shows that the country finances its pensions out of its annual budget rather than building an investm...
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 ...
Instead, the current primary driver of income inequality is where you work—every employee at a megafirm earns much more than a comparable employee at a smaller firm. This gap continues to grow. Corporate inequality rises across capitalist economies from the United...
Birth defects are the leading cause of mortality in newborn babies and children under five years old. In response, the Chinese government has implemented a three-tiered prevention strategy, which has brought ethical concerns about fetuses with birth defe
According to Wikipedia: “Life expectancy is a statistical measure of the average time an organism is expected to live, based on the year of its birth, its current age and other demographic factors including gender.” Here is a list of the life-expectancies of 20 animals, from very long to...
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...
We often hear the word globalization in many contexts and repeated frequently as a concept to denote more trade, foreign companies and even the ongoing economic crisis. Before we launch into a full-fledged review of the term and its various manifestations, it is important to consider what ...