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SUB-SAHARAN AFRICA
The International Monetary Fund (IMF) says the critical mineral deposits in sub-Saharan Africa (SSA) can boost the region's Gross Domestic Product by 12% in 2050.
West Africa's biggest economy, Nigeria, is forecast to grow 3.3% this year, below its long-term average.
The International Monetary Fund (IMF) has stated that financing conditions for sub-Saharan African economies are expected to remain tough for a period together with ongoing capital outflows from the region.
Sub-Saharan Africa’s labor force may increase to 14 million individuals in 2024.
UNESCO estimates extra 24.4Million primary and up to 44Million secondary school teachers to achieve UBE by 2030 in Sub-Saharan Africa.
Half of almost a billion people have no clean cooking access in Nigeria, Ethiopia, the Democratic Republic of Congo, Tanzania, and Uganda.
Egypt, Nigeria and South Africa lead the list of African countries that have attracted the highest foreign direct investments in the past ten years.
The report stated that the energy and power sector generated the highest investment banking fees for the aforementioned period.
South Africa, Ethiopia, Kenya, Nigeria, and Ghana have contributed 77.6% of cumulative confirmed COVID-19 cases in Sub-Saharan Africa.
The dreaded Coronavirus pandemic is expected to drive Sub-Saharan Africa into its first recession in 25 years.
Female entrepreneurs will benefit from a $40 million offered to small businesses in Sub-Saharan Africa by Palladium, a global consultancy firm.
Chief Executive Officer of GTBank Segun Agbaje has said that the bank is making plans to expand its market base beyond its present locations.