The International Monetary Fund (IMF) says that oil-producing countries in Sub-Saharan Africa are growing at roughly half the pace of the broader region in what the IMF describes as “subdued and uneven” growth.
The world bank and the African Development Bank (AfDB) have announced plans to partner to provide access to energy for 300 million Africans by 2030.
The World bank has estimated that Nigeria’s inflation rate would drop to around 24.8% this year and further slide to 15.1% by 2026.