According to the IMF’s latest Coordinated Direct Investment Survey, released on 20 February 2025, global FDI rebounded in 2023 after a slight decline, soaring to an all-time high of $41.
For decades, Africa has been the world’s largest recipient of foreign aid. From humanitarian relief to economic development assistance, billions of dollars have flowed into the continent with the aim.
The African Continental Free Trade Area (AfCFTA) was officially launched on 1 January 2021, with the ambitious goal of creating the world’s largest single market, integrating 55 countries with a.
Africa is a land of immense natural wealth, boasting over 30% of the world’s mineral reserves, 8% of its natural gas, and 12% of its oil reserves. It is home.
The year 2020 was pivotal as the COVID-19 pandemic swept across the globe, and Africa was not exempt from its effects. Although the impact on the continent was arguably less.
For decades, Africa has been a continent associated with foreign aid. Billions of dollars have flowed into African nations from Western countries, to address poverty, hunger, and health crises. According.
Africa, often called the “next frontier” for economic growth and development, is poised to become a hotspot for Foreign Direct Investments (FDIs). With its vast natural resources, rapidly growing middle class,.
The world economy is projected to maintain a growth rate of 3.2 percent in 2024 and 2025, mirroring the pace seen in 2023. The global financial sector is continually evolving,.
The passage of the Petroleum Industry Bill (PIB) into law is key to attracting foreign investments into the country, the oil service contractors have said. The PIB, according to the.
