you are currently viewing::How Nigeria Can Unleash its Economic PotentialJuly 7, 2025--Increasing revenues, establishing an effective budget framework, and scaling up the cash transfer system can all support Nigeria's progress
As discussed in our latest annual economic health check of the West African nation, the right policies can help Nigeria realize its potential as an African and global economic powerhouse. A difficult starting point Upon taking office in 2023, the new government faced low growth and rising poverty. Between 2014 and 2023, real per capita GDP declined on average by 0.7 percent annually. Source: imf.org |
October 22, 2025-Two out of three African countries have not improved or slipped backwards in their ratings among the 29 countries scored in the 2025 edition of the Absa Africa Financial Markets Index (AFMI), now in its ninth year. However, 10 out of 29 countries increased their overall scores, a slowdown from 2024 when 23 countries increased their scores.
October 21, 2025-The Congo Basin, home to the world's second-largest tropical rainforest, holds immense value for not only the six countries it spans, but for the planet. A new World Bank report reveals the region's forests are not only essential for climate stability and biodiversity, but also a foundation for economic resilience.
October 16, 2025-South Africa is positioning itself as the continent's digital and investment powerhouse, using its economic resilience and advanced infrastructure to attract global capital and drive Africa's growth story.