Dr Akinwunmi Adesina, the outgoing president of the African Development Bank, AfDB, stirred the hornet's nest when he said Nigeria's GDP per capita was $1,847 in 1960 but $824 in 2025, implying that ...

According to 2025 estimates from the International Monetary Fund, South Sudan ranks as the poorest country in the world, with ...

Growth in sub-Saharan Africa is projected to remain at 3.2 percent in 2019 and rise to 3.6 percent in 2020. The expected recovery, however, is at a slower pace than previously envisaged for about ...

Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. The COVID-19 pandemic has had a more negative impact on activity ...

2025 Theme: Enhancing the role of Micro-, Small and Medium-sized Enterprises (MSMEs) as drivers of Sustainable Growth and Innovation MSME Day 2025 comes at a pivotal moment—just ahead of the ...

The ratios are always calculated relative to a member state’s GDP. The reference value are: 3%. deficit ratio of GDP 60%. debt ratio of GDP All member states must avoid exceeding these reference ...

Against this backdrop, GDP growth decelerated to an estimated 4.5% in 2024, following a cyclical rebound of 5.6% growth in 2023. Kenya’s growth is projected to recover to 4.9% on average during ...